Bloomberg: a16z raises $7.2 billion in new funding, focusing on areas such as cryptocurrency

ChainCatcher news, according to Bloomberg, one of Silicon Valley's largest venture capital firms, Andreessen Horowitz (a16z), has raised $7.2 billion in new funding, exceeding the company's previous fundraising target by about 4%. The funds will be allocated to different business units within the firm.

A source familiar with the matter stated that Andreessen Horowitz is still expected to raise more funds in 2025, focusing on cryptocurrency and biotechnology.