A16z Secures $7.2 Billion Funding For AI And Crypto Ventures

A16z Secures $7.2 Billion Funding For AI And Crypto Ventures


Venture capital (VC) giant Andreessen Horowitz (a16z) announced a massive $7.2 billion fundraising on April 16, 2024.

Andreessen Horowitz raised $7.2 billion, co-founder Ben Horowitz disclosed in a new blog post on Tuesday.

Top venture capital firm Andreessen Horowitz popularly called a16z has completed a funding round and realized a total of $7.2 billion in the process. a16z To Focus on American Dynamism and AI Axios stated that the initial target for the fundraiser was $6.9 billion, indicating that a16z successfully surpassed its mark by about 4%.

Andreessen Horowitz (a16z), a Silicon Valley-based venture capital firm co-founded by Marc Andreessen and Ben Horowitz, has closed a mega $7.2 billion in new funds. The VC giant, which is one of the largest backers of crypto projects, beat its targeted $6.9 billion.

a16z new funding completed with $7.2 billion, targeting national interest startups, late-stage ventures, and gaming.

Crypto News & Headlines

Crypto Mixing Service Co-Founders Face Money Laundering Charges, One Released On $1M Bond.


The co-founder of Samourai Wallet, Keonne Rodriguez, has pleaded not guilty to charges related to his crypto mixing service and will be under home inc

Trending on 30th April 2024 01:19 AM

Lazarus Group Targets Crypto Users With Phishing Scams And Laundered $200M Cryptocurrency


The North Korean Lazarus group successfully targeted the crypto industry, using fake LinkedIn profiles to steal $3 billion over 6 years. Their sophist

Trending on 30th April 2024 01:02 AM

Single Bitcoin Miner Wins 3.125 BTC Lottery By Solving Valid Block.


A lone Bitcoin miner recently achieved a rare feat by solo mining block 841,286 and earning the full 3.125 BTC reward, a remarkable accomplishment in

Trending on 30th April 2024 12:40 AM

MicroStrategy Significantly Grows Bitcoin Holdings In Q1 And April


MicroStrategy Inc. fell short of estimates in its Q1 financial results, impacting its stock in extended trading. However, the company's increased accu

Trending on 29th April 2024 10:40 PM

EigenLayer To Airdrop EIGEN Tokens To Stakers With 15% Allocation.


EigenLayer recently announced a stakedrop plan where 15% of Eigen tokens will be distributed gradually, along with a significant allocation of tokens

Trending on 29th April 2024 09:11 PM