Andreessen Horowitz is aiming to raise $3.4 billion for its early-stage funds

31/10/2023

Prominent Silicon Valley venture capital firm Andreessen Horowitz has announced its plans to raise $3.4 billion for its forthcoming early-stage and seed-stage funds, marking a subtle but noteworthy increase in their fundraising efforts compared to previous endeavors.

The company is introducing an innovative master fund structure that funnels investments into various sub-funds, including their curated specialty domain tools.

Andreessen Horowitz's crypto division, a16z crypto, is one of the most influential entities in the blockchain space. It has a rich history of supporting well-known entities and projects such as Coinbase, Mythical Games, and MakerDAO.

Resource: https://coingape.com/breaking-andreessen-horowitz-sets-sights-on-3-4b-for-early-stage-funds/