Monthly edition

February 2026

195 rounds and $43.1B raised. The biggest: Anthropic, $30B.

Compared with January 2026

Rounds
195 +4%
Capital raised
$43.1B +14%
Median round
$21M -25%

The month in charts

AI took 82% of the capital this month, up from 73% in January. Anthropic alone raised $30B, 70% of it.

Mega-rounds against the rest

46 of 195 rounds made 92% of the capital.

24% of the rounds were of $100M or more 24%of the rounds46 of 19592% of the capital came from rounds of $100M or more 92%of the capital$39.8B of $43.1B
Rounds of $100M or more, February 2026
RoundsCapital
$100M or more46$39.8B
The rest149$3.3B

Capital raised per day

The busiest day: Thu 12 Feb, $30.7B across 7 rounds.

Capital raised per day, February 2026 Sun 1 Feb: $0K, 0 rounds; Mon 2 Feb: $138M, 5 rounds; Tue 3 Feb: $469M, 8 rounds; Wed 4 Feb: $1.5B, 14 rounds; Thu 5 Feb: $1B, 9 rounds; Fri 6 Feb: $35M, 3 rounds; Sat 7 Feb: $180M, 3 rounds; Sun 8 Feb: $12.5M, 1 round; Mon 9 Feb: $653M, 10 rounds; Tue 10 Feb: $1.3B, 18 rounds; Wed 11 Feb: $636M, 13 rounds; Thu 12 Feb: $30.7B, 7 rounds; Fri 13 Feb: $32.8M, 3 rounds; Sat 14 Feb: $6M, 1 round; Sun 15 Feb: $30.3M, 3 rounds; Mon 16 Feb: $574M, 6 rounds; Tue 17 Feb: $634M, 13 rounds; Wed 18 Feb: $655M, 6 rounds; Thu 19 Feb: $491M, 11 rounds; Fri 20 Feb: $78.5M, 5 rounds; Sat 21 Feb: $22M, 2 rounds; Sun 22 Feb: $24M, 2 rounds; Mon 23 Feb: $378M, 6 rounds; Tue 24 Feb: $1.6B, 18 rounds; Wed 25 Feb: $1.1B, 13 rounds; Thu 26 Feb: $515M, 7 rounds; Fri 27 Feb: $175M, 6 rounds; Sat 28 Feb: $64M, 2 rounds $20B$40B 1 2 9 16 23 $30.7B W6$3.4B W7$33.3B W8$2.5B W9$3.9B
Capital raised per day, February 2026
DayRoundsCapitalBiggest round
Sun 1 Feb0$0K
Mon 2 Feb5$138MGenLogs, $60M
Tue 3 Feb8$469MLimX Dynamics, $200M
Wed 4 Feb14$1.5BBedrock Robotics, $270M
Thu 5 Feb9$1BElevenLabs, $500M
Fri 6 Feb3$35MJain Cord, $22M
Sat 7 Feb3$180MNorthwood Space, $100M
Sun 8 Feb1$12.5MNullify, $12.5M
Mon 9 Feb10$653MOxide Computer, $200M
Tue 10 Feb18$1.3BRunway, $315M
Wed 11 Feb13$636MInertia, $450M
Thu 12 Feb7$30.7BAnthropic, $30B
Fri 13 Feb3$32.8MThe Biological Computing Co., $25M
Sat 14 Feb1$6MIceberg Quantum, $6M
Sun 15 Feb3$30.3MMeridian, $17M
Mon 16 Feb6$574MApptronik, $520M
Tue 17 Feb13$634MKavak, $300M
Wed 18 Feb6$655MVestwell, $385M
Thu 19 Feb11$491MHeron Power, $140M
Fri 20 Feb5$78.5MVizzia, $35.3M
Sat 21 Feb2$22MInscope, $14.5M
Sun 22 Feb2$24MPlato, $14.5M
Mon 23 Feb6$378MUbicquia, $106M
Tue 24 Feb18$1.6BMoonshot AI, $700M
Wed 25 Feb13$1.1BMatX, $500M
Thu 26 Feb7$515MSHINE, $240M
Fri 27 Feb6$175MEncord, $60M
Sat 28 Feb2$64MTemple, $54M

Where the capital went

AI raised $35.2B, 82% of the capital. Choose a sector to filter the rounds below.

