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:

Superorganism, launched in 2023, closed its inaugural fund with $25.9 million from investors including the Cisco Foundation and Andreessen Horowitz partner Jeff Jordan. The firm will write $250,000‑$500,000 checks for pre‑seed and seed‑stage biodiversity startups and donate 10 % of profits to future conservation. Its portfolio spans extinction‑prevention tech, climate‑biodiversity crossover solutions, and conservation tools, exemplified by Spoor’s AI that tracks bird movements to protect wind farms. The fund targets a 35‑company portfolio, aiming for sector‑wide diversification.

RxAnte, a Portland, Maine‑based analytics and software provider for pharmacy care management, secured a strategic growth investment led by Primus Capital with continued backing from UPMC Enterprises. The undisclosed amount will be used to scale its value‑based pharmacy solutions and...

Bricks.sh, a Milan‑based AI‑native internal‑tool builder, announced a €1.6 million pre‑seed round. The financing was led by Primo Capital with participation from Octopus First Cheque Fund, Eden Ventures, Vesper Holding, Vento, and several angel investors. The capital will be used to...

Aspen Power, a New York‑based distributed generation platform, secured a $200 million strategic capital commitment from Deutsche Bank. The funding will expand its nationwide development, vendor engagement, and project deployment capabilities. Led by CEO Jorge Vargas and CFO Bill DeLong, the firm...

There are 7 days until Founder Friends Seoul. @ericbahn will be chatting with Ethan Cho and you know is gonna be a great chat when two super unhinged, honest, and hilarious humans hang. If you're in Seoul and free Jan 20, save...

OutSee, a Cambridge‑based AI genomics startup, closed a £2.5 million seed round led by Ahren Innovation Capital, with participation from Kadmos Capital, Panacea, Empirical Ventures and 26 angel investors. The funding will accelerate experimental validation of therapeutic targets, expand an internal...

Accelsius, an Austin‑based provider of two‑phase direct‑to‑chip liquid cooling for AI and high‑performance computing, closed a $65 million Series B round. The financing was led by Johnson Controls with a strategic investment from Legrand. The capital will fund rapid expansion of Accelsius’s...
In this episode, Andreas Munk Holm talks with Oskar Hartmann, a serial founder turned super‑angel, about his "beast mode" approach, burnout lessons, and the importance of product‑soul fit. Hartmann explains the new Accumulator model—a share‑pooling mechanism that gives founders and...
Hot take: 90% of "AI features" shipping in B2B right now are terrible. The companies winning are doing something completely different. Come to SaaStr AI 2026 May 12-14 and learn what actually works from founders with the receipts. https://t.co/Ff7DKVt1H2
What are the basic milestones of a process (M&A or capital raise)? 1. Pre-marketing Complete the marketing materials (information packet and buyer list) and get your house in order. 2. Marketing Reach out to buyers, execute NDAs, and share marketing...
EpiBiologics announced the close of a $107 million Series B round, co‑led by GV and Johnson & Johnson Innovation‑JJDC. The financing also attracted Novartis Venture Fund, Aulis Capital, Avego BioScience Capital, Samsara BioCapital and a slate of existing backers. The capital will...

