Weekly edition
Week 37, 2026 (7 Sept to 13 Sept)
86 rounds and $15.7B raised. The biggest: Mistral, $3.5B.
Compared with week 36
- Rounds
- 86 +13%
- Capital raised
- $15.7B ×4
- Median round
- $20M +38%
Average of the 4 weeks before: 70 rounds, $5.2B a week. This week is ×3 on capital.
The week in charts
AI took 60% of the capital this week, up from 32% in week 36. $15.7B in all, 4 times the total in week 36.
Mega-rounds against the rest
20 of 86 rounds made 92% of the capital.
| Rounds | Capital | |
|---|---|---|
| $100M or more | 20 | $14.5B |
| The rest | 66 | $1.2B |
Capital raised per day
The busiest day: Tue 8 Sept, $5.4B across 22 rounds.
| Day | Rounds | Capital | Biggest round |
|---|---|---|---|
| Mon 7 Sept | 11 | $206M | Pixxel, $100M |
| Tue 8 Sept | 22 | $5.4B | Mistral, $3.5B |
| Wed 9 Sept | 24 | $3.2B | Cognition AI, $2B |
| Thu 10 Sept | 21 | $5.1B | The Boring Company, $3B |
| Fri 11 Sept | 7 | $1.7B | Motive, $1.3B |
| Sat 12 Sept | 1 | $55M | ByteFuture, $55M |
| Sun 13 Sept | 0 | $0K |
Where the capital went
AI raised $9.4B, 60% of the capital. Choose a sector to filter the rounds below.
| Sector | Capital | Share | Rounds |
|---|---|---|---|
| AI | $9.4B | 60% | 39 |
| Other | $3.9B | 25% | 15 |
| Robotics & Hardware | $1.8B | 11% | 7 |
| Health | $432M | 3% | 8 |
| Climate & Energy | $80.9M | <1% | 7 |
| Enterprise software | $49.6M | <1% | 4 |
| Fintech | $39M | <1% | 3 |
| Cybersecurity | $23.5M | <1% | 2 |
| Consumer | $5.9M | <1% | 1 |
The 10 biggest rounds
The 10 biggest rounds raised $13.2B, 84% of the total.
Everyone who raised
86 companies raised $15.7B. A bigger tile is a bigger round.
The 57 biggest of 86. Open on a wider screen for all of them, or see every round below.
Most active investors
Andreessen Horowitz joined 5 rounds, leading 2, more than any other investor.
The investor race, last 8 weeks
Ranked by rounds joined so far. Y Combinator finished first with 21 rounds over the last 8 weeks. The lead changed hands 3 times.
| Investor | Week 30 | Week 31 | Week 32 | Week 33 | Week 34 | Week 35 | Week 36 | Week 37 |
|---|---|---|---|---|---|---|---|---|
| Y Combinator | 2 | 5 | 7 | 11 | 13 | 15 | 18 | 21 |
| Andreessen Horowitz | 3 | 3 | 8 | 9 | 12 | 12 | 13 | 18 |
| Bessemer Venture Partners | 3 | 3 | 5 | 7 | 9 | 9 | 11 | 15 |
| Accel | 3 | 4 | 5 | 7 | 8 | 9 | 10 | 14 |
| Sequoia Capital | 3 | 3 | 3 | 5 | 7 | 7 | 8 | 11 |
Where the rounds were
France raised $3.6B, 23% of the capital. Rounds in 17 countries, 30 with no country disclosed.
The cities that raised
San Francisco raised $1.4B, more than all of Asia ($457M). Rounds from 35 cities.
