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Andreessen Horowitz Raises $7.2 Billion, a Sign That Tech Startup Market May Be Bouncing Back
Tuesday, April 16, 2024
Vancouver, BC, April 16, 2024--Andreessen Horowitz said Tuesday that it raised $7.2 billion across five different funds, investments, a sign of optimism in the tech startup world, which has seen a dearth of significant exits over the past two years.
The biggest chunk of new funding is in Andreessen Horowitz's growth fund, which reeled in $3.75 billion. That money gets invested in later-stage companies that are viewed as closer to going public, or capital-intensive businesses that require big checks.
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