@thewrap.com looks at M&A so far this year: media VC deals are falling – 70% year over year – compared to AI which is soaring. Here’s the story in charts, in partnership with #PitchBook: www.thewrap.com/industry-new...

The narrative has officially shifted: China is no longer a "fast-follower"—it has become the global engine for First-in-Human (FIH) innovation.As an investor, three data points from this report stand out as strategic signals for the year ahead: 1. The Efficiency Moat: Since 2021, China has registered nearly twice as many FIH trials for next-gen antibodies (ADCs, bispecifics) as the U.S. and Europe combined. In an era where "speed to data" is everything, China’s clinical infrastructure is delivering results at a fraction of the cost. 2. From "Me-Too" to "High-Complexity": Modality mix is evolving rapidly. In 2025, cell and gene therapies (CGT) and nucleic acid assets accounted for 50% of deal volume in China. We are seeing a massive shift toward high-complexity assets that global MNCs are eager to integrate into their pipelines. 3. The Arbitrage Opportunity: Western pharmas are essentially "acquiring de-risked innovation hubs" via licensing rather than full M&A. With U.S. early-stage assets facing funding constraints, the cross-border licensing of underfunded but clinically superior Chinese assets is the most capital-efficient way to bridge the "patent cliff." My Take: The "China Edge" is likely to persist for years. The massive spike in innovative drug submissions—from 688 in 2019 to nearly 2,300 in 2023—is just now reaching the peak of its value realization. For LPs and GPs, the question isn't whether to have exposure to China-originated assets, but how to structure the partnerships to navigate the geopolitical noise while capturing the scientific alpha. Source: [https://lnkd.in/ezEfyWRm](https://lnkd.in/ezEfyWRm)

Why China’s early-stage drugmaking edge is the most compelling “de-risked” opportunity in 2026.

The latest Pitchbook analyst note on the Chinese biopharma landscape is a wake-up call for global asset allocators.

#BCIC #VentureCapital #Pitchbook #ChinaBiotech #AssetAllocation #CGT #ADC

Most venture capital deals are now AI Pitchbook has a new report: “AI, Megadeals, and the Making of a Concentrated Venture Market.” It spins really quite concerning news as “this is fine.” [Pitchbook; report, PDF, archive] The US stock market rests on a few huge companies that are all-in on AI, and the economy is only technically not in recession because of […]

Catching up with our former intern Vanessa Ho at the GFTN Connect x PitchBook x Qapita session!

#singapore #questventures #venturecapital #priteequity #catchup #event #catchup #GFTNConnect #PitchBook #Qapita #SuperReturnAsia #asia

