Venture capital giant Andreessen Horowitz (a16z) has secured over $15 billion in new capital across multiple funds, solidifying its position as one of the most influential technology investors in the United States. The massive fundraise accounted for more than 18% of all venture capital allocated in the U.S. in 2025.
The capital is distributed across several strategic funds: $1.176 billion for American Dynamism, $1.7 billion for Apps, $700 million for Bio + Health, $1.7 billion for Infrastructure, $6.75 billion for Growth, and roughly $3 billion for other venture strategies.
In a blog post titled "Why Are We Here? Why Did We Raise $15B?" co-founder Ben Horowitz framed the capital influx as more than a financial event. He described it as a reaffirmation of the firm's core philosophy that venture capital exists to "give people a shot"—providing opportunity regardless of background. Horowitz tied this directly to American technological leadership, warning that U.S. dominance is not guaranteed in an era of rapid change.
Crypto received explicit and significant attention as a core strategic battleground. Horowitz identified artificial intelligence and crypto as "the key architectures that will define the next era of innovation." The firm plans to deploy capital aggressively across these technologies. However, he issued a stark warning regarding crypto specifically, pointing to "early signs that unclear regulation and policy missteps could push innovation offshore," thereby weakening America's competitive position on the global stage.
Beyond pure investment, a16z emphasized that policy engagement is essential. Horowitz argued that without supportive regulatory frameworks, even the strongest innovation ecosystems—including crypto—can erode. The firm's stated mission is "ensuring that America wins the next 100 years of technology," starting with winning in AI and crypto, and applying those technologies to critical sectors like defense, healthcare, and education.
