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PitchBook – Venture Monitor, 2Q 2025

Summary

The main theme is an overview of the venture capital ecosystem in the US for the second quarter of 2025.

Key findings include market instability caused by tariffs negatively impacting IPOs and a significant recovery of the IPO index following a recent surge of high-performing listings.

Region: North America 
Published: October 2025 
Author(s): PitchBook 
Language: English 
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