![a16z writes first check out of UK to crypto startup Pimlico](https://i.comentr.com/opAr-l7v4UGtJfBzT2av4g-Y9tE_tam.jpg)
a16z writes first check out of UK to crypto startup Pimlico
https://techcrunch.com/2023/11/07/a16z-backs-crypto-startup-pimlico-its-first-check-from-london-office/
Upon opening its first overseas office in London last Thursday, a16z announced today that its first check written from the U.K. was for Pimlico.
Based out of London — as one could surmise from its name borrowed from the city’s charming area — Pimlico is building the infrastructure for developers to make more user-friendly decentralized applications or dApps. The seed investment from a16z, which totals $4.2 million, came soon after Pimlico’s founder and CEO Kristof Gazso graduated from the investment firms’ Crypto Startup School.