据 Crunchbase 数据，2026 年一季度基础 AI 企业融资达 1780 亿美元，是 2025 年全年的两倍。资金高度集中于 OpenAI、Anthropic 及 xAI 等巨头。2025 年全球 AI 融资总额 2110 亿美元，同比增长 85%，占全球风投半数，超越 2021 年峰值。2026 年最大两轮融资来自 OpenAI 和 Anthropic。数据显示，AI 主导风险投资市场
Artificial intelligence
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Startups
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Venture
Sector Snapshot: Venture Funding To Foundational AI Startups In Q1 Was Double All Of 2025
Mary Ann Azevedo
April 2, 2026
Mary Ann Azevedo
2
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Funding to foundational AI startups, also known as generative AI companies or frontier labs, has doubled in the first quarter of 2026 so far compared to all of 2025, Crunchbase
data
shows.
That funding is increasingly concentrated in a handful of foundational giants, including
OpenAI
,
Anthropic
and
xAI
. In 2025 and early 2026, the market saw a shift to a small number of companies capturing a disproportionate share of global capital.
The broad trend:
After three years of declining or flat venture investment, global startup overall funding grew year over year in 2025, Crunchbase
data
shows. Notably, year-over-year funding growth concentrated in the largest rounds and in the AI sector. Roughly 50% of all global venture funding in 2025 went to companies in AI-related fields, making artificial intelligence the leading sector for funding, as it was for the past three years.
Venture funding to AI overall reached $211 billion — up 85% year over year from $114 billion in 2024 — Crunchbase data shows. Funding to the AI sector in 2025 surpassed every year in the past decade, including the peak global funding year of 2021.
The numbers:
As of March 31, foundational AI startups had raised $178 billion across 24 deals, compared with $88.9
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