VC firm Andreessen Horowitz raises over $15 billion across multiple funds

Venture capital firm Andreessen Horowitz announced today that it has raised more than $15 billion in new capital across its multiple funds.
This accounts for over 18% of all venture capital (VC) allocated in the US last year.

The firm stated its plans to invest in core technology platforms, including artificial intelligence (AI) and cryptocurrency, alongside applications of these technologies in sectors including healthcare, defence, public safety, education, and entertainment.


It revealed that the fundraising spans multiple strategies, such as growth for $6.75 billion, apps for $1.7 billion, infrastructure with around $1.7 billion, American dynamism, raising close to $1.176 billion, and bio and health for $700 million.

A16z noted that the geopolitical context has also caused the firm to change its investment strategy in a bid to invest in emerging technologies that can compete with China.

“There is no other country that comes close to giving everyone a chance to grab that opportunity and build. If America fails to win technologically, it will lose economically, militarily, geopolitically, and culturally,” the firm wrote in its note on Friday.

The VC giant aims to invest in the private sector, aside from supporting the public adoption of emerging technologies to ‘strengthen public institutions and national capabilities.’