Andreessen Horowitz (a16z), known in the US for its investments in crypto, artificial intelligence, gaming, early and late-stage startups, has raised $7.2 billion in funding. The company also made an announcement on the news.
While Bloomberg detailed the news, it did not go unnoticed that the investment came at a time when the US was implementing a tight monetary policy and the investment industry was almost dying.
Ben Horowitz, one of the founders of the company, commented that “This marks an important milestone for us” for the investment, and stated that the figure exceeded the company’s expectations by 4%.
The blog post also stated that the funds will be divided into various industries and divided into investments. These categories include the American Dynamism fund ($600 million), which invests in companies that benefit the national interests of the United States, growth or early-stage startups ($3.75 billion) and the gaming industry ($600 million).
The fact that artificial intelligence was not included in the categories was attributed to the fact that almost many new-era startups already have activities in this field. Therefore, artificial intelligence was not seen as a different category.
Crypto and bio-technology will be two of the most important categories
A source who spoke to Bloomberg and requested anonymity said that crypto and bio-technology will be two of the most important categories in the company’s 2025 investment strategy.
a16z has large investments in many crypto projects, from the metaverse to gaming. During the major price drops in 2022, the company also created a significant number of funds for crypto investments and managed to receive investments for these funds.