Venture capitalist Marc Andreessen speaks astatine the TechCrunch Disrupt league successful San Francisco, Calif. connected Tuesday, Sept. 13, 2016. (Photo By Paul Chinn/The San Francisco Chronicle via Getty Images)
San Francisco Chronicle/hearst Newspapers Via Getty Images | Hearst Newspapers | Getty Images
Venture superior steadfast Andreessen Horowitz has raised $15 cardinal to bolster bets crossed an array of areas including infrastructure, wellness and what the it calls "American Dynamism," co-founder Ben Horowitz said successful a blog post on Friday.
The bulk of the capital, $6.75 billion, volition spell toward a maturation money and 2 $1.7 cardinal funds focused connected apps and infrastructure, respectively.
"At this infinitesimal of profound technological opportunity, it is fundamentally important for humanity that America wins," Horowitz wrote. "There is nary different state that comes adjacent to giving everyone a accidental to drawback that accidental and build. If America fails to triumph technologically, it volition suffer economically, militarily, geopolitically, and culturally. And the full satellite volition suffer arsenic well."
Andreessen Horowitz is dedicating $3 cardinal to enactment different task strategies and astir $1.2 cardinal to money American interests specified arsenic aerospace and defense, the station said. Some $700 cardinal is going toward biotech and wellness investments.
The rise is adjacent to 18% of each task superior dollars allocated successful the U.S. past year, Horowitz added. It's much than doubled the magnitude the steadfast raised successful 2024.
Since its founding successful 2009, Andreessen Horowitz has risen to go 1 of the astir salient task superior firms, known for aboriginal investments successful Facebook, Coinbase and Airbnb.
In caller years, the Silicon Valley-based steadfast has been betting large connected defence tech, with investments successful Palmer Luckey's Anduril, Elon Musk's SpaceX and instrumentality parts shaper Hadrian.
The assemblage has benefitted from President Donald Trump's ambitious plans to reindustrialize America's subject and manufacturing base. This week, the president besides called for a $1.5 trillion defence budget adjacent year.
Both Horowitz and co-founder Marc Andreessen supported President Trump successful the 2024 election, though Horowitz later said helium would beryllium donating to Kamala Harris' statesmanlike campaign.
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