Global Private Market Trends in 2026  

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Key Takeaways

​​​The Global Private Market Trends report explores the forces shaping venture capital (VC) ecosystems around the world. The report focuses on three key sectors at the center of VCs evolving role globally: AI, cyberAI and defense tech.

+163 Increase in global AI unicorns

Global AI unicorns grew by 163 over the past year.

$57.2B Total raised by OpenAI

​​​OpenAI has raised 7.8 times more venture capital than all known Chinese AI companies combined since 2023.

+75% Increase in defense tech investment

Global venture capital investment in defense tech increased 75 percent from 2024 to 2025.