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Startup funding by country

Name: Startup funding by country
Creator: FundingWatcher

Updated 23 Oct 2026

Startups in 132 countries closed funding rounds from October 2025 to September 2026. The United States led with 8,496 of 20,088 rounds (42.3%), ahead of China with 3,260. Source: FundingWatcher, October 2026.

Value: 132
Unit: countries with at least one startup funding round, October 2025 to September 2026
Data as of: 23 October 2026
Source: FundingWatcher, October 2026

Figure 1. Startup funding rounds by country, October 2025 to September 2026. Source: FundingWatcher. Data as of 23 October 2026.

Figure 2. Startup funding rounds by country, top 20, October 2025 to September 2026. Source: FundingWatcher. Data as of 23 October 2026.

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Country

60 rows

Rank	Country	Rounds	Share of all rounds	Raised	Rounds per million people
1	United States	8,496	42.3%	$179.2B	25.0
2	China	3,260	16.2%	$49.9B	2.3
3	India	1,056	5.3%	$7.6B	0.7
4	United Kingdom	994	4.9%	$13.1B	14.3
5	Japan	459	2.3%	$2.1B	3.7
6	South Korea	458	2.3%	$1.9B	8.9
7	Germany	437	2.2%	$10.6B	5.2
8	France	353	1.8%	$9.2B	5.1
9	Canada	300	1.5%	$3.9B	7.3
10	Singapore	211	1.1%	$3.4B	35.0
11	Spain	209	1.0%	$2.3B	4.3
12	Australia	199	1.0%	$1.7B	7.3
13	Switzerland	195	1.0%	$2.5B	21.7
14	Italy	180	0.9%	$1.1B	3.1
15	The Netherlands	155	0.8%	$3.1B	8.6
16	Brazil	155	0.8%	$1.1B	0.7
17	United Arab Emirates	151	0.8%	$1.1B	13.7
18	Sweden	137	0.7%	$2B	13.0
19	Israel	118	0.6%	$3.5B	11.8
20	Denmark	116	0.6%	$922.1M	19.4
21	Saudi Arabia	106	0.5%	$1.4B	3.0
22	Turkey	101	0.5%	$364.7M	1.2
23	Nigeria	85	0.4%	$302.5M	0.4
24	Hong Kong	83	0.4%	$1.7B	11.0
25	Finland	76	0.4%	$451.3M	13.5
26	Ireland	71	0.4%	$535.8M	13.2
27	Belgium	70	0.3%	$539.1M	5.9
28	Austria	53	0.3%	$229.1M	5.8
29	Poland	49	0.2%	$194.6M	1.3
30	South Africa	42	0.2%	$72.3M	0.7
31	New Zealand	40	0.2%	$450.9M	7.6
32	Norway	39	0.2%	$291.6M	7.0
33	Estonia	37	0.2%	$107.8M	27.0
34	Portugal	35	0.2%	$740.5M	3.3
35	Mexico	34	0.2%	$984.1M	0.3
36	Czech Republic	33	0.2%	$89.8M	3.0
37	Indonesia	29	0.1%	$333.8M	0.1
38	Egypt	28	0.1%	$157.1M	0.2
39	Kenya	28	0.1%	$23.7M	0.5
40	Colombia	27	0.1%	$422.1M	0.5
41	Malaysia	25	0.1%	$137.8M	0.7
42	Vietnam	22	0.1%	$45.5M	0.2
43	Lithuania	21	0.1%	$194.8M	7.3
44	Argentina	20	0.1%	$139.4M	0.4
45	Ukraine	18	0.1%	$10.9M	0.5
46	Philippines	16	0.1%	$28.6M	0.1
47	Morocco	15	0.1%	$42.2M	0.4
48	Chile	15	0.1%	$76.8M	0.8
49	Pakistan	15	0.1%	$18.4M	0.1
50	Cayman Islands	13	0.1%	$128M	174.6
51	Uzbekistan	13	0.1%	$3M	0.4
52	Oman	12	0.1%	$13.5M	2.3
53	Cyprus	11	0.1%	$132.1M	8.1
54	Luxembourg	11	0.1%	$48.2M	16.2
55	Thailand	11	0.1%	$103.1M	0.2
56	Bangladesh	11	0.1%	$9.6M	0.1
57	Romania	10	0.0%	$35.2M	0.5
58	Taiwan	10	0.0%	$81M
59	Hungary	10	0.0%	$41.2M	1.0
60	Qatar	10	0.0%	$13M	3.5

Table 1. Startup funding by country. Source: FundingWatcher. Data as of 23 October 2026. Base: 20,088.

Previous values

Month	Data as of	Value
October 2026	19 October 2026	132
September 2026	28 September 2026	137

Table 2. Startup funding by country, value at each monthly update. Source: FundingWatcher. Data as of 23 October 2026.

Method: Rounds dated October 2025 to September 2026, counted from the startup file of 23 October 2026. The file keeps each company's most recent pre-seed, seed, angel or Series A to J round only, so a company that raised twice in the window counts once. Country is the company's headquarters. Population: World Bank, 2024. Full method.

Cite or embed

<a href="https://fundingwatcher.com/data/startup-funding-by-country/"><img src="https://fundingwatcher.com/static/figures/startup-funding-by-country.png" alt="Startups in 132 countries closed funding rounds from October 2025 to September 2026. The United States led with 8,496 of 20,088 rounds (42.3%), ahead of China with 3,260." width="1200" style="max-width:100%;height:auto"></a>
<p>Source: <a href="https://fundingwatcher.com/data/startup-funding-by-country/">FundingWatcher</a>, October 2026</p>

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