Pitchbook

According to new data coming out from the research firm PitchBook and the National Venture Capital Association (NVCA), venture firms are raising — and deploying — a lot less money than in recent years.

Brookfield-based Patina Solutions Group was acquired by Los Angeles-based for $42.9 million, according to PitchBook.

Looking ahead, Pitchbook and NVCA expect an uptick in merger and acquisition activity.

PitchBook’s model is based on 46,000 observations from startups with known exit outcomes.

Gates was listed as an investor in this Series B funding round on PitchBook.

However, PitchBook points to upwards revisions for market sizing estimates towards the end of the 2020s as a reason to be optimistic in the long run.

New York consistently maintains its spot as the second largest venture ecosystem in the U.S. Startups in New York raised $12.6 billion in the first half of 2024, according to PitchBook data.

Venture capital firms across the board are struggling to raise new funds from their limited partners, with the number of new funds created in 2024 on track to be the lowest since 2015, according to the database Pitchbook.

Abovitz raised nearly $3.5 billion (£2.6bn) in venture funding from investors such as Google, Alibaba, Fidelity and Andreessen Horowitz, valuing the company at $6.4 billion (£4.8bn), according to PitchBook, but his long-awaited headset failed to take off.

As with much of the U.S. economy, patterns of investment show winners and losers, according to the report, which is created by the National Venture Capital Association and data firm PitchBook.

It’s an area that’s expected to grow quickly—the commercial AI and ML market is worth about $63 billion, according to PitchBook data, and is forecast to grow 26% annually in the coming years.

It was last valued in 2019 at $1 billion in a $300 million fundraising led by SoftBank, according to data provider PitchBook.

Out of the 11 large grocery chains that have filed for bankruptcy since 2015, eight of them were backed by private-equity firms, according to S&P Market Intelligence and PitchBook Data cited by The Wall Street Journal.

Since its launch, Loom Systems managed to raise $16 million in funding according to PitchBook data.

What’s more, Pitchbook’s latest report estimates that Amsterdam’s ecosystem is valued at $22 billion.

According to PitchBook data from 2018, there are only about 15 unicorn startups with female founders.

Last year, 70 percent of the companies that Maveron backed had a female founder, while only of the $130 billion in VC funding that was given out nationally went to women-led companies, according to PitchBook.

The study, conducted by data company PitchBook, supports data reflected in several academic studies, the article says.