Andreessen Horowitz has raised a massive $15 billion to invest in future-shaping technologies like artificial intelligence and crypto, with a focus on advancing American interests.
Key Takeaways
- Andreessen Horowitz (a16z) has secured $15 billion, its largest fundraising to date, across multiple new venture and growth funds.
- The firm is prioritizing AI, crypto, defense, and health tech, as part of a broader mission to protect and promote US technological leadership.
- Crypto remains a key part of a16z’s strategy, even though its dedicated crypto fund was not replenished in this round.
- A16z says the US must win in tech or risk losing its economic, military, and cultural influence globally.
What Happened?
In a move that bucks broader market trends, Andreessen Horowitz has pulled in $15 billion for a suite of new funds. The firm will use this capital to back technologies it sees as critical to the United States’ future, including artificial intelligence, crypto, defense, health, and infrastructure. A16z co-founder Ben Horowitz framed the raise as a mission to ensure that the US remains the global leader in innovation for the next 100 years.
— a16z (@a16z) January 9, 2026
A Record-Breaking Raise Amid a Tough Market
While many venture firms have struggled in a cooling investment climate, a16z’s massive raise highlights both its influence and its long-term vision. The firm’s $15 billion total represents roughly 18 percent of all venture capital raised in the US in 2025, according to internal estimates, with Forbes noting this sum alone equals more than one-fifth of all venture dollars raised globally last year.
Breakdown of the $15 billion includes:
- $6.75 billion for its Growth fund
- $1.7 billion each for Infrastructure and Apps
- $1.176 billion for its American Dynamism fund
- $700 million for Bio and Health
- $3 billion earmarked for other venture strategies
Despite market contractions, a16z has more than doubled its previous $7.2 billion raise in 2024.
National Security and Technological Leadership
This fundraising effort is about more than financial returns. Ben Horowitz stressed that the firm sees venture capital as a key lever in shaping America’s future. In a blog post and public comments, Horowitz argued that maintaining US dominance in AI and crypto is crucial to national security.
“Our mission is ensuring that America wins the next 100 years of technology,” Horowitz wrote. “That starts with winning the key architectures of the future – AI and crypto.”
He warned that if the US fails to lead in these areas, it risks losing influence economically, militarily, and culturally.
Crypto Still a Priority
Interestingly, the firm’s dedicated crypto fund was not replenished as part of this new raise. However, many crypto companies are still being supported under the Growth fund, which cuts across various sectors. A16z continues to invest in promising blockchain ventures, including a recent $15 million investment in Babylon, a Bitcoin staking and lending protocol.
Horowitz maintained that crypto remains vital to innovation, warning that the US is already falling behind in crypto policy and adoption, similar to how it’s grappling with the global AI race.
Expanding Reach and Global Engagement
While Andreessen Horowitz’s focus remains US-centric, its recent moves suggest a growing international footprint. The firm opened an office in Tokyo and has ties with Saudi Arabia’s Sanabil, part of its sovereign wealth strategy focused on technology. Still, the core emphasis remains on ensuring the United States drives the next era of innovation.
In 2025, a16z was the second most active post-seed investor globally, participating in over 165 startup funding rounds, including big names like Substack, Databricks, and ElevenLabs.
CoinLaw’s Takeaway
I’ve seen a lot of venture stories, but this one feels different. What struck me the most is how clearly a16z has tied its financial ambitions to a national mission. It’s not just about profit, it’s about power, economic, technological, and cultural power. In my experience, when a top-tier VC like a16z plants its flag this firmly, others tend to follow. The size of this raise, in such a tough market, shows that investors still believe in the American tech story, especially when it includes AI and crypto. Even if their crypto fund didn’t get a fresh round, a16z clearly isn’t stepping back from the space.
