On January 9th, a16z announced the completion of a funding round exceeding $15 billion. The funds include: American Dynamism Fund ($1.176 billion), Apps Fund ($1.7 billion), Bio + Health Fund ($700 million), Infrastructure Fund ($1.7 billion), Growth Fund ($6.75 billion), and other venture capital strategy funds ($3 billion). The announcement stated that its mission is to ensure the United States wins in technological competition over the next 100 years, with a focus on key areas such as AI and crypto. Additionally, it will promote the application of related technologies in fields such as biology, health, defense, public safety, education, and entertainment.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
a16z announces completion of $15 billion fundraising, will focus on investing in AI and the crypto space
On January 9th, a16z announced the completion of a funding round exceeding $15 billion. The funds include: American Dynamism Fund ($1.176 billion), Apps Fund ($1.7 billion), Bio + Health Fund ($700 million), Infrastructure Fund ($1.7 billion), Growth Fund ($6.75 billion), and other venture capital strategy funds ($3 billion). The announcement stated that its mission is to ensure the United States wins in technological competition over the next 100 years, with a focus on key areas such as AI and crypto. Additionally, it will promote the application of related technologies in fields such as biology, health, defense, public safety, education, and entertainment.