16z venture capital firm raises $7.2B for various practices, with plans to raise more for crypto, biotech in 2025.
Andreessen Horowitz (a16z), a prominent venture capital firm, has announced a successful $7.2 billion fundraising round, surpassing its initial target by 4%. The funds will be allocated across various practices within the firm, including American Dynamism ($600m), growth ($3.75bn), and gaming ($600m). The firm also plans to raise additional funds focused on cryptocurrency and biotechnology in 2025.
April 16, 2024
19 Articles