Morning Minute: a16z Raises $15B, Targets AI & Crypto

Summary

Andreessen Horowitz (a16z) has raised over $15 billion across several new venture capital funds, marking its largest fundraising to date. The fund allocation includes $6.75B for Growth, $1.7B each for Apps and Infrastructure, $1.176B for American Dynamism, $700M for Bio + Health, and $3B for other strategies. a16z has a strong track record as a major crypto investor, backing projects like Coinbase, Solana, Uniswap, OpenSea, Phantom, Kalshi, and EigenLayer. The firm emphasizes its commitment to shaping the future of American technology and sees this latest fundraising as positioning for the next era of innovation. In crypto, a16z anticipates a “boring” but foundational maturity phase, with growth in stablecoin use, tokenized assets, and more institutional infrastructure. The intersection of crypto and AI is identified as a key area to watch for future investment opportunities.