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:

CesiumAstro announced a $470 million financing package on Feb. 2, comprising $270 million in equity and $200 million in debt. The round was led by Trousdale Ventures and included investors such as Toyota’s Woven Capital, Airbus Ventures, and the U.S. Export‑Import Bank. The capital will fund a 25,000‑square‑meter headquarters and manufacturing hub in Bee Cave, Texas, and enable full‑rate production of its software‑defined phased‑array communications components and the Element satellite. The company aims to scale for both commercial LEO constellations and defense missions.

The FTC is signaling a shift toward treating both traditional acquihires and reverse‑acquihires as subject to the same antitrust standards that govern full mergers. Reverse‑acquihires—where a firm takes a minority stake or no money but hires key talent—have historically avoided...

In this episode, Oren Zeev discusses why many venture investments look wrong initially, the overhyped AI boom, and the dangers of chasing hyper‑growth. He predicts a major shakeout with roughly half of VC funds failing, explains his radical alignment model...

Barcelona‑based health AI firm Biorce closed a $52 million Series A round, led by DST Global Partners and supported by existing backers Norrsken VC, YZR Capital and Mustard Seed Maze. The financing brings total capital raised above $60 million and will fund the...
Not just talks. At SaaStr AI 2026, we're running 100s of hands-on workshops where you'll build actual AI workflows for your company. Sales. CS. Product. Ops. Leave with something you can deploy Monday. May 12-14. SF Bay. https://t.co/IsMOos9H4H
I just went through my CS Academics list, moved everyone over to other lists, then deleted it. People have no idea how much time it takes to curate great lists. Been working on them for 19 years. While doing that...

Startup founders are increasingly tapping secondary markets to secure personal liquidity without exiting their companies. Platforms such as Forge Global and Nasdaq Private Market streamline direct secondary sales and tender offers, while venture capitalists are more supportive of controlled liquidity...
The author wrote off a $4 million SaaStr Fund investment to zero, while a co‑investor marked the same deal up to $30 million. The divergence stems from the co‑investor’s need to showcase a strong TVPI while fundraising for a new fund, prompting...

“I want to sell for 10x revenue because I heard that’s the average SaaS multiple.” That mindset usually leads to disappointment. Those outsized multiples exist, but they’re rare. They’re not the norm. And anchoring on them can stop you from selling at...

I found a paper that actually quantifies the amount of money that is lost by society because NIMBYism prevents NY, SF Bay Area from building enough housing for their highly productive workers: $8,775 for every worker in America every year....

Venture capital and institutional investors poured $1.4 billion into digital‑asset companies in early 2026, highlighted by Visa‑linked stablecoin issuer Rain’s $250 million raise at a $1.9 billion valuation and BitGo’s $200 million‑plus NYSE IPO. On‑chain finance startups such as Bitway, Everything, Veera and Prometheum...

swing by the @airstreet ai meetup in: - munich 17 feb - zurich 19 feb - paris 11 mar more on: luma(dot)com/airstreet https://t.co/9ZuRL4Kk0A
EBITDA: the most quoted metric in finance… and the least understood. So we decided to make a mini documentary on its origins… yea, seriously. In our new segment, A CFO Explains, producer Ben Hillman and I try to “adjust” our way...

In this episode, Reid Hoffman and Aria Finger interview Amjad Masad, CEO of Replit, about how AI is democratizing software creation by turning natural language into functional code. Masad shares his journey from self‑teaching in Jordan to building a platform...
Not everyone on the team really needs to be on your mission But almost all the first 50 employees do Hire pirates and romantics at least until you are truly ready to scale

In this three‑week webinar series launching on February 16, Denis Kalyshkin—a principal at a U.S. venture capital firm and former aerospace engineer—explains how VC funds operate, covering market analysis, deal terms, due diligence, and financial modeling for startups. He breaks...
Received 400 applications for Easy Residence (@Yzilabs) next season. Every season has about 20 projects, aiming for 4-6 season's per year. I find it easier to invest when the market is less hot. All the hype goes away. Real builders...
Invest Qatar will host the Startup Qatar Pavilion at Web Summit Qatar 2026, highlighting the nation’s fast‑growing entrepreneurial ecosystem. The pavilion will unite key agencies such as QFZ, QFC, MCIT, QDB and Media City Qatar to streamline setup, licensing, funding...

