News
Feb 19, 2026
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Enterprise
Americas
NewDecoded
3 min read
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Andreessen Horowitz
Venture capital powerhouse Andreessen Horowitz announced the successful raising of more than $15 billion in new capital. This massive sum represents approximately 18 percent of all venture capital dollars allocated in the United States during 2025. Co-founder Ben Horowitz revealed the news on January 9, 2026, positioning the firm as a critical leader in the next century of technology. The capital is distributed across several specialized strategies designed to scale high-growth industries. The largest portion, $6.75 billion, is dedicated to the Growth fund for late-stage companies. Other major segments include $1.7 billion for Infrastructure, $1.7 billion for Apps, and $1.176 billion for the American Dynamism strategy. This allocation reflects a heavy emphasis on scaling proven infrastructure over early stage experimentation.
Ben Horowitz framed the raise as a mission to ensure the United States remains the global leader in critical architectures like AI and blockchain. He stated that the fate of new technology in America rests partly on the firm's shoulders. The goal is to apply these advancements to areas that generate human flourishing, including healthcare, defense, and public safety.
The firm emphasizes a philosophy of giving everyone a shot through the American system of meritocracy. This includes modernizing the national industrial base to defend American interests against global competitors. By investing in hard power and defense, a16z intends to bypass traditional government procurement delays.
With this latest raise, the firm’s total assets under management have surpassed $90 billion. This consolidation of capital allows a16z to select and support winners in intensely competitive fields like aerospace and manufacturing. The firm expressed gratitude to its partners for their trust over the past sixteen years.
A Strategic Pivot to National Interests
This move signals a profound transformation in the venture capital landscape, moving away from general software disruption toward private sector industrial policy. By consolidating nearly a fifth of the year's total capital, a16z has positioned itself as a gatekeeper of hard tech and national security innovation. In a market where fundraising has slowed for many, this concentration of wealth allows the firm to dictate the pace of AI development and defense reshoring, effectively bypassing traditional government procurement cycles to accelerate national interests.