US VC activity reached a record high in H1 2026, spearheaded by OpenAI’s $122 billion funding round.
Though this asset class has been less susceptible to disruption amid energy price spikes and AI uncertainty, it is not without its problems. Liquidity is still not widely available, and first-time managers are struggling to enter the market as it becomes more concentrated at the top.
What opportunities exist beyond the mega-IPOs projected to define the H2 market, and how can investors make the most of this environment?
Find out in our 2026 US VC Outlook: Midyear Update, which answers questions such as:
- Where is early-stage deal activity going into H2?
- Is VC liquidity returning?
- Has fundraising bottomed out?
