Global venture capital
The latest data and global trends in venture capital, startups, exits and innovation worldwide.
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Quarterly venture capital
Global venture capital raised by stage
Global venture capital raised by stage, quarterly
Startup
Breakout
Scaleup
Most active investors worldwide
Most active Global investors
| # | Investor | Type | Global rounds | Global companies | HQ |
|---|---|---|---|---|---|
| 1 | Accelerator | 10,492 | 7,396 | San Francisco, United States | |
| 2 | Accelerator | 3,736 | 3,196 | New York City, United States | |
| 3 | Venture capital | 3,376 | 1,876 | Menlo Park, United States | |
| 4 | Venture capital | 2,860 | 2,241 | Palo Alto, United States | |
| 5 | Accelerator | 2,467 | 2,047 | Singapore, Singapore | |
| 6 | Venture capital | 2,316 | 1,161 | Palo Alto, United States | |
| 7 | Venture capital | 2,162 | 1,084 | Menlo Park, United States | |
| 8 | Venture capital | 2,162 | 1,288 | Menlo Park, United States | |
| 9 | Venture capital | 2,043 | 1,214 | Princeton, United States | |
| 10 | Venture capital | 1,874 | 1,578 | Sunnyvale, United States |
Source: Dealroom.co
Top companies
Top funded
All-time total funding (includes non-VC sources)
- 1
OpenAISan Francisco, United States$221.9B - 2
AnthropicSan Francisco, United States$166.3B - 3
xAIPalo Alto, United States$37.1B - 4
WaymoMountain View, United States$27.1B - 5
DatabricksSan Francisco, United States$25.0B - 6
DiDiDongcheng District, China$20.2B - 7
DeepSeekChina$19.4B - 8
Ant Group | AlipayHangzhou, China$18.5B - 9
PrometheusSan Francisco, United States$18.2B - 10
UberSan Francisco, United States$15.2B
Hottest (Dealroom Signal)
Ranked by Dealroom's growth indicator
- 1
ŌURAOulu, Finland99 - 2
PreplyBrookline, United States98 - 3
Octopus EnergyLondon, United Kingdom98 - 4
AbridgePittsburgh, United States98 - 5
FluidStackNew York City, United States98 - 6
CanvaSydney, Australia98 - 7
FeverNew York City, United States98 - 8
PlataMexico City, Mexico98 - 9
NotionSan Francisco, United States98 - 10
NerosLos Angeles, United States98
Source: Dealroom.co
How global venture capital is distributed
The United States
Still the single largest source of venture capital by a wide margin, anchored by the Bay Area and New York alongside Boston, Seattle, Los Angeles and a deep bench of smaller hubs. The deepest late-stage capital and the biggest acquirers sit here.
Europe and Asia
Europe's funding is spread across London, Paris, Berlin, the Nordics and a dense network of smaller ecosystems, and has grown faster than the US in percentage terms from a smaller base. China, India, Singapore and Israel anchor Asia and the Middle East, though disclosed rounds often understate capital deployed through state-backed and strategic investors.
The rest of the world
Latin America, Africa and the rest of Asia-Pacific contribute a growing share, led by a few breakout hubs. Coverage outside the major markets is partial, so headline totals there should be read as a floor rather than a full picture.
