a16z has enterprise scouts scattered throughout Europe

Despite information that Andreessen Horowitz closed its London crypto-focused workplace, the VC big has dozens of scouts throughout Europe in search of early-stage startups, stories Sifted. Some scouts are mentioned to work at firms like Poolside and 11x, the latter of which simply raised a $50 million Series B led by the agency. 

Though lots of a16z’s scouts are primarily based within the US , the European scouts could be present in nations equivalent to Sweden, France, Germany, Estonia, the U.Ok., and Amsterdam. Some of them embrace Pippa Lamb, a companion at Sweet Capital, and Guillaume Roux-Romestaing, who leads a partnership at 11x, in keeping with Sifted. 

These scouts are inclined to do as much as eight offers a yr and write checks from $10k to $25k, they instructed Sifted. There are guidelines, although. For instance, they’re apparently not allowed to speculate straight in NFTs. 

A16z didn’t instantly reply to a request for remark.