Rounds by stage
Series A was the most common stage: 20 rounds, median $22M. The median round size is under each column.
| Stage | Rounds | Median round |
|---|---|---|
| Pre-Seed | 10 | $4.1M |
| Seed | 11 | $4.6M |
| Series A | 20 | $22M |
| Series B | 2 | $16.9M |
| Series C | 5 | $100M |
| Series D | 3 | $115M |
| Series E+ | 2 | $1.1B |
| Growth | 5 | $40M |
| Other or undisclosed | 28 | $21M |
Sectors against week 36
Biggest gain: AI, +$8.1B. Biggest drop: Cybersecurity, -$317M. Change in capital raised. Only where both periods have rounds.
| Sectors | Week 37, 2026 (7 Sept to 13 Sept) | week 36 | Change |
|---|---|---|---|
| AI | $9.4B | $1.2B | +$8.1B |
| Other | $3.9B | $1.4B | +$2.6B |
| Robotics & Hardware | $1.8B | $98.3M | +$1.7B |
| Climate & Energy | $80.9M | $85.9M | -$5M |
| Fintech | $39M | $65.3M | -$26.3M |
| Consumer | $5.9M | $36.8M | -$30.9M |
| Enterprise software | $49.6M | $90.8M | -$41.3M |
| Health | $432M | $609M | -$177M |
| Cybersecurity | $23.5M | $340M | -$317M |
Countries against week 36
Biggest gain: United States, +$214M. Biggest drop: Germany, -$82.1M. Change in capital raised. Only where both periods have rounds.
| Countries | Week 37, 2026 (7 Sept to 13 Sept) | week 36 | Change |
|---|---|---|---|
| United States | $1.1B | $905M | +$214M |
| China | $175M | $15M | +$160M |
| India | $225M | $136M | +$89.7M |
| Singapore | $55M | $6M | +$49M |
| United Kingdom | $37.6M | $11.9M | +$25.6M |
| Spain | $3.6M | $17.4M | -$13.8M |
| Switzerland | $5M | $37.6M | -$32.6M |
| Germany | $16.5M | $98.6M | -$82.1M |
All rounds
- MistralBuilds open-weight AI models, infrastructure, and enterprise applicationsLed by Samsung Electronics, with Advent, BlackRock +7 $3.5BSeries D · France
- The Boring CompanyBuilds underground tunnels for vehicle transportation and urban mobilityLed by United Arab Emirates, with Sequoia Capital, Andreessen Horowitz +6 $3B
- Cognition AIBuilds autonomous AI software engineers for coding and developmentLed by Andreessen Horowitz, with Founders Fund, General Catalyst +8 $2BSeries E
- MotiveProvides an AI platform for managing physical operations and workforcesWith General Catalyst $1.3B
- Stoke SpaceWe're unlocking the space economy by harnessing the power of full and rapid reusability with Nova, our 100% reusable rocket.Led by Point72 Ventures, with General Innovation, Glade Brook Capital +4 $1B
- Positron AIDevelops specialized silicon and systems for serving artificial intelligence models $875M
- HarveyBuilds artificial intelligence models and software for legal workLed by Lightspeed Venture Partners, with Sapphire Ventures, Whale Rock Capital Management $550M
- The Exploration CompanyDevelops reusable space capsules and high-thrust rocket enginesLed by Bessemer Venture Partners, with Balderton, Plural +2 $450MSeries C
- Encoded TherapeuticsDevelops precision genetic medicines for severe neurological disorders as a clinical-stage biotechnology company.Led by GV, with ARCH Venture Partners, Braidwell LP +5 $275MSeries F
- CylakeCylake is the complete, AI-native cybersecurity platform that provides full visibility, sets fine-grained policy, and stops attacks in fully air-gapped sovereign environments.Led by Lightspeed Venture Partners, with Picture Capital, Redpoint Ventures $245M
- Solstice OncologyDevelops immunotherapies for earlier treatment of cancerLed by RA Capital Management, with Canaan Partners, Forbion $225MSeries A · United States
- Ayar LabsAyar Labs delivers co-packaged optics for AI scale-up to enable next-generation hyperscale AI infrastructure. $150M
- ForusConnects doctors, pharmacies, payers, and biopharma through AI agentsLed by Bain Capital Ventures, with Thrive Capital, General Catalyst +9 $150MSeries C · United States