Capital by sector, February 2026 82% AI AI $35.2B 70 rounds 82% Robotics & Hardware $1.9B 18 rounds 4% Enterprise software $1.3B 19 rounds 3% Health $1.3B 15 rounds 3% Fintech $982M 17 rounds 2% Other sectors $2.4B 56 rounds 5%
Capital by sector, February 2026
SectorCapitalShareRounds
AI$35.2B82%70
Robotics & Hardware$1.9B4%18
Enterprise software$1.3B3%19
Health$1.3B3%15
Other$1.1B3%34
Fintech$982M2%17
Climate & Energy$794M2%7
Cybersecurity$366M<1%7
Consumer$126M<1%8

The 10 biggest rounds

The 10 biggest rounds raised $34B, 79% of the total.

The 10 biggest rounds, February 2026Anthropic: $30B; Moonshot AI: $700M; Apptronik: $520M; ElevenLabs: $500M; MatX: $500M; Inertia: $450M; Vestwell: $385M; SambaNova: $350M; Runway: $315M; Kavak: $300M Anthropic $30B · Series G Moonshot AI $700M Apptronik $520M · Series A-X ElevenLabs $500M MatX $500M · Series B Inertia $450M Vestwell $385M SambaNova $350M Runway $315M Kavak $300M · Series F

Everyone who raised

195 companies raised $43.1B. A bigger tile is a bigger round.

Every company that raised, February 2026BFIBSOBCRSQRPAKO1The 69 biggest rounds, February 2026BFIB

The 69 biggest of 195. Open on a wider screen for all of them, or see every round below.

Most active investors

Accel joined 9 rounds, leading 8, more than any other investor.

Most active investors, February 2026Accel: 9 rounds, 8 led; Lightspeed Venture Partners: 9 rounds, 3 led; Peak XV Partners: 8 rounds, 5 led; Eclipse: 6 rounds, 0 led; Bessemer Venture Partners: 5 rounds, 3 led; Battery Ventures: 5 rounds, 3 led; Index Ventures: 5 rounds, 3 led; General Catalyst: 5 rounds, 3 led; Andreessen Horowitz: 5 rounds, 2 led; B Capital: 5 rounds, 2 ledLedJoined Accel 9 rounds · 8 led Lightspeed Venture Partners 9 rounds · 3 led Peak XV Partners 8 rounds · 5 led Eclipse 6 rounds Bessemer Venture Partners 5 rounds · 3 led Battery Ventures 5 rounds · 3 led Index Ventures 5 rounds · 3 led General Catalyst 5 rounds · 3 led Andreessen Horowitz 5 rounds · 2 led B Capital 5 rounds · 2 led

The investor race

Ranked by rounds joined so far. Accel finished first with 9 rounds over February 2026. The lead changed hands 3 times.

The investor race, February 2026Accel: ranks 1, 2, 4, 1, 9 rounds; Lightspeed Venture Partners: ranks 2, 3, 1, 2, 9 rounds; Peak XV Partners: ranks 4, 4, 2, 3, 8 rounds; Eclipse: ranks 3, 1, 3, 4, 6 rounds; Bessemer Venture Partners: ranks 5, 5, 5, 5, 5 rounds W6W7W8W9 Accel 9 rounds · 8 led Lightspeed Venture Pa… 9 rounds · 3 led Peak XV Partners 8 rounds · 5 led Eclipse 6 rounds Bessemer Venture Part… 5 rounds · 3 led
Rounds joined so far, February 2026
InvestorWeek 6Week 7Week 8Week 9
Accel3459
Lightspeed Venture Partners3479
Peak XV Partners1468
Eclipse2566
Bessemer Venture Partners0145

Where the rounds were

United States raised $30.6B, 71% of the capital. Rounds in 17 countries, 154 with no country disclosed.

