The AI Investment Window

Why Capital Must Move Now

MAKR Venture Fund • March 2026 CONFIDENTIAL

Scroll

AI Has Captured Venture Capital

In 2025, AI startups captured more than every other sector combined. The capital concentration is unprecedented.

$258.7B
AI Venture Capital in 2025
61%
Share of All Global VC
$2.62T
Global PE Dry Powder
18-24 mo
Critical Deployment Window

AI Is Eating Venture Capital

AI Share of Global VC (%)

Total AI Funding by Year ($B)

Where The Money Is Going

AI Subsector Breakdown

Geographic Distribution

Who's Investing

Top VC Firms

a16z
$20B AI Fund
Largest VC fund ever planned • 20 unicorns in 2025
Sequoia Capital
$950M AI Fund
$85B AUM • 40%+ portfolio in AI
Lightspeed
$7B Fresh Funds
$31B AUM • 8 AI unicorns
SoftBank
Led $40B OpenAI Round
Largest single AI deal leader in history

Sovereign Wealth Funds

PIF (Saudi Arabia)
$40B HUMAIN Fund
$930B AUM • With a16z
MGX (UAE)
$100B AI Mandate
Mubadala + G42 • AI infrastructure focus
ADIA (UAE)
$990B AUM
ADIA Lab for AI • Data center investments
GIC (Singapore)
$770B+ AUM
Active in AI • $15B+ data center deal
Temasek (Singapore)
$380B+ AUM
Battery tech • Digital economy • AI adjacencies

Corporate VC Activity (2025 Deals)

Valuation Velocity

The best AI companies are doubling and tripling in valuation within months. Every quarter of delay means paying 2-5x more for entry.

Valuation Growth ($B)

Speed to $100M ARR

AI companies are reaching $100M in annual recurring revenue faster than anything in software history.

Historical Parallels — The Window

Every platform shift creates a 3-5 year optimal entry window. We are inside the AI window right now.

Internet
1994-2001
1995-1997 Optimal
1998-1999
2000-2001
Mobile
2007-2013
2007-2010 Optimal
2010-2012
2012-2013
Cloud
2010-2018
2010-2013 Optimal
2013-2015
2016-2018
AI
2022-present
2024-2026 WE ARE HERE
2027-2028
2029+
Optimal Entry
Late Entry
Too Late / Diminishing Returns

MAKR's Position

Six Sectors — Market Opportunity ($B)

Sector Growth Trajectories

MAKR X Pipeline — $14.4B

No other fund owns the entire value chain from capital deployment to project deployment. This is MAKR's structural moat.

Pan-Africa • 33 Countries
$9.9B
Smart Countries Initiative
Central America
$2.47B
Sustainable Coastal Development
US Midwest / East
$820M
Waste to Energy + Smart Communities
Jamaica
$600M
Transformative Smart City
South America
$325M
Security & Public Safety
Central Europe
EUR 150M
Motor Sport Circuit & Resort

The window is open.
It will not stay open.

The application layer is forming now. The best AI companies in every vertical are being founded today. Deploy capital now, capture the founding generation of AI application companies — or pay 3x the valuation in 2029 for companies that have already won or lost.

Deploy Now

18-24 month optimal window for early-stage AI entry at viable valuations

Application Layer

Foundation models are set. The race for AI applications in every vertical starts now.

$14.4B Pipeline

No other fund provides portfolio companies guaranteed access to real infrastructure projects.