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VC Investors Shrink as Money Goes to Big Tech Startups

  • The number of active U.S. venture capital (VC) investors has fallen since 2021.
  • Last year, 6,175 VCs invested in U.S.-based companies, down from 8,315 in 2021.
  • Power is concentrated among a handful of big VC firms, leaving smaller counterparts struggling.
  • More than half of the $71 billion raised by American VCs in 2024 came from nine firms.

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