Capital by country, February 2026United States: $30.6B; China: $900M; Mexico: $300M; Netherlands: $252M; India: $118M; Australia: $90M; Sweden: $84.9M; United Kingdom: $71.6M; Israel: $61M; Nigeria: $50M; France: $38M; Argentina: $27M United States $30.6B · 6 rounds China $900M · 2 rounds Mexico $300M · 1 round Netherlands $252M · 2 rounds India $118M · 12 rounds Australia $90M · 1 round Sweden $84.9M · 2 rounds United Kingdom $71.6M · 5 rounds

The cities that raised

San Francisco raised $1.2B, more than all of Asia ($1.1B). Rounds from 38 cities.

Capital by city, February 2026San Francisco: $1.2B; New York: $1.2B; Austin: $601M; Emeryville: $600M; Los Angeles: $455M; San Jose: $350M; Boston: $300M; Beijing: $280M; Redwood City: $260M; Eindhoven: $250M; Mountain View: $232M; London: $224M San Francisco $1.2B · 14 rounds New York $1.2B · 12 rounds Austin $601M · 4 rounds Emeryville $600M · 3 rounds Los Angeles $455M · 6 rounds San Jose $350M · 1 round

Rounds by stage

Seed was the most common stage: 38 rounds, median $4.9M. The median round size is under each column.

Rounds by stage, February 2026 9 Pre $1.7M 38 Seed $4.9M 29 A $21M 28 B $64M 11 C $100M 3 D $106M 2 E+ $15.2B 75 Other $37M
Rounds by stage, February 2026
StageRoundsMedian round
Pre-Seed9$1.7M
Seed38$4.9M
Series A29$20.5M
Series B28$63.5M
Series C11$100M
Series D3$106M
Series E+2$15.2B
Other or undisclosed75$37M

Sectors against January 2026

Biggest gain: AI, +$7.8B. Biggest drop: Enterprise software, -$2.1B. Change in capital raised. Only where both periods have rounds.

Change in capital by sectors, February 2026 against January 2026AI: +$7.8B; Climate & Energy: +$522M; Consumer: -$2.1M; Robotics & Hardware: -$52.3M; Fintech: -$86.1M; Cybersecurity: -$97M; Health: -$318M; Other: -$383M; Enterprise software: -$2.1B AI +$7.8B +28% Climate & Energy +$522M +192% Consumer -$2.1M -2% Robotics & Hardware -$52.3M -3% Fintech -$86.1M -8% Cybersecurity -$97M -21% Health -$318M -20% Other -$383M -26% Enterprise software -$2.1B -61%
Sectors against January 2026
SectorsFebruary 2026January 2026Change
AI$35.2B$27.4B+$7.8B
Climate & Energy$794M$272M+$522M
Consumer$126M$128M-$2.1M
Robotics & Hardware$1.9B$2B-$52.3M
Fintech$982M$1.1B-$86.1M
Cybersecurity$366M$463M-$97M
Health$1.3B$1.6B-$318M
Other$1.1B$1.5B-$383M
Enterprise software$1.3B$3.4B-$2.1B

Countries against January 2026

Biggest gain: United States, +$8.7B. Biggest drop: China, -$489M. Change in capital raised. Only where both periods have rounds.

Change in capital by countries, February 2026 against January 2026United States: +$8.7B; United Kingdom: +$29.5M; Israel: -$12M; India: -$24.7M; Argentina: -$28M; Australia: -$96M; France: -$167M; China: -$489M United States +$8.7B +40% United Kingdom +$29.5M +70% Israel -$12M -16% India -$24.7M -17% Argentina -$28M -51% Australia -$96M -52% France -$167M -81% China -$489M -35%
Countries against January 2026
CountriesFebruary 2026January 2026Change
United States$30.6B$21.9B+$8.7B
United Kingdom$71.6M$42M+$29.5M
Israel$61M$73M-$12M
India$118M$143M-$24.7M
Argentina$27M$55M-$28M
Australia$90M$186M-$96M
France$38M$205M-$167M
China$900M$1.4B-$489M

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