Map / Money and funders
Venture capital funds
Venture capital funds (Thrive, Andreessen Horowitz, Sequoia, D. E. Shaw, Valor, Accel and others). Private equity investors in AI startups and labs. In the biggest lab rounds they are a minority next to corporate investors (Amazon, Nvidia, SoftBank).
Depends on
No sourced links yet.
Supplies
- Anthropic: Series G at $380B, led by GIC (sovereign) and Coatue. Equity investment, $30B. Orrick, 2026-02-17
- Anthropic: Series H at $965B, led by Altimeter, Dragoneer, Greenoaks, Sequoia. Equity investment, $65B. Orrick, 2026-05-29
- OpenAI: Andreessen Horowitz and D. E. Shaw (co-leads), Sequoia, Thrive and others in the $122B round. VC amounts were not disclosed. About $9B to $12B of the round is not attributed to Amazon, Nvidia or SoftBank. Equity investment, amount not disclosed. The Next Web, 2026-03-31
- SpaceXAI (xAI): xAI Series E (Valor, StepStone, Fidelity, QIA, MGX, Baron, Nvidia, Cisco). Equity investment, $20B. StorageNewsletter (edited xAI press release), 2026-01-12
AI money
2026 to date. We could not open PitchBook or Crunchbase 2025 full-year tallies. See gaps.
Where the money comes from
Nothing sourced yet.
Where it goes
| What | Amount | Period | Detail and source |
|---|---|---|---|
| Investing in AI companies to OpenAI | amount not disclosed | March 2026 | Andreessen Horowitz and D. E. Shaw Ventures co-led OpenAI's $122B round with SoftBank. Sequoia and Thrive also invested, and retail investors put in $3B via banks. VC amounts were not disclosed. Amazon (up to $50B), Nvidia ($30B) and SoftBank ($30B) supplied up to $110B of the $122B. The Next Web, 2026-03-31 |
Who it depends on for revenue
- In 2026 the top three labs raised at least $237B in four rounds: OpenAI $122B (Mar), Anthropic $30B Series G (Feb) and $65B Series H (May), and xAI $20B Series E (Jan). That is our sum of reported round sizes. Global venture investment in Q1 2026 alone was reported at $297B, 2.5x the prior quarter (source not named by the publisher). Much of the labs' money came from corporates, not VC funds. UAE Preferred, 2026-07-02
Money flows with other companies
| Money from | Money to | Type | Amount | What, and source |
|---|---|---|---|---|
| Venture capital funds | Anthropic | Equity investment | $65B | Series H at $965B, led by Altimeter, Dragoneer, Greenoaks, Sequoia 2026 Orrick, 2026-05-29 |
| Venture capital funds | Anthropic | Equity investment | $30B | Series G at $380B, led by GIC (sovereign) and Coatue 2026 Orrick, 2026-02-17 |
| Venture capital funds | SpaceXAI (xAI) | Equity investment | $20B | xAI Series E (Valor, StepStone, Fidelity, QIA, MGX, Baron, Nvidia, Cisco) 2026 StorageNewsletter (edited xAI press release), 2026-01-12 |
| Venture capital funds | OpenAI | Equity investment | amount not disclosed | Andreessen Horowitz and D. E. Shaw (co-leads), Sequoia, Thrive and others in the $122B round. VC amounts were not disclosed. About $9B to $12B of the round is not attributed to Amazon, Nvidia or SoftBank. 2026-03-31 The Next Web, 2026-03-31 |
Amounts in US dollars. "Up to" amounts are maximums or depend on conditions. See Does it add up? for the full picture.
Data as of 2026-10-30. Cite as: Ye, Mike. "Venture capital funds" (venture-funds). AI Lattice, dataset v0.3.0. https://ailattice.ai/e/venture-funds/. How to cite.