Andreessen Horowitz Raises $9 Billion To participate in both Crypto and Technology

Andreessen Horowitz, a leading venture capital firm and prominent investor in cryptocurrency. has raised $9 billion worth of new funding. to continue to participate in the growing industry

Andreessen Horowitz (a16z) is one of the leading venture capital firms investing in all kinds of crypto and technology related projects. which as announced recently The company has raised new money to “Invest through Venture Funds, Growth Funds and Bio Funds”

Of the total, $1.5 billion will go to the Bio fund, $5 billion will go to the Growth Fund and $2.5 billion to the Venture Fund.

Combined with the $2.2 Billion Crypto Fund and the $400 Million Seed Fund Raising in 2021, we will continue to invest every step of the way.

The company’s co-founder Marc Andreessen said last year that Bitcoin was fundamental to technological transformation.

a16z has participated in several fundraising events in the industry. Last October, Axie Infinity raised $150 million in a funding round with a16z leading the investment.

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