Tootfinder

Internal docs: Fidelity, TPG, Sequoia, and others are buying ~$250M worth of shares in xAI under a tender offer valuing it at $113B; Fidelity is purchasing $20M (New York Times)
https://www.nytimes.com/2025/06/12/business/xai-elon-musk-investors.html

Elon Musk’s xAI Is Getting $250 Million in Investments From TPG, Sequoia and Others
Two dozen venture capital firms and other investors are investing in xAI, the artificial intelligence and social media company.

CB Insights: VCs and private equity firms poured $3.1B to fund 144 deals in the LA area in Q1 2025, up from $2.7B in Q1 2024 and $1.4B in Q1 2023 (Los Angeles Times)
https://www.latimes.com/business/story/2025-06-06/venture-capital-…

Venture capital investment rises in L.A., and not just for AI startups
Venture capital investors and private equity firms poured $3.1 billion to fund 144 deals in the L.A. area in the first quarter of this year, up 15% from a year ago.

Ukrainian tech gets $58.5 million boost from global backers: https://benborges.xyz/2025/07/10/ukrainian-tech-gets-million-boost.html

In Q2 2025, global VC funding reached $91B, up from $82B in Q2 2024, driven largely by AI investments, but down from $114B in Q1 2025, the highest since Q3 2022 (Gené Teare/Crunchbase News)
https://news.crunchbase.com/venture/global-funding-climbs-q2-…

Q2 Global Venture Funding Climbs In A Blockbuster Quarter For AI And As Capital Concentrates In Larger...
Global venture funding ticked up year over year in Q2 2025, reaching $91 billion, with a greater concentration of capital into the largest funding rounds compared to a year ago, Crunchbase data shows.

Creatively Disrupting Capitalism
Richard Muscat* In the series Prospects for Degrowth I am a degrowth activist. It’s not a career path I ever envisaged for myself. I arrived here after a couple of decades working, for want of better phrasing, on “capitalism’s side”. First for a range of high-growth Silicon Valley software companies and their ilk; latterly directly in venture capital focused on climate change technology startups, aka “Climate Tech” or “Impact Investing.”

Creatively Disrupting Capitalism
Richard Muscat* In the series Prospects for Degrowth I am a degrowth activist. It’s not a career path I ever envisaged for myself. I arrived here after a couple of decades working, for want of bett…

PitchBook: AI startups received 53% of all global VC dollars invested in H1 2025, rising to 64% in the US, and accounted for 29% of all global startups funded (Dan Primack/Axios)
https://www.axios.com/2025/07/03/ai-startups-vc-investments

AI is eating venture capital, or at least its dollars
AI startups received 53% of all global VC dollars invested in the first half of 2025.

Savvy Wealth, a digital wealth management service for financial advisors, raised a $72M Series B led by Industry Ventures, taking its total funding to $100M (Davis Janowski/Wealth Management)
https://www.wealthmanagement.com/ria-news/

Savvy Wealth Raises $72M, Adds Mark Casady to Board of Directors
Savvy Wealth, a technology platform provider to RIAs, announced the closing of a $72 million Series B funding round led by venture capital firm Industry Ventures.

Report: Swiss deep tech startups have created over $100B in total enterprise value, with 60% of VC funding in Switzerland from 2019 to 2025 going to deep tech (Cate Lawrence/Tech.eu)
https://tech.eu/2025/06/26/switzerlands-100b-deeptech-engine-comes-…

Switzerland’s $100B deeptech engine comes Into focus
Today, the launch of The Swiss Deep Tech Report 2025 spotlights how Switzerland has quietly become one of the world’s most advanced and efficient deeptech ecosystems. Curated in close collaboration with Dealroom.co, Startupticker and venture capital firms Founderful and Kickfund, the report is the first of its kind to map the full scope of Switzerland’s deeptech performance - from research institutions and patents to venture activity and late-stage outcomes. With over 1500 Swiss deeptech …

VC firms Thrive Capital and General Catalyst are adopting the "roll-up" strategy from the PE playbook, as Khosla Ventures, 8VC, and others explore similar moves (George Hammond/Financial Times)
https://www.ft.com/content/74db4959-5980-4ca3-8a46-f058ef4774…

Tech venture firms deploy private equity ‘roll-up’ strategy
Thrive Capital’s backing of Savvy Wealth is part of growing effort to fund groups that go on to buy similar companies