Top countries
Top metro regions
Startups worldwide venture capital by metro · Last 12 months to end of Q3 2026
- 🇺🇸Bay AreaUnited States$381.5B
- 🇺🇸New York CityUnited States$40.3B
- 🇺🇸Los AngelesUnited States$26.6B
- 🇬🇧LondonUnited Kingdom$23.6B
- 🇺🇸SeattleUnited States$17.1B
- 🇨🇳BeijingChina$16.7B
- 🇺🇸BostonUnited States$16.1B
- 🇨🇳ShanghaiChina$13.6B
- 🇺🇸AustinUnited States$12.9B
- 🇫🇷ParisFrance$10.4B
Top metro regions
Startups worldwide venture capital by metro · 2026 Q1-3 (year to date)
- 🇺🇸Bay AreaUnited States$349.9B
- 🇺🇸New York CityUnited States$31.4B
- 🇺🇸Los AngelesUnited States$20.7B
- 🇬🇧LondonUnited Kingdom$18.6B
- 🇺🇸SeattleUnited States$15.3B
- 🇨🇳BeijingChina$14.0B
- 🇨🇳ShanghaiChina$12.8B
- 🇺🇸BostonUnited States$12.3B
- 🇺🇸AustinUnited States$10.7B
- 🇫🇷ParisFrance$9.4B
Top metro regions
Startups worldwide venture capital by metro · Q3 2026
- 🇺🇸Bay AreaUnited States$40.8B
- 🇺🇸SeattleUnited States$12.8B
- 🇺🇸New York CityUnited States$11.5B
- 🇺🇸Los AngelesUnited States$10.3B
- 🇨🇳BeijingChina$6.2B
- 🇺🇸AustinUnited States$5.6B
- 🇫🇷ParisFrance$5.0B
- 🇨🇳ShanghaiChina$5.0B
- 🇬🇧LondonUnited Kingdom$4.4B
- 🇺🇸DenverUnited States$4.4B
Top metro regions
Startups worldwide enterprise value by metro
- 🇺🇸Bay AreaUnited States$24.1T
- 🇺🇸SeattleUnited States$3.2T
- 🇺🇸Los AngelesUnited States$2.9T
- 🇺🇸AustinUnited States$2.2T
- 🇨🇳BeijingChina$2.0T
- 🇺🇸New York CityUnited States$1.9T
- 🇺🇸BostonUnited States$1.3T
- 🇨🇳ShanghaiChina$1.1T
- 🇬🇧LondonUnited Kingdom$875.5B
- 🇺🇸MiamiUnited States$744.4B
Top metro regions
Startups worldwide unicorns by metro
- 🇺🇸Bay AreaUnited States882
- 🇺🇸New York CityUnited States329
- 🇺🇸BostonUnited States207
- 🇨🇳BeijingChina174
- 🇺🇸Los AngelesUnited States163
- 🇬🇧LondonUnited Kingdom161
- 🇨🇳ShanghaiChina141
- 🇮🇱Tel AvivIsrael119
- 🇺🇸SeattleUnited States70
- 🇺🇸San DiegoUnited States63
Top metro regions
Global VC growth by metro · Last 12 months to end of Q3 2026 vs 2025
- 🇦🇪Abu DhabiUnited Arab Emirates+284%
- 🇺🇸CincinnatiUnited States+281%
- 🇳🇱EindhovenNetherlands+259%
- 🇳🇱Rotterdam - The HagueNetherlands+259%
- 🇺🇸ClevelandUnited States+255%
- 🇩🇪FrankfurtGermany+254%
- 🇵🇹LisbonPortugal+234%
- 🇨🇳ShanghaiChina+210%
- 🇺🇸OrlandoUnited States+193%
- Buenos Aires+154%
Top metro regions
Global VC concentration by metro · Last 12 months to end of Q3 2026
- 🇫🇷ParisFrance1.00×
- 🇩🇰CopenhagenDenmark1.00×
- 🇬🇧LondonUnited Kingdom1.00×
- 🇺🇸Bay AreaUnited States1.00×
- 🇺🇸New York CityUnited States1.00×
- 🇺🇸Los AngelesUnited States1.00×
- 🇺🇸SeattleUnited States1.00×
- 🇨🇳BeijingChina1.00×
- 🇺🇸BostonUnited States1.00×
- 🇨🇳ShanghaiChina1.00×
Top metro regions
Global unicorn concentration by metro · by HQ
- Buenos Aires1.00×
- 🇬🇧LondonUnited Kingdom1.00×
- 🇬🇧ManchesterUnited Kingdom1.00×
- 🇬🇧Cambridge (UK)United Kingdom1.00×
- 🇬🇧OxfordUnited Kingdom1.00×
- 🇮🇹MilanItaly1.00×
- 🇩🇪HamburgGermany1.00×
- 🇩🇪FrankfurtGermany1.00×