New PitchBook and Web Summit Investor Survey Finds AI Playing a Growing Role in Investment Decisions PitchBook, the leading private capital market intelligence provider, released findings from its latest investor survey, conducted in partnership with Web Summit, the world’s largest technology conference. The 10th annual survey captures investor sentiment and trends shaping technology investment and AI adoption. The findings signal a turning point for the global investment community, as AI shifts from a supporting technology to a driving force behind how capital is deployed. **Read More on Fintech :Global Fintech Interview with Mike Lynch, Principal, AI Strategy and Finance Transformation for Auditoria** The survey includes insights from 116 global investors attending Web Summit, which brings together more than 70,000 attendees from November 10–13, 2025, at the MEO Arena in Lisbon, Portugal. PitchBook is sponsoring the Investor Lounge at Web Summit, where investors can network, take meetings, and demo PitchBook’s leading data and AI capabilities. **Key Takeaways** * **AI’s evolution from experiment to execution** : Investors are embedding AI more deeply across deal sourcing, diligence, and benchmarking—but remain cautious about automation and accuracy. * **AI will expand opportunities:** Nearly two-thirds (63%) of respondents expect AI-related investments to expand global access to opportunity, indicating optimism that innovation won’t remain concentrated in advanced markets. * **Healthcare to capture most AI investment:** Healthcare (44%) is expected to capture the most AI investment in the next five years, followed by industry-specific enterprise applications (32%), cybersecurity (29%), and infrastructure (25%). * **Top AI use cases:** The top AI use cases are summarizing due diligence materials (34%) and identifying relevant deals (26%), showing that investors primarily use AI for efficiency and insight discovery. Over 40% believe AI could fully replace market research and trend analysis. * **Trust in data becomes essential:** Data quality and accuracy rank among investors’ top AI concerns, reinforcing the value of credible, structured market intelligence. * **Cautious optimism returns to fundraising** : Over one-third expect the fundraising environment to improve slightly in the year ahead, a sign of renewed stability in capital markets. European venture dealmaking softened in Q3 2025, signaling that full-year totals may decline year over year despite growth in average deal size. The market remains active but increasingly uneven, driven by a handful of large AI-focused rounds even as activity slows in once-dominant verticals like fintech and life sciences. PitchBook’s latest European Venture Report shows AI now accounts for nearly 40% of deal value in Europe, underscoring a structural shift in global tech markets. Against that backdrop, the 2025 Web Summit Investor Survey reveals that AI has moved beyond hype into practical application across investment workflows, even as investors remain cautious about accuracy, privacy, and over-reliance on automation. The data also point to a modestly improving fundraising environment and continued emphasis on leadership quality and business fundamentals when evaluating new opportunities. “Our data shows an ecosystem undergoing a meaningful recalibration,” said **Nalin Patel, Director of EMEA Private Capital Research at PitchBook**. “AI’s rise is undeniable, driving larger rounds, commanding investor attention, and reshaping deal dynamics across Europe. The sentiment we’re hearing from investors at Web Summit reinforces that this growth is being met with thoughtful discipline. AI is now embedded in daily workflows, but investors remain measured, emphasizing accuracy, reliability, and the human judgment that still anchors the investment process.” “We’re delighted that once again many investors from the Web Summit network have taken part in our annual PitchBook investor survey to help understand investor sentiment on what is happening in the ecosystem. The results show AI is starting to shape how investment decisions are made, with investors using AI to drive deal flow, and inform global investment strategy,” said **Jordan Flyn, Investor Manager at Web Summit.** “We’ve entered a new phase in which AI directly influences how capital is deployed. This is something the Web Summit team also sees daily in its talks with global investors. The future of investing won’t be defined by who has the most data, but by who can turn that data into action. This will also be a major focus at Web Summit 2025, where talks and masterclasses will explore the role of agentic platforms and AI infrastructure in transforming the venture capital ecosystem.” Key findings from the survey are outlined below: **Investor Priorities and Market Outlook** * 30% cite the executive team’s experience and pedigree as the most important criterion, followed by 25% who prioritize business model strength and scalability. * Inexperienced or unbalanced founding teams (48%) and unclear business models (47%) remain the top red flags, underscoring the ongoing focus on execution and operational discipline. * 36% of respondents expect the fundraising environment to slightly improve over the next year, while only 19% anticipate worsening conditions—signaling cautious optimism. **AI Integration in Investing Workflows** * The top AI use cases are summarizing due diligence materials (34%) and identifying relevant deals (26%), showing that investors primarily use AI for efficiency and insight discovery. * The leading AI concerns are over-reliance on automation (26%), data quality and accuracy (25%), and bias in data (22%), reflecting an emphasis on trust, transparency, and human oversight. On barriers to adoptions, 36% cite security and privacy risks as the biggest barrier, followed by 28% who point to inconsistent accuracy of outputs. * Looking further ahead, 41% believe AI could fully replace market research and trend analysis, while 22% say no process will be fully automated, emphasizing confidence in human judgment. **The Future of AI Investment** * Healthcare (44%) is expected to capture the most AI investment in the next five years, followed by industry-specific enterprise applications (32%), cybersecurity (29%), and infrastructure (25%). * Over half of investors, (58%) believe AI will make investing more competitive, while 27% say it could level the playing field for smaller funds. * Nearly two-thirds (63%) of respondents expect AI-related investments to expand global access to opportunity, indicating optimism that innovation won’t remain concentrated in advanced markets. **Catch more Fintech Insights****:The Disappearing Payment: How Embedded Finance Is Quietly Reshaping B2B Transactions?** **[To share your insights with us, please write to****psen@itechseries.com****]**

New PitchBook and Web Summit Investor Survey Finds AI Playing a Growing Role in Investment Decisions PitchBook, the leading private capital market intelligence provider, released findings from its ...

