According to Bloomberg, one of Silicon Valley's largest venture capital firms, Andreessen Horowitz (a16z), has raised $7.2 billion in new funds, surpassing the company's previous fundraising target by approximately 4%. The funds will be allocated to different business departments within the company. A source familiar with the matter stated that Andreessen Horowitz is still expected to raise more funds by 2025, focusing on cryptocurrency and biotechnology.
Andreessen Horowitz Raises $7.2 Billion, Plans More for 2025
Apr 16, 2024