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Andreessen Horowitz, a prominent Silicon Valley venture capital firm, has successfully raised $7.2 billion in new funding. The funds will be allocated across various sectors within the company, including startups focusing on the national interest, growth and later-stage startups, gaming, and more. The firm is also expected to raise additional funds in 2025, with a particular focus on cryptocurrency and biotechnology.
ICYMI: A16z raises second gaming fund at $600M as part of $7.2B funding https://t.co/rgu6fJXijN via @GamesBeat
A16z Raises Second Gaming Fund At $600M As Part Of $7.2B Funding https://t.co/jfYJPOUuq9 https://t.co/j3JdGX533j
Yesterday our team announced that we raised $600M for GAMES FUND TWO as part of a16z's overall $7.2B fundraise. However! We invest in the broader ecosystem of games x tech from our fund: AI, AR/VR, web3, infra and tools, etc. In particular, games x consumer 🧵 https://t.co/hPPFx1gCTg