Nikolas Sargeant
Andreessen Horowitz's (a16z) Crypto Startup Accelerator (CSX) has announced its Fall 2024 cohort, which includes 21 startups. Each company accepted into the program receives a minimum investment of $500,000, as shared in a company blog post.
The accelerator, which kicked off this week in New York, offers participating startups guidance from top crypto founders, insights from a16z’s investment teams, and the opportunity to network with other cohort members and the broader a16z ecosystem. Jason Rosenthal, head of a16z CSX, emphasized the program’s value in fostering connections and growth.
"I’m thrilled to introduce the 21 startups selected for our Fall 2024 cohort," Rosenthal said, adding that the startups hail from 11 different countries. Among them are Anera Labs, Blocksense, Banyan, Cork Protocol, Future Primitive, MeshMap, and zkSpin.
“These companies are building across the entire crypto stack, spanning AI, DeFi, infrastructure, and consumer applications like photo sharing and mapping,” Rosenthal noted on X.
A16z CSX Heads to San Francisco for Spring 2025
Rosenthal also revealed that the next a16z CSX cohort will take place in San Francisco in Spring 2025, following the Spring 2024 program in London. Applications for the next cohort will open in January, and a16z CSX will continue its commitment to invest at least $500,000 in each selected company.
In the past year, outside of its accelerator program, a16z has backed nine new crypto startups, expanding its portfolio, which already includes well-known names like Coinbase and OpenSea.
Additionally, Cork Protocol, one of the startups in the current cohort, announced that it will use the 8-week program to accelerate its go-to-market strategy. The platform, which focuses on expanding onchain credit markets, recently launched a testnet trading competition aimed at helping users price and hedge risks.
