Andreessen Horowitz, which has a total of $35 billion in assets under management, is looking for investors for its new funds.
According to information provided by Axios, Andreessen Horowitz (a16z) at early and seed levels for investment funds $3.4 billion aims to collect.
Andreessen Horowitz’s fundraising efforts towards the end of the year is expected to start. Company, process in the first half of 2024 hopes to complete.
According to the information in the news, Andreessen Horowitz among the goalsin 2025 New tools in the fields of cryptocurrency and biotechnology There is to improve.
Among the investments made by the company, which mostly focuses on the technology sector, in the field of cryptocurrency so far: Coinbase, Aptos, Avalanche, Dapper Labs, Layer Zero, OpenSea, Worldcoin Names like these come to the fore.
The cryptocurrency fund established by A16z in 2018 recently contributed to the investment tour organized by IYK, one of the NFT startups.