Weekly edition

Week 26, 2026 (22 Jun to 28 Jun)

62 rounds and $7.7B raised. The biggest: Baseten, $1.5B.

Compared with week 25

Rounds
62 +77%
Capital raised
$7.7B ×5.5
Median round
$30M +55%

Average of the 4 weeks before: 49 rounds, $25.6B a week. This week is -70% on capital.

The week in charts

AI took 52% of the capital this week, down from 55% in week 25. $7.7B in all, 5.5 times the total in week 25.

Mega-rounds against the rest

19 of 62 rounds made 86% of the capital.

31% of the rounds were of $100M or more 31%of the rounds19 of 6286% of the capital came from rounds of $100M or more 86%of the capital$6.6B of $7.7B
Rounds of $100M or more, Week 26, 2026 (22 Jun to 28 Jun)
RoundsCapital
$100M or more19$6.6B
The rest43$1B

Capital raised per day

The busiest day: Tue 23 Jun, $2.8B across 22 rounds.

Capital raised per day, Week 26, 2026 (22 Jun to 28 Jun) Mon 22 Jun: $2.2B, 10 rounds; Tue 23 Jun: $2.8B, 22 rounds; Wed 24 Jun: $585M, 10 rounds; Thu 25 Jun: $1.2B, 10 rounds; Fri 26 Jun: $442M, 7 rounds; Sat 27 Jun: $442M, 3 rounds; Sun 28 Jun: $0K, 0 rounds $1B$2B$3B Mon 22 Tue 23 Wed 24 Thu 25 Fri 26 Sat 27 Sun 28 $2.8B
Capital raised per day, Week 26, 2026 (22 Jun to 28 Jun)
DayRoundsCapitalBiggest round
Mon 22 Jun10$2.2BBaseten, $1.5B
Tue 23 Jun22$2.8BCRED, $900M
Wed 24 Jun10$585MOllin Biosciences, $330M
Thu 25 Jun10$1.2BUnconventional AI, $475M
Fri 26 Jun7$442MQuantifind, $200M
Sat 27 Jun3$442MGeneral Intuition, $320M
Sun 28 Jun0$0K

Where the capital went

AI raised $4B, 52% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Week 26, 2026 (22 Jun to 28 Jun) 52% AI AI $4B 28 rounds 52% Fintech $1.3B 6 rounds 17% Health $619M 5 rounds 8% Robotics & Hardware $572M 2 rounds 7% Enterprise software $136M 3 rounds 2% Other sectors $993M 18 rounds 13%
Capital by sector, Week 26, 2026 (22 Jun to 28 Jun)
SectorCapitalShareRounds
AI$4B52%28
Fintech$1.3B17%6
Other$892M12%14
Health$619M8%5
Robotics & Hardware$572M7%2
Enterprise software$136M2%3
Consumer$86.2M1%3
Cybersecurity$15M<1%1

The 10 biggest rounds

The 10 biggest rounds raised $5.4B, 70% of the total.

The 10 biggest rounds, Week 26, 2026 (22 Jun to 28 Jun)Baseten: $1.5B; CRED: $900M; Stark Defence: $570M; Unconventional AI: $475M; Nearfield Instruments: $380M; Ollin Biosciences: $330M; General Intuition: $320M; Airwallex: $320M; Odyssey: $310M; Peregrine Technologies: $250M Baseten $1.5B CRED $900M · Series H Stark Defence $570M Unconventional AI $475M · Seed Nearfield Instruments $380M · Series D Ollin Biosciences $330M · Series B General Intuition $320M · Series A Airwallex $320M · Series H Odyssey $310M · Series B Peregrine Technologies $250M · Series D

Everyone who raised

62 companies raised $7.7B. A bigger tile is a bigger round.

Every company that raised, Week 26, 2026 (22 Jun to 28 Jun)TThe 62 biggest rounds, Week 26, 2026 (22 Jun to 28 Jun)T

Most active investors

Sequoia Capital joined 5 rounds, leading 4, more than any other investor.

Most active investors, Week 26, 2026 (22 Jun to 28 Jun)Sequoia Capital: 5 rounds, 4 led; Andreessen Horowitz: 4 rounds, 4 led; Lightspeed Venture Partners: 3 rounds, 2 led; Kleiner Perkins: 3 rounds, 2 led; General Catalyst: 3 rounds, 1 led; Spark Capital: 2 rounds, 2 led; ARCH Venture Partners: 2 rounds, 2 led; Summit Partners: 2 rounds, 2 led; Bain Capital Ventures: 2 rounds, 2 led; Battery Ventures: 2 rounds, 1 ledLedJoined Sequoia Capital 5 rounds · 4 led Andreessen Horowitz 4 rounds · 4 led Lightspeed Venture Partners 3 rounds · 2 led Kleiner Perkins 3 rounds · 2 led General Catalyst 3 rounds · 1 led Spark Capital 2 rounds · 2 led ARCH Venture Partners 2 rounds · 2 led Summit Partners 2 rounds · 2 led Bain Capital Ventures 2 rounds · 2 led Battery Ventures 2 rounds · 1 led

The investor race, last 8 weeks

Ranked by rounds joined so far. Andreessen Horowitz finished first with 20 rounds over the last 8 weeks.

