A16z Eyes More European Startup Deals

Andreessen Horowitz is signalling continued appetite for European technology companies even though it does not currently plan to rebuild a permanent office on the continent.

What happened

General partner Anish Acharya said the firm wants to make more investments in European startups, particularly around AI and emerging technology.

The comments came in an interview rather than a new fund announcement or individual transaction.

A16z does not currently plan to reopen a permanent European office.

Why it matters

Large US venture funds have become increasingly important sources of growth capital for Europe's strongest technology companies.

Historically, opening a local office was often treated as a sign that a US investor intended to build a long-term regional strategy.

A16z's comments suggest that may be becoming less necessary, particularly for AI startups that build global businesses and investor networks from the beginning.

The bigger picture

European venture capital is increasingly connected to US capital without requiring every investor to maintain a full local operation.

That can improve access to later-stage funding, but it also means Europe's strongest startups may still rely heavily on foreign capital as they scale.

A16z's position is therefore both positive for founders seeking larger cheques and a reminder that Europe's domestic growth-capital base remains less deep than the US market.