The rise of the machines: How AI is turning corporate venture capital upside down

Corporate venture capital used to run on instinct, relationships, and a healthy dose of internal diplomacy.  You built a thesis, flew to the conferences, shook the hands, and spent a good chunk of every quarter explaining to your business unit why a gut-microbiome startup in Estonia aligns with the core mission of making an allergy medicine.

Then AI showed up. And like every disruption before it, it arrived with both promise and confusion. Venture teams now compete not just with rival funds, but with algorithms that can source deals, run diligence, and draft a board update faster than most of us can find the right Zoom link. READ MORE

The 7 Largest NYC Tech Startup Funding Rounds of August 2026

Looking at the largest NYC startup funding rounds from August 2026, leveraging AlleyWatch’s proprietary funding data, we’ve analyzed the most significant venture capital deals of the month. Beyond the raw funding numbers, this month’s report includes detailed information about each company’s industry focus, founding team, business model, and total funding history to provide deeper context about these high-growth NYC ventures. READ MORE

Donald Trump Jr.'s venture capital firm rejects House Democrat's accusations of "insider political influence"

Donald Trump Jr.'s venture capital firm punched back Tuesday at suspicions cast by a key congressional Democrat about potential "insider political influence," likely foreshadowing the political showdowns in the U.S. House if control of the chamber flips in the November elections.

In a letter shared with CBS News, the legal counsel for the president's eldest son's firm, 1789 Capital, rejected Rep. Jamie Raskin's characterizations of the firm and criticized his "spaghetti-against-the-wall approach." The firm did not provide the materials requested by Raskin. READ MORE

Balancing caution, AI acceleration and liquidity in M&A

Middle-market M&A and venture capital are operating in a market defined by selective deployment and heightened discipline. While capital reserves remain substantial, buyers and investors are deeply scrutinizing seller fundamentals to prioritize the best companies and the best fit. Also a major factor is artificial intelligence, which has emerged as both a complex source of diligence friction and a powerful valuation catalyst, one that’s reshaping how deals are priced, built and won.

According to Brian Zuercher, a partner with The Northbound Group, today’s M&A market can be defined as a simultaneous mix of caution and rapid deal-making. READ MORE

Start-Ups Do Not Need Big VC Deals To Succeed

The apparent race between OpenAI and Anthropic for stock market listings that could value each at more than $1 trillion is just the latest episode in the two companies’ dash for cash to fund their AI ambitions. Only in May Anthropic raised $65 billion, which came on top of a $30 billion fund raising in February, while in March OpenAI announced it had secured funding of $122 billion.

But examples from eastern Europe suggest that it is perfectly possible to become a global technology company without access to Silicon Valley capital. One of the best known is Bitdefender, a cybersecurity company that grew out of a software business founded by Florin Talpes and his wife Mariuca shortly after the fall of communism in Romania. Although it is now a global entity with a headquarters in Bucharest and a key security operations center in San Antonio, Texas, it bootstrapped its way through its early years. READ MORE

‘The whole system is now more investable’: Reservoir makes the case for ag robotics

When growers are testing new ag robots, they will usually tell you one of two things, observed Ben Palone at Western Growers at the inaugural Ruggedize conference at Reservoir Farms in Salinas: “They’ll say it’s alright, which means its working great, or it’s a piece of sh*t.”

Growers, said Verdant Robotics* CCO Curtis Garner, expect your machine “to just work. Bombproof, reliable, and if something breaks, swap it.” And they will always “buy reliability before they buy innovation,” added John Deere business integration manager Sean Sundberg. READ MORE

Personal Assistants Are Suddenly Venture Capital’s New Obsession.

Town, a startup that builds AI personal assistants for businesses, is in negotiations to raise funding at a valuation of about $1 billion.

Index Ventures is leading the round, according to the industry newsletter Newcomer. The fresh financing would make Town, dubbed “Silicon Valley’s new favorite AI tool” by Inc., the second personal-assistant company in a week to achieve unicorn status in what Newcomer calls a “personal agent frenzy.” READ MORE

America's Top Venture Capital Firms of 2026

The U.S. venture capital industry is one of the most impressive economic growth engines this country has. Seven of the top ten companies by market capitalization today were VC-backed when they were young, innovative, and very risky. My research with Will Gornall shows that companies that received VC funding and subsequently went public now account for nearly half of the U.S. market capitalization and 94% of R&D spending among all public companies founded in the last 50 years. Today, global VC assets under management stand at nearly $3.5 trillion, spread across more than 11,000 institutional VC firms. Those firms have backed a quarter of a million companies, including almost 4,000 unicorns. READ MORE

Growth Equity vs Venture Capital and Buyouts: Key Differences

Global assets under management of growth equity strategies exceeded $1.2 trillion in 2024, making it one of the fastest-maturing segments of private equity. Its share of total private equity fundraising has averaged around 20% since 2008. As technology, healthcare, and consumer goods companies grow beyond venture capital funding capabilities but do not yet have the cash flow maturity that traditional buyout funds seek, an intermediate layer of capital is now treated as a distinct, stand-alone category rather than a transitional stage. READ MORE

Suspecting ‘Insider’ Dealings and ‘Corruption,’ Raskin Probes Donald Trump Jr.’s Venture Capital Firm

Just two years ago, 1789 Capital Management “was a struggling venture capital firm that earned consistently disappointing results by serially investing in total market flops,” but after recruiting President Donald Trump’s eldest son in the wake of the 2024 US election, it “suddenly had the Midas touch,” a key congressional Democrat highlighted this week, launching an investigation.

