Startup funding by country and city, 2026
Published 17 October 2026
15,185 venture rounds from January to September 2026, $286.1B in disclosed amounts. 514 rounds of $100M or more hold $188.1B (65.8%). Press figures per country, ready to copy: startup funding 2026 press figures.
Countries, all rounds
| Country | Rounds | Total | Share | Largest round |
|---|---|---|---|---|
| United States | 6,566 | $169.3B | 59.2% | xAI, $20.0B Series E |
| China | 2,520 | $46.6B | 16.3% | DeepSeek, $7.4B Series A |
| United Kingdom | 764 | $11.8B | 4.1% | Ineffable Intelligence, $1.1B seed |
| Germany | 349 | $8.9B | 3.1% | Helsing, $1.8B Series E |
| France | 242 | $8.2B | 2.9% | Mistral AI, $3.5B Series D |
| India | 803 | $5.8B | 2.0% | Neysa, $600M Series B |
| Canada | 231 | $2.9B | 1.0% | Waabi, $750M Series C |
| Singapore | 151 | $2.8B | 1.0% | Ant International, $1.2B Series A |
| The Netherlands | 104 | $2.7B | 1.0% | Wonderful, $550M Series C |
| Israel | 87 | $2.6B | 0.9% | DriveNets, $410M Series D |
| Spain | 154 | $2.1B | 0.7% | Multiverse Computing, $570M Series C |
| Switzerland | 150 | $1.8B | 0.6% | Oviva, $234M Series D |
| Sweden | 115 | $1.8B | 0.6% | Neko Health, $700M Series C |
| Japan | 351 | $1.7B | 0.6% | CADDi, $114M Series D |
| South Korea | 335 | $1.6B | 0.5% | DEEPX, $80M Series D |
| Australia | 139 | $1.4B | 0.5% | AdvanCell, $315M Series D |
| Saudi Arabia | 78 | $1.3B | 0.4% | D360 Bank, $400M Series A |
| Hong Kong | 68 | $1.2B | 0.4% | Qupital, $300M Series C |
| United Arab Emirates | 108 | $979M | 0.3% | Cadena, $275M Series C |
| Mexico | 25 | $928M | 0.3% | Plata, $405M Series C |
| Brazil | 107 | $772M | 0.3% | Kesh Bank, $107M seed |
| Portugal | 24 | $660M | 0.2% | TEKEVER, $580M Series D |
| Italy | 123 | $560M | 0.2% | Smartness, $55M Series B |
| Belgium | 57 | $521M | 0.2% | Coultreon Biopharma, $125M Series A |
| Denmark | 94 | $487M | 0.2% | Breye Therapeutics, $77M Series A |
Countries, rounds under $100M
| Country | Rounds | Under $100M | Share | Money in $100M+ rounds |
|---|---|---|---|---|
| United States | 6,273 | $47.0B | 47.9% | 72.3% |
| China | 2,419 | $17.9B | 18.3% | 61.6% |
| United Kingdom | 739 | $5.6B | 5.7% | 52.7% |
| India | 796 | $3.8B | 3.9% | 34.3% |
| Germany | 338 | $2.7B | 2.8% | 69.5% |
| France | 233 | $2.1B | 2.2% | 74.2% |
| South Korea | 335 | $1.6B | 1.6% | 0.0% |
| Japan | 350 | $1.6B | 1.6% | 6.8% |
| Canada | 226 | $1.4B | 1.4% | 51.2% |
| Israel | 81 | $1.4B | 1.4% | 46.9% |
| The Netherlands | 98 | $995M | 1.0% | 63.8% |
| Australia | 137 | $971M | 1.0% | 30.5% |
| Singapore | 145 | $811M | 0.8% | 70.9% |
| Switzerland | 144 | $771M | 0.8% | 58.2% |
| Spain | 147 | $733M | 0.7% | 64.7% |
| Brazil | 106 | $665M | 0.7% | 13.8% |
| Sweden | 112 | $622M | 0.6% | 65.9% |
| Italy | 123 | $560M | 0.6% | 0.0% |
| Denmark | 94 | $487M | 0.5% | 0.0% |
| United Arab Emirates | 106 | $474M | 0.5% | 51.6% |
| Hong Kong | 64 | $407M | 0.4% | 65.4% |
| Belgium | 56 | $396M | 0.4% | 24.0% |
| Ireland | 51 | $332M | 0.3% | 24.9% |
| Saudi Arabia | 75 | $308M | 0.3% | 75.8% |
| Colombia | 20 | $256M | 0.3% | 33.6% |
Countries, early stage
Pre-seed, seed, angel and Series A rounds under $100M: 13,267 rounds, $61.0B.
