Leah Hodgson

2 days ago | pitchbook.com | Leah Hodgson

Global VC funding for space-tech startups is set to reach new heights this year, but investor bets are becoming more concentrated as the vertical matures. According to PitchBook data, VC investment in space tech has already reached $5.9 billion this year, which puts 2025 on course to exceed 2021’s record. However, the deal count could land below last year’s level, with most capital going toward mature startups.

4 days ago | pitchbook.com | Leah Hodgson

Even as the UK government scrambles to support the cybersecurity industry following a string of attacks, VC funding for UK cybersecurity startups is on track to hit its lowest level in a decadeIn the spring, the UK was gripped by a series of high-profile cyberattacks, with hackers targeting major retailers such as Marks & Spencer and Co-op. Government statistics show that just over 4 in 10 businesses in the UK have reported a cybersecurity breach in the past 12 months.

1 week ago | pitchbook.com | Leah Hodgson

South Korea’s VC market has had a tough start to the year as economic uncertainty and political turmoil cast a shadow over Q1 dealmaking. According to PitchBook’s Q1 2025 South Korea Market Snapshot, around $600 million was invested across 254 deals in the first three months of the year. Deal value is down nearly 65% from Q4, while the number of rounds fell 21.8% over the same period.

2 weeks ago | pitchbook.com | Leah Hodgson

Multiverse Computing has closed a $215 million Series B to improve the efficiency of large language models (LLMs) in one of this year’s largest quantum computing VC rounds. Bullhound Capital led the round, which also saw participation from investors including HP Tech Ventures, SETT and Forgepoint Capital International. The Spanish startup is now reportedly valued at over $500 million—up almost fivefold from its €25 million Series A price tag last year.

2 weeks ago | pitchbook.com | Leah Hodgson

Europe is seeing a resurgence in pre-seed dealmaking as a new generation of founders, spurred by a wave of AI innovation, enter the startup ecosystem en masse. After three consecutive years of decline, pre-seed investment has spiked in Europe this year. According to PitchBook data, deal value stood at €355.7 million ($406.5 million) as of June 2, over two-thirds of last year’s annual total.