A16z has the adventure scouts spread throughout Europe

Although Andresson Horwatz She closed her coding office in LondonVC GIANT has dozens of scouts throughout Europe looking for startups at an early stage, according to reports Ethics. It is said that some scouts work in companies such as Blydars and 11x, which just raised the latter A $ 50 million chain b Leading the company.

Although many scouts are in the A16Z in the United States, European scouts can be found in countries such as Sweden, France, Germany, Estonia, the United Kingdom and Amsterdam. Some of them Includes PPPA LAMBA partner in Sweet Capital and Guillaume Roux-ROMESTAING, which leads a partnership in 11x, according to Siftted.

This scouts tend to do up to eight deals annually and write checks from 10 thousand dollars to 25 thousand dollars, and they told Sifted. There are rules, though. For example, they are not allowed to invest directly in NFTS.

A16z did not immediately respond to a request for comment.