- 🇩🇪MunichGermany1.00×
- 🇩🇪DüsseldorfGermany1.00×
The world on the map
Notable rounds
Biggest Global rounds · Last 12 months to end of Q3 2026 (Top 15 rounds)
| Date | Company | Amount | Round | Lead investors |
|---|---|---|---|---|
| Mar 2026 | OpenAI | $122.0B | LATE VC | Andreessen Horowitz, SoftBank |
| May 2026 | Anthropic | $65.0B | SERIES H | Alphabet | Google, Altimeter Capital |
| Feb 2026 | Anthropic | $30.0B | SERIES G | Coatue Management, GIC |
| Jan 2026 | xAI | $20.0B | SERIES E | Baron Capital, Cisco Investments |
| Feb 2026 | Waymo | $16.0B | LATE VC | Alphabet | Google |
| Jun 2026 | Prometheus | $12.0B | GROWTH EQUITY VC | BlackRock, JPMorgan Chase & Co |
| Jul 2026 | Blue Origin | $10.0B | LATE VC | Coatue Management, Jeff Bezos |
| Jun 2026 | DeepSeek | $7.4B | EARLY VC | Tencent |
| Nov 2025 | Prometheus | $6.2B | GROWTH EQUITY VC | Bezos Expeditions |
| Jul 2026 | Safe Superintelligence | $5.0B | GROWTH EQUITY VC | Nvidia |
| Aug 2026 | Databricks | $5.0B | LATE VC | Coatue Management |
| May 2026 | Anduril | $5.0B | SERIES H | Andreessen Horowitz, Thrive Capital |
| Dec 2025 | Databricks | $5.0B | LATE VC | Andreessen Horowitz, Fidelity Investments |
| Jan 2026 | DayOne | $4.5B | SERIES C | Coatue Management, Hillhouse Capital |
| Sep 2026 | Crusoe | $3.9B | SERIES F | Atreides Management, Mubadala Investment Company |
Biggest Global rounds · 2026 Q1-3 (year to date) (Top 15 rounds)
| Date | Company | Amount | Round | Lead investors |
|---|---|---|---|---|
| Mar 2026 | OpenAI | $122.0B | LATE VC | Andreessen Horowitz, SoftBank |
| May 2026 | Anthropic | $65.0B | SERIES H | Alphabet | Google, Altimeter Capital |
| Feb 2026 | Anthropic | $30.0B | SERIES G | Coatue Management, GIC |
| Jan 2026 | xAI | $20.0B | SERIES E | Baron Capital, Cisco Investments |
| Feb 2026 | Waymo | $16.0B | LATE VC | Alphabet | Google |
| Jun 2026 | Prometheus | $12.0B | GROWTH EQUITY VC | BlackRock, JPMorgan Chase & Co |
| Jul 2026 | Blue Origin | $10.0B | LATE VC | Coatue Management, Jeff Bezos |
| Jun 2026 | DeepSeek | $7.4B | EARLY VC | Tencent |
| Jul 2026 | Safe Superintelligence | $5.0B | GROWTH EQUITY VC | Nvidia |
| Aug 2026 | Databricks | $5.0B | LATE VC | Coatue Management |
| May 2026 | Anduril | $5.0B | SERIES H | Andreessen Horowitz, Thrive Capital |
| Jan 2026 | DayOne | $4.5B | SERIES C | Coatue Management, Hillhouse Capital |
| Sep 2026 | Crusoe | $3.9B | SERIES F | Atreides Management, Mubadala Investment Company |
| Jul 2026 | Moonshot AI | Kimi | $3.5B | LATE VC | Chinese National Artificial Intelligence Industry Investment Fund |
| Sep 2026 | Mistral AI | $3.3B | SERIES D | PSG, Samsung Electronics |
Biggest Global rounds · Q3 2026 (Top 15 rounds)
Source: Dealroom.co · Updated 12 Oct 2026
Leading industries
Unicorns & exits
The global startup funnel
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