According to PANews, venture capital firm Andreessen Horowitz (a16z) has raised $7.2 billion in new funds, and the final total exceeded the company's earlier fundraising target by about 4%. The funds will be allocated to different businesses within the company, including the American Dynamism business, which focuses on startups that promote "national interests", which raised $600 million; the growth business or late-stage startups, which raised $3.75 billion; and the gaming business, which raised $600 million.
It is understood that since artificial intelligence (AI) now plays an important role in almost all startups, AI is not a separate fund. Andreessen Horowitz still plans to raise more funds focused on cryptocurrency and biotechnology in 2025.
