OpenAI Round Will Make Q1 Biggest Quarter on Record
Global venture capital investment by stage, Q1 2010 – Q1 2026 (YTD). Figures in USD. *Q1 2026 data to 19 Feb.
Startup capital <$15M
Breakout capital $15M–$100M
Scaleup capital $100M+
OpenAI round (pending close)
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Even excluding the pending OpenAI round, Q1 2026 YTD scaleup capital of $104.7B already rivals the strongest full quarters on record.