H1 2026 U.S. Venture Funding Hits $412.7B — 86% Concentrated in AI

Tech Startups·medium signal

U.S. venture funding reached $412.7B in H1 2026 with roughly 86% ($355.9B) concentrated in AI, per figures circulated July 13, with mega-rounds for frontier labs and infrastructure players driving the headline number. The concentration underlines how thoroughly capital has consolidated around a handful of model and compute companies. For solo builders, downstream tooling budgets and acquisition appetite remain unusually high.