mega-funds2026-06-27 01:01:13Data Deep-Dive: 20 Mega-Funds' Seed Round Dominance and Where Emerging Managers Can Still WinA comprehensive analysis of 20 top venture capital firms with over $10 billion in AUM, spanning the SaaS era, zero-interest-rate era, and the current AI era, reveals how mega-funds are systematically capturing seed-stage deals. Transaction volumes have increased 2.37x since the SaaS era, and AI era activity remains at record levels despite rate hikes. Mega-funds convert seed to Series B at 3.7-4.2x the market average, but rapid deployment erodes that advantage—precisely the gap where disciplined emerging managers can thrive by focusing on niche sectors and executing with conviction.530
seed round2026-06-26 20:01:05How a16z and Mega-Funds Are Eating Seed Rounds: 10-Year Data from 20 Top VCs Reveals a Structural ShiftBased on Harmonic data covering 20 mega-funds (AUM >$10B) across three eras (SaaS, Zero Interest, AI), this study analyzes their seed investment behavior. Key findings: mega-funds' seed-to-Series B conversion rates are 3.7-4.2x the market average, but this advantage erodes with scale; in the AI era, over 66% of funds set record-high early-stage allocations, with Sequoia, GC, and a16z allocating 40-50% of their deals to seed; concentration is in enterprise AI and cybersecurity, with lead rates varying widely; the Danger Index ranks General Catalyst, a16z, Sequoia, and Accel as the biggest threats to emerging managers. For EMs, survival lies in niche sectors, disciplined selection, and staying small while being founder-close.480
Renaiss2026-06-18 19:00:51Renaiss Raises $1.5 Million Seed Round Led by YZi LabsRenaiss, a liquidity infrastructure project for real-world collectibles, has completed a $1.5 million seed round led by YZi Labs, with participation from Gate Ventures, Hash Global, XIN Family and Redline Labs.2020
BULK2026-06-02 01:44:25Solana Co-founder Backed Perp DEX BULK Launches Season 1 Points ProgramThe Solana-based perpetual DEX BULK has launched its Season 1 points program with pre-deposits now open, distributing 1M AURA points weekly until launch. The project previously raised an $8M seed round with participation from Solana's co-founder.650
BULK2026-06-02 01:44:25Perp DEX BULK, Backed by Solana Co-Founder, Launches Season 1 Points Program with 1M AURA WeeklyBULK, a perpetual contract DEX on Solana, has launched its first season points program with pre-deposits open, distributing 1 million AURA points weekly until mainnet launch. This follows an $8M seed round led by 6th Man Ventures and Robot Ventures, with participation from Solana co-founder Anatoly Yakovenko.630
