Andreessen Horowitz Raises $15B for U.S. Tech Startup Dominance
Andreessen Horowitz disclosed raising over $15B in new funds across multiple strategies, accounting for more than 18% of U.S. venture capital allocated in 2025.
What's the scoop?
- Fund Breakdown: The raise includes American Dynamism at $1.176B, Apps at $1.7B, Bio + Health at $700M, Infrastructure at $1.7B, Growth at $6.75B, and other venture strategies at $3B.
- Policy Push: a16z aims to influence U.S. policies to ensure America maintains dominance in technology amid competition with China.
- Venture Dominance: Founder Ben Horowitz notes that firm raised "18% of all venture capital dollars allocated in the United States in 2025," with the firm now boasting $90B in assets under management.
Bankless Take:
While crypto receives no specific allocation in this raise — with a16z's last dedicated fundraise occurring in 2022 (raising $4.5B) — the firm's crypto arm continues leading major rounds in the space. Recently, those having included Babylon (a BTC lending protocol), Jito (the Solana infrastructure network), Kalshi (the prediction market), and Poseidon (a decentralized data layer for AI training). These are just a few, to be clear. Also, while crypto is absent from this round, we can expect a16z to certainly be focused on it in their policy push.