Andreessen Horowitz is planning to raise roughly $6.5 billion to fuel the global venture-capital firm’s aggressive deal-making pace, according to people familiar with the situation.
The firm is turning to its limited partners to invest in a pair of funds, one focused on early-stage startups and another on growth-stage companies, the people said. That would add to Andreessen’s haul earlier this year of $2.2 billion for its crypto fund and $400 million for a seed fund. Venture firms typically turn to investors such as foundations,...