Two upcoming events worth checking out for anyone building or investing: 🤝🇰🇷 Founder Friends Seoul - January 20, 2026 A space to connect and learn from each other. No pitches, no pressure. ⛺️ Camp Hustle 2026 - May 11-13, 2026 An oasis...
Cast AI, a Miami‑based leader in application performance automation, announced a strategic investment to accelerate its growth trajectory. The funding, sourced from a prominent venture capital firm, will be used to expand the platform’s AI‑driven automation capabilities and broaden its...
Synchrony Medical, a respiratory‑care technology firm, announced a $1 million investment from the New Jersey Innovation Evergreen Fund, matching a prior Edge Medical Ventures contribution. The capital will accelerate U.S. commercial operations for its FDA‑cleared LibAirty airway clearance system, fund ongoing...
Neuramint, a Denver‑based AI agent platform for autonomous Web3 workflows, closed a $5 million seed round. The funding came from a consortium of Web3‑ and AI‑focused investors, including Maelstrom, Borderless Capital, Selini Capital, Symbolic Capital, Lattice Fund and Node Capital. The...
MagicCube, a software‑based security firm, announced a $10 million financing round. The round features new strategic participation from payment giant Verifone alongside existing backers Bold Capital, Mosaik Partners and ID Tech. Capital will be used to broaden the company’s portfolio beyond tap‑to‑phone...
VieCure, a Colorado‑based provider of intelligent oncology software, announced a $43 million financing round. The capital infusion, led by XYZ Ventures with participation from strategic healthcare investors, will fund product development and market expansion. VieCure plans to enhance its AI‑driven treatment...
SOUTH SAN FRANCISCO, CA, Soley Therapeutics announced a $200 million Series C financing.
Nanochon, a Washington, D.C.-based orthopedic device startup, announced the close of a $4.1 million Seed Prime II funding round. The round was oversubscribed and brings the company’s total capital raised to $11.3 million. Nanochon is developing an implant aimed at repairing articular cartilage...
Accelsius, an Austin‑based provider of two‑phase, direct‑to‑chip liquid cooling for AI and high‑performance computing, closed a $65 million Series B round. The financing was led by Johnson Controls, with strategic participation from Legrand. The capital will fund product scaling, manufacturing capacity, and...
Yes, VCs often have a “liquidation preference” But there is also a “founder preference”. It’s called retention payments, which can often be eight figures on top of any return from common. And are often structured in a way to...
Old rules: Around Year 5, the Competition Catches You in Whatever Made You Special Around Year 10, you have an Existential Threat. The tech world has changed so much, what you started with is sort of irrelevant. Today, with AI, often happens...

Terra Industries, a Nigerian defense startup founded by Gen‑Z entrepreneurs, raised $11.75 million in a Series A led by 8VC to build autonomous, multi‑domain security systems across Africa. The company aims to become the continent’s first pan‑African defense prime, offering drones, surveillance...

YC partner Pete Koomen (@koomen) is visiting KTH this month for an off-the-record talk with @HenrikTaro, KTH alum and CEO of Vesence. They’ll talk about startups, Stockholm, and how the AI boom is unfolding in Silicon Valley. Learn more at https://t.co/ymSLsFFmTw https://t.co/XEP0YL8QKO
Rules are the enemy of great returns -- but this is a very good heuristic for VC 👇 1⃣Founders with high agency 2⃣Encyclopedic about their industry 3⃣Who can materialize labor, capital & customers 4⃣Have "Count of Monte Cristo" motivation. Great pod by my...
In this episode Dan Bowyer, Mads Jensen, and Lomax Ward dissect a range of power shifts across European tech, from OpenAI’s health‑focused ChatGPT and the FDA’s fast‑track AI medical device approvals to Meta’s acquisition of AI‑agent platform Manus and Nvidia’s...
" Everyone has domain knowledge in their head that is not monetized yet." @amasad of @Replit on the explosion of niche, decentralized entrepreneurs: https://t.co/Fd5FhtZSOG
Juniper returned $7b+ to Kleiner's ~$500m fund ... I think it was 2500X but often ignored. Only player doing TCP/IP for the public internet in 1996 when every telco customer wanted ATM. If Juniper had not started the internet likely...

In this episode, Luke Harries, Head of Growth at ElevenLabs, breaks down the company’s $6.6 billion growth engine, detailing how a horizontal product strategy and sharded growth teams drive massive scale. He shares a 7‑part launch playbook that routinely generates 700K+...
In retrospect, Sun as the beginning of a different kind of startup, the SCRAPPY but ambitious startup, from 20’s year olds without credibility or big connections. We beat the establishment startups like Apollo that had martini’s for lunch, had raised...
My take on California’s “One-Time” Billionaire Tax. It’s much worse than it looks. 📉 Will it pass? Yes, likely. It only needs 50%+1 voter approval. SEIU + CTA have done this before—Prop 55 won 63% in 2016. ⚖️ Will it...
After two decades of thriving on open APIs, major software platforms are erecting barriers. Salesforce limited Slack’s API calls, Datadog disabled a rival observability startup, and Epic faces a lawsuit over restricting patient‑record access. The acceleration of AI‑driven development enables...

