A16z, USV Lead $12 Million Funding for CryptoKitties

by Annaliese Milano

The team behind the viral ethereum app CryptoKitties is breaking away from its parent company, Canada-based Axiom Zen, and raising $12 million in venture funding to go it alone.

Announced Tuesday, the app's Series A round was led by venture capital firm Andreessen Horowitz, whose portfolio includes a variety of tech companies such as Coinbase and Airbnb, and Union Square Ventures, a New York-based firm that has stakes in Coinbase, OB1 and other industry startups.

Axioms are early innovators in emerging technologies.

Our team of interdisciplinary creatives utilize their insights into new technology to design groundbreaking and delightful product experiences.

Let's build the future together