What's happening: AI fuels record $119.5B venture fundraising despite fewer rounds
Venture capital fundraising jumped 16.9% to $119.5 billion in 2025, the strongest recovery since the 2022 market reset. The total number of rounds fell 41% to 4,859, concentrating capital in larger AI‑focused financings, with AI startups capturing 58% of Series D cash and median valuations rising across all stages.
Also developing:
Duna, an AI-native business identity platform operating from Amsterdam and Berlin, closed a €30 million Series A round. The financing was led by CapitalG with participation from existing backers Index Ventures, Puzzle Ventures and Snowflake chairman Frank Slootman. The new capital lifts Duna’s total funding to over $40 million, following a €10.7 million seed round. The company aims to streamline corporate verification, compliance and fraud‑prevention using generative AI.

Advance, a New York‑based fintech, raised $8.55 million in seed funding to scale its insurance‑focused payment platform. The round was led by nvp Capital with participation from Crystal Ventures, Vesey Ventures, Mensch Capital, and strategic angels such as Assaf Wand. Funds...
Washington‑based SENAI, an online video intelligence platform, closed a $6.2 million seed round led by 10D Ventures, with participation from FS Ventures, 1948 Ventures and investor Jonathan Kolber. The company transforms unstructured online video into geo‑specific, real‑time intelligence to counter security...
Feltsense Holdings announced a $5.1 million seed round led by Draper Associates, with participation from Precursor Ventures, Liquid2 Ventures and several prominent founders. The capital will fund the development of AI agents designed to act as fully autonomous founders—ideating, building,...
Global venture capital funding surged to $55 billion in January 2026, more than doubling the year‑ago level and rising over 50 percent from December. The United States accounted for roughly 70 percent of the capital, with AI‑focused startups receiving 57 percent of all funding....

London‑based legal‑tech firm Lawhive announced a $60 million Series B round, led by Danaher co‑founder Mitch Rales and backed by investors such as GV, Balderton Capital and TQ Ventures. The capital will accelerate Lawhive’s AI‑native platform rollout across the United States, where...

Calgary‑based AgTech startup Brilliant Harvest announced a $4 million USD seed round, led by returning investors Builders VC and AltaML and joined by FTW Ventures, Alpaca VC, Automotive Ventures, SVG Ventures and NYA Ventures. The AI‑driven platform, which parses technical manuals...

Seventeen years after its launch, Bitcoin is increasingly viewed as a viable investment, driven by near‑full supply mining, institutional adoption, and global accessibility. However, its price volatility, regulatory uncertainty, and lack of income generation remain significant drawbacks. Investors must weigh...

In this episode, Eric Yuan recounts his journey from a frustrated employee at a video‑conferencing startup to founding Zoom, detailing the company’s rapid 30‑fold expansion during the COVID‑19 pandemic. He explains how Zoom scaled its technology, culture, and operations to...

Romanian EdTech startup Kinderpedia secured €2.2 million in a growth‑stage round led by Simpact Ventures, part of a €3.5 million target. The AI‑powered platform now serves schools in over 40 countries, reaching more than 500,000 teachers, parents and administrators. Funds will accelerate...

Finnish laser maker Vexlum announced a €10 million financing round to expand its semiconductor laser production. The round includes €6 million equity led by venture firm Kvanted, participation from state‑owned Tesi and the EU‑backed EIC Fund, a €2.4 million EIC Accelerator grant, and...

AI infrastructure specialist Cerebras Systems announced a $1 billion Series H round, valuing the company at roughly $23 billion. The round was led by Tiger Global and featured investors such as Benchmark, Fidelity, AMD and Coatue. Cerebras’ flagship Wafer Scale Engine 3 claims more...
US WealthTech investment contracted sharply in 2025, with total capital falling 56% YoY to $3.6 billion and deal volume dropping 39% to 259 transactions. Despite the slowdown, New York solidified its leadership, accounting for 40% of the top ten deals, while...

In this episode, Morgan Hitzig interviews Navy Chief Technology Officer Justin Fanelli to unpack the findings of the first annual Beyond the Battlefield survey, which examines how to accelerate the transfer of private‑sector technology to the warfighter. Fanelli explains the...

Swedish fintech Fintower announced the close of an oversubscribed €1.5 million seed round, drawing participation from new backers such as Chalmers Ventures, Akka and the Stena family, alongside existing investors like Almi and Inet. The company offers an AI‑driven SaaS platform...