The investor race, the last 8 weeksAndreessen Horowitz: ranks 1, 1, 1, 1, 1, 1, 1, 1, 20 rounds; Sequoia Capital: ranks 2, 4, 3, 2, 2, 4, 4, 2, 17 rounds; General Catalyst: ranks 3, 5, 5, 5, 5, 2, 3, 3, 15 rounds; Index Ventures: ranks 5, 2, 4, 3, 3, 3, 2, 4, 15 rounds; Lightspeed Venture Partners: ranks 4, 3, 2, 4, 4, 5, 5, 5, 15 rounds W19W20W21W22W23W24W25W26 Andreessen Horowitz 20 rounds · 11 led Sequoia Capital 17 rounds · 9 led General Catalyst 15 rounds · 9 led Index Ventures 15 rounds · 8 led Lightspeed Venture Pa… 15 rounds · 7 led
Rounds joined so far, the last 8 weeks
InvestorWeek 19Week 20Week 21Week 22Week 23Week 24Week 25Week 26
Andreessen Horowitz46121314151620
Sequoia Capital4481011121217
General Catalyst23678121215
Index Ventures157910121315
Lightspeed Venture Partners158810121215

Where the rounds were

India raised $1B, 13% of the capital. Rounds in 14 countries, 41 with no country disclosed.

Capital by country, Week 26, 2026 (22 Jun to 28 Jun)India: $1B; Germany: $570M; United States: $490M; Netherlands: $380M; Australia: $320M; United Kingdom: $68.6M; Romania: $18.5M; France: $14.8M; Austria: $8.5M; Czech Republic: $4.6M; Italy: $3.6M; Serbia: $2.6M India $1B · 4 rounds Germany $570M · 1 round United States $490M · 3 rounds Netherlands $380M · 1 round Australia $320M · 1 round United Kingdom $68.6M · 2 rounds Romania $18.5M · 1 round France $14.8M · 1 round

The cities that raised

San Francisco raised $2.5B, more than all of Europe ($1.1B). Rounds from 14 cities.

Capital by city, Week 26, 2026 (22 Jun to 28 Jun)San Francisco: $2.5B; Bengaluru: $907M; New York: $592M; Berlin: $588M; Austin: $380M; Palo Alto: $200M; South San Francisco: $73.8M; London: $39M; Santa Clara: $15M; Vienna: $8.5M; Milan: $3.6M; Copenhagen: $2.9M San Francisco $2.5B · 8 rounds Bengaluru $907M · 2 rounds New York $592M · 7 rounds Berlin $588M · 2 rounds Austin $380M · 2 rounds Palo Alto $200M · 1 round

Rounds by stage

Seed was the most common stage: 13 rounds, median $5M. The median round size is under each column.

Rounds by stage, Week 26, 2026 (22 Jun to 28 Jun) 13 Seed $5M 10 A $28M 12 B $68M 2 C $110M 2 D $315M 2 E+ $610M 1 Growth $200M 20 Other $11M
Rounds by stage, Week 26, 2026 (22 Jun to 28 Jun)
StageRoundsMedian round
Seed13$5M
Series A10$28.3M
Series B12$67.9M
Series C2$110M
Series D2$315M
Series E+2$610M
Growth1$200M
Other or undisclosed20$10.9M

Sectors against week 25

Biggest gain: AI, +$3.3B. Biggest drop: Enterprise software, -$36M. Change in capital raised. Only where both periods have rounds.

Change in capital by sectors, Week 26, 2026 (22 Jun to 28 Jun) against week 25AI: +$3.3B; Fintech: +$1.2B; Other: +$678M; Health: +$505M; Enterprise software: -$36M AI +$3.3B ×5.2 Fintech +$1.2B ×10 Other +$678M ×4.2 Health +$505M ×5.4 Enterprise software -$36M -21%
Sectors against week 25
SectorsWeek 26, 2026 (22 Jun to 28 Jun)week 25Change
AI$4B$776M+$3.3B
Fintech$1.3B$133M+$1.2B
Other$892M$214M+$678M
Health$619M$114M+$505M
Enterprise software$136M$172M-$36M

Countries against week 25

Biggest gain: India, +$710M. Change in capital raised. Only where both periods have rounds.

Change in capital by countries, Week 26, 2026 (22 Jun to 28 Jun) against week 25India: +$710M; Germany: +$552M; United States: +$350M; Italy: +$152K India +$710M ×3.3 Germany +$552M ×33 United States +$350M ×3.5 Italy +$152K +4%
Countries against week 25
CountriesWeek 26, 2026 (22 Jun to 28 Jun)week 25Change
India$1B$303M+$710M
Germany$570M$17.4M+$552M
United States$490M$140M+$350M
Italy$3.6M$3.5M+$152K

All rounds

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