Web3 Venture Capital a16z is rumored to raise another $6.9 billion! Establish AI artificial intelligence and game fund

According to a report by Fortune today, a16z (Andreessen Horowitz), the world’s largest Web3 venture capital fund, plans to raise another US$6.9 billion to establish a series of new funds. This move comes against the backdrop of the global investment market’s frenzied pursuit of artificial intelligence.

According to people familiar with the matter, half of the funds will be used to establish a16z’s fourth-tier growth fund, which specializes in investing in technology companies that have completed the start-up stage and are seeking further expansion and scale growth.

The other half will be used to establish multiple new funds, including:

• Two funds focusing on AI artificial intelligence

• A Game Fund

• The Fund to Support U.S. Innovation Sectors aims to invest in companies that are working to solve pressing national problems, such as aerospace, defense and manufacturing.

It is worth noting that people familiar with the matter also said that a16z founder Andreessen Horowitz said that it will raise more cash for its cryptocurrency and biological funds next year.

a16z Investment Portfolio Section

It is understood that a16z’s early investment in crypto industry projects mostly focused on infrastructure construction. In recent years, it has turned its focus to areas such as DeFi and NFT.

According to the statistical data compiled by the RootData website to the end of last year, calculated in terms of the number of investment projects:

• a16z’s most important investment is still in the field of infrastructure construction, covering up to 41 Projects

• ranked second in the gaming field, with 19 investment projects

• , followed by DeFi, NFT, and social and entertainment games They are equally famous, each with 15 investment projects

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