Global Startup and Venture Capital Market as of November 12, 2025: New Mega Rounds in Artificial Intelligence, Launch of Mega Funds, Market Growth, and IPO Plans. A Detailed Overview for Investors and Funds.
The global venture sector continues to show a strong recovery. As of mid-November 2025, the startup market is experiencing increased deal activity and capital inflow—large funding rounds and the launch of mega funds signal a renewed risk appetite among investors. While startups in the artificial intelligence sector remain in the spotlight, significant investments are also being attracted to projects in other industries—from healthcare to energy technologies. Let’s take a look at the key news and trends in the venture market as of Wednesday, November 12, 2025.
Global Venture Capital Market: Sustainable Recovery
In the third quarter of 2025, global venture investments grew approximately 38% year-over-year, reaching $97 billion—the highest level since 2022. Mega-rounds exceeding $500 million once again accounted for about a third of the market, with nearly 46% of all investments going to AI startups. As a result, venture capital is confidently returning to the global market. Significant investments are concentrated in the most promising sectors, while funding for early-stage projects is also gradually increasing. Investors are once again willing to commit substantial funds, especially in industry leaders.
AI Investment Boom
The artificial intelligence sector continues to attract record amounts of funding. AI startups are raising rounds of unprecedented scale— for instance, Anthropic secured a record $13 billion, while Elon Musk’s xAI raised $5.3 billion. Investors are eager to establish positions in the AI race, directing capital to both foundational model developers and creators of applied AI services.
A notable example of the excitement surrounding AI is the startup Hippocratic AI, which combines medtech and generative AI. This week, the company raised $126 million at a valuation of $3.5 billion. The round led by Avenir Growth nearly doubled Hippocratic AI's valuation since the beginning of the year. This confirms that investors are willing to evaluate AI-focused companies in the billions due to their rapid growth and potential to transform industries.
Moreover, the excitement is not limited to neural network developers, but also extends to infrastructure projects. Startups operating "behind the scenes" of the AI industry—whether hardware solutions or cloud platforms for AI tasks—are also garnering significant funding. Thus, the investment boom in artificial intelligence continues across the entire technology stack.
Healthcare and New Unicorns
Beyond the digital sector, significant capital is flowing into biomedicine and healthcare—the sector that ranked third in venture investments in the third quarter (approximately $15.8 billion in Q3). This week, one deal highlighted the attractiveness of medtech to investors. The American startup Forward Health, specializing in preventive medicine, secured $225 million in a Series D round led by SoftBank and Founders Fund. This raised Forward's valuation above $1 billion, making the company a new "unicorn" in the market. Forward focuses on personalized preventive medicine; the funds raised will enable the expansion of its clinic network across the United States.
Overall, venture funds continue to actively support healthcare technologies, especially at the intersection with AI. In addition to Forward, several other medtech startups received significant funding this year. This interest can be attributed to the sustained demand for remote and personalized medical services in the post-pandemic period. The success of companies like Forward and Hippocratic AI confirms that innovations in healthcare remain a priority, and new unicorns in this sector continue to emerge.
Diverse Deals: Automotive Tech, Robotics, and Fintech
Beyond AI and healthcare, venture investments are covering a wide array of industries. This week saw large deals across various sectors:
- Automotive Technology and Mobility: The American startup Metropolis raised approximately $1.6 billion (including $500 million in a Series D round) at a valuation of around $5 billion to develop its AI-based parking payment automation platform. The system recognizes vehicles and automatically charges fees without tickets or cashiers; the capital will be used to expand the service into drive-thru restaurants and gas stations.
- B2B Services (SaaS): News from Silicon Valley announced the launch of the startup Reevo, which plans to unify disparate sales and marketing tools on a single AI platform. Emerging from "the shadows," Reevo secured an unprecedented $80 million in seed funding—such a large initial round signals strong investor confidence in a new revenue management model for B2B companies.
- Robotics: The hardware segment is also breaking records. The Californian startup Figure, developing humanoid robots for work and domestic tasks, has raised over $1 billion in funding this year, raising its valuation to around $39 billion. This capital will enable Figure to scale production and bring humanoid robots closer to commercial deployment, showcasing investors' interest in deep technological innovations.
Additionally, activity is ongoing in other niches. Fintech companies collectively received approximately $12 billion in global investments in Q3 2025 (ranking 4th among sectors)—despite a decline in excitement, fintech still attracts significant capital, particularly in resilient payment and finance business models. Moreover, investors are showing interest in climate technologies: startups in renewable energy and eco-tech continue to receive funding amid heightened focus on ESG agendas. Thus, in addition to the dominance of AI, venture capital is being distributed across various industries—from transportation services to industrial technologies—indicating multiple growth points on the startup scene.
Large Venture Funds Expand Opportunities
The influx of funds into startups is supported not only by deals but also by the emergence of new large venture funds. This week, Silicon Valley fund TCV announced the closure of $4 billion for its 11th fund—a record amount in the firm’s 25-year history. This indicates that leading market players are stockpiling "dry powder" for investments in the coming years. TCV plans to invest these funds in promising segments—from fintech and educational technologies to digital entertainment—doubling down on the most successful areas of its portfolio.
Growth is also observed among specialized funds. For example, the American firm CMT Digital recently closed a $136 million crypto fund to invest in blockchain startups—signaling that even amid the volatility of the crypto market, specialized investors are willing to support this sector. Meanwhile, in Africa, one of the most active local funds, the Nigerian Ventures Platform, is raising $75 million for its second fund—confirming the global nature of venture capital expansion. These examples show that the formation of an investment "pool" is happening worldwide, aimed at a new cycle of startup development. Large funds—from global mega funds to regional and sectoral ones—will provide the startup ecosystem with substantial resources and enhance competition among investors for the most promising deals.
Corporations as Investors: Alliances and Strategic Deals
Large technology corporations are increasingly participating in the venture market. Rather than pursuing acquisitions, they are forming strategic alliances or investing minority stakes in startups. For instance, Snap Inc. invested $400 million in the AI startup Perplexity AI and is integrating its search technology into its service—this move strengthens Snapchat's position in AI functionality and provides Perplexity access to millions of users. In general, Microsoft, Google, Amazon, and other giants have invested billions in young AI companies over recent years, while industrial corporations are ramping up deals through their venture divisions (especially in robotics, drones, and transportation). This approach allows corporations to access innovations at an early stage while providing startups with the resources and markets of large businesses.
Exits and IPO Prospects
The exit market is also showing signs of revival. Major exits (such as the IPO of an automotive manufacturer and the sale of design service Figma) occurred in the third quarter, and a number of large startups are once again planning public offerings (including fintech unicorn Klarna). However, investors are now focusing on profitability and sustainable growth, so only the most prepared companies will be able to go public. Successful exits are returning significant capital to circulation, completing the venture investment cycle.
