2025 Venture Capital Report

The number of reported venture capital financings decreased by less than 2% from 2023 to 2024, and the decline is likely to be largely erased once all 2024 deals have been reported. Total reported financing proceeds increased 31%, from $163.6 billion in 2023 to $214.3 billion in 2024, the third-highest annual proceeds figure on record, behind only 2021 and 2022. READ MORE

Fundraising in an Era of Change

To note that today’s fundraising climate is changing is a vast understatement. Among the top challenges, traditional venture capital is increasingly concentrated. Mega-funds are snapping up the lead positions on the hottest new offerings, while pushing smaller investors aside. For founders and funders alike, the traditional playbook is an increasingly high barrier for rising innovators to reach, resulting in fewer deals and fewer opportunities to scale. READ MORE

The Art of Trump’s Private Equity Deal

President Trump in a matter of months turned from a private equity critic to champion and much of that has come because of a deal involving AI, sources told JOBs.

Back in February when Trump was threatening to end one of private equity’s big tax loopholes, the treatment of carried interest, leading private equity moguls and their lobbyists told the White House they would rather work out an investment plan to boost US energy dominance – an important goal for the President, insiders with direct knowledge of the situation told me at the time. READ MORE

What Trump's 401(k) executive order could mean for investors

President Donald Trump signed an executive order Thursday that will let Americans invest their 401(k) retirement savings in cryptocurrency, private equity and real estate, marking a major shift in retirement investment options.

The order directed the Securities and Exchange Commission (SEC), Labor Department and Treasury to update their rules to give investors access to these alternative assets. READ MORE

This VC has invested in crypto for a decade. He has 3 pieces of advice for those getting into the market

Jake Brukhman is a computer scientist who worked at Amazon and on Wall Street before founding CoinFund, one of the first venture capital firms dedicated to cryptocurrency investing. He is also the latest guest on Fortune’s new podcast Crypto Playbook (available on Spotify, Apple and YouTube) where Brukhman shared his insights based on a decade of investing—and offered some very practical tips for those coming to this market for the first time. READ MORE

How AI became the ultimate partner for venture capitalists

"AI has impacted all walks of life, and investing is no exception. We see AI transforming all elements of the investment process," declared Rotem Shacham, Director at PSG Equity. This statement encapsulates the profound shift occurring within venture capital firms, as artificial intelligence moves beyond a mere buzzword to become an indispensable tool deeply integrated into the day-to-day work of partners and team members. READ MORE

The venture capital money machine is spinning again

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There’s been much talk about the Silicon Valley venture capital model being broken given the scarcity of successful exits over the past few years. But the standard VC playbook can still sometimes work as written, as shown by the blockbuster flotation of Figma on the New York Stock Exchange last week from which the design software company’s market value surged to more than $60bn on its opening day. The VC playbook goes as follows: READ MORE

Global M&A hits $2.6 trillion peak year-to-date, boosted by AI and quest for growth

Global dealmaking has reached $2.6 trillion, the highest for the first seven months of the year since the 2021 pandemic-era peak, as a quest for growth in corporate boardrooms and the impact of a surge in AI activity has overcome the uncertainty caused by U.S. tariffs.

The number of transactions to August 1 is 16% lower than the same time last year, but their value is 28% higher, according to Dealogic data, boosted by U.S. megadeals valued at more than $10 billion. READ MORE

Startup Funding Stays Flat, But Figma IPO Lights A Spark In The Market

Global venture funding totaled $29.7 billion in July 2025, flat year over year and down month over month from the $43 billion invested in June, Crunchbase data shows.

Despite a month-over-month dip in venture dollars, July offered hopeful signs for startup investors: AI remains a funding juggernaut, and Figma’s stellar IPO performance could be the catalyst needed to unlock the public markets for dozens of high-growth, revenue-generating tech unicorns that have been waiting in the wings. READ MORE

VC industry has become a better career for women over the past 7 years

Women are making strides in the venture capital world, according to a new report published by the nonprofit All Raise and as first reported by The Wall Street Journal. 

All Raise released a report that said 18.6% of the top roles at leading VC firms are held by women, which is double what it was in 2018. The survey also found that many women (a quarter of survey respondents) were promoted last year and that investors were still interested in backing underrepresented founders (75% of investors said they were looking to make such deals).  READ MORE

Access to 401(k)s couldn’t come at a better time for private equity

President Trump is considering whether to encourage retirement funds to invest in private equity, a financial sector that’s hungry for capital after shrinking last year for the first time in decades.

Trump is mulling an executive order that would instruct the Securities and Exchange Commission and Labor Department to guide directors of 401(k) and individual retirement account plans to make investments in private equity funds, The Wall Street Journal reported earlier this month. READ MORE

What VCs really want: The five pillars for building a successful AI startup

As the AI investment landscape reaches greater maturity, investors are observing a decisive "shift from 'hype' to 'discipline'" in evaluation criteria. While AI undoubtedly offers what many describe as a "once-in-a-lifetime opportunity," investors are increasingly demanding evidence of "sustainable growth and proven profitability" rather than accepting promises based purely on technological potential. READ MORE