Weekly edition

Week 28, 2026 (6 Jul to 12 Jul)

54 rounds and $2.9B raised. The biggest: Proxima Fusion, $470M.

Compared with week 27

Average of the 4 weeks before: 55 rounds, $9.4B a week. This week is -69% on capital.

The week in charts

AI took 34% of the capital this week, up from 30% in week 27. $2.9B in all, down 46% on week 27.

11 of 54 rounds made 69% of the capital.

Rounds of $100M or more, Week 28, 2026 (6 Jul to 12 Jul)
	Rounds	Capital
$100M or more	11	$2B
The rest	43	$886M

The busiest day: Tue 7 Jul, $1.1B across 15 rounds.

Capital raised per day, Week 28, 2026 (6 Jul to 12 Jul)
Day	Rounds	Capital	Biggest round
Mon 6 Jul	9	$458M	Skello, $228M
Tue 7 Jul	15	$1.1B	Proxima Fusion, $470M
Wed 8 Jul	6	$372M	Prime Intellect, $130M
Thu 9 Jul	18	$789M	Kraken Technology Group, $175M
Fri 10 Jul	3	$80M	Vendelux, $50M
Sat 11 Jul	2	$7.2M	thumpN, $3.8M
Sun 12 Jul	1	$50M	Auger, $50M

AI raised $994M, 34% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Week 28, 2026 (6 Jul to 12 Jul)
Sector	Capital	Share	Rounds
AI	$994M	34%	23
Climate & Energy	$645M	22%	2
Other	$573M	20%	11
Enterprise software	$282M	10%	5
Robotics & Hardware	$198M	7%	3
Fintech	$170M	6%	6
Cybersecurity	$19.9M	<1%	2
Consumer	$7M	<1%	1
Health	$3.4M	<1%	1

The 10 biggest rounds raised $1.9B, 66% of the total.

54 companies raised $2.9B. A bigger tile is a bigger round.

Khosla Ventures joined 2 rounds, leading 2, more than any other investor.

Ranked by rounds joined so far. Index Ventures finished first with 16 rounds over the last 8 weeks. The lead changed hands 4 times.

Rounds joined so far, the last 8 weeks
Investor	Week 21	Week 22	Week 23	Week 24	Week 25	Week 26	Week 27	Week 28
Index Ventures	2	4	5	7	8	10	14	16
General Catalyst	3	4	5	9	9	12	14	15
Sequoia Capital	4	6	7	8	8	13	15	15
Andreessen Horowitz	6	7	8	9	10	14	14	15
Y Combinator	2	3	6	7	8	10	11	13

Germany raised $576M, 20% of the capital. Rounds in 10 countries, 41 with no country disclosed.

Munich raised $574M, more than all of North America ($115M). Rounds from 16 cities.

Seed was the most common stage: 11 rounds, median $7M. The median round size is under each column.

Biggest gain: Fintech, +$144M. Biggest drop: Cybersecurity, -$1.2B. Change in capital raised. Only where both periods have rounds.

Sectors against week 27
Sectors	Week 28, 2026 (6 Jul to 12 Jul)	week 27	Change
Fintech	$170M	$26.8M	+$144M
Enterprise software	$282M	$170M	+$112M
Health	$3.4M	$20M	-$16.6M
Consumer	$7M	$106M	-$99M
Robotics & Hardware	$198M	$370M	-$172M
AI	$994M	$1.6B	-$608M
Cybersecurity	$19.9M	$1.2B	-$1.2B
Other	$573M	$1.8B	-$1.3B