Tech venture capital titan Andreessen Horowitz raises $7.2B

By Agence France-Presse

Apr 18, 2024 12:09 am

SAN FRANCISCO: Silicon Valley venture capital star Andreessen Horowitz said on Tuesday it had raised $7.2 billion to invest in startups behind games, apps, artificial intelligence and more.

More than half of the money spread across five funds is dedicated to a 'growth' strategy for late-stage startups, possibly bringing new life to a moribund trend of young companies being bought or going public with offerings of stock.

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