Former Sequoia Capital partner Matt Miller is nearing the close of a new $400 million venture fund to invest in European startups, the Financial Times reported.

Generative AI is exposing the cracks that exist between media paywalls and news distribution on the internet, argues Amplify's Aron Solomon. In this guest article, he reminds publishers that AI isn’t breaking in: It’s building something new entirely — and the smart move is to get invited inside.

Overall, funding in Asia in the first half of 2025 was down roughly a third from the same period last year. Deal volume also declined, with reported deal counts at every stage lower in the first two quarters of 2025 than year-ago levels.

This week was a productive period for fintech funding, with two companies in the space — iCapital and Bilt Rewards — pulling in the largest rounds.

Overall, nine of the 10 most active venture investors in 2025 did more deals in Q2 than in Q1, per Crunchbase data. Ditto for 80% of the top 10 lead investors by deal count, as well as the vast majority of the spendiest investors in Q2.

iCapital, a fintech platform for alternative investments and investors, has raised more than $820 million in a funding round that takes its valuation to over $7.5 billion, the company announced on Thursday.

A total of $12.6 billion was raised by around 1,200 startups across Europe last quarter, with funding amounts comparable with the previous two quarters. And for the first time since 2012, Germany-based startups jumped ahead of the United Kingdom by amounts invested in a quarter.

Equipment maintenance startup MaintainX has reportedly more than doubled its valuation to $2.5 billion with its latest fundraise, a $150 million Series D from a long list of investors including Bessemer Venture Partners and Bain Capital.

At least 95,000 workers at U.S.-based tech companies were laid off in mass job cuts in 2024, per a Crunchbase News tally, and the cuts are continuing into 2025. See who the latest companies are to cut roles.

Funding to North American startups surged in the first half of 2025, fueled by investor enthusiasm around artificial intelligence, overall pouring $145 billion into seed through growth-stage rounds for U.S. and Canadian companies.