Andreessen Horowitz — Activity

New Fund

Closed $2.2B for Crypto Fund V to back startups building DeFi, stablecoins, and crypto applications. CTO Eddy Lazzarin promoted to general partner.

a16z Crypto Fund V - $2.2B

Andreessen Horowitz

coindesk.comMAY 2026

Team Change

Partner Bryan Kim left after 5+ years to start his own AI-focused investment fund. Specialized in consumer tech and AI applications.

Bryan Kim departed to launch AI-focused fund

Andreessen Horowitz

m.economictimes.comAPR 17, 2026

APR 17, 2026

Investment

Participated in Cursor's funding round, reaching $50B valuation as AI-powered code editor.

Cursor

Cursor Andreessen Horowitz

techcrunch.comAPR 2026

APR 2026

Investment

Led $500M Series A round for Mind Robotics, advancing autonomous industrial robotics systems.

Mind Robotics

Mind RoboticsAndreessen Horowitz

techcrunch.comAPR 2026

APR 2026

Investment

Led $75M Series B for Reducto, building document intelligence and data extraction powered by AI.

Reducto

ReductoAndreessen Horowitz

techcrunch.comMAR 2026

MAR 2026

Essay

Partner Olivia Moore published essay on the division of labor between humans and AI systems in the modern economy.

Humans Are for Ideas, AI Is for Execution

Andreessen Horowitz

a16z.comFEB 25, 2026

FEB 25, 2026

Essay

Ben Horowitz published essay on firm's mission, raising $15B, and strategic focus on AI, crypto, and American technology leadership.

Why Are We Here? Why Did We Raise $15B?

Andreessen Horowitz

a16z.comJAN 9, 2026

JAN 9, 2026

Essay

Published infrastructure thesis emphasizing AI stack development from foundation models through developer tools and cloud systems as the next major computing paradigm.

AI Infrastructure: Building the Next Computing Layer

Andreessen Horowitz

a16z.comJAN 2026

JAN 2026

Essay

Published thesis arguing 2026 will see record M&A activity driven by fiscal stimulus, rate cuts, and a capital investment supercycle. Bullish outlook for portfolio exits.

2026: The Biggest Year of M&A in History

Andreessen Horowitz

a16z.comJAN 2026

JAN 2026

Investment

Backed Periodic Labs' $300M funding for AI-powered autonomous scientific research and drug discovery.

Periodic Labs

Periodic LabsAndreessen Horowitz

a16z.comJAN 2026

JAN 2026

New Fund

Closed $15B across six new funds: American Dynamism ($1.176B), Apps ($1.7B), Bio+Health ($700M), Infrastructure ($1.7B), Growth ($6.75B), and other ventures ($3B). Represents 18% of all 2025 U.S. venture capital.

a16z Fund VI - $15B Mega-Fund Raise

Andreessen Horowitz

a16z.comJAN 2026 cnbc.com axios.com

JAN 2026

New Fund

Closed $15B+ in new capital across multiple funds (American Dynamism $1.176B, Apps $1.7B, Infrastructure $1.7B, Bio+Health $700M, Growth $6.75B, other strategies $3B).

Multi-fund raise including American Dynamism, Apps, Infrastructure, Bio+Health, Growth, and other strategies

Andreessen Horowitz

a16z.comJAN 2026

JAN 2026

Exit

Portfolio company Navan went public on NASDAQ at $5.82B market cap, demonstrating strong exit value.

Navan

Navan Andreessen Horowitz

navan.comOCT 2025

OCT 2025

Exit

Portfolio company Figma listed on NYSE at $13.5B market cap, a landmark exit for design software.

Figma

Figma Andreessen Horowitz

figma.comJUN 2025

JUN 2025

Andreessen Horowitz Activity

Closed $2.2B for Crypto Fund V to back startups building DeFi, stablecoins, and crypto applications. CTO Eddy Lazzarin promoted to general partner.

Partner Bryan Kim left after 5+ years to start his own AI-focused investment fund. Specialized in consumer tech and AI applications.

Participated in Cursor's funding round, reaching $50B valuation as AI-powered code editor.

Led $500M Series A round for Mind Robotics, advancing autonomous industrial robotics systems.

Led $75M Series B for Reducto, building document intelligence and data extraction powered by AI.

Partner Olivia Moore published essay on the division of labor between humans and AI systems in the modern economy.

Ben Horowitz published essay on firm's mission, raising $15B, and strategic focus on AI, crypto, and American technology leadership.

Published infrastructure thesis emphasizing AI stack development from foundation models through developer tools and cloud systems as the next major computing paradigm.

Published thesis arguing 2026 will see record M&A activity driven by fiscal stimulus, rate cuts, and a capital investment supercycle. Bullish outlook for portfolio exits.

Backed Periodic Labs' $300M funding for AI-powered autonomous scientific research and drug discovery.

Closed $15B across six new funds: American Dynamism ($1.176B), Apps ($1.7B), Bio+Health ($700M), Infrastructure ($1.7B), Growth ($6.75B), and other ventures ($3B). Represents 18% of all 2025 U.S. venture capital.

Closed $15B+ in new capital across multiple funds (American Dynamism $1.176B, Apps $1.7B, Infrastructure $1.7B, Bio+Health $700M, Growth $6.75B, other strategies $3B).

Portfolio company Navan went public on NASDAQ at $5.82B market cap, demonstrating strong exit value.

Portfolio company Figma listed on NYSE at $13.5B market cap, a landmark exit for design software.