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Stock impact report

AI and a new scale of startups took US venture debt funding to another record [Yahoo! Finance]

First Citizens BancShares, Inc. - Class A (FCNCA) 
Company Research Source: Yahoo! Finance
Larger institutions continuing to double down on venture debt and companies seeking bigger checks fueled 2025's record activity. “The big boy firms are coming down to the market because it's worth their time now,” said Marshall Hawks, an alum of Silicon Valley Bank and author of a new book on venture debt. “The check sizes are way more meaningful to them now, so they're coming to the table.” Deal activity topped 2024's record of $61.1 billion. There were fewer transactions, though, with deal count dropping from 1,168 deals in 2024 to 943 in 2025, a 19.3% drop . In the wake of SVB's collapse in 2023, it was non-bank lenders that swooped in to fill the void. But traditional banks have been increasingly growing their portfolios recently, thanks to the talent they scooped up from SVB and growing lending opportunities to startups. “It used to be: someone might have asked for $10, $20, $30 million and that's just not big enough to get those big private credit firms interested or Show less Read more
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