Deepgram announced a $130 million Series C round that lifts its valuation to $1.3 billion, led by AVP and joined by strategic backers such as Twilio, ServiceNow Ventures, SAP and Citi Ventures. The capital will accelerate the expansion of its real‑time voice AI...

Kofi Ampadu, a partner who spearheaded Andreessen Horowitz’s Talent x Opportunity (TxO) fund, announced his departure in June 2026. The TxO program, launched in 2020 to back underserved founders through a donor‑advised fund, was placed on indefinite pause in November 2025 and...
In this interview, ElevenLabs CEO and co‑founder Mati Staniszewski outlines the company’s rapid growth—now at $330 million ARR—and its upcoming funding round that could crown it Europe’s most valuable tech startup. He explains the vision behind ElevenLabs’ “omni” audio AI model, a...

Poetiq Inc., founded by former Google DeepMind researchers, raised $45.8 million in a seed round led by FYRFLY Venture Partners and Surface Ventures. The startup’s meta‑system platform enhances large language models like Gemini and GPT‑5.2, improving output quality while lowering inference...
“It’s not AI that’s your competition. It’s your competitors using AI.” A real-world example from mortgage origination 👇 The frustratingly high cost to originate a mortgage (>$10K!) has persisted for decades. Except for originators on Vesta . Powerful stats from PENNYMAC earnings...

Arlene Dickinson and Amber Mac announced they are no longer advisors to Gander Social just one day before the company’s crowdfunding campaign was set to close. Both posted on LinkedIn, while Gander’s CEO Ben Waldman said neither had finalized an...
Gross margin underscores the scalability of a business model and is therefore important for determining valuation. An unfortunate truth is that in SaaS, gross margin is almost never calculated or positioned correctly for investors/buyers. If you're talking to investors or buyers,...
Emobi, the leading EV charging roaming platform in North America, announced a $3.4 million seed round. The round was led by Florida Funders and included a slate of existing backers such as Y Combinator and Goodwater Capital. The capital will accelerate...

Mito AI, a collaborative platform that brings AI orchestration tools to video professionals, announced a $4.5 million Series A round led by Lightspeed Venture Partners, with participation from Kibo, Kfund, Sequoia, a16z scouts, LifeX and several high‑profile angels. The service lets filmmakers,...
Amazon is reportedly negotiating a multi‑billion‑dollar investment of up to $50 billion in OpenAI, the creator of ChatGPT. The funding round could total $100 billion, potentially valuing OpenAI at $830 billion. Amazon CEO Andy Jassy is leading talks with OpenAI CEO Sam Altman,...

“I’m just going to go out and test the market” is usually a mistake. What works better is preparing properly, listing at a fair valuation, and going to market with the expectation that you’re actually going to close a deal. Selling a...

FinTech Futures takes a look back at five of the top fintech funding stories from January.

Yosemite, the cancer‑research investment firm led by Reed Jobs, is seeking to raise a fund of up to $350 million. The capital target positions the firm among the largest early‑stage biotech funds currently forming. Jobs leverages his Silicon Valley connections and...

Sixfold, a New York‑based InsurTech, closed a $30 million Series B round led by Brewer Lane with strategic participation from Guidewire. The funding will fuel development of its “AI Underwriter,” an autonomous system designed to handle end‑to‑end property and casualty underwriting. Sixfold’s...

