NEA and a16z led a $30m Series A in Backflip.

Synopsis

NEA and a16z, venture capital firms, led a $30m Series A in Backflip, a 3D generative AI company, with participation from Kevin Scott, Rich Miner, and Ashish Vaswani. “AI, in combination with a lot of other techniques, would be phenomenal to help engineers and designers to build things that we can’t even imagine right now,” Lila Tretikov, NEA partner.

Principals

target

Backflip Ai

bidder

Andreessen Horowitz (a16z)

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Market Context

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Seller Team (2)

david benhaim

Co-Founder and CTO at BACKFLIP AI

Manager

target

Deal

£ 24 M

Total Value

greg mark

Co-Founder and CEO at BACKFLIP AI

Manager

target

Deal

£ 24 M

Total Value

Bidder Team (2)

ben horowitz

Founder and General Partner at ANDREESSEN HOROWITZ LLC (A16Z)

Investor

bidder

Deals

£ 15.09 B

Total Value

lila tretikov

Partner at NEW ENTERPRISE ASSOCIATES (NEA)

Investor

bidder

Deal

£ 24 M

Total Value

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