A16z raises $7.2B – Blockworks

Andreessen Horowitz raised $7.2 billion, co-founder Ben Horowitz disclosed in a new blog post on Tuesday. 

The funds were raised for five of their “venture strategies” including American Dynamism, Games, Apps, Infrastructure and Growth. The largest raise was for growth, coming in at $3.75 billion. Games and American Dynamism each raised $600 million.

While it’s not clear how the freshly raised funds will be used, the firm’s Games venture has previously expressed interest in Web3 gaming.

Read more: A16z’s crypto ideas list for 2024 spotlights AI, gaming

“Games are also driving innovation across the entire consumer ecosystem, pioneering best-in-class mechanisms for user…

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