- KapitalProvides AI-powered financial services and credit to businessesLed by Tru Arrow Partners, with Cervin Ventures, Niya Partners +1 $125M
- TARBuilds modular off-grid renewable power and battery systems for AI data centersLed by Spark Capital, with Buckley Ventures, Align Fund $120MSeries A · United States
- BrainChild BioDevelops CAR T cell therapies for pediatric and adult central nervous system tumorsLed by An undisclosed private family fund and foundation, with Seattle Children's, WRF Capital $116MSeries A · United States
- ClayProvides data enrichment and AI workflow automation for sales and marketing teamsLed by Wellington Management, with Sequoia, StepStone +9 $115MSeries D · United States
- PHYMIDevelops physical AI agents for tasks in dynamic environmentsLed by IDG Capital, with Yunqi Capital, DiDi +3 $100MSeed · China
- Maven RoboticsBuilds general-purpose autonomous robots for logistics and manufacturing workLed by RoboStrategy, with LocalGlobe, Vine Ventures +1 $100MSeries A · United States
- PixxelBuilds Earth observation satellites, imaging software and satellite systemsLed by Temasek, with 360 ONE Asset, IMM Investment +2 $100MSeries C · India
- Kinetix AIDevelops embodied AI humanoid robots and integrated data-model-hardware systemsLed by Vertex Ventures, with Fangguang Capital, Wanshi Capital $75MPre-Seed · China
- InspirenProvides AI-powered technology that helps senior living care teams $70MSeries C · United States
- TwoStep TherapeuticsDevelops peptide-drug conjugates for targeted cancer treatmentLed by Insight Partners $62.5MSeries A
- ARC by ChargeItSpotManages frontline enterprise devices through hardware, software, and analyticsWith Acadia Investment Partners $60MGrowth · United States
- XapienProvides AI-native due diligence and continuous counterparty risk monitoringLed by Spectrum Equity, with YFM Equity Partners $56MGrowth
- ByteFutureDevelops personal AI hardware and open-source operating systems $55MSingapore
- Bluecore EnergyBuilds floating small modular nuclear reactors for ports and infrastructureLed by Silverton Partners, with Slauson & Co., Harlem Capital +9 $50MSeed · United States
- NuaSells period care, maternity care and intimate wellness productsLed by Peak XV Partners, with Mirabilis Investment Trust, Footpath Ventures $50MSeries C · India
- Vheda HealthProvides chronic care, behavioral health, and maternal health programs to Medicaid, Medicare, and SNP health plans.With Agora $47M
- LightfieldBuilds AI-native CRM software designed for use by AI agents.Led by Andreessen Horowitz, with Maverick Capital, Coatue +9 $47MSeries A
- ImplicityProvides AI-driven cardiac remote monitoring for clinicians and patientsLed by IRIS, with Five Arrows $40MGrowth · France
- WintUses AI to monitor water use and prevent building leaks and damageLed by LIP Ventures $36MSeries D
- ARC RideProvides battery-swapping electric two- and three-wheeler transport infrastructure for riders across Africa.Led by Novastar Ventures, with IFC, British International Investment +1 $33.3M
- Arlequin AIDevelops topological neural networks for analysing complex interconnected dataLed by redalpine, with Bpifrance's Defence Innovation Fund, Xavier Niel +2 $32.5MSeries A · France
- AntiochProvides simulation software for deploying physical AI systems in real-world environmentsLed by Greylock $32MSeries A · United States
- Vecna RoboticsDevelops autonomous mobile robots for warehouse and manufacturing material movementLed by Unless, with Drive Capital, Tiger Global +2 $31MUnited States
- Epsilon HealthOperates an AI-native radiology practice embedding AI into board-certified radiologists' interpretation workflows.Led by AlleyCorp, with Uncork Capital, Renegade Partners +2 $27.6M
