Monthly edition

November 2026

2 rounds and $11B raised. The biggest: OpenAI, $11B.

Month still running: figures so far, compared once it ends

Rounds
2
Capital raised
$11B
Median round
$5.5B

The month in charts

AI took 100% of the capital this month so far, up from 68% in October. OpenAI alone raised $11B, 100% of it.

Mega-rounds against the rest

One round, OpenAI at $11B, made 100% of the capital.

50% of the rounds were of $100M or more 50%of the rounds1 of 2100% of the capital came from rounds of $100M or more 100%of the capital$11B of $11B
Rounds of $100M or more, November 2026
RoundsCapital
$100M or more1$11B
The rest1$10M

Capital raised per day

The busiest day: Sun 1 Nov, $11B across 2 rounds.

Capital raised per day, November 2026 Sun 1 Nov: $11B, 2 rounds $5B$10B$15B 1 2 9 16 23 30 $11B W45$0K W46$0K W47$0K W48$0K
Capital raised per day, November 2026
DayRoundsCapitalBiggest round
Sun 1 Nov2$11BOpenAI, $11B

Where the capital went

AI raised $11B, 100% of the capital. Choose a sector to filter the rounds below.

Capital by sector, November 2026 100% AI AI $11B 1 round 100% Fintech $10M 1 round <1%
Capital by sector, November 2026
SectorCapitalShareRounds
AI$11B100%1
Fintech$10M<1%1

The 2 biggest rounds

$11B raised in 2 rounds.

The 2 biggest rounds, November 2026OpenAI: $11B; Two Point O Capital: $10M OpenAI $11B T Two Point O Capital $10M

Where the rounds were

United States raised $11B, 100% of the capital. Rounds in 2 countries.

Capital by country, November 2026United States: $11B; India: $10M United States $11B · 1 round India $10M · 1 round

Sectors against October 2026

Biggest drop: AI, -$15.2B. Change in capital raised, November 2026 so far against the whole of October 2026. Only where both periods have rounds.

Change in capital by sectors, November 2026 against October 2026Fintech: -$847M; AI: -$15.2B Fintech -$847M -99% AI -$15.2B -58%
Sectors against October 2026
SectorsNovember 2026October 2026Change
Fintech$10M$857M-$847M
AI$11B$26.2B-$15.2B

Countries against October 2026

Biggest gain: United States, +$1.3B. Biggest drop: India, -$348M. Change in capital raised, November 2026 so far against the whole of October 2026. Only where both periods have rounds.

Change in capital by countries, November 2026 against October 2026United States: +$1.3B; India: -$348M United States +$1.3B +14% India -$348M -97%
Countries against October 2026
CountriesNovember 2026October 2026Change
United States$11B$9.7B+$1.3B
India$10M$358M-$348M

All rounds

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