VC Funding Exploded to $189B in February — Three Companies Got 83%
Global venture investment shattered records in February, with OpenAI, Waymo, and Anthropic gobbling up the vast majority.
February was the biggest startup funding month ever recorded. Global venture investment hit a staggering $189 billion, according to Crunchbase data. That's a 780% jump year-over-year.
The AI boom is driving virtually all of it. Three companies — OpenAI, Waymo, and Anthropic — absorbed 83% of the month's total. That's roughly $157 billion flowing into just three names.
Let that sink in. Three companies. $157 billion. One month.
The concentration is remarkable even by Big Tech standards. The broader venture market is riding an AI-fueled wave, but the spoils are landing in very few hands. Everyone else is fighting over the remaining 17%.
February's record smashes any previous monthly total for startup funding globally, cementing AI as the dominant force reshaping venture capital.