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TechFlow reports, citing Axios, that a16z plans to raise approximately $3.4 billion for its next core early-stage and seed fund. The fundraising is set to launch around the end of this year and is expected to be completed in the first half of 2024.
In addition, a16z also plans to raise capital for a new growth fund in 2025, which will focus on investments in cryptocurrency and biotechnology sectors.
According to Axios, a16z plans to raise approximately $3.4 billion for its next core early-stage and seed fund. The fundraising is set to launch around the end of this year and is expected to be completed in the first half of 2024. Additionally, a16z intends to raise capital for a new growth fund in 2025, focusing on investments in cryptocurrency and biotechnology.
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