Four big a16z portfolio launches in 48 hours, led by Wabi's $55M at $1.25B valuation
joonasvirtanen · x · 2026-10-30
Four major moves from a16z portfolio companies within 48 hours:
- Wabi: Eugene Kuyda raised $55M at a $1.25B valuation for personal AI & software
- Dream: Arjun Mathur and Andy Elder (Stanford roommates, 10+ years at Palantir) exited stealth with a $17M seed, training AI models that understand the built world
- Formation Bio: Benjamine Liu launched a $600M drug development accelerator fund to acquire and develop more drugs
- Eve: the legal AI company announced 350,000+ plaintiffs served (75% growth since June)
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