Dealogic: 51 US tech IPOs raised $16.8B in 2025, driven by AI and crypto, above the past three-year average but far below 2021's 127 IPOs raising $74.4B (Valida Pau/The Information)

Valida Pau / The Information:
Dealogic: 51 US tech IPOs raised $16.8B in 2025, driven by AI and crypto, above the past three-year average but far below 2021's 127 IPOs raising $74.4B  —  The drought in initial public offerings ended this year, led by big winners in AI and crypto, but gains were rare for companies outside those industries.

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