News Summary

• Q1 2026 was a bumper quarter in venture capital.
• Investors deployed $300 billion of fresh capital, more than double the previous quarter.
• $188 billion of that cash went to four companies – OpenAI, Anthropic, xAI, and Waymo – accounting for 60% of all venture capital deployed in Q1.
• Investors are gravitating towards sectors like robotics, defence, photonics, biotech, and novel compute.
• Raising money outside AI is a tough ask in 2026, but that doesn’t mean every company needs to become an AI company.