PANews reported on April 1 that a16z general partner Andrew Chen disclosed on the X platform that a16z Speedrun has launched a new round of startup applications, with the application deadline being May 11. a16z Speedrun will provide up to $1 million in investments to very early-stage startups, and then work closely with them over the next 90 days and help them promote their products. The next round of projects will be launched from July 28 to October 10, 2025.