Andreessen Horowitz leads $5M round for new blockchain gaming startup led by Microsoft vets – GeekWire

Andreessen Horowitz leads $5M round for new blockchain gaming startup led by Microsoft vets – GeekWire

Rahul Sood.

A new Seattle startup led by longtime entrepreneur Rahul Sood is combining a flurry of the latest tech trends — NFTs, blockchain, machine learning, metaverse — into futuristic gaming experiences.

Irreverent Labs caught the attention of Silicon Valley firm Andreessen Horowitz, which just led a $5 million round and has funded at least 50 crypto startups as part of a huge bet on the emerging sector.

Other backers include Chainsmokers Mantis VC, a venture fund led by music band Chainsmokers, as well as Seattle firms Unlock Venture Partners and Keen Crypto, a new crypto-focused fund founded by tech vet Andy Sack. Advancit Capital, which has backed MasterClass, Headspace, and The Athletic, also invested.

Sood said it took just eight days to raise the cash — a testament to his track record in the tech world, his vision for the new company, and the excitement around its technology.

Sood previously co-founded esports betting startup Unikrn, which was acquired this year, and led Microsoft Ventures. But he’s most excited about the potential for Irreverent Labs.

“This is like the highlight of my career,” Sood said. “It’s everything I love all wrapped up into a little project which I think is going to be a real success.”

The company plans to unveil its first game next month, but Sood offered a
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