Andreessen Horowitz's Bio and Crypto arms represent specialized pockets of deep tech within the world's largest or second-largest VC firm ($90B-plus total AUM). Bio Fund IV ($1.5B, 2022) brings total bio AUM to $3B-plus, with a $700M Bio + Health raise in 2025. Crypto Fund IV ($4.5B, 2022) is the largest crypto VC fund ever raised.
The Bio arm, founded in 2015 by Stanford CS professor Vijay Pande...
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