{"id":234907,"date":"2025-10-23T11:24:13","date_gmt":"2025-10-23T11:24:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/234907\/"},"modified":"2025-10-23T11:24:13","modified_gmt":"2025-10-23T11:24:13","slug":"andreessen-horowitz-lines-up-10bn-for-next-wave-of-tech-bets","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/234907\/","title":{"rendered":"Andreessen Horowitz lines up $10bn for next wave of tech bets"},"content":{"rendered":"

Unlock the Editor\u2019s Digest for free<\/p>\n

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.<\/p>\n

Andreessen Horowitz is aiming to raise about $10bn for new investments, as the Silicon Valley venture capital group seeks to replenish its coffers amid frenzied dealmaking for the top artificial intelligence and defence tech start-ups.<\/p>\n

The California-based firm sought to raise roughly $6bn to invest in more mature companies, marking a near-doubling of its previous \u201cgrowth\u201d fund, said people familiar with the matter.<\/p>\n

It is also targeting $1.5bn for each of its AI applications and AI infrastructure funds and more than $1bn for its \u201cAmerican Dynamism\u201d defence and manufacturing-focused vehicle, two of the people said.<\/p>\n

The combined target of $10bn would be Andreessen\u2019s largest fundraise to date, marking a significant increase for the firm after raising $7.2bn in April last year in its latest haul<\/a>. It would also be a step up from a $9bn raise during the tech boom in early 2022.<\/p>\n

Andreessen\u2019s rapid return to its institutional backers \u2014 known as limited partners \u2014 follows a period of prodigious industry-wide investments<\/a> into AI<\/a> which has led to VCs exhausting their previous funds faster than expected.<\/p>\n

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The firm has participated in a number of major start-up funding rounds since it last raised capital almost 18 months ago, including deals to back OpenAI and Elon Musk\u2019s xAI.<\/p>\n

Those businesses have vast capital requirements, and a large chunk of the new funding is likely to be spent on future rounds for start-ups already in Andreessen\u2019s investment portfolio, said a person with knowledge of the matter. <\/p>\n

Andreessen Horowitz<\/a> did not respond to requests for comment.<\/p>\n

The firm has risen to become one of the world\u2019s top VC investors since it was founded in 2009, with $46bn of committed capital across its various funds. <\/p>\n

Led by Marc Andreessen and Ben Horowitz, the firm has also become increasingly politically influential. The pair donated to President Donald Trump\u2019s re-election campaign, and senior figures from the firm have left to serve in the new administration.<\/p>\n

The firm\u2019s former managing partner Scott Kupor now leads the US Office of Personnel Management, while its former partner Sriram Krishnan is the White House\u2019s senior policy adviser for AI. <\/p>\n

The firm has backed top AI and software start-ups including Databricks, and European leaders Mistral and Black Forest Labs. It also has been a backer of other highly valued tech groups such as cryptocurrency exchange Coinbase and the defence tech group Anduril. <\/p>\n","protected":false},"excerpt":{"rendered":"Unlock the Editor\u2019s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this…\n","protected":false},"author":2,"featured_media":234908,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":{"0":"post-234907","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-au","12":"tag-australia","13":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/234907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=234907"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/234907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/234908"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=234907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=234907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=234907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}