Overview
- The firm allocated $6.75 billion to growth, $1.7 billion each to apps and infrastructure, $700 million to biotech and about $1.176 billion to its American Dynamism vehicle.
- Roughly $3 billion is set aside for “other venture strategies,” which the firm says includes yet-to-launch products and institutional separately managed accounts.
- A16z said the haul represents more than 18% of U.S. venture dollars deployed in 2025 and lifts total assets under management to above $90 billion.
- Co-founder Ben Horowitz cast the effort in geopolitical terms, describing competition with China and saying it is fundamentally important that America wins.
- The fundraising lands during a surge in AI-focused dealmaking and follows prior reports that a16z explored even larger targets, including roughly $20 billion.