8,625 First-Time Startups Funded, But Only 211 New VCs Survived
8,625 startups raised first rounds through Q3 2026, a record, while only 211 emerging managers closed funds. Pre-seed valuations tripled to $12M as seed checks shrank.
Topic
Emerging Managers
Topic
Emerging Managers
Phoenix Venture Partners Closes Debut Fund at $23M Total
Phoenix Venture Partners has closed its debut fundraise, reporting $23 million across the fund and co-investments, per FWDStart.…
NVM Ventures Launches €35M Italian Dual-Use Tech Fund
NVM Ventures has closed €23.6M of a €35M target for its first fund, NVM Venture Lazio, anchored by a €18.83M Lazio Innova commitm…
Fund I Is Where Emerging VC Managers Stop Telling Stories
FuturePlay's KRW 42bn Fund II close shows what LPs now demand: not just portfolio returns but proof the GP created value. Carta d…
Dealroom Spotlights the Path From a16z's First Hire to Founding OPM
Dealroom profiles the investor who joined a16z as its first hire and went on to found OPM, using the arc to examine what it takes…