European FinTech funding surged to $5.5 bn in Q4 2025, an 87% increase QoQ and the highest‑funded quarter on record. The number of deals stayed flat at 176, but large transactions exploded, with deals over $100 m rising 3.9 times QoQ to $4 bn. Zilch...
San Francisco AI startup Adapt announced a $10 million seed round co‑led by Activant Capital and Headline, positioning itself as the “AI computer” for enterprises. The capital backs a horizontal AI platform that embeds frontier models into any workflow via API...

Quiz, the UK‑based apparel retailer, is pursuing new financing after a disappointing Christmas period. The company, founded in Glasgow in 1993, now runs 40 stores and employs roughly 1,000 staff following a February pre‑pack closure of 23 loss‑making locations. Founders...

PitchBook reports that the UK private‑capital market rebounded strongly in Q4 2025, driven by robust venture capital, private equity, and public‑market activity. Venture funding reached roughly $6.8 bn, highlighted by Revolut’s $3 bn round, the continent’s biggest deal of the year. Private‑equity...
The Atlantic acknowledges the core risk: California could lose not just current billionaires, but the next generation of startups entirely. Austin and Miami are waiting. https://lnkd.in/gdwZ97WW

Larry’s Catch, a Canadian direct‑to‑consumer seafood delivery startup, appeared on CBC’s Dragons’ Den and secured three investor offers during its national television debut. The founders used the platform to showcase a subscription model that sources wild‑caught fish from sustainable family fisheries...
If you happen to want me to invest in you via @saastrfund, and it's a fit ... 📨Just email. Email me everything -- all the good stuff. No need for a warm intro, or any sort of intro. They just waste...

I’ve talked about my CEO friend who raised $100M and got stuck at $50M ARR a lot. But if I could go back to 2019 when he was at $20M, and rockets were still firing, this is exactly what I...
Prenosis, a biology‑based technology company, closed a $20 million Series A financing round. The round was led by PACE Healthcare Capital with co‑investors including UC Investments, Labcorp Venture Fund and state entities. Simultaneously, Prenosis secured a BARDA contract to commercialize Sepsis ImmunoScore®,...
.@iceye_global: No IPO for now, $300M+ in 2025 rev, $3B valuation from latest funding round, wants @defis_eu & @esa to go faster in helping develop European space security network. #EuropeanSpaceConf.https://t.co/DM65XAjdCC
Getting into hot companies before they go public sounds irresistible. But the fine print is brutal: high fees, opaque structures, long lockups, and risks most investors don’t see upfront. Access isn’t the same as advantage. Sometimes the real price of “early” is...
Yozo.ai, a UAE‑based e‑commerce AI startup, secured $1.7 million in pre‑seed funding. The round was co‑led by Access Bridge Ventures and Disruptech Ventures, with participation from Arzan VC and Suhail Ventures. The capital will fund engineering expansion and international market entry...
The most impressive B2B + AI companies I'm seeing right now have 8 people doing the work of 40. That's not a flex—it's the new baseline. SaaStr AI 2026 is where you learn how they're doing it. May 12-14. SF Bay....
My friend Darren Aronofsky texted me this earlier and my draw dropped. He told me it was AI. Lux is deeply invested in AI (esp @runwayml) but had he not told me I would have thought he made the movie...
Arkero announced a $6 million pre‑seed round led by Game Changers Ventures, with participation from high‑profile investors such as Alexis Ohanian and David Tisch. The Seattle‑based startup is building an AI platform that sits atop existing sports‑team tools to automate operations, from match‑day...
Insane data from @Mercury. Anthropic has quickly become the first model of choice for 75% of newly formed startups.

In 2020, Jeffrey Katzenberg raised $1.75 billion for Quibi. At CES, he faced a skeptical crowd and said: "I've been doing this before you all were f*&king born." Eight months after launch, Quibi was dead. Reality doesn't care about your résumé. https://t.co/ZYMpP1jLFX

Cool graphic on how the venture industry has evolved over the past 500 years. h/t @pavelprata https://t.co/2CL76j0nvR