#Artificial #Intelligence #Investment #Services #News #PitchBook

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Monday, November 10, 2025: Microsoft exposes #Whisper Leak vulnerability compromising encrypted AI chats; Apple extends iPhone satellite capabilities, #Pitchbook launches deal #AI, Google's Opal gets spammy...

deadstack.beehiiv.com/p/afternoon-...

PitchBook brings generative AI to private markets with Navigator and ChatGPT integration Private capital market intelligence company PitchBook Data Inc. today announced the upcoming launch of PitchBook Navigator, a generative artificial intelligence tool that delivers private capital market...

PitchBook brings generative AI to private markets with Navigator and ChatGPT integration #Technology #Business #Startups #GenerativeAI #PrivateMarkets #PitchBook

US gets most benefits from sovereign wealth funds' AI investments - PitchBook Sovereign wealth funds fueled 31% of global AI deal value.

From January through August of this year, #sovereign wealth funds participated in #AI venture deals worth $46.4 billion overall, with $43.3 billion (over 93%) of this funding going to US startups, according to #PitchBook data. #startups #VC pitchbook.com/news/article... #AbuDhabi #oman

If you’re not an AI startup, good luck raising money from VCs New PitchBook data illustrates how dramatically AI is dominating startup investment, with 2025 on-track to become the first year when AI accounts for more than half of all VC money invested.

OpenAI introduces mentorship program to support tech entrepreneurs OpenAI has launched its Groove program that targets early entrepreneurs looking to build with artificial intelligence. OpenAI has ...

#Tech #OpenAI #PitchBook

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OpenAI introduces mentorship program to support tech entrepreneurs OpenAI has launched its Groove program that targets early entrepreneurs looking to build with artificial intelligence. OpenAI has ...

#Tech #OpenAI #PitchBook

Origin | Interest | Match

Vibe coding is getting rancid even for venture capital PitchBook brings us: “The dangerous vibes powering VCs’ favorite startup category.” Vibe coding is a security disaster. [PitchBook] The story itself is vapid. But the article existing is remarkable. PitchBook is about deals and how big they are. Mentioning a tawdry technical detail like the whole subsector being a disaster area is remarkable. Will this […]

Vibe coding is getting rancid even for venture capital PitchBook brings us: “The dangerous vibes powering VCs’ favorite startup category.” Vibe coding is a security disaster. [PitchBook] The story itself is vapid. But the article existing is remarkable. PitchBook is about deals and how big they are. Mentioning a tawdry technical detail like the whole subsector being a disaster area is remarkable. Will this […]

Only 33% of 2021 first-time VC funds raised a second fund—just 12% from 2022. Capital concentrates in big firms as LPs demand liquidity. 💰📉

#goodrevenue #VentureCapital #Investing #PitchBook #Economy #Markets #Funds #Innovation #Business #Startups #viral #trending

Navigating the Evolving Landscape of Venture Debt Financing Explore the strategic shift in venture debt financing as highlighted by the 2024-2025 Venture Debt Review by Runway Growth Capital and PitchBook, showing a move toward flexibility and control.

Navigating the Evolving Landscape of Venture Debt Financing #USA #Menlo_Park #Runway_Growth #PitchBook #Venture_Debt

Every private equity connection to Europe's 'Big Five' football clubs | PitchBook - PitchBook Investors have pushed into the niche asset class, snapping up stakes in multiple teams at a time when many clubs are in financial straits from pandemic-era losses.

