POPA Recona16z Expands Its Fifth Growth Fund to $8.5 Billion
a16z Expands Its Fifth Growth Fund to $8.5 Billion Andreessen Horowitz topped up its fifth growth fund to $8.5 billion, adding about $1.75 billion since the vehicle launched in January at $6.75 billion. The expansion came just days after a16z closed a separate $1.1 billion Machine Age fund dedicated to AI hardware, covering semiconductors, networking, storage, data-center infrastructure and robotics. The growth fund is a general late-stage vehicle rather than a crypto-specific one. Across its five vintages, a16z's growth strategy now exceeds $24 billion and backs more than 100 companies thr…
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