Summary
Andreessen Horowitz raised $7.2 billion for various venture strategies, with the largest raise for growth. The firm’s Games venture is interested in Web3 gaming. Crypto was not initially raised but the firm may raise additional funds next year. The firm has been actively investing in the crypto world and leading funding rounds.
Key Points
1. Andreessen Horowitz raised $7.2 billion for five of their “venture strategies” including American Dynamism, Games, Apps, Infrastructure, and Growth.
2. The largest raise was for growth at $3.75 billion, with Games and American Dynamism each raising $600 million.
3. While the specific use of the funds is not clear, the firm’s Games venture has shown interest in Web3 gaming.