Crunchbase counts a record first half, with more than 70% of Q2 capital flowing to AI companies.
Crunchbase counted a record $510 billion in global venture funding in the first half of 2026, with more than 70 percent of Q2 capital going to AI companies.
Concentration at this level is a signal in both directions: conviction that AI is the platform shift, and a crowded field where differentiation gets harder and dearer.
When 70% of venture dollars chase one category, capital stops being the edge. Distribution, proprietary data, and defensible workflows do. For a build-and-sell thesis, that reframes what an acquirer will actually pay for.
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