Andreessen Horowitz Raises $15 Billion in Its Largest-Ever Funding

Andreessen Horowitz has raised more than $15 billion — its biggest ever funding haul — with plans to invest in industries including artificial intelligence, defense and biotech.

The fresh capital, more than double what it raised in 2024, brings the firm’s assets under management to over $90 billion, it said Friday. The new funds will sit across several investment vehicles, with nearly half going to its growth fund, which invests in more mature startups, including companies like defense technology company Anduril Industries Inc., coding assistant startup Cursor and software maker Databricks Inc.