- CymphonyProvides security platform mapping identities, permissions and data access for AI agents.Led by Sequoia Capital $25MSeries A
- SwishDelivers meals within ten minutes through nearby cloud kitchensLed by Bertelsmann India Investments, with Bain Capital Ventures, Accel +1 $23.8MSeries B · India
- EunoProvides context and access controls for enterprise AI agentsLed by N47, with 10D, Yinon Kostika +4 $23MSeries A
- LuminaryProvides AI-native software for wealth transfer and estate administrationLed by Ten Coves Capital, with BNY $22M
- QNu LabsBuilds quantum-safe security products, including QKD and QRNG, for organizations facing quantum computing threats.Led by National Quantum Mission, with Sony Innovation Fund, Gaja Capital +1 $21MSeries A · India
- CloudNCDevelops AI software that accelerates CNC machining programming and productionLed by Nimble Ventures, with Calculus Venture Capital, Entrepreneur First +1 $20MUnited Kingdom
- SystemConnects patients with clinicians and pharmacies for personalized peptide treatmentsWith Patron Fund, Will Ventures, Vine +4 $20M
- BleeProvides an AI platform that reviews and monitors marketing content for regulatory and brand compliance.Led by Fin Capital, with Hannah Grey VC, National Bank of Canada +4 $20MSeries A
- PistonConnects commercial fleets with fuel stations through cardless payment technologyLed by FPV Ventures, with Spark Capital, Pear VC $15MSeries A · United States
- FundcraftProvides digital infrastructure and operational services for alternative investment fundsLed by Riverside Acceleration Capital, with 3VC, MiddleGame Ventures +1 $14MGrowth
- Graph AIProvides AI software for pharmacovigilance and patient safety operationsLed by Insight Partners, with Bessemer Venture Partners $13.3MSeries A · United States
- Buildcheck AIUses computer vision AI to review construction drawings for design errorsLed by Telescope Partners, with WND Ventures, Uncork Capital +2 $12MSeries A · United States
- Ground ADevelops laser-based systems for defending against dronesLed by Vsquared Ventures, with Quantum Systems, GRIF +9 $10.6MPre-Seed
- ZealIntegrates payment terminals with loyalty and customer analytics tools $10MEgypt
- ActionablePredicts customer churn, satisfaction, complaints and repeat purchasesLed by Hi Inov, with Axeleo Capital $10MFrance
- Carrum MobilityProvides fleet management technology for CNG and electric vehicle operatorsLed by Uber $10MSeries B · India
- HarmoniCoordinates factory-floor workflows, systems, machines, and operator processesLed by Bessemer Venture Partners $10MSeries A
- MagnarAI platform helping lawyers research law and draft legal documentsLed by 6 Degrees Capital, with FEN Ventures, Platanus Ventures +2 $8MSeries A · Chile
- HelmGuardAI agents automate security and compliance assessments for regulated organisationsLed by Infinity Ventures, with FinTech Collective, Stage 2 Capital +1 $7.3MSeed · United Kingdom
- LimetaxBuilds an AI-powered group of German tax and accounting firmsWith Motive Partners, Activant, Heliad +4 $7MPre-Seed · Germany
- CatoAI platform helping businesses find, analyse, and compete for public tendersLed by Keen Venture Partners, with Vento, Heartfelt +4 $7MSeed · Italy
- Sparkle Grooming Co.Operates membership-based dog grooming salons and franchise locationsLed by Companion Fund $6MGrowth · United States
- TheaterSells shoes, bags, accessories, fragrances, and apparel through digital channelsWith Niveshaay, FirstPort Capital, Skagen Ventures +3 $5.9MSeries A · India
- IVEXAnalyses vehicle data to validate and score automotive safety systemsWith The Faktory, Dedicated.lu $5.8MSeries A · Belgium
