Andreessen Horowitz raises over $15 billion across new funds

The largest allocation is a $6.75 billion growth fund.

Capvise MediaEvent 9 Jan 2026Published 15 Oct 20261 min read

Andreessen Horowitz's San Francisco office building at night. — Photo: Andreessen Horowitz's office at 180 Townsend Street, photographed in 2024; company context, not a depiction of the funds or fundraising process. Credit: SapphireDreamer; Andreessen Horowitz building at night.jpg; CC0 1.0; cropped/resized and converted to WebP. · CC0 1.0 · Resized for web delivery

Where the money goes

Andreessen Horowitz announced more than $15 billion in new funds on 9 January. Ben Horowitz’s statement allocates $6.75 billion to Growth, $1.7 billion each to Apps and Infrastructure, $1.176 billion to American Dynamism and $700 million to Bio + Health. Another $3 billion covers other venture strategies.

A fundraise is a starting point

These figures describe capital raised by the investment firm, not money already delivered to startups. Horowitz linked the strategy to US technology leadership, naming AI and crypto alongside defence, health and other industries. His claim that the firm accounted for over 18% of US venture dollars allocated in 2025 is the firm’s own calculation. The announcement does not name an investment timetable for each fund.