Andreessen Horowitz Nears $7 Billion Funding Raise

Andreessen Horowitz to Raise Nearly $7 Billion Across Multiple Funds

Andreessen Horowitz, one of the most well-known venture capital funds, is on track to raise nearly $7 billion for multiple funds across investment stages with a sector-focus approach, sources told Reuters. The fundraising efforts, anticipated to conclude in early April, have involved reaching out to limited partners (LPs) to secure capital for its fourth growth fund, which will make up half of the total target, insiders revealed. Additionally, capital is being raised for a follow-on fund for gaming, as well as three early-stage funds with different focuses – enterprise infrastructure, application, and American Dynamism, which will invest in defense and manufacturing technology.