Andreessen Horowitz Closes New $8.5 Billion Growth Fund

VERA Brief

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Venture capital firm Andreessen Horowitz has closed a new growth fund totaling $8.5 billion. This fund will invest in late-stage technology companies, supporting their expansion and scaling.

Key facts

• Andreessen Horowitz has closed a new growth fund named "Growth Fund V".
• The new growth fund totals $8.5 billion.
• This growth fund will invest in late-stage technology companies.
• The firm recently launched a separate $1.1 billion fund for early-stage cryptocurrency investments.
• The capital raised will be used to support scaling technology businesses.