tech

January 9, 2026

Andreessen Horowitz raises $15 billion, as VC firm goes big in infrastructure, defense

Ben Horowitz, the firm's co-founder, said the latest fundraising is equal to 18% of all venture capital dollars allocated in the U.S. in 2025.

Andreessen Horowitz raises $15 billion, as VC firm goes big in infrastructure, defense

TL;DR

  • Andreessen Horowitz raised $15 billion for investments in infrastructure, health, and "American Dynamism."
  • The capital will be distributed across growth funds, app and infrastructure funds, and other venture strategies.
  • A significant portion is dedicated to supporting American interests such as aerospace and defense, as well as biotech and health.
  • The firm emphasizes the critical role of American technological leadership for global success.
  • This fundraising effort is substantial, representing 18% of U.S. venture capital dollars allocated last year.
  • Andreessen Horowitz has a history of early investments in major tech companies and is currently investing in defense tech.
  • The article notes the political leanings of the co-founders, including past support for Donald Trump and a later commitment to Kamala Harris.

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