Two companies raised three in every ten venture dollars
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Ranked by a public rubric, not by votes: what a comment adds counts, not who wrote it. How comments are ranked · Comment rules
Summary
Datahyena's analysis of 7,984 disclosed venture equity rounds from October 2025 to September 2026 finds that OpenAI and Anthropic together raised 29.9% of the money, and 79 rounds of $1B or more took 58.6% of the total. Rounds under $10M, half of all deals, took just 2.0%.