House Judiciary Committee Ranking Member Jamie Raskin (D-Md.)—a lawyer who managed the historic second impeachment of the president—revealed Thursday that the previous day he had sent a letter demanding answers from Donald Trump Jr., who is a partner at 1789 Capital, as well as company president Omeed Malik and chief investment officer Christopher Buskirk. READ MORE

Anthropic's Record $65.3 Billion Single-Quarter Fundraising Drives Global VC to $227.4 Billion in Q2, Second-Highest Ever

Global venture capital markets delivered their second-highest quarterly total on record in Q2 2026, reaching $227.4 billion, fueled by mega-deals in artificial intelligence. U.S. AI company Anthropic led the charge with the largest single fundraising round in history at $65.3 billion, while Project Prometheus and China's DeepSeek raised $12 billion and $7.4 billion respectively. The Americas dominated with $150 billion in investment, while Asia posted its best performance since late 2021 at $50.8 billion. Corporate venture capital participation surged to $149.1 billion, underscoring major corporations' aggressive AI positioning. On the exit front, SpaceX's merger with xAI and subsequent Nasdaq IPO—the largest in history—raised $75 billion, propelling global exit values to a record $1.9 trillion. Defense and space technology also gained prominence, with Anduril and ICEYE completing substantial funding rounds. Looking ahead to Q3, AI investment is expected to expand from model development into industrial applications including robotics and embodied intelligence. READ MORE

The July 2026 US Venture Capital Funding Report

US startups raised $19.44B across 492 companies in July 2026, a month defined by a convergence of mega-rounds in artificial intelligence infrastructure, energy, and robotics that pushed the late-stage total to $12.26B — 63% of all capital raised. The top four rounds alone accounted for more than $5.95B, led by Joulent, Atoms, Fireworks AI, and SambaNova. Beneath the headline figure, 401 Series A and early-stage deals collectively raised $4.45B, reinforcing the depth of the innovation pipeline across the country even as capital concentrated sharply at the top. READ MORE

The venture secondary market’s biggest names are leaving. Now what?

SpaceX went public. Both OpenAI and Anthropic are preparing IPOs at valuations that could clear $1 trillion. For years, these three names have dominated venture secondary volumes, and now they are all leaving the secondary market at once. This analyst note breaks down what happens when a market this concentrated loses its biggest companies, and which startups are already positioned to become the next generation of trophy names.

Growth this fast does not come without friction. Anthropic’s crackdown on special purpose vehicles (SPVs) spooked secondary investors who feared their shares had been nullified overnight. A patent lawsuit between Nasdaq Private Market and Hiive could decide who controls the trading infrastructure for the entire industry. Fraud and inflated fees, already attaching a stigma to SPVs, are about to get worse as SpaceX’s lockups expire and years of opaque dealmaking finally become clear. READ MORE

Defense Tech Investment Hits Record High as Arms Giants Ramp Up Startup Funding

Investment in defence tech start-ups has reached a record high this year as the world’s biggest arms companies step up spending on new military technology.

New figures from Dealroom show defence contractors including BAE Systems, Lockheed Martin and Airbus have participated in $4.1bn (£3bn) of venture capital funding rounds so far this year, the highest figure on record. READ MORE

Two-thirds of all venture capital is now flowing to AI startups and non-AI founders are feeling it

If you're raising a seed round for a non-AI startup right now, you're not just competing with other startups. Look at who else is in the room. OpenAI, Anthropic, xAI, and Waymo together raised $188 billion in Q1 2026, according to Crunchbase. Four rounds. That was about 65% of all global venture investment for the quarter. The market did not simply get bigger. It split.

Crunchbase put Q1 global startup funding at about $300 billion, while TechCrunch, citing the same data set, reported $297 billion. Either way, the number is absurdly large. AI companies took roughly $242 billion, or about 80% of the total, according to Crunchbase's April 1 report. That is not a broad venture recovery. It is a handful of companies pulling the oxygen out of the room. READ MORE

Venture Capital Hit $412 Billion. Most Founders Won’t See a Dollar of It. Here’s the Playbook They Need

It’s been a record year so far for venture capital. And the latest data shows that in 2026, capital is more concentrated than ever — bigger checks to fewer companies. 

U.S. startups raised $412.7 billion in the first half of 2026 — up nearly 30 percent from last year, according to data released this month by PitchBook and the National Venture Capital Association.   READ MORE