If You’re Not An Ai Startup, Good Luck Raising Money From Vcs

New PitchBook information illustrates really dramatically AI is dominating startup investment, pinch 2025 on-track to go nan first twelvemonth erstwhile AI accounts for much than half of each VC money invested.

PitchBook reports that VCs person poured $192.7 cardinal into nan manufacture truthful acold this year, retired of a full $366.8 billion, according to Bloomberg. In nan astir caller quarter, AI accounted for 62.7% of nan money invested by U.S. VCs, and for 53.2% of money invested by world firms.

Most of that money is going to marquee names for illustration Anthropic, which announced a $13 cardinal Series F successful September. Meanwhile, nan number of startups and task costs successfully raising money are astatine their lowest levels successful years — PitchBook says that 823 costs person been raised globally truthful acold successful 2025, compared to 4,430 successful 2022.

PitchBook’s head of investigation Kyle Sanford told Bloomberg that nan marketplace is becoming “bifurcated,” wherever “you’re successful AI, aliases you’re not” and “you’re a large firm, aliases you’re not.”