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Despite news that Andreessen Horowitz (a16z) closed its London crypto-focused office, the VC giant continues to maintain a significant presence in Europe, with dozens of scouts actively searching for early-stage startups, according to reports from Sifted. Some of these scouts are employed by prominent companies such as Poolside and 11x, the latter of which recently secured a $50 million Series B led by the firm.

Although many of a16z’s scouts are based in the U.S., the European scouts can be found in various countries, including Sweden, France, Germany, Estonia, the U.K., and Amsterdam. Some notable examples include Pippa Lamb, a partner at Sweet Capital, and Guillaume Roux-Romestaing, who leads a partnership at 11x, as reported by Sifted.

These scouts typically engage in up to eight deals per year and write checks ranging from $10,000 to $25,000, according to Sifted. However, there are certain restrictions in place, such as the prohibition on investing directly in NFTs.

Andreessen Horowitz did not immediately respond to a request for comment.


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