Just three companies dominated the $189 billion in VC investments last month | TechCrunch

"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."

"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 also nabbed a $30 billion Series G at a $380 billion valuation. Lastly, Weymo 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."

Global venture capital reached a record $189 billion in February, with AI startups dominating by securing $171 billion or 90% of total funding. Three mega-rounds drove this surge: OpenAI raised $110 billion at a $730 billion valuation, Anthropic secured $30 billion at $380 billion valuation, and Waymo obtained $16 billion at $126 billion valuation. These three companies alone represented 83% of February's venture dollars and one-third of the entire 2025 year-to-date venture spending of $425 billion. February's funding exceeded January's global VC spend by more than threefold, signaling unprecedented concentration of capital in AI-focused companies.

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