Although technically the first quarter ended only two weeks ago, it appears to be a longer one during the market time.
In recent days, we have seen a market crash caused by a tariff, partial reflection and output pipeline, which passed from heating to effectively stopped. As a result, our fresh quarterly data on the most active investors already appear to have a retro climate.
It was an optimistic atmosphere while it lasted. The global startup investment has reached the highest level for years, powered by AI enthusiasm.
The most profitable projects have also increased their game. Of the 14 most active post-enthusiasts, most of them supported more transactions in the first quarter of 2025 than a yr ago, like the chart below.
For the finished quarter, Y combinator He had rating No. 1 among post-enthusiasm investors. At first glance, this seems a bit surprising, because it is best often known as an accelerator at the seed stage.
However, Y Combinator puts more the capital in subsequent rounds for promising participants of the accelerator. This includes rates in large offers in the last quarter, comparable to the supervision supplier The safety of the herd$ 275 million of the F series and Rocket developer Stoke SpaceSeries C. $ 260 million
Meanwhile, the other leaders on our most-active list of Venture investors belong to “ordinary suspects”-hungry investors comparable to investors between LightSpeed PartnersIN Andreessen Horowitz AND General catalyst.
More money was also invested
The major investors are seriously seriously approaching expenses in the first quarter. This is demonstrated by our list of investors who ran or jointly ran rounds price over $ 500 million, charts below.
Of course, there is one name that has many miles at the forefront for the expenditure of the investor: Softbank. His investment by $ 40 billion Openai (of which $ 10 billion comes from the Syndicate of Co -Investors) is the largest investment of the undertaking of all time.
Although Softbank didn’t need other great offers to overthrow the highest place, it was a bit. Large rounds of Q1 led by Softbank Vision Fund switch on I would like to calculateFinancing $ 230 million, Nagase energySeries C price $ 130 million and CyberasonSeries $ 120 million H.
Lightspeed took second place the most essential investor in Q1, running or dinner rounds jointly valued at $ 4.25 billion. Most of them got here from financing the march of $ 3.5 billion Anthropic.
The most active leading investors
Lightspeed from the Silicon Valley was also the most active investor of the leading undertaking in response to the round in the first quarter, leading or correspondence nine offers for NASO.
Because the feeling of who was still busy with leading offers, below we have appointed 16 most active investors in this record.
There was a three -sided draw for the next most active leading investor with Andreessen HorowitzIN Capital sequoia AND Accel Each leading or eight rounds in Q1.
The most diligent dealists of seeds
The sums of financing of sequentially weakened seeds were reported and yr -on -year in Q1. However, the most active seeds of seeds remained quite busy, as evidenced by the chart below, in the rating of the most attempts of traders in this quarter.
As usual, Y Combinator went out on top, with 209 seeds reported and in front of the seeds. Next was ShovelSeed and early stage investor present in over 20 countries that supported at least 34 global rounds.
Q2 is at an extraordinary start
Having the first quarter behind us, it normally seems that it is appropriate to supply forecasting about the activity of the previous ones guarantees to be the coming weeks.
This time, nevertheless, plainly Q1 lessons probably do not apply. Considering the dramatic, mainly negative port on public markets, the stopped IPO market and additional costs and complexities of international trade, startup investors will consider recent rounds with a modified way of considering.