Andreessen Horowitz has raised more than $15 billion across five new venture funds, marking one of the largest fundraising efforts in the sector amid accelerating adoption of artificial intelligence. The firm said the new capital includes $6.75 billion for a growth fund, $1.7 billion dedicated to AI infrastructure, and $1.12 billion focused on national interest areas such as defense, housing, and supply chains.
The raise comes less than two years after the firm’s previous fundraising and highlights how large, established venture firms continue to attract capital despite a broader slowdown in venture fundraising. Co-founders Marc Andreessen and Ben Horowitz have emphasized the strategic importance of U.S. leadership in AI and advanced technology as global competition intensifies. Andreessen Horowitz now manages more than $90 billion in assets and remains one of Silicon Valley’s most influential backers of technology companies scaling in the AI era.
