Q1 2026 global VC hits record $330.9 billion with AI capturing 80 percent

KPMG data: Q1 2026 venture funding reached $330.9 billion, a quarterly record. AI accounted for roughly $242 billion (80 percent). OpenAI closed a $122 billion mega-round on April 1 at $852 billion post-money, while SpaceX confidentially filed for IPO that day targeting a $175 billion valuation.