a16z raises over $15B, keeps crypto central to America’s tech strategy

Tech-focused venture capital firm Andreessen Horowitz (a16z) said it has raised more than $15 billion to invest in companies and technologies it views as critical to securing America’s long-term future, with crypto remaining a core priority.

In a post on X, co-founder Ben Horowitz said rivals such as China have closed the gap on the US in recent decades, warning that continued innovation is essential to maintain technological, economic, and military leadership. He identified AI and crypto as the “key architectures of the future” that the US must win, stressing that failure on the technology front would lead to broader economic, geopolitical, and cultural decline.

The new capital will be allocated across multiple verticals, including Growth ($6.75 billion), Apps and Infrastructure ($1.7 billion each), American Dynamism ($1.18 billion), Bio and Healthcare ($700 million), plus around $3 billion for other venture strategies. While the a16z Crypto fund did not receive direct allocations in this round, many crypto portfolio companies sit within the Growth fund.

Separately, a16z also invested $15 million in Bitcoin staking and lending protocol Babylon, aiming to support the development of Bitcoin DeFi and make the asset more productive.