Just three companies dominated the $189B in VC investments last month

In Brief Posted: 2:38 PM PST · March 3, 2026 Image Credits:Nuthawut Somsuk / Getty Images Dominic-Madori Davis Just three companies dominated the $189B in VC investments last month AI continues to dominate the venture world, per a new Crunchbase report. A record $189 billion of global venture capital flowed to startups in February, according to the report. AI startups overall raised $171 billion, or 90% of the capital raised last month. It’s a stunning number that feels like only the start. That record spending was more than three times the global VC spend in January and was dominated by mammoth funding rounds from just three companies: OpenAI, Anthropic, and Waymo. OpenAI’s latest $110 billion raise led the pack. It was one of the largest private rounds ever raised and valued the company at $730 billion. Its rival Anthropic nabbed a $30 billion Series G at a $380 billion valuation. Lastly, Waymo raised $16 billion at a valuation of $126 billion. These three companies alone were responsible for 83% of the venture dollars raised last month. The amount raised by just OpenAI, Anthropic, and Waymo last month was one-third of the total $425 billion venture spend in 2025, according to Crunchbase. Topics Anthropic, In Brief, OpenAI, Startups, Venture, Waymo June 9 Boston, MA Actively scaling? Fundraising? Planning your next launch?TechCrunch Founder Summit 2026 delivers tactical playbooks and direct access to 1,000+ founders and investors who are building, backing, and closing.Register by March 13 to save up to $300. REGISTER NOW Newsletters See More Subscribe for the industry’s biggest tech news TechCrunch Daily News Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility TechCrunch Mobility is your destination for transportation news and insight.

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