Venture capital news headlines these days are dominated by stories of size: capital concentration into the highest-growth companies, surging valuations, seed rounds totaling tens or even hundreds of millions of dollars, and megafunds raising tens of billions in new capital. Deal counts and amounts are down roughly 20% year over year for the pre-seed and regular seed funding range bands that include deals of $200,000 to under $5 million. (As always, that proportion will improve a bit over time as smaller seed rounds are added to Crunchbase.) It's a bifurcated market, according to Katie Stanton, founder of seed fund Moxxie Ventures. 'You're either an AI elite team that is growing really fast and you're going to raise a ton of capital at Series A from one of the big firms ' or you're everybody else,' she said. In reaction to the market changing, her fund has shifted its strategy, saving a greater proportion ' 60% to 70% for primary capital ' compared to 50% in prior funds. 'We would...
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