TLDR:
- Andreessen Horowitz is close to raising nearly $7 billion in new funds.
- The funds will be allocated towards various investment strategies including growth funds, AI infrastructure fund, AI apps fund, “American dynamism” fund, and a gaming fund.
According to a report by Axios, venture capital firm Andreessen Horowitz, also known as A16z, is on the verge of raising close to $7 billion in new funds. The firm is reportedly aiming to raise $6.9 billion for a master feeder fund, with no hard cap on the total amount. Half of this fund would go towards their fourth growth fund, while the remaining amount will be distributed to an artificial intelligence infrastructure fund, an AI apps fund (15%), an “American dynamism” fund (10%), and a second gaming fund (10%).
There has been no official comment from A16z in response to these reports. The funds raised are expected to support various investment strategies and focus areas, highlighting the firm’s commitment to growth and innovation in sectors such as technology and gaming.
