-
5 days ago | 
pitchbook.com | Leah Hodgson
PE has become an increasingly attractive asset class for high-net-worth individuals, and firms are putting in a lot of effort to draw them in. But with greater exposure comes greater complexity, especially when it comes to dividing assets in a divorce. Unlike traditional investments, PE holdings are often illiquid, difficult to value and bound by restrictive partnership agreements.
-
1 week ago | 
morningstar.co.uk | Leah Hodgson
Deliveroo listed on the London Stock Exchange in 2021 amid a boom in food and grocery delivery services in the wake of the pandemic. At the time, it was the UK’s biggest in a decade in terms of market cap, reaching around £7.59 billion. However, trading quickly turned sour as controversies over worker pay and its dual-class share structure caused its shares to plummet by as much as 30% in its public debut.
-
1 week ago | 
pitchbook.com | Leah Hodgson
France has registered its worst quarter for VC investment in five years as internal political turmoil weighs heavily on the country’s economy. According to PitchBook’s Q1 2025 France Market Snapshot, only €1.4 billion was invested in French startups in the first three months of the year—a 36.4% drop from the same period last year. This is the country’s lowest quarterly total since Q2 2020. Deal count was also lower than historical norms.
-
2 weeks ago | 
pitchbook.com | Leah Hodgson
South Korea has launched a new startup fund as it seeks to revitalize the country’s struggling VC market. The Ministry of SMEs and Startups of South Korea is reportedly seeking 600 billion won (around $420 million) for the fund, the second vehicle established under the “Startup Korea Fund” project. The initiative aims to raise over 2 trillion won between 2024 and 2027. The majority of the fund’s capital comes from the private sector, with 30 LPs contributing over 250 billion so far.
-
4 weeks ago | 
pitchbook.com | Leah Hodgson
Europe’s VC market got off to a good start this year despite increasingly volatile macroeconomics. Deal value reached its highest quarterly figure in over a year in Q1, although the dwindling number of rounds suggests that investors are still prioritizing quality over quantity. Here are five charts from PitchBook’s Q1 2025 European Venture Report highlighting key trends across dealmaking, exits and fundraising. Deal value in Q1 reached almost €17 billion, up 4.9% from the previous quarter.
-
1 month ago | 
pitchbook.com | Leah Hodgson
For decades, VC has flourished in an increasingly borderless world, but another week of tariff wars is prompting a major reassessment. This week brought a fresh wave of chaos for global economies as the US imposed further tariffs on Chinese goods and was met with retaliatory taxes from several countries. As public markets plummeted, more companies delayed IPOs, following Klarna and Chime, including trading platform provider eToro and clean energy company 1Komma5.
-
1 month ago | 
pitchbook.com | Leah Hodgson
Surgical robot startup CMR Surgical has raised more than $200 million in debt and equity amid a boost in medtech VC funding. The round was supported by all of the company’s investors, including SoftBank, Ally Bridge and Tencent. Trinity Capital provided the debt funding. The UK-based business didn’t disclose its latest price tag, but it was last valued at $2.7 billion following a $600 million Series D in 2021. CMR Surgical offers a robot that performs minimally invasive procedures.
-
1 month ago | 
pitchbook.com | Leah Hodgson
The recent increase in the US stock market’s volatility has created uncertainty for VC-backed IPO hopefuls, but it could be a boon for European exchanges. Investors expect a pickup in listings for European companies this year with the stabilization of interest rates and inflation. “The general consensus is that there is a more benevolent environment for IPOs,” said Julian Rowe, a GP at London-based investor LocalGlobe.
-
1 month ago | 
pitchbook.com | Leah Hodgson
Kimberly White/Getty Images Less than a year after initial talks collapsed, Alphabet has agreed to buy cloud security software company Wiz for $32 billion in the largest acquisition of a VC-backed company to date. Alphabet initiated talks last year to buy Wiz, which is based in New York and Israel, but the company rejected its $23 billion bid. Wiz was eyeing an IPO once it had hit $1 billion in annual recurring revenue, something which it hoped to achieve in 2025.
-
2 months ago | 
pitchbook.com | Leah Hodgson
Saudi Arabia saw its best year for total VC deal count in 2024 despite the number of rounds in the MENA region failing for a third consecutive year. According to PitchBook’s H2 2024 MENA Private Capital Breakdown, the country closed 143 deals, an increase of over 40% from 2023. Meanwhile, the deal count for the region dropped by 9%. Saudi Arabia replaced Turkey as MENA’s second-largest VC market by deal count, accounting for 22.2% of the region’s total.