Ghent‑based HR‑tech firm talentguide raised €1.3 million to accelerate its European rollout. The round was led by NXT II, Travvant, Miles Ahead Capital, imec.istart and several founders. talentguide’s AI‑driven SaaS platform converts unstructured HR data into a skills intelligence layer for both...

Octobotics, an AI‑enabled non‑destructive testing robotics startup, raised roughly Rs 10 crore in a seed round led by Navam Capital with BYT Capital joining. The capital will fund accelerated product development, certification, and expansion into Singapore and the Middle East. Founded in...

CHINI KUM, a zero‑sugar beverage startup, secured ₹1 crore in pre‑seed funding from a group of angel investors and founder participation. The capital will fund product innovation, flavor expansion, and nationwide distribution, with a focus on quick‑commerce channels. The brand launched its...

Berlin‑based Qontext announced a $2.7 million pre‑seed round led by HV Capital, backed by AI‑infrastructure veterans. The startup builds an independent context layer that supplies AI systems with up‑to‑date, enterprise‑wide data. Its platform targets fragmented customer, product, and policy information that...
CommerceX Holdings, a Japanese retail‑tech firm, raised ¥17.3 billion in a Series A round that combines equity and debt financing. The capital will fund an aggressive M&A strategy and upgrades to RECORE, its cloud‑based POS system for the reuse industry. Management targets...
Google’s Q4 2025 earnings call highlighted a dramatic AI surge, with Gemini processing over 10 billion tokens per minute—a 52‑fold year‑over‑year rise to an annualized 430 trillion tokens. Serving costs fell 78%, delivering a 4.5× efficiency gain per GPU hour. Cloud revenue...

Duna, a business identity verification startup founded by Stripe alumni, closed a €30 million Series A round led by Alphabet’s CapitalG with participation from current and former Stripe and Adyen executives. The company’s platform aims to create a reusable digital passport for...

Kyle Samani, co‑founder and managing director of Multicoin Capital, announced his departure after nearly a decade at the firm. He will take time off to explore other technology areas while maintaining personal crypto investments. Samani highlighted the upcoming U.S. Clarity...
SaaS isn’t dead, even with the massive sell off this year (and really since July 2025). But … what is dead is the classic pattern and way to scale: - 1, maybe 2 players, take over a space by $10m-$20m ARR - Massive...

Andreessen Horowitz raised $15 billion, earmarking $1.7 billion for its AI infrastructure team. The infra group backs a range of startups—from chip designers to voice‑AI platforms like ElevenLabs and multimodal marketplaces such as Fal. Led by partner Jennifer Li, the team continues a...
If you know AI can already do a part of your job, you should be the one taking advantage of that. Aggressively. If you're waiting for permission, someone else isn't. Here's what happens when you wait. Your competitor figures it out....
Cerebras Systems closed a $1 billion Series H financing round, valuing the company at roughly $23 billion post‑money. The round was led by Tiger Global and included investors such as Benchmark, Fidelity, AMD and Coatue. Proceeds will accelerate production of the Wafer Scale...

Cerebras Systems announced a financing round exceeding $1 billion, lifting its valuation to roughly $23 billion. The round was led by Tiger Global and featured investors such as Benchmark, Fidelity, AMD, and Coatue. The capital infusion follows a newly disclosed multi‑year, $10 billion...
Osmo, a digital scent design startup, closed a $70 million Series B round, bringing its total capital raised to $130 million. The round was led by Two Sigma Ventures and included new backers such as Valor, Atreides, Amplo, Alumni Ventures, Collab Fund, Lumina...
BoldVoice announced a $21 million Series A round led by Matrix, with participation from Flybridge, Xfund, Corazon Capital, Alumni Ventures, Umami Capital and Y Combinator. The AI‑powered voice‑coaching platform has surpassed five million downloads and generated $10 million in annual recurring revenue. Its proprietary speech...
New episode of Uncapped with the full Benchmark partnership. They're arguably the best early stage venture firm of all time and have retained a model and approach that very few others have. I learned a ton, hope you enjoy. https://lnkd.in/gEVbjkxN
ElevenLabs announced a $500 million financing round led by Sequoia Capital, lifting its valuation to $11 billion—more than triple the level a year earlier. The round also brought Sequoia partner Andrew Reed onto the board and saw existing investors such as Andreessen...