| Country | Rounds | Raised | Share | Average round |
|---|---|---|---|---|
| United States | 5,825 | $29.1B | 47.7% | $5M |
| China | 1,932 | $10.2B | 16.8% | $5M |
| United Kingdom | 687 | $3.7B | 6.0% | $5M |
| India | 701 | $1.9B | 3.2% | $3M |
| Germany | 318 | $1.9B | 3.1% | $6M |
| France | 212 | $1.5B | 2.4% | $7M |
| Israel | 72 | $1.2B | 1.9% | $16M |
| Canada | 213 | $909M | 1.5% | $4M |
| Japan | 276 | $780M | 1.3% | $3M |
| South Korea | 277 | $657M | 1.1% | $2M |
| Singapore | 135 | $598M | 1.0% | $4M |
| The Netherlands | 89 | $596M | 1.0% | $7M |
| Australia | 124 | $563M | 0.9% | $5M |
| Switzerland | 135 | $555M | 0.9% | $4M |
| Spain | 142 | $537M | 0.9% | $4M |
| Italy | 119 | $469M | 0.8% | $4M |
| Brazil | 98 | $431M | 0.7% | $4M |
| Sweden | 107 | $385M | 0.6% | $4M |
| Denmark | 92 | $376M | 0.6% | $4M |
| United Arab Emirates | 101 | $350M | 0.6% | $3M |
| Belgium | 54 | $319M | 0.5% | $6M |
| Saudi Arabia | 75 | $308M | 0.5% | $4M |
| Hong Kong | 56 | $245M | 0.4% | $4M |
| Finland | 58 | $229M | 0.4% | $4M |
| Ireland | 47 | $219M | 0.4% | $5M |
Cities, all rounds
| City | Rounds | Total | Under $100M | Rounds of $100M+ |
|---|---|---|---|---|
| Palo Alto | 124 | $27.0B | $1.2B | 22 |
| San Francisco | 1,408 | $25.6B | $9.6B | 52 |
| Mountain View | 44 | $18.2B | $289M | 9 |
| New York | 776 | $15.6B | $7.4B | 38 |
| Hangzhou | 210 | $9.7B | $1.2B | 7 |
| London | 476 | $8.0B | $3.7B | 17 |
| Paris | 135 | $7.2B | $1.4B | 7 |
| Haidian | 105 | $6.2B | $1.1B | 9 |
| Beijing | 279 | $6.0B | $2.2B | 18 |
| Austin | 184 | $5.5B | $1.4B | 9 |
| Shenzhen | 336 | $5.3B | $1.9B | 16 |
| Costa Mesa | 4 | $5.0B | $26M | 1 |
| Denver | 59 | $4.3B | $169M | 2 |
| Shanghai | 297 | $4.2B | $2.3B | 12 |
| San Jose | 55 | $4.1B | $550M | 11 |
| Munich | 73 | $3.6B | $725M | 4 |
| Boston | 131 | $3.1B | $1.5B | 7 |
| Bastrop | 1 | $3.0B | $0 | 1 |
| Bangalore | 232 | $3.0B | $1.6B | 6 |
| Cambridge | 79 | $2.9B | $1.4B | 7 |
| Redwood City | 23 | $2.8B | $502M | 3 |
| Singapore | 150 | $2.8B | $810M | 6 |
| Los Angeles | 181 | $2.6B | $1.2B | 5 |
| El Segundo | 18 | $2.3B | $162M | 8 |
| Suzhou | 199 | $1.9B | $1.4B | 3 |
Cities, rounds under $100M
| City | Rounds | Under $100M | Total |
|---|---|---|---|
| San Francisco | 1,356 | $9.6B | $25.6B |
| New York | 738 | $7.4B | $15.6B |
| London | 459 | $3.7B | $8.0B |
| Shanghai | 285 | $2.3B | $4.2B |
| Beijing | 261 | $2.2B | $6.0B |
| Shenzhen | 320 | $1.9B | $5.3B |
| Bangalore | 226 | $1.6B | $3.0B |
| Boston | 124 | $1.5B | $3.1B |
| Austin | 175 | $1.4B | $5.5B |
| Paris | 128 | $1.4B | $7.2B |
| Cambridge | 72 | $1.4B | $2.9B |
| Suzhou | 196 | $1.4B | $1.9B |
| Hangzhou | 203 | $1.2B | $9.7B |
| Palo Alto | 102 | $1.2B | $27.0B |
| Los Angeles | 176 | $1.2B | $2.6B |
| Haidian | 96 | $1.1B | $6.2B |
| Seattle | 85 | $962M | $1.4B |
| Berlin | 98 | $908M | $1.0B |
| Tokyo | 169 | $905M | $905M |
| Tel Aviv | 46 | $874M | $1.4B |
| Singapore | 144 | $810M | $2.8B |
| Brooklyn | 79 | $788M | $1.0B |
| Chicago | 92 | $752M | $862M |
| Munich | 69 | $725M | $3.6B |
