a16z Opens New Investment Opportunity for Startups, Offering $1 Million in Funding

Venture capital firm a16z has announced the launch of a new funding opportunity through its Speedrun program. Andrew Chen, general partner at a16z, shared this information on X (formerly Twitter). The application period closes on May 11th, with startups seeking up to $1 million in funding having the chance to receive support from a16z during the next 90 days. This program aims to accelerate the growth of early-stage businesses. The new round will commence on July 28th and run until October 10th, 2025.