Private-credit crowding vs crisis risks & tokenized-RWA relief
Key Questions
What share of global VC is deep tech?
Deep tech accounts for 20% of global VC funding, per BCG/McKinsey.
What was North America Q1 VC funding record?
NA Q1 hit $252.6B record, with AI comprising 81%.
What is CMU's deep tech program?
Carnegie Mellon launched a $240M deep tech venture-ready program backed by Accel, Khosla, and DCVC.
What was recent US seed funding total?
US seed funding totaled $29.5M across deals in the Mar 27-Apr 3 week.
How are family offices investing in AI?
Family offices are making direct investments, e.g., Arena's $230M, pulled by AI gold rush into riskier bets.
What VC fund did OpenAI alums launch?
OpenAI alumni launched a $100M Zero Shot fund, already writing checks for next-gen AI startups.
What risks face private credit (PC)?
PC faces a $3T reset with crowding and crisis risks; Blackstone and Schwab warn of investor behavior shifts and liquidity crunches like Blue Owl/KKR redemption limits.
What secondary and RWA developments are noted?
Korea mulls $1.3B secondary fund for VC exits; IMF highlights $28B in tokenized real-world assets (RWAs) for relief.
Deep tech 20% global VC (BCG/McKinsey); NA Q1 $252.6B record (AI 81%); CMU $240M deep tech program (Accel/Khosla/DCVC); seed $29.5M; family offices direct (Arena $230M); OpenAI alums $100M; PC $3T reset; Blackstone warnings; Korea $1.3B secondary; IMF $28B RWAs.