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Why the IPO market no longer sees small VC-backed tech

SVCO

Based in Silicon Valley and focused on semiconductor design, this week's tech IPO Silvaco (SVCO) looks like the type of deal that 10 years ago would have been backed by venture capital. But VC-backed tech IPOs with less than $100 million in sales largely don't exist anymore. So what happened? Over the past decade, the number of small-cap tech deals has... ...read more

Updated: Renaissance Capital's 2023 US IPO Market Review

ARM

US IPO Market Slowly Rebuilds in 2023 After sinking to historic lows in the prior year, the US IPO market started to rebuild in 2023, laying the groundwork for the next upcycle. 108 IPOs raised a combined $19.4 billion, a slow year by historical standards but a significant increase from 2022. Issuance was weighed...read more

US IPO Market Update - November 2023 (Video)

IPO

Renaissance Capital's Director of Research, Nick Einhorn, and Senior IPO Market Strategist, Matt Kennedy, discuss the state of the US IPO market halfway through the fourth quarter of 2023. ...read more

Updated: Renaissance Capital's 3Q 2023 US IPO Market Review

ARM

Large Tech IPOs Stage a Comeback in a Volatile 3Q The third quarter of 2023 produced 30 IPOs that raised a combined $7.8 billion, more than the proceeds raised in the full-year 2022 despite no significant increase in deal count from previous quarters. Chip giant Arm led activity, raising $4.9 billion in the largest...read more