Funding benchmark · last 12 months

The typical Series A round in Manufacturing

From 46 Series A rounds announced in Manufacturing over the last twelve months, each read from a named source. Half of them raised between $11M and $42M.

See the roundsAll benchmarks

Series AManufacturing
Median round$19M
$7.7M1 in 10 below$11M – $42Mmiddle half$142M1 in 10 above

46 rounds counted · recounted nightly

Rounds counted46Series A rounds in Manufacturing, last 12 months
Against worldwide-7%vs the $20M worldwide median
Since last round-too few earlier rounds on record
Lead named89%of these rounds name the investor who led

The trend

Median Series A round, quarter by quarter

From $18M in 2024 Q4 to $19M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$18M'24 Q46 rds
'25 Q14 rds
'25 Q22 rds
'25 Q34 rds
$17M'25 Q46 rds
$35M'26 Q110 rds
$27M'26 Q28 rds
$19M'26 Q39 rds

Who leads

The most active leads

The firms that led the most Series A rounds in Manufacturing this year.

  1. 1Plural3 led
  2. 2Andreessen Horowitz2 led
  3. 3Accel2 led
  4. 4Khosla Ventures2 led
  5. 5Marlinspike2 led
  6. 6Founders Fund1 led

Recent examples

Series A rounds in Manufacturing, latest first

How to read