PitchBook: US venture funding hits $412.7B in first half as AI deals dominate

US venture funding hits $412.7B in H1 2026 with AI deals dominating capital.

U.S. venture capital deal value hit $412.7 billion in the first half of 2026, nearly 30% more than investors put to work in all of last year — and a small cluster of giant artificial intelligence rounds accounted for almost the entire jump. That’s according t…