U.S. venture capital deal value hit 355.9 billion (86%). Rounds of 1B+ rounds in Q2 from Anthropic, Prometheus, Anduril, Baseten, MiRus, Kalshi, and Cognition — 72.4B across 405 funds. Andreessen Horowitz (10B), and Founders Fund ($10.6B) captured 48% of fundraising.