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Leading VC Andreessen Horowitz Raises Another $9 Billion

Summary:
Andreessen Horowitz – a leading venture capital firm and a prominent investor in the cryptocurrency space – has raised a fresh billion to further its involvement in the growing industry. Andreessen Horowitz (a16z) is amongst the leading venture capital companies investing in all sorts of crypto and tech-related projects. According to a recent announcement, the firm has raised a fresh $ billion “to invest via our Venture, Growth, and Bio Funds.” Out of the total number, .5 billion will go to the Bio fund, billion to the Growth Fund, and .5 billion to the Venture fund. … coupled with the .2B Crypto Fund and 0M Seed Fund we raised in 2021, we will continue to invest across the entire spectrum of stages, writing checks as small as ,000 and up to hundreds of

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Andreessen Horowitz – a leading venture capital firm and a prominent investor in the cryptocurrency space – has raised a fresh $9 billion to further its involvement in the growing industry.

  • Andreessen Horowitz (a16z) is amongst the leading venture capital companies investing in all sorts of crypto and tech-related projects.
  • According to a recent announcement, the firm has raised a fresh $ billion “to invest via our Venture, Growth, and Bio Funds.”
  • Out of the total number, $1.5 billion will go to the Bio fund, $5 billion to the Growth Fund, and $2.5 billion to the Venture fund.

… coupled with the $2.2B Crypto Fund and $400M Seed Fund we raised in 2021, we will continue to invest across the entire spectrum of stages, writing checks as small as $25,000 and up to hundreds of millions of dollars. – Reads the announcement.

  • The company has been historically bullish on the advent of cryptocurrencies. Its co-founder, Marc Andreessen, stated last year that Bitcoin is fundamental to the technological transformation.
  • a16z has been involved in multiple fundings in the industry. Last October, Axie Infinity raised $150 million in a funding round led by the VC firm.

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