Convertible instruments held steady in Q1 2025, but the terms are shifting in favor of investors. Interest rates on convertible notes rose by 200 to 300 basis points, and discount rates climbed as high as 10.5 percentage...more
7/24/2025
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Convertible Notes ,
Financing ,
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Investment ,
Private Equity ,
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Startups ,
Valuation ,
Venture Capital ,
Venture Funding
AI continues to be the standout in venture dealmaking, with Q1 2025 extending the sector’s winning streak. AI companies raised more capital and achieved significantly higher pre-money valuations than their non-AI...more
After a cautiously optimistic close to 2024, Q1 2025 brought a measured pullback in venture activity. Rather than a dramatic downturn, the market saw a strategic recalibration....more
In this edition of the J.P. Morgan Venture Beacon, we analyze venture deals from Series Seed through Series D+ to surface the real-time dynamics shaping today’s startup ecosystem. Produced in collaboration with J.P. Morgan |...more
Your nascent startup may be poised to change the world—but do investors see it that way? When you’re in the earliest stages, it can be tough to distinguish yourself among a field of founders all vying for investors’ limited...more
You’ve conceived the next great innovation, but actually pushing it out into the world is a whole other endeavor—and it's not cheap.
For New York Tech Week, Fenwick corporate partner Al Cooper sat down with some of...more