News & Analysis

driven by the PitchBook Platform
Venture Capital

Market Map: VCs bet on data infrastructure to keep fueling AI

The AI boom is sparking significant investment in the infrastructure that underpins data centers.

More startups are exiting at a loss than at any point since 2009

70% of exits since 2022 returned less than the amount investors put in.

Up to $100B could be wiped off Europe’s unicorn market value

If valued today, Europe’s unicorn market could be worth significantly less than current estimates.

Khosla partner leaves to launch $50M AI fund

Sandhya Venkatachalam was an investor at Social Capital before joining Khosla Ventures in 2020.

Asaas raises $148M from Bond, SoftBank as VCs reenter Latin America

The enterprise fintech startup’s deal showcases renewed interest from global investors in Latin America.

Ousted Flexport CEO raises $100M for new AI logistics startup

Dave Clark, who joined Flexport from Amazon in 2022, was pressured to resign from the supply chain company less than two years later

PitchBook Private Capital Return Barometers

The PitchBook Private Capital Return Barometers are a suite of models that assess the current return environment for US private market funds.

The Benchmark




2018 Vintage Global VC Funds

Median IRR

15.50%

Top Quartile IRR

26.74%

0.08

Median DPI

Select top performers

Inter-Atlantic Ivy

Collab + Currency

BioStar Ventures III-XF

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Data & Tools

PitchBook VC Dealmaking Indicator

Last year’s shift toward a more investor-friendly environment may have reversed slightly in 2024. Click to see the full data.

Global league tables: Q1 2024

Which venture investors, acquirers, and law firms made the most deals last quarter? Click to see the full data in interactive tables.

PitchBook Indexes

VC- and PE-backed IPO indexes are outpacing their deSPAC and unicorn counterparts in 2024. Click to see the full interactive index.

More VC news

One-fifth of Europe’s private market players are getting cold feet about DEI

A more informal DEI approach is expected to gain popularity among GPs

Meet the 10 most active VC investors in femtech startups

After a period of investor skittishness, the femtech sector is on the mend.
AI

Bezos-backed AI mining startup Kobold Metals nears $527M raise

The climate-tech startup identified a copper mine in Zambia earlier this year.

US VC female founders dashboard

Our interactive dashboard dives into US investment trends for women in VC since the start of 2008, using data sourced from the PitchBook Platform. Users can filter the data to isolate specific trends.

European VC female founders dashboard

Our interactive dashboard dives into European investment trends for female-founded startups since the start of 2008, using data sourced from the PitchBook Platform.

IPO watchlist: The mobility tech startups most likely to go public

Sequoia-backed drone delivery startup Zipline has a 97% likelihood of IPO, according to PitchBook’s VC Exit Predictor.
AI

OpenAI valuation surpasses every VC-backed IPO

The round, one of the largest in VC history, puts OpenAI’s valuation above Meta’s at the social media giant’s IPO

Ali Rowghani, who started Y Combinator’s growth arm, is raising a $250M seed fund

Rowghani joins a flurry of senior partners at established firms who have left to raise seed funds.

VC Map: UK’s VC market falling back to pre-pandemic levels

VC dealmaking in the UK is on track for its lowest annual figures since 2019.