Weekly edition

Week 38, 2026 (14 Sept to 20 Sept)

106 rounds and $10.8B raised. The biggest: Crusoe, $3.9B.

Compared with week 37

Average of the 4 weeks before: 78 rounds, $6.8B a week. This week is +59% on capital.

The week in charts

AI took 65% of the capital this week, up from 60% in week 37. Crusoe alone raised $3.9B, 36% of it.

23 of 106 rounds made 85% of the capital.

Rounds of $100M or more, Week 38, 2026 (14 Sept to 20 Sept)
	Rounds	Capital
$100M or more	23	$9.3B
The rest	83	$1.6B

The busiest day: Thu 17 Sept, $5B across 23 rounds.

Capital raised per day, Week 38, 2026 (14 Sept to 20 Sept)
Day	Rounds	Capital	Biggest round
Mon 14 Sept	22	$2.5B	Lumilens, $700M
Tue 15 Sept	23	$1.8B	barq, $330M
Wed 16 Sept	27	$1.1B	Impulse Space, $308M
Thu 17 Sept	23	$5B	Crusoe, $3.9B
Fri 18 Sept	8	$301M	Hello Robotaxi, $100M
Sat 19 Sept	3	$111M	Vantora, $100M
Sun 20 Sept	0	$0K

AI raised $7B, 65% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Week 38, 2026 (14 Sept to 20 Sept)
Sector	Capital	Share	Rounds
AI	$7B	65%	55
Other	$1.2B	11%	16
Robotics & Hardware	$1.2B	11%	6
Fintech	$530M	5%	7
Health	$301M	3%	7
Climate & Energy	$266M	2%	5
Enterprise software	$250M	2%	5
Cybersecurity	$83.3M	<1%	4
Consumer	$10M	<1%	1

The 10 biggest rounds raised $7.3B, 68% of the total.

106 companies raised $10.8B. A bigger tile is a bigger round.

The 69 biggest of 106. Open on a wider screen for all of them, or see every round below.

General Catalyst joined 6 rounds, leading 4, more than any other investor.

Ranked by rounds joined so far. Y Combinator finished first with 19 rounds over the last 8 weeks. The lead changed hands twice.

Rounds joined so far, the last 8 weeks
Investor	Week 31	Week 32	Week 33	Week 34	Week 35	Week 36	Week 37	Week 38
Y Combinator	3	5	9	11	13	16	19	19
General Catalyst	2	2	3	5	6	7	10	16
Andreessen Horowitz	0	5	6	9	9	10	15	16
Khosla Ventures	1	2	2	5	6	7	7	13
Lightspeed Venture Partners	0	2	3	4	5	5	9	13

United States raised $4.9B, 45% of the capital. Rounds in 24 countries, 37 with no country disclosed.

Denver raised $3.9B, more than all of Asia ($1.3B). Rounds from 49 cities.

Seed was the most common stage: 23 rounds, median $6.3M. The median round size is under each column.

Biggest gain: Fintech, +$491M. Biggest drop: AI, -$2.4B. Change in capital raised. Only where both periods have rounds.

Sectors against week 37
Sectors	Week 38, 2026 (14 Sept to 20 Sept)	week 37	Change
Fintech	$530M	$39M	+$491M
Enterprise software	$250M	$49.6M	+$201M
Climate & Energy	$266M	$80.9M	+$185M
Cybersecurity	$83.3M	$23.5M	+$59.8M
Consumer	$10M	$5.9M	+$4.1M
Health	$301M	$432M	-$131M
Robotics & Hardware	$1.2B	$1.8B	-$578M
AI	$7B	$9.4B	-$2.4B
Other	$1.2B	$3.9B	-$2.7B

Biggest gain: United States, +$3.8B. Biggest drop: France, -$3.6B. Change in capital raised. Only where both periods have rounds.

Countries against week 37
Countries	Week 38, 2026 (14 Sept to 20 Sept)	week 37	Change
United States	$4.9B	$1.1B	+$3.8B
United Kingdom	$486M	$37.6M	+$448M
China	$550M	$175M	+$375M
Italy	$270M	$9.4M	+$261M
Sweden	$99.9M	$8.9M	+$91M
Singapore	$25M	$55M	-$30M
India	$12.2M	$225M	-$213M
France	$19M	$3.6B	-$3.6B

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