
a16z CSX (Crypto Startup Accelerator)
a16z crypto's in-person accelerator for early-stage web3 startups (last cohort: CSX 04, 2025).

a16z crypto's in-person accelerator for early-stage web3 startups (last cohort: CSX 04, 2025).
a16z CSX (Crypto Startup Accelerator) is a16z crypto's intensive, in-person program for early-stage startups building with blockchain technologies. It connects founders with capital, a16z crypto's investing and operating teams, industry experts and a cohort of other web3 teams, and a16z crypto invests a minimum of $500,000 in each accepted company.
It started in February 2020 as Crypto Startup School, a seven-week program whose 40 founders went on to build companies such as Phantom, Flashbots, Goldfinch and Notional Finance; a16z says that cohort raised over $300M and its lectures were viewed over 1M times. In October 2022 a16z crypto relaunched it as a full accelerator, and it was later renamed CSX. In 2024 it ran twice for the first time: Spring 2024 in London (25 startups, 10 weeks) and Fall 2024 in New York City (21 startups, 8 weeks). The fourth accelerator cohort, CSX 04, ran in San Francisco from April to June 2025 and ended with a Demo Day.
Each week focuses on a pillar of company building, such as research and engineering, marketing and social, go-to-market and people, through workshops and one-on-one sessions. No cohort has been announced since CSX 04, and the CSX page now shows no application; a16z's early-stage accelerator activity runs through a16z speedrun.
CSX backs early-stage teams building across the crypto stack, including infrastructure, DeFi, consumer apps, payments, games, developer tools, DePIN and AI x crypto, with founders from around the world.
Applicants should have a clear web3 product vision and be prepared to commit to the in-person program. Technical founders are preferred, and startups across various crypto verticals are encouraged to apply.
Early-stage startups building with blockchain technologies, from any country. Founders had to attend the in-person program in the host city (London, New York City or San Francisco in recent cohorts). Cohorts spanned infrastructure, DeFi, consumer apps, payments, games, dev tools, DePIN and AI.
Past cohorts used an online application with a fixed deadline (for example, February 7, 2025 for CSX 04 and March 29, 2024 for Fall 2024). a16z crypto described the field as very competitive, with applications from across the world. No application is open now.
The 2020 Crypto Startup School cohort produced Phantom, Flashbots, Goldfinch, Notional Finance, Teller, Afriex and FanCraze, and a16z says those founders raised over $300M. Later cohorts include Neynar, MagicBlock, Sablier, NEBRA Labs and OpenTrade (Spring 2024), Anera Labs and Blocksense (Fall 2024), and Ambient, Cambrian, Inco Network, Miden and ZAR (CSX 04).
Who can apply, how people get in and whether it is open right now.
Programs pick people whose work they can already point to. Put yours where it can be found.
The program has not published how to apply. Terms and dates change. Check the official page before you act.
a16z crypto invests a minimum of $500,000 in each accepted company. The published standard terms for the 2024 cohorts were $500,000 for 7% equity plus other standard rights.
a16z crypto's Crypto Startup Accelerator: an intensive, in-person program for early-stage startups building with blockchain technologies, with a minimum $500,000 investment in each accepted company. It began in 2020 as Crypto Startup School.
No application is open. The last cohort, CSX 04, ran in San Francisco from April to June 2025, and the CSX page shows no application link or new cohort. For early-stage investment from a16z today, speedrun is the open program.
a16z crypto invested a minimum of $500,000 in each company. For the 2024 cohorts the standard terms were $500,000 for 7% equity plus other standard rights.
Recent cohorts were 8 to 10 weeks in person: London (Spring 2024, 25 startups), New York City (Fall 2024, 21 startups) and San Francisco (CSX 04, April to June 2025).
Product-market fit, business models, web3 infrastructure, decentralization and tokenization, go-to-market, brand, hiring, pitching and fundraising, and legal and regulatory issues, through workshops and one-on-one sessions with a16z crypto specialists.
The 2020 Crypto Startup School cohort included founders of Phantom, Flashbots, Goldfinch, Notional Finance, Teller, Afriex and FanCraze. Later CSX companies include Neynar, MagicBlock, Sablier, Blocksense, Miden, Inco Network and Cambrian.
Early-stage crypto and web3 founders from anywhere in the world, who had to join the program in person in the host city.
Yes. CSX cohorts ended with a Demo Day where each company pitched to investors, thought leaders and executives from top crypto companies.

Venture Capital
Investing in the future of crypto and web3.
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On October 2, 2026, the old CSX application URL redirected to the a16z crypto homepage.
Source: Application endpoint inspectionThe Block reported CSX and Road Capital as co-leads of Cork's $5.5 million seed round in January 2026.
Source: a16z CSX and Road Capital lead Cork’s $5.5 million seed round to make RWA risk tradableThe Block reported in June 2026 that CSX led Cambrian's $5.9 million pre-seed round the prior year.
Source: a16z CSX-backed Cambrian raises $6 million seed to build blockchain data oracle networka16z crypto named Cambrian as a CSX 04 participant in March 2025.
Source: Announcing the CSX 04 Cohort in San Francisco (Mar 31, 2025)The Block reported CSX 04 participant Cambrian's $6 million seed round in June 2026.
Source: a16z CSX-backed Cambrian raises $6 million seed to build blockchain data oracle networkWIRED described the earlier course's evolution into CSX in July 2024.
Source: Inside a16z’s Boot Camp for Crypto StartupsSuperscout Pro
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