The Business Development Bank of Canada (BDC) is preparing a new life‑sciences fund of roughly C$100 million to re‑enter direct medtech investing, launching before April. BDC’s president Isabelle Hudon said the bank withdrew from the sector too early after its 2013...
Apeiron Labs announced the close of a $9.5 million Series A round to fund its real‑time ocean intelligence platform. The financing was co‑led by S2G Investments, RA Capital Management’s Planetary Health Fund, and DYNE Ventures, with participation from Assembly Ventures, TFX Capital...

Brad Feld sat down with veteran entrepreneur Guy Kawasaki for the "Building What Lasts" podcast, exploring trust, mentorship, and long‑term thinking. The conversation quickly delved into personal stories, including Kawasaki’s early dating life and connections with industry figures like Heidi...
EnFi, an AI-native platform that supplies virtual agents for commercial lending, announced a $15 million Series A round, bringing its total capital to $22.5 million. The round was led by FINTOP with participation from Patriot Financial Partners, Commerce Ventures, Unusual Ventures and Boston...

The episode critiques the current venture‑capital approach to SpaceTech and DeepTech, arguing that hype‑driven narratives often replace rigorous engineering and economic analysis. It highlights the “drunkard’s walk” of investment decisions, using orbital data centers as a case study to show...
Kingscrowd has launched the Capital Profitability Fund, a $5 million vehicle aimed at mature private companies that are already profitable. The fund will invest in 25‑30 firms with revenues above $1 million and revenue multiples under 7.5×, targeting exits within three to...
Pear Deck was a fantastic company to work with. Some of the highlights from their transaction include: * A strong enterprise value resulting from high growth * A highly competitive process with multiple buyers * A short exclusivity period with minimal closing risk Thanks...

Any founders using AI sales agents creatively? Would love to connect you with a founder we backed to trade notes. DMs open. https://t.co/oPpD4IzGfC

Paris‑based newcleo announced an $85 million financing round led by existing backers Kairos, Indaco Ventures, Azimut Investments, the CERN pension fund and Walter Tosto, alongside newcomers Danieli & C., Cementir Holding, Orion Valves and NextChem. The capital will fund the construction...
Thought: VC's can bet on different versions of the future. But there is only one version of the present. In other words, VCs will believe any version of the future if they are excited by what's happening right now.
Over 15yrs ago Lux partner @Farshchi and I worked close with Lux family co Silicon Clocks (MEMS resonators on CMOS circuits for timing products) thru their sale to Silicon Labs… Today Silicon Labs got acquired by Texas Instruments for $7.5B

Venture capital investment in crypto startups surged to over $34 billion in 2025, doubling the previous year’s total. Investors shifted toward later‑stage financing, with seed rounds down 18% and Series B funding up 90%. Real‑world asset tokenization emerged as the leading narrative,...

Resolve AI, a San Francisco‑based SRE and engineering startup, closed a $125 million Series A round at a $1 billion valuation, led by Lightspeed Venture Partners with participation from Greylock, Unusual Ventures, Artisanal Ventures and A*. The capital will accelerate product development, expand...

ElevenLabs announced a $500 million Series D round that lifts its valuation to $11 billion, led by Sequoia Capital with Andreessen Horowitz and ICONIQ Capital increasing stakes. The funding backs the company’s push toward $330 million in annual recurring revenue by 2025 and fuels...
Bedrock Robotics announced a $270 million Series B round, valuing the autonomous construction startup at $1.75 billion. The funding, led by CapitalG and Valor Atreides AI Fund, brings total capital raised to over $350 million and will support scaling of fleet‑level autonomy across excavation,...

Midi Health, the pandemic‑born women’s health platform, announced a $100 million financing round that pushes its valuation past the $1 billion unicorn threshold. The capital, led by a consortium of venture firms, will fund the launch of a nationwide urgent‑care network and...

In January 2026 biotech firms secured record capital, with Parabilis Medicines leading private rounds at $305 million and Aktis Oncology topping public offerings at $365.4 million. Private fundraising totaled $2.986 billion across 31 rounds, while public markets raised $1.67 billion from nine offerings. Oncology and...

Venture firm SNAK Venture Partners closed an oversubscribed $50 million debut fund, anchored by the Pritzker Group and other institutional LPs. The Chicago‑based team, led by Sonia Nagar and Adam Koopersmith, will write $1‑$2 million seed checks in up to 20 B2B...