Andreessen Horowitz

Defense-tech startup Covenant has emerged from stealth with $250 million in funding, unveiling Anthem, a low-cost, long-range weapon system designed as an alternative to the Tomahawk missile.

Andreessen Horowitz (a16z), one of Silicon Valley's largest venture capital firms, is under investigation by the US Department of Justice. The probe focuses on potential antitrust violations regarding the presence of fund partners on the boards of competing companies.