After three years of tense reductions, the skies are clearing over Silicon Valley, and startup investors seem broadly optimistic about a resurgence in tech dealmaking. AdvertisementIn 2025, venture capitalists expect a loosening of antitrust regulations under the new presidential administration. Established funds raised the lion's share of funding dollars, while many newish and boutique funds struggled to raise. "Uncertainty breeds defense, optimism breeds offense," said Matt Murphy, a partner at Menlo Ventures and early Anthropic investor. AdvertisementFrom IPOs to robotaxis, these are the tech trends to watch in 2025, according to venture capitalists.

---

Persons: Andreessen Horowitz, Brian Garrett, Trump's, Ivan Nikkhoo, Matt Murphy Organizations: Insight Partners, Sapphire Ventures, Crosscut Ventures, White, Menlo Ventures Locations: Silicon Valley, robotaxis