- Tickets for GoodDistributes surplus event tickets to eligible workers and people receiving supportWith NPIF II – Mercia Equity Finance, Mercia Ventures, Shaping Impact Group (SI3) +2 $5.3MUnited Kingdom
- Jaipur RoboticsComputer vision and automation systems for industrial and waste-to-energy plantsLed by EquityPitcher Ventures $5MSeed · Switzerland
- TelliaProvides voice AI for agricultural data capture and field operationsWith Revent, Grey Silo Ventures, Jeriko +1 $5MPre-Seed · France
- RebabaDevelops stationary energy storage systems using repurposed electric vehicle batteriesLed by Sistafund $4.6MSeed · Sweden
- CircolifeProvides subscription-based cooling equipment with IoT monitoring and maintenanceLed by Bharat Jaisinghani, with Nitish Mittersain, Intelliquity Ventures +9 $4.5MIndia
- FluencifyAI service helping brands create and distribute short-form creator contentLed by byFounders, with Wave Ventures $4.3MPre-Seed · Sweden
- Jipur RoboticsProvides AI operating system and computer vision platforms for waste-to-energy and industrial plants.Led by EquityPitcher Ventures $4.3MSeed
- Navana.aiProvides voice AI infrastructure and speech models for regulated industriesLed by Ronnie Screwvala, with Antler India, Sharad Sanghi +2 $4.2MSeries A · India
- FRYTE MobilitySoftware connects logistics platforms with charging systems for electric trucksLed by 4impact capital, with Revent, F-LOG +1 $4.1MSeed · Germany
- LightsageHelps software companies optimize products for discovery and use by AI agentsLed by Nexus Venture Partners, with Steven Tamm, Abhinav Asthana +8 $4M
- Fundly.aiDigital platform helps pharma retailers manage commerce, payments and working capitalLed by Accel, with Rajeev Ahuja, Angel investors $4MIndia
- VeridueUses AI to streamline due diligence for energy infrastructure investmentsLed by Episode 1 Ventures, with HTGF, Pi Labs +2 $4MPre-Seed · United Kingdom
- FuroControls and optimizes commercial and industrial battery storage systemsLed by TQ Ventures, with Neo, CDTM Venture Capital $4MGermany
- FusionalityBuilds software infrastructure for operating and developing fusion reactorsLed by Founderful $3.7MPre-Seed
- CONNECTA TherapeuticsDevelops small-molecule treatments for central nervous system disordersLed by Clave Capital, with Inveready, CDTI Innvierte +1 $3.6MSpain
- VideoGenAI platform creates editable copyright-free videos through structured workflowsWith Y Combinator (S24), Rebel Fund, Lobster Capital +4 $3.3MSeed · United States
- Galaxia Space SystemsDevelops AI-powered satellites that process and analyze data in orbitLed by Amiral Ventures $3.3MCanada
- OutlineAI software replaces spreadsheet-based financial forecasting for businessesLed by Founders Future $3M
- BynarioIdentifies, validates, prioritises, and remediates exploitable software vulnerabilitiesLed by 360 CapitalPartners, with Prana Ventures $2.4MPre-Seed · Italy
- DawratyBilingual AI learning platform for healthcare education and professional certificationWith Qatar Development Bank $2MSeed · Kuwait
- DaMENSCHSells men’s innerwear, casualwear, and everyday apparel through online channelsWith A91 Partners, Tancom Electronics $1.8MIndia
- sci2sciConnects and verifies fragmented data for regulated industry AI workflowsLed by Heliad, with Robin Capital, Superangels $1.4MPre-Seed · Germany
- Anemo LabsDevelops electronic noses combining sensors and AI to detect disease compoundsLed by Zinc, with Innovate UK $950KPre-Seed · United Kingdom
- ClaimQIHealthcare claims intelligence platform prevents fraud, waste, and abuseWith CQuence Health $500KSeed · United States
- Trade Lenda and AirSmatTrade Lenda provides digital finance for SMEs; AirSmat makes biochar fertiliser from agricultural wasteWith Africa Ecosystem Catalysts Facility $450KNigeria
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