Team S on Newnex: A16Z raised a $7.2billion oversubscribed fund…

A16Z raised a $7.2billion oversubscribed fund. Instead of dedicated…

Team S · 2024-04-16T15:28:48.000Z

A16Z raised a $7.2billion oversubscribed fund. Instead of dedicated seed or early-stage funds, it's splitting them in sectors. It raised $1.25 billion for its AI infrastructure allocation (originally targeting 15%), $1 billion for AI apps (also initially targeting 15%), and $600 million for its "American Dynamism" strategy (an original target of 10%). https://www.axios.com/2024/04/15/andreessen-horowitz-7-billion-new-funds

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Team S on Newnex: A16Z raised a $7.2billion oversubscribed fund…