a16z plans to raise about $3.4 billion for a new early-stage fund

ChainCatcher news, according to Axios citing sources, Silicon Valley venture capital firm Andreessen Horowitz (a16z) plans to raise about $3.4 billion for its next core early-stage and seed fund, with fundraising activities expected to kick off around the end of the year, aiming for a final close in the first half of 2024, and plans to raise new growth, cryptocurrency, and biotech investment vehicles in 2025.