... with proven business models, while the government is expanding support through the development of IT education, accelerators, and special tax regimes. Local startups aspire to integrate into global value chains, leveraging their strengths in modern technology directions (AI, Big Data, and others). Conclusions: Cautious Optimism and Quality Growth As of early August 2025, sentiment in the venture industry remains cautiously optimistic. Successful IPOs and large funding rounds provide grounds for believing that the bottom ...

... investment players are making a triumphant return to the venture scene, signaling a renewed appetite for risk. Japanese conglomerate SoftBank has announced the formation of Vision Fund III, sized at approximately $40–50 billion, focusing on advanced technologies (with an emphasis on AI and robotics). Sovereign funds from Gulf countries have also become noticeably more active, pouring billions of dollars into technological projects and launching state mega-programs to develop the startup sector, thereby establishing their own tech ...

... a rise in risk appetite. Japanese conglomerate SoftBank is once again betting on large-scale investments: Masayoshi Son has officially announced the formation of the Vision Fund III, with a size of approximately $40–50 billion, focused on advanced technologies (primarily in AI and robotics). The largest sovereign wealth funds from the Persian Gulf have also become active — they are pouring billions of dollars into technology projects and launching state mega-programs to develop the startup sector, forming their own tech ...

... business models, while the government is expanding support through the development of IT education, accelerators, and special tax regimes. Local startups are striving to integrate into global value chains, leveraging their strengths in cutting-edge technological fields (AI, Big Data, etc.). Conclusions: Cautious Optimism and Quality Growth As of early August 2025, sentiments in the venture industry remain cautiously optimistic. Successful IPOs and large funding rounds provide grounds to believe that the bottom of the ...

... half of 2025), while the American startup Commonwealth Fusion Systems raised around $1 billion for further developments. Biotech and Medtech: Significant rounds are taking place in biotechnology and medical startups. Platforms developing drugs using AI, genetic technologies, and other medtech projects are again attracting substantial capital. For example, biomedical company Altos Labs continues to raise hundreds of millions for research in extending human life, while the Greek project Centivax secured over €130 ...