Crypto VC Giant Andreessen Horowitz Raises $15 Billion to Help America ‘Win’ the Tech Race

Leading US venture capital firm Andreessen Horowitz – a major investor in the crypto industry that also goes by a16z – announced on Friday that it has raised more than $15 billion through five separate venture capital funds to propel US technology forward.

The $15 billion represents more than 18% of all venture capital funds raised in the U.S. by 2025, according to firm co-founder Ben Horowitz.

“As America’s leader in venture capital, the fate of new technology in the United States rests in part on our shoulders. Our mission is to ensure that America wins technology over the next 100 years,” Horowitz wrote in a message about the raise.

“That starts with winning the most important architectures of the future: AI and crypto. It continues with applying those technologies to the key areas that generate human flourishing: biology, health, defense, public safety, education and entertainment,” he continued.

The proceeds raised money for investments in American dynamism, apps, biology and health, infrastructure and growth, and “other business strategies.”

While crypto isn’t specifically mentioned in the fundraising announcement, the company’s crypto arm – a16z crypto – has led some of the largest fundraisings in the crypto space in recent years. It maintains investments in a long list of notable projects and brands in the space, including Coinbase, Solana, Uniswap, OpenSea, Phantom, among others.

These investments were included in the past year participating in a $300 million fundraising effort from prediction market Kalshi, a Investment of $70 million in Ethereum, restoring the EigenLayer protocoland a token investment in the Solana DeFi protocol, Jito.

The company’s investments in the crypto space date back to at least 2018, when it launched its first crypto fund with $350 million for investments in industrial companies and protocols. In the years since, the VC giant has raised at least three dedicated crypto funds, raising a total of more than $7 billion.

Andreessen Horowitz’s latest raise more than doubles that amount, underscoring the “fundamental importance to humanity that America wins.”

“No other country comes close to giving everyone the chance to seize that opportunity and build. If America fails to win technologically, it will lose economically, militarily, geopolitically, and culturally. And the whole world will lose, too,” Horowitz wrote.