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Global VC Hits Record $510B in H1 2026, OpenAI and Anthropic Claim 43%

Summary: Crunchbase reports global startup investment hit $510B in H1 2026 — already above 2025's full-year $440B — with OpenAI and Anthropic together pulling in $217B, or 43% of all global venture capital.

Key Points

  • $510B in H1 2026 surpasses all of 2025 ($440B) in just six months
  • OpenAI + Anthropic raised $217B combined; Anthropic alone closed a $65B round in Q2
  • More than 70% of Q2 VC went to AI companies, up from under 50% one year prior
  • 16 rounds of $1B+ closed in Q2, totaling $108.6B — 53% of the quarter's entire investment
  • Mega-rounds are expanding beyond foundation models into AI infrastructure, defense, robotics, and healthcare

Why It Matters

The numbers confirm venture capital has effectively restructured around AI. Concentration at this scale — two companies absorbing 43% of all global VC — is historically unprecedented. It signals both the scale of capital chasing frontier AI and how little is reaching other sectors, a dynamic limited partners are increasingly flagging as they reassess portfolio diversification.

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