"More than 36% of European football clubs in the 'Big Five' leagues this season have financial backing from private equity, venture capital or private debt firms at the start of the 2025-2026 season." (Jordan Rubio, Nicolas Moura, James Thorne / #Pitchbook) pitchbook.com/news/article...

#artificial-intelligence-startup #venture-capital-fundraising #venture-capital #startup-funding #artificial-intelligence #united-states #pitchbook #startup #investment-trends #tech-investment #funding-surge #capital-raising #second-best-year #finance #2025 #market-trend

Pitchbook: AI venture capital resorts to mergers Today, let’s look at two Pitchbook reports — the US VC-Backed M&A Outlook for second quarter 2025 and the 2025 US Venture Capital Outlook: Midyear Update. [Pitchbook; Pitchbook, PDF, archive; Pitchbook; Pitchbook, PDF, archive] Here’s all the spin Pitchbook can put on the awful state of things: A confluence of factors — lower startup valuations, […]

Pitchbook: AI venture capital resorts to mergers Today, let’s look at two Pitchbook reports — the US VC-Backed M&A Outlook for second quarter 2025 and the 2025 US Venture Capital Outlook: Midyear Update. [Pitchbook; Pitchbook, PDF, archive; Pitchbook; Pitchbook, PDF, archive] Here’s all the spin Pitchbook can put on the awful state of things: A confluence of factors — lower startup valuations, […]

Pitchbook: AI venture capital resorts to mergers Today, let’s look at two Pitchbook reports — the US VC-Backed M&A Outlook for second quarter 2025 and the 2025 US Venture Capital Outlook: Midyear Update. [Pitchbook; Pitchbook, PDF, archive; Pitchbook; Pitchbook, PDF, archive] Here’s all the spin Pitchbook can put on the awful state of things: A confluence of factors — lower startup valuations, […]

Pitchbook: AI venture capital resorts to mergers Today, let’s look at two Pitchbook reports — the US VC-Backed M&A Outlook for second quarter 2025 and the 2025 US Venture Capital Outlook: Midyear Update. [Pitchbook; Pitchbook, PDF, archive; Pitchbook; Pitchbook, PDF, archive] Here’s all the spin Pitchbook can put on the awful state of things: A confluence of factors — lower startup valuations, […]

2019, bad vintage year for the VCs

#VC #Argo #Deals #Pitchbook #valuation #DPI

Kroll Enhances Private Capital Markets Platform with Advanced Credit Analysis Tools Kroll has upgraded its Private Capital Markets Platform by incorporating Morningstar and PitchBook data, enhancing private credit analysis for asset managers and investors.

Kroll Enhances Private Capital Markets Platform with Advanced Credit Analysis Tools #United_States #New_York #Kroll #Morningstar #PitchBook

越来越多的欧洲公司选择在欧洲以外的交易所上市。2024年，欧洲公司在欧洲交易所上市的比例跌至历史最低水平。
来源： #PitchBook

💰 A need for liquidity
LPs need cash to reinvest. According to #Pitchbook, 30 firms raised 75% of all capital raised by VC funds in the US, a powerful signal of how the tech pullback is concentrating influence among the venture industry’s heavyweights.

数据提供商 #PitchBook 的数据显示，去年美国 #风险投资 公司向投资者返还了价值260亿美元的收益，为2011年以来的最低水平。预计2024年仍将延续这一趋势，因为收购交易或 #首次公开募股 ( #IPO ) 很少。去年，美国风险投资公司的投资额比收益高出600亿美元，这是PitchBook有数据以来的最高水平。 来源：#华尔街日报

Generative AI funding reached new heights in 2024 | TechCrunch If there was any doubt, the generative AI bubble didn't burst in 2024, according to data from financial trackers.

#GenerativeAI #funding reached new heights in 2024.
According to #data from financial tracker #PitchBook compiled for #TechCrunch , generative AI companies worldwide #raised $56 billion from #VCs in 2024 across 885 #deals. techcrunch.com/2025/01/03/g... via @techcrunch #startups #startupecosystems