This Month in Venture Capital

What’s Driving Venture Capital in 2026

Venture capital in April 2026 is being shaped by one dominant force, AI is taking a disproportionate share of global funding. The rest of the market has not disappeared, but it has become far more selective, more valuation-sensitive, and increasingly focused on liquidity.

For Australian investors and founders, the takeaway is simple. Opportunities still exist. But capital efficiency, defensibility, and access to follow-on funding now matter more than they did during the boom years.

The market is no longer just about how much. . .