The Latest Breaking News from PitchBook

PitchBook data says it’s all happening in AI.

Legendary Blizzard co-founder Mike Morhaime, who helped create "World of Warcraft" and "Overwatch," now faces a survival battle at Dreamhaven after "Wildgate" and "Sunderfolk" sold far fewer copies than expected, according to Bloomberg.

Amid rising infrastructure demands, AI startups like Crusoe Energy Systems are tapping large-scale credit lines, PitchBook reported. Crusoe last month raised a $750 million credit facility from Brookfield Asset Management (NYSE:BAM) to expand its data centers and acquire more graphics processing units from Nvidia Corp. (NASDAQ:NVDA).

According to PitchBook, AUM in VC doubled between 2019 and 2024, and are projected to grow about 38% over the next five years.

Longevity startup Circulate Health announced Wednesday that it has raised $12 million in seed funding to expand a pricey outpatient service it calls ‘targeted blood cleaning.'

Private equity fundraising in the first half remains slow.

Tariff uncertainty has stifled any dramatic surge in dealmaking, despite signs of life in May.

Q1 2025 saw 210 enterprise SaaS mergers and acquisitions get done, a number on par with the 211 deals inked in Q4 2024, says PitchBook data.

Amid clogged IPO pipelines and a liquidity crunch, some venture capitalists are shifting focus to acquisitions and regional markets to find exit opportunities.