| Menlo Park | 36 | $672M | $1.1B |
Largest rounds
| Company | Country | Round | Date | Amount |
|---|---|---|---|---|
| xAI | United States | Series E | 2026-01-06 | $20.0B |
| Waymo | United States | Series D | 2026-02-02 | $16.0B |
| DeepSeek | China | Series A | 2026-06-16 | $7.4B |
| Anduril Industries | United States | Series H | 2026-05-13 | $5.0B |
| Crusoe | United States | Series F | 2026-09-03 | $3.9B |
| Moonshot AI | China | Series F | 2026-07-29 | $3.5B |
| Mistral AI | France | Series D | 2026-09-08 | $3.5B |
| The Boring Company | United States | Series D | 2026-09-09 | $3.0B |
| Cognition | United States | Series E | 2026-09-08 | $2.0B |
| Helsing | Germany | Series E | 2026-07-13 | $1.8B |
| Saronic | United States | Series D | 2026-03-31 | $1.8B |
| Fireworks AI | United States | Series D | 2026-07-15 | $1.5B |
| Baseten | United States | Series F | 2026-06-22 | $1.5B |
| NEURA Robotics | Germany | Series C | 2026-06-10 | $1.4B |
| Ant International | Singapore | Series A | 2026-07-20 | $1.2B |
| Quantum Systems | Germany | Series D | 2026-07-02 | $1.2B |
| River AI | United States | Series A | 2026-08-11 | $1.1B |
| Ineffable Intelligence | United Kingdom | seed | 2026-04-27 | $1.1B |
| Advanced Machine Intelligence | France | seed | 2026-03-10 | $1.0B |
| Instinct | United States | Series C | 2026-09-28 | $1.0B |
Method
The FundingWatcher startup file holds 166,059 companies whose most recent round is a named stage, pre-seed and angel through Series J. Data as of 12 October 2026. We took every company whose most recent round is dated 1 January to 30 September 2026 and summed the disclosed amount in US dollars. A round with no amount counts as a round and adds nothing to the money. Country and city are the company's headquarters. 555 rounds have no country; they are in the totals and left out of the country tables. Haidian, a district of Beijing, is listed apart from Beijing as the file records it.
- One round per company. The file keeps each company's latest round, so a company that raised twice in 2026 counts once, at the later round.
- Named stages only. Debt, grants, corporate rounds, private equity, secondary sales and rounds without a named stage are out. OpenAI (latest entry a secondary sale), Anthropic (latest entry debt) and Databricks (private equity) are not in these tables.
- The $100M cut is at the round: a round of exactly $100M counts as $100M or more. Early stage means pre-seed, seed, angel and Series A rounds under $100M.
Data
The files below are under CC BY 4.0.
- funding_by_country_2026_q1_q3.csv, 118 countries with rounds, total, total under $100M, early stage under $100M and the largest round
- funding_by_city_2026_q1_q3.csv, 2,391 cities
- largest_rounds_2026_q1_q3.csv, the 100 largest rounds
- funding_by_round_type_2026_q1_q3.csv, rounds and money by stage
- METHOD.md
Figures used: funded startups, rounds per month.
Figures used
Cite this
Cite: FundingWatcher, Startup funding by country and city, 2026, 2026-10-17. https://fundingwatcher.com/research/startup-funding-by-country-2026/