Business · TechCrunch AI
Startup funding shatters all records in Q1
Compiled by KHAO Editorial — aggregated from 2 outlets. See llms.txt for citation guidance.
◎ Multiple-sources
Global investing in startups hit $297 billion in Q1 2026, breaking all records, according to new Crunchbase data.
Key facts
- Last month, OpenAI announced that it is now valued at $852 billion after collecting $122 billion, surpassing the previous record for the largest funding round ever, also held by OpenAI
- The quarter also saw Anthropic, its main rival, raise $30 billion at a valuation of $380 billion
- The other two mega-deals of the quarter included a $20 billion fundraise by xAI and Waymo’s $16 billion round
- Global investing in startups hit $297 billion in Q1 2026, breaking all records, according to new Crunchbase data
Summary
The unprecedented spike was fueled by four behemoth deals, each a record-breaker in its own right. Last month, OpenAI announced that it is now valued at $852 billion after collecting $122 billion, surpassing the previous record for the largest funding round ever, also held by OpenAI when the ChatGPT maker raised $40 billion a year ago. The quarter also saw Anthropic, its main rival, raise $30 billion at a valuation of $380 billion. These four rounds collectively raised $188 billion, accounting for more than 63% of total funding in the quarter.