Capital by region
Disclosed capital raised by startups in each region.
Analysis · 19 October 2026
Where the startup money went.
38 rounds and $2.41B in disclosed capital, broken down by region, country, stage, industry and investor. Totals count disclosed amounts only. Written analysis of each trend follows as the data builds.
$2.41Bdisclosed capital
38rounds
$7.7Mmedian disclosed round
The numbers in 18 charts
Rounds by region
Number of rounds announced, disclosed or not.
Top countries by capital
Eight countries with the most disclosed capital.
Most active countries
Countries ranked by number of rounds.
Capital by stage
Disclosed capital per funding stage.
Rounds by stage
How many rounds were at each stage.
Capital by industry
Industries with the most disclosed capital.
Most active industries
Industries ranked by number of rounds.
Largest rounds
The eight biggest disclosed rounds.
Round sizes
Disclosed rounds grouped by size.
Median round by stage
Typical disclosed round size at each stage.
How concentrated was the money
Share of disclosed capital taken by the largest rounds.
85%of disclosed capital went to the five largest rounds. The single largest took 62%.
All capital
Largest roundNext fourEverything else
Disclosure by region
Share of rounds in each region that stated an amount.
Stage mix by region
Rounds in each region, split by stage.
Americas
Asia-Pacific
Europe
Middle East
Africa
Not stated
Pre-seedSeedSeries ASeries BSeries CSeries DSeries EGrowthStrategicNot stated
Most active investors
Investors named in the most rounds. Counts only named investors, so they are a floor.
Investors leading the most capital
Disclosed size of the rounds each investor led.
Where rounds were first reported
Language of the first report we found for each round.
English: 26 (68%)Local language: 12 (32%)
What we know about each startup
Share of startups for which each detail is public.
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