While the venture capital market broadly struggles, top firms and startups are chugging along, according to new data and analysis on the first half of the year from research firm PitchBook Data. 

This splitting of the market has created a haves and have-nots environment for both companies and firms, where many venture firms and startups are struggling to raise capital even as stalwart firms and hit startups — many of which are focused on artificial intelligence — are able to raise funds, said Kaidi Gao, a venture analyst at PitchBook.