1、State of VentureGlobal|Q2 2025Global data and analysis on dealmaking,funding,and exits by private market venture companiesState of Venture2 2Action is better.We track and compare the worlds companies.Our AI agents keep you a step ahead of competitors and disruption.Trusted by the worlds smartest com

2、panies:Every big tech company.Every top professional services firm.26 of the top 30 banks.All ten Fortune 10 companies.Put our AI agents to work today.IIIIIIStart free trialState of Venture3 3“Steal”our data.Download the underlying data in this report.If you create any analysis or visualizations wit

3、h this data,send it our way and you could be featured in the CBI newsletter.us on social LinkedIn X(Twitter)InstagramIIIIDownload the raw dataTL;DR4Your rundown onventure in Q2256Out of the top 10 deals goes to hard tech companies.Hard tech investments captured 6 of the top 10 largest deals in Q225

4、for$8.7B in total funding.Notable deals include World View($2.6B),Anduril($2.5B),and Montera Infrastructure($1.5B).The rise of hard tech represents a shift that is likely to define the next chapter of venture investing.See the data$4.6MMedian deal size for AI companies in 2025 so far.AI companies co

5、mmand a funding premium,securing a$4.6M median deal size vs.$3.5M for the broader market.Auto tech,robotics,and cybersecurity show the largest disparity.As the trend persists,AI startups may defy standard benchmarks,commanding stronger valuations due to perceived potential more than performance.See

6、the data 12Projected big tech M&A deals by the end of 2025.Big tech M&A has collapsed to 12 projected deals in 2025 down from 66 in 2014 while big tech minority deals are surging to a projected 14 investments by year end.Overall global M&A activity has also continued to decline.However,AI acquisitio