Fundraising dynamics continued to evolve in Q1 2025, with early-stage companies seeing a modest uptick in down rounds while late-stage companies experienced fewer. Down rounds rose to 20.8% of deals at the Seed through Series...more
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
/ Contract Terms ,
Convertible Notes ,
Financing ,
Interest Rates ,
Investment ,
Private Equity ,
Small Business ,
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
This year’s Game Developers Conference (GDC) in San Francisco gave Fenwick’s Games Group an inside look at how triple-A publishers and indie studios alike are tackling the challenges that come with chilled market conditions...more
When an investor is thinking about betting on an up-and-coming software innovator, what do they look for? We asked, and they answered....more
8/20/2024
/ Business Valuations ,
Early Stage Companies ,
Entrepreneurs ,
Investment Opportunities ,
Investors ,
Software ,
Software Developers ,
Startups ,
Technology ,
Technology Sector ,
Valuation ,
Venture Capital