Fintech's AI wave.

VC's frothy Q1.

Palantir strategy map.

 

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April 12, 2025

Hi there,

 

Here are this week's top research briefs.

ICYMI

 

State of Fintech Q1’25 Report

From AI’s growing dominance to a crypto resurgence, we break down the trends shaping fintech using CB Insights data.

more fintech dealmakers are looking to AI

AI GI Joe: Defense tech goes on the offensive

Investors and corporates are swarming the defense tech industry. We look at how AI is fueling the market's rise, as well as the top deals and most active investors of 2025.

defense tech goes on a funding offensive-1

State of Venture Q1’25 Report

AI grabs 1 in 5 venture deals. Early-stage deal sizes balloon. Billion-dollar M&A deals sweep the tech landscape. Here’s everything you need to know about VC.

frothiest startup funding market
Shopify’s next move: How the e-commerce giant is evolving into a full-stack platform for commerce and media

Shopify is positioning itself as the go-to infrastructure layer for global commerce — challenging incumbents like Salesforce and Adobe. We examine how its recent partnerships, acquisitions, and product expansions reflect near- and long-term strategic priorities.

shopify strategy map-1

Customer-Exclusive Research

 

From the battlefield to the factory, Palantir is going on an AI offensive

We mined Palantir's investments and partnerships since Q1’23 to discern the company's strategic priorities.

Palantir-SM-042025 final

Analyzing In-Q-Tel’s investment strategy: Where the global security investor is betting to enhance the national security of the US and its allies

In-Q-Tel’s investment activity has implications for the private and public sectors. We mined its bets since Q2’22 to uncover the technologies it’s prioritizing, from biological computing to AI security.

in q tel iqt investment thesis map FI

The AI in defense tech market map

From unmanned ground vehicles (UGVs) to geospatial intelligence (GEOINT), we break down the categories of tech companies transforming military operations with AI. 

AI-in-defense-tech-market-map-08-2024-v2-1

Have a great weekend.

 

I love you. 

 

 Anand

@asanwal

Co-Founder & Exec Chair

 

P.S. On April 24, we spotlight the 100 AI startups set to define 2025. Lock in your spot before it fills up. 

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