- Global VC investment reached US$227.4 billion across 8,440 deals in Q2 2026.
- Combined global VC investment across both Q1 and Q2 2026 reached US$560.4 billion, the highest H1 level recorded in the past five years.
- The Americas alone attracted US$150 billion in VC investment in Q2 2026.
- Asia recorded its strongest quarter since Q4 2021, attracting US$50.8 billion in investment.
According to KPMG Private Enterprise's Venture Pulse Q2 2026 report:
According to the latest Venture Pulse report from KPMG Private Enterprise, global venture capital investment in Q2 2026 reached US$227.4 billion across 8,440 deals, making this quarter the second strongest on record after Q1 2026. With six months remaining in the year, total VC investment across H1 2026 has already climbed to US$560.4 billion, exceeding the annual results of every year except 2021.
Despite ongoing global geopolitical tensions and macroeconomic uncertainty, investors have continued to commit capital to larger transactions, particularly in technology sectors. The ten largest venture capital deals announced during the second quarter of 2026 alone accounted for US$105 billion in total investment.
Key findings from Q2 2026
Global VC investment reached US$227.4 billion in Q2 2026, making this the second-strongest quarter ever recorded for venture capital investment, second only to the first quarter of the same year. Total investment has already reached US$560.4 billion as of mid-year 2026, putting this year on track to become one of the strongest in recent history for venture funding.
The Americas have remained the leading destination for venture capital, attracting US$150 billion in investment, including US$144.9 billion in the United States. Asia has continued to demonstrate upward momentum, reaching US$50.8 billion in investment and marking its strongest quarter since late 2021. Europe, meanwhile, remained stable at US$25.6 billion, with a relatively low number of deals as market players focused more on making larger value investments in a smaller number of startups.
AI-related companies continued to account for many of the largest transactions completed during the quarter. AI safety and research company Anthropic raised US$65 billion, followed by artificial intelligence startup Prometheus with US$12 billion, and AI research company DeepSeek with US$7.4 billion. Corporate venture capital investment also remained strong, reaching US$149.1 billion globally in the second quarter of the year.
The market for venture-backed exits strengthened significantly. Global exit value reached a record US$1.9 trillion in Q2 2026, largely driven by the IPO for spaceflight and telecoms company SpaceX, following its merger with AI and social media firm xAI to form SpaceXAI. By mid-year, total global VC-backed exit value reached US$2.3 trillion.
Outlook for Q3 2026
Artificial intelligence is expected to stay a major focus for investors over the course of the remainder of the year. Defence technology, fintech, and health and biotech are also expected to continue to attract investment. Market participants will be closely watching activity at earlier funding stages, as well as developments in the market exit stage, for indicators of broader venture capital market conditions.