Venture Pulse Q2 2026: Global Analysis of Venture Funding (KPMG Switzerland)

Summary

• Global VC investment fell from a record $332.9 billion in Q1'26, which included a $122 billion raise by OpenAI.p.5
• US VC-backed companies raised $144.9 billion across 3,644 deals, led by $65 billion for Anthropic, $12 billion for Project Prometheus and $5 billion for Anduril Industries.p.19
• The Americas attracted $150 billion across 3,999 deals, while Asia reached $50.8 billion across 2,676 deals, its fourth consecutive quarter of improvement.p.5
• SpaceX raised $75 billion in the largest IPO in history on the Nasdaq, and AI chipmaker Cerebras raised $5.5 billion in its IPO.p.6
• CVC investment in the US is well on pace to exceed the four-year annual average by more than 25 percent.p.20

Key insights

1. Netherlands-based QuantWare raised $178 million and Germany-based eleQtron raised $66 million in quantum computing.p.6
2. US-based Quantinuum raised $1.6 billion in an IPO on the Nasdaq, earning a valuation of $17.6 billion.p.6
3. SpaceX raised an additional $10.7 billion after greenshoe options were exercised, at a valuation of over $2 trillion.p.6
4. Canada attracted $1.46 billion across 183 deals, including a C$130 million raise by challenger bank Koho at a valuation of C$1.33 billion.p.34
5. In Brazil, AI-powered legaltech Enter became Latin America's first AI unicorn through a $100 million Series B raise at a valuation of $1.2 billion.p.35