... billion—is emerging, with Europe, India, and the Middle East producing their own unicorns thanks to active local funds. Revitalization of the IPO Market: The Exit Window is Open After an extended pause, the market for initial public offerings is reviving. Successful IPOs of major tech startups signal that the exit window for venture investors has reopened. In July, the company Figma made a sensational debut on the stock market, with its shares soaring more than three times from the offering price, becoming one of the most impressive ...

... Bullish (whose investors include billionaire Peter Thiel) has filed for a U.S. listing under the ticker BLSH, aiming for a valuation of around $4 billion. The resurrection of IPO activity encompasses a wide range of companies—from fintech to crypto startups. For the venture ecosystem, the continuation of the IPO wave is crucial: successful public exits finally allow funds to realize profitable exits and direct freed-up capital into new projects. Despite persisting selectiveness among investors, the prolonged "window" encourages more startups to consider going public ...

... landmark day for startups and venture investments. Amid the ongoing AI boom, we are witnessing a rapid development of the venture market. Firms operating in the fintech and biotech sectors are attracting increasing attention from investors. We explore how successful IPOs in 2025 are shaping new trends in startup investments and which companies may influence global expansion. The article will also examine how venture funds are adapting to rapidly changing conditions and the opportunities they present for technology investments. Read on to learn about the ...

... show activity: for example, venture firm Kama Flow launched a new fund of 10 billion rubles for investments in mature startups. Even under sanctions, the market is seeking opportunities to fund priority technologies and is striving to cultivate its own successful "unicorns." Simultaneously, some regional startups are reaching new heights. For instance, the Krasnodar foodtech project Qummy raised 440 million rubles at a valuation of ~2.4 billion rubles, preparing for an IPO—this case demonstrates the seriousness of even regional initiatives. Additionally,...

... started becoming active: for example, the venture firm Kama Flow launched a new fund worth 10 billion rubles for investments in mature startups. Even amidst sanctions, the market is seeking ways to finance priority technologies and aims to nurture its own successful "unicorns." Meanwhile, certain regional startups are reaching a new level. For example, the Krasnodar-based food tech project Qummy raised 440 million rubles at a valuation of ~2.4 billion rubles, preparing for an IPO — this case demonstrates the seriousness of even local initiatives. Additionally,...