Global VC, PE, and M&A News and Trends

Databricks’ 40% valuation bump looks ‘almost quaint’ next to Anthropic

The data analytics company is now valued at $188 billion, but it’s trailing behind rivals like Anthropic, whose valuation more than doubled in a quarter.

By Michael Bodley

July 17, 2026

Big enough for its own fund-of-funds: Inside one wealth manager’s own vehicle

PE firms are rushing to offload post-IPO shares

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Physical AI’s ultimate goal: Self-learning factory robots

BlueConic assumes, restructures Blueshift PIK term debt following acquisition

Private credit continuation vehicle pricing suggests secondaries bifurcation

European VC funding narrows around a handful of AI bets

Dutch PE fundraising hits six-year high as dealmaking cools

International borrowers propel Nordic high-yield market to record first half, says Pareto

A boutique AI cloud provider is bringing the direct listing back

Csquare’s debut gets lukewarm reception

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Q2 2026 FIRST LOOK DASHBOARDS

Our exclusive data shows a PE dealmaking slowdown in the US and Asia-Pacific, as heightened volatility dampened the industry’s mood in Q2. For VC, global data shows strain as broad liquidity remains a challenge. See all the details in our newly released Global VC First Look Dashboard and Global PE First Look Dashboard. PitchBook clients can access the complete, extensive data packs via the Research Center in the PitchBook Platform.

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LATEST RESEARCH

France Market Snapshot

Diminishing Returns to Scale

Climate Tech in Emerging Markets: Finding Opportunity Beyond China and the Developed World

Global Distressed Credit Weekly Wrap

PitchBook Private Capital Indexes

US High-Yield Bond Weekly Wrap

US Credit Markets Weekly Wrap

2026 MIDYEAR UPDATES

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LATE-STAGE COMPANY RESEARCH

The First Public Price for Frontier AI

SpaceX’s latest valuation sets a market benchmark for frontier AI. We derive what it implies for the two pure-play AI labs now in IPO registration and map the key catalysts.

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SpaceX Update: What the IPO Reveals and What to Watch For Next

This analyst note concludes the SpaceX private-company series by evaluating the post-IPO valuation, introducing a management credibility ledger, and outlining key catalysts for the stock’s first 18 months.

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Global Unicorn Tracker

The Q1 2026 Global Unicorn Tracker provides a comprehensive analysis of VC-backed companies valued at $1 billion or more, covering deal activity, valuations, exits, and the PitchBook Business Quality framework and offering perspective on the biggest trends shaping the unicorn landscape.

TRENDSPOTTING

The desmoothed nowcast stands at 3.2%. Uncertain market conditions weigh down this estimate, but improving business confidence and leading indicators are mitigating factors, keeping model-implied returns balanced for the quarter.

See more: Q1 2026 Private Capital Return Barometers

DASHBOARDS & TOOLS