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Andreessen Horowitz Raises $9 Billion for Three New Funds

By Berber Jin
· · Source: The Information

VC firm Andreessen Horowitz raised $9 billion in capital across three new funds, the company announced Friday. The firm said it will invest $1.5 billion in a biotech fund, $5 billion in a growth fund, and $2.5 billion in a venture fund. The new funds further cements Andreessen Horowitz as one of the largest traditional VC firms and adds to its 2021 fundraising haul, when it raised $2.2 billion...

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