Country comparison

United States vs Switzerland: startup funding compared

Since 2 June 2025, startups in the United States raised $487.4B across 2,833 rounds, 148.1 times Switzerland's $3.3B.

$487.4BCapital raised$3.3B
2,833Rounds128
$20MMedian round$7.5M
70%Share of all capital0.5%
57%Early-stage rounds61%

Capital raised running total by month

$487.4B$243.7B United States, end of Jun 25: $11.7BUnited States, end of Jul: $27.1BUnited States, end of Aug: $33.2BUnited States, end of Sept: $60.3BUnited States, end of Oct: $77.1BUnited States, end of Nov: $92.7BUnited States, end of Dec: $105.3BUnited States, end of Jan 26: $136.7BUnited States, end of Feb: $178.9BUnited States, end of Mar: $312.8BUnited States, end of Apr: $331.6BUnited States, end of May: $411BUnited States, end of Jun: $420.6BUnited States, end of Jul: $429BUnited States, end of Aug: $443.3BUnited States, end of Sept: $456.5BUnited States, end of Oct: $468.2BUnited States, end of Nov: $487.4BSwitzerland, end of Jun 25: $131MSwitzerland, end of Jul: $590MSwitzerland, end of Aug: $649MSwitzerland, end of Sept: $827MSwitzerland, end of Oct: $966MSwitzerland, end of Nov: $1.4BSwitzerland, end of Dec: $1.5BSwitzerland, end of Jan 26: $1.9BSwitzerland, end of Feb: $2BSwitzerland, end of Mar: $2.3BSwitzerland, end of Apr: $2.4BSwitzerland, end of May: $2.6BSwitzerland, end of Jun: $2.6BSwitzerland, end of Jul: $2.6BSwitzerland, end of Aug: $3BSwitzerland, end of Sept: $3.1BSwitzerland, end of Oct: $3.3BSwitzerland, end of Nov: $3.3B Jun 25SeptDecMarJunSept
United StatesSwitzerland
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Where the money goes share of capital by sector

United States

  • AI78%$381.8B
  • Robotics & Hardware5%$25.4B
  • Health4%$21.5B
  • Other4%$21.1B
  • Climate & Energy2%$11B
  • Fintech2%$7.7B

Switzerland

  • AI33%$1.1B
  • Health33%$1.1B
  • Climate & Energy11%$358M
  • Robotics & Hardware9%$288M
  • Other5%$162M
  • Fintech3%$105M

Biggest rounds

Stage mix share of rounds

United StatesSwitzerland
31%Pre-Seed and Seed41%
25%Series A20%
13%Series B7%
12%Series C and later6%
18%Other or undisclosed26%

Most active investors rounds joined

InvestorUnited StatesSwitzerland
Y Combinator1782
Andreessen Horowitz130·
General Catalyst110·
Sequoia Capital94·
Lightspeed Venture Partners81·
Khosla Ventures77·
Alumni Ventures64·
Bessemer Venture Partners59·
Accel52·
Insight Partners51·
Kleiner Perkins49·
Menlo Ventures48·

Startup hubs rounds and capital by city

United States

  • San Francisco529$133.5B
  • New York471$26.1B
  • Palo Alto72$14.6B
  • Austin67$8.4B
  • Costa Mesa2$7.5B
  • Denver17$6.1B

Switzerland

  • Zurich56$885M
  • Basel11$689M
  • Lausanne12$437M
  • Saint-Sulpice1$225M
  • Zug6$174M
  • Yverdon-les-Bains1$105M

Latest rounds

Questions

Which country raised more startup funding, the United States or Switzerland?

The United States. Since 2 June 2025, startups in the United States raised $487.4B across 2,833 rounds, against $3.3B across 128 rounds in Switzerland, 148.1 times more. That is 70% and 0.5% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in the United States and Switzerland?

2,833 rounds in the United States and 128 rounds in Switzerland since 2 June 2025, about 157 and 7 a month.

Are startup rounds bigger in the United States or Switzerland?

The median round is $20M in the United States and $7.5M in Switzerland, and the average round $172M and $25.7M. The median shows the typical round; the average is pulled up by a few very large ones.

What is the biggest startup round in the United States?

The biggest startup rounds in the United States since 2 June 2025 are OpenAI ($122B, 31 Mar 2026), Anthropic ($65B, Series H, 28 May 2026) and Anthropic ($30B, Series G, 12 Feb 2026).

What is the biggest startup round in Switzerland?

The biggest startup rounds in Switzerland since 2 June 2025 are Oviva ($234M, Series D, 22 Jan 2026), Kandou AI ($225M, Series A, 23 Mar 2026) and Gravis Robotics ($200M, Series A, 17 Aug 2026).

Which sectors attract the most startup funding in the United States and Switzerland?

In the United States, AI ($381.8B, 78% of the capital), Robotics & Hardware ($25.4B, 5%) and Health ($21.5B, 4%) lead. In Switzerland, AI ($1.1B, 33% of the capital), Health ($1.1B, 33%) and Climate & Energy ($358M, 11%) lead.

Is the United States or Switzerland better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 57% of rounds in the United States and 61% in Switzerland. The United States recorded 883 Pre-Seed or Seed rounds and Switzerland 53 Pre-Seed or Seed rounds, with a median of $6M and $4.3M.

How much growth funding (Series B and later) goes to the United States and Switzerland?

Startups in the United States raised $232.3B in 711 Series B or later rounds, 48% of the country's capital. In Switzerland, $1.3B in 17 rounds, 40% of the capital.

Who are the most active startup investors in the United States?

Y Combinator (178 rounds, 16 led), Andreessen Horowitz (130 rounds, 65 led) and General Catalyst (110 rounds, 39 led) are the most active investors in the United States.

Who are the most active startup investors in Switzerland?

Founderful (14 rounds, 11 led), Venture Kick (10 rounds, 1 led) and Zürcher Kantonalbank (9 rounds) are the most active investors in Switzerland.

Which investors back startups in both the United States and Switzerland?

98 investors joined rounds in both countries. The most active: Y Combinator (178 in the United States, 2 in Switzerland), New Enterprise Associates (36 in the United States, 1 in Switzerland), NVentures (29 in the United States, 1 in Switzerland), Coatue (28 in the United States, 1 in Switzerland) and Felicis (27 in the United States, 1 in Switzerland).

Which cities lead startup funding in the United States and Switzerland?

San Francisco leads the United States with $133.5B across 529 rounds, ahead of New York ($26.1B). Zurich leads Switzerland with $885M across 56 rounds, ahead of Basel ($689M).

Which month brought the most startup funding?

In the United States, March 2026 ($133.9B). In Switzerland, July 2025 ($459M).

How much did startups in the United States and Switzerland raise in the last 90 days?

In the 90 days to 12 Nov 2026, startups in the United States raised $49.4B across 397 rounds and in Switzerland $523M across 19 rounds.

Where does this data come from?

FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.

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