Plugins + SaaS print money. Live on @acquiredotcom: All-in-one website design plugin for Squarespace freelancers and agencies. Faster builds, no custom code, sticky subscriptions. > $340K TTM revenue > $223K TTM profit > 39% YoY growth Full listing: https://t.co/Y8gnOYsd82 https://t.co/kiUkoUUPCu

Salesforce, Datadog & Epic are building walls. After two decades of flourishing through open APIs & data portability, the software industry's largest incumbents are locking down. https://t.co/7n6Tio3aJK
Major Medical Devices announced a strategic funding partnership with TCA Venture Group to accelerate its abdominal aortic aneurysm (AAA) repair device. The company positions the device as highly differentiated and potentially quick to market within a $3 billion AAA market. The...
Build your startup like you’re going to run it forever but prepare it so you could sell it tomorrow. > Organized books > Standardized operations > Product that works without you That’s how you create real leverage with buyers.
Everyone’s focused on Brin and Page fleeing California. But there’s a ticking time bomb buried in the billionaire tax: Mark Zuckerberg may be facing a $49 Billion tax bill he literally cannot pay. 🧵 The California billionaire tax has a provision that...
Orca Bio, a late‑stage biotech focused on high‑precision cell therapies, closed a $250 million Series F round in December 2025, led by Lightspeed Venture Partners. The financing includes an amendment to its Silicon Valley Bank credit facility that adds up to $100 million of...
The one hire I don't need, and none of my portfolio cos need, is a "Strategist" I know at certain stage in many folks' career, that's what they want to do Advise on strategy more than do work themselves No criticism But most startups...
Larry and Sergey can’t stay in California since the wealth tax as written would confiscate 50% of their Alphabet shares. Each own ~3% of Alphabet's stock, worth about $120 billion each at today's ~$4 trillion market cap. But because their...
65 days ago this founder didn’t know if their SaaS was sellable. > Bootstrapped > 3 serious offers > Structured advisory process Yesterday they closed for $480,000 on @acquiredotcom. https://t.co/IHlzfr48zL
Grateful for a16z’s support which started nearly 12 years ago when they led Product Hunt’s Series A. Congrats on the fresh $12B, team. :)
It’s true that we divested both Groq and xAI. I wouldn’t have mentioned this except for the fact that the MSM continually lies about this, claiming I took a government role to make money when in fact the opposite is...
I did office hours with a startup yesterday that I ended up advising to (a) decrease their growth rate and (b) spend the money they've raised faster by hiring more people and paying them high salaries. Possibly the first time...
When you're going to sell your business or raise capital, what should you expect from management presentations? Generally, you should expect those meetings to be friendly. Buyers will be asking questions, but they're also trying to sell themselves. The main...
Are you a company looking to raise their Series B? I spoke to the king of the category, Jason Kong from Base10 Partners . Every day he wakes up and works with founders in this zone, which straddles traditional venture...
📣 Best opportunity out there to work with my dear friend and the OG Josh Kopelman at First Round Capital . Reach out if you fit the bill to the link below not me.
During last month’s NeurIPS 2025 conference, YC’s @agupta sat down with @krandiash, founder and CEO of Cartesia, to explain why today’s AI architectures may be fundamentally limited. They discuss how transformers act more like retrieval systems than learning systems, where new...
With its latest fundraise, a16z could give $1 million to every American and still have $10 billion left over.
1/ Personio's CRO Phil Lecor built an AI-powered GTM in 6 months. From nothing to all-in in 180 days. $8.5B company. 400 salespeople. 15,000 customers. Here's what actually worked (and the mistakes to avoid): 🧵 https://t.co/qhDbuFmAxS