https://pitchbook.com/tag/venture-debt venture-debt en-US Fri, 24 Apr 2026 19:17:54 GMT https://pitchbook.com/news/articles/late-stage-venture-debt-hits-decade-highs-as-ai-startups-turn-to-lenders-over-equity The median late-stage venture debt deal reached $10.8 million in Q1, as capital-intensive AI companies sidestep pre-IPO equity dilution. Fri, 24 Apr 2026 19:17:54 GMT https://pitchbook.com/news/articles/late-stage-venture-debt-hits-decade-highs-as-ai-startups-turn-to-lenders-over-equity https://pitchbook.com/news/articles/ai-mega-deals-are-driving-european-venture-debt-but-deal-count-is-shrinking Interest rate hikes and cautious LPs could test the market's resilience. Sat, 11 Apr 2026 12:00:00 GMT https://pitchbook.com/news/articles/ai-mega-deals-are-driving-european-venture-debt-but-deal-count-is-shrinking https://pitchbook.com/news/articles/ai-and-a-new-scale-of-startups-took-us-venture-debt-to-a-record 2025 was the second year in a row to see a new high. Mon, 02 Feb 2026 19:26:05 GMT https://pitchbook.com/news/articles/ai-and-a-new-scale-of-startups-took-us-venture-debt-to-a-record https://pitchbook.com/news/articles/the-few-and-the-brave-6-emerging-managers-closed-private-debt-funds-in-h1 Experienced managers raised 94.5% of the total capital gathered in the asset class for the period. Tue, 30 Sep 2025 19:00:00 GMT https://pitchbook.com/news/articles/the-few-and-the-brave-6-emerging-managers-closed-private-debt-funds-in-h1 https://pitchbook.com/news/articles/ai-venture-debt-gpu-chip-backed-loans Lenders see growth and skeptics see risk as billions in venture debt loans are being collateralized against GPUs Wed, 27 Aug 2025 19:08:00 GMT https://pitchbook.com/news/articles/ai-venture-debt-gpu-chip-backed-loans https://pitchbook.com/news/articles/eib-director-sees-gap-in-european-venture-debt-for-tech-savvy-lenders Dealmaking in the market slowed this year after a record 2024 for the continent. Mon, 28 Jul 2025 15:36:00 GMT https://pitchbook.com/news/articles/eib-director-sees-gap-in-european-venture-debt-for-tech-savvy-lenders https://pitchbook.com/news/articles/elon-musks-xai-reportedly-comes-back-to-the-well-for-12-billion-asset-backed-debt The AI startup is seeking the debt financing to secure more Nvidia chips to train AI chatbot Grok. Tue, 22 Jul 2025 21:16:08 GMT https://pitchbook.com/news/articles/elon-musks-xai-reportedly-comes-back-to-the-well-for-12-billion-asset-backed-debt https://pitchbook.com/news/articles/early-stage-startups-a-third-venture-debt-dollars-q2-2025 Earlier-stage startups are increasingly turning to venture debt, according to the latest PitchBook-NVCA Venture Monitor. Thu, 17 Jul 2025 20:26:41 GMT https://pitchbook.com/news/articles/early-stage-startups-a-third-venture-debt-dollars-q2-2025 https://pitchbook.com/news/articles/with-lenders-galore-life-science-companies-find-debt-cheaper Lenders cut spreads and eased covenants for borrowers amid increased competition from other debt providers and pressure to deploy capital. Wed, 02 Jul 2025 23:08:52 GMT https://pitchbook.com/news/articles/with-lenders-galore-life-science-companies-find-debt-cheaper https://pitchbook.com/news/articles/ai-startups-gobbling-more-than-third-venture-debt-dollars-2025 Venture debt activity has soared, setting a record in 2024. Tue, 01 Jul 2025 19:05:15 GMT https://pitchbook.com/news/articles/ai-startups-gobbling-more-than-third-venture-debt-dollars-2025 https://pitchbook.com/news/articles/venture-debt-tariff-volatility-growth-stage-startups-q1-2025 Shut out of the IPO market, more mature companies are turning to venture debt, which has seen record growth recently. Thu, 24 Apr 2025 14:56:04 GMT https://pitchbook.com/news/articles/venture-debt-tariff-volatility-growth-stage-startups-q1-2025 https://pitchbook.com/news/articles/venture-lending-market-evolving-amid-larger-deals-equity-investor-pullback-svb PitchBook LCD spoke to SVB president Marc Cadieux to discuss some of the peculiar elements of this market cycle. Mon, 21 Apr 2025 15:38:49 GMT https://pitchbook.com/news/articles/venture-lending-market-evolving-amid-larger-deals-equity-investor-pullback-svb https://pitchbook.com/news/articles/venture-debt-all-time-high-startups-vc-expectations Venture debt lenders say their business has hit prime time as startups struggle to raise from traditional VCs. Tue, 18 Feb 2025 18:29:04 GMT https://pitchbook.com/news/articles/venture-debt-all-time-high-startups-vc-expectations https://pitchbook.com/news/articles/non-bank-lenders-private-credit-venture-debt Private credit lenders have found an opening where banks have retreated. Fri, 15 Nov 2024 22:05:27 GMT https://pitchbook.com/news/articles/non-bank-lenders-private-credit-venture-debt https://pitchbook.com/news/articles/venture-debt-activity-picks-up-in-europe The year is on track for its third-highest level of venture debt deal value on record. Tue, 22 Oct 2024 18:12:59 GMT https://pitchbook.com/news/articles/venture-debt-activity-picks-up-in-europe https://pitchbook.com/news/articles/star-strong-middle-market-debt-fund-launch Emerging manager Star Strong Capital, run by an ex-Deutsche Bank MD with credit chops, hadn't booked one down month through May 2024 since launching in 2021. Mon, 12 Aug 2024 18:58:37 GMT https://pitchbook.com/news/articles/star-strong-middle-market-debt-fund-launch https://pitchbook.com/news/articles/european-startups-pick-debt-over-equity Venture debt deal value has reached record heights in Europe this year, as a challenging equity market pushes startups toward alternatives. Fri, 28 Jun 2024 17:49:26 GMT https://pitchbook.com/news/articles/european-startups-pick-debt-over-equity https://pitchbook.com/news/articles/thaw-venture-debt-market-post-svb Entrants post-SVB era precipitated a thaw in the frozen venture debt market. Thu, 14 Mar 2024 21:13:47 GMT https://pitchbook.com/news/articles/thaw-venture-debt-market-post-svb