Ornn, which plans to launch a marketplace for GPU capacity designed to function like an exchange to trade oil contracts, raised a $33M seed led by a16z (Katherine Doherty/Bloomberg)

<a href="https://www.bloomberg.com/news/articles/2026-06-24/andreessen-horowitz-backs-compute-marketplace-ornn-in-seed-round"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260624/i28.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260624/p28#a260624p28" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Katherine Doherty / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-06-24/andreessen-horowitz-backs-compute-marketplace-ornn-in-seed-round">Ornn, which plans to launch a marketplace for GPU capacity designed to function like an exchange to trade oil contracts, raised a $33M seed led by a16z</a></b></span>&nbsp; &mdash;&nbsp; Ornn raised $33 million in a funding round led by Andreessen Horowitz as the marketplace startup seeks to build a venue where the power &hellip; </p>