Jul 21, 2026

1H'26 Caplight Venture Market Update

  • The Caplight Top 20 Index returned +37% vs. +20% for the Nasdaq 100.

  • LP distributions returned to their long-run average, while fundraising nearly matched all of 2025.

  • Venture deployment reached record levels, driven by a handful of mega-rounds.

  • The median AI round is now 9x the size of the median VC fund, accelerating GP-led co-invests.

  •  Venture is going capital-heavy, with robots, rockets, data centers, defense, and power driving larger rounds and more GP-led co-investments. 

© Copyright Caplight Technologies, Inc. 2026. All rights reserved.

Disclaimer

All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.

This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.

© Copyright Caplight Technologies, Inc. 2026. All rights reserved.

Disclaimer

All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.

This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.

© Copyright Caplight Technologies, Inc. 2026. All rights reserved.

Disclaimer

All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.

This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.