... attractive valuations. The easing of antitrust regulation (especially in the U.S. with the arrival of the new administration) has further simplified the closure of such major deals. Ultimately, the revival of M&A provides confidence to investors that a successful startup can bring the long-awaited profit through a sale to a strategic buyer. Venture Funds: Capital Concentration and New Strategies Within the venture capital industry, notable changes are occurring against the backdrop of a market upturn. The largest ...

... show activity: for example, the venture firm Kama Flow launched a new fund of 10 billion rubles for investing in mature startups. Even under sanctions, the market is seeking opportunities to finance priority technologies and aims to cultivate its own successful "unicorns." At the same time, some regional startups are reaching a new level. For instance, the Krasnodar food tech project Qummy raised 440 million rubles at a valuation of around 2.4 billion rubles, preparing for an IPO—this case demonstrates the seriousness of even local initiatives. Additionally,...

.... Notably, some regulatory barriers are easing: for example, in the U.S., the rhetoric of antitrust authorities has softened, making it easier to close large tech deals. The revival of the M&A market restores investor confidence in the belief that a successful startup can yield significant profits through a strategic sale. Global Expansion of Venture Capital: New Markets and Regions The venture boom of 2025 is acquiring genuinely global proportions, reaching markets that were recently on the periphery of the ...

... in mergers and acquisitions (M&A). The interest in AI startups continues to grow, attracting venture capital funds and investors eager to support new unicorns. In this article, we will examine the key factors influencing the current landscape in the startup ecosystem, highlight the most successful companies, and analyze the implications of recent IPOs for the future of venture investments. Startup and Venture Investment News — Friday, July 25, 2025: Record AI Rounds, Crypto IPO Boom, and Venture Consolidation On July 25, 2025, we ...

... Bullish (whose investors include billionaire Peter Thiel) has filed for a U.S. listing under the ticker BLSH, aiming for a valuation of around $4 billion. The resurrection of IPO activity encompasses a wide range of companies—from fintech to crypto startups. For the venture ecosystem, the continuation of the IPO wave is crucial: successful public exits finally allow funds to realize profitable exits and direct freed-up capital into new projects. Despite persisting selectiveness among investors, the prolonged "window" encourages more startups to consider going public ...