Scoop: Andreessen Horowitz prepares its next mega-funds

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Scoop: Andreessen Horowitz prepares its next mega-funds
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Overall VC fundraising is down, but a16z is increasing its fund sizes.

Photo Illustration: Eniola Odetunde/Axios. Photos: Kimberly White , Brad Barket /Getty Images

Andreessen Horowitz expects to target around $3.4 billion for its next core early-stage and seed-stage funds, representing a slight increase to its prior efforts, Axios has learned.One twist is that the firm will ask, although not require, limited partners to invest via a new master vehicle that would feed into sub-funds , per a source familiar with the plans.Andreessen Horowitz, which declined comment, plans to raise new growth, crypto and bio vehicles in 2025.

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