Weekly edition

Week 20, 2026 (11 May to 17 May)

53 rounds and $6.9B raised. The biggest: Isomorphic Labs, $2.1B.

Compared with week 19

Average of the 4 weeks before: 44 rounds, $6.2B a week. This week is +10% on capital.

The week in charts

AI took 58% of the capital this week, about the same as in week 19. Isomorphic Labs alone raised $2.1B, 30% of it.

13 of 53 rounds made 90% of the capital.

Rounds of $100M or more, Week 20, 2026 (11 May to 17 May)
	Rounds	Capital
$100M or more	13	$6.2B
The rest	40	$712M

The busiest day: Tue 12 May, $2.8B across 16 rounds.

Capital raised per day, Week 20, 2026 (11 May to 17 May)
Day	Rounds	Capital	Biggest round
Mon 11 May	9	$1.4B	VoltaGrid, $1B
Tue 12 May	16	$2.8B	Isomorphic Labs, $2.1B
Wed 13 May	11	$980M	Recursive, $650M
Thu 14 May	10	$619M	Mind Robotics, $400M
Fri 15 May	7	$1B	Recursive Superintelligence, $650M
Sat 16 May	0	$0K
Sun 17 May	0	$0K

AI raised $4B, 58% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Week 20, 2026 (11 May to 17 May)
Sector	Capital	Share	Rounds
AI	$4B	58%	22
Enterprise software	$1.1B	16%	5
Robotics & Hardware	$775M	11%	3
Fintech	$356M	5%	9
Other	$351M	5%	8
Health	$122M	2%	1
Climate & Energy	$77M	1%	2
Consumer	$70M	1%	1
Cybersecurity	$51.6M	<1%	2

The 10 biggest rounds raised $5.8B, 85% of the total.

53 companies raised $6.9B. A bigger tile is a bigger round.

Index Ventures joined 4 rounds, leading 3, more than any other investor.

Ranked by rounds joined so far. Lightspeed Venture Partners finished first with 15 rounds over the last 8 weeks.

Rounds joined so far, the last 8 weeks
Investor	Week 13	Week 14	Week 15	Week 16	Week 17	Week 18	Week 19	Week 20
Lightspeed Venture Partners	3	5	6	6	7	10	11	15
General Catalyst	2	3	4	4	4	7	9	10
Accel	1	3	4	4	4	7	7	10
NVIDIA	1	1	3	3	4	5	8	10
Index Ventures	1	2	2	3	3	4	5	9

United Kingdom raised $3.1B, 45% of the capital. Rounds in 8 countries, 33 with no country disclosed.

London raised $3.8B, more than all of North America ($425M). Rounds from 15 cities.

Seed was the most common stage: 10 rounds, median $8.2M. The median round size is under each column.

Biggest gain: AI, +$1.4B. Biggest drop: Climate & Energy, -$21.8M. Change in capital raised. Only where both periods have rounds.

Sectors against week 19
Sectors	Week 20, 2026 (11 May to 17 May)	week 19	Change
AI	$4B	$2.7B	+$1.4B
Enterprise software	$1.1B	$234M	+$847M
Robotics & Hardware	$775M	$464M	+$311M
Fintech	$356M	$72.4M	+$283M
Cybersecurity	$51.6M	$4M	+$47.6M
Health	$122M	$87.5M	+$34.5M
Climate & Energy	$77M	$98.8M	-$21.8M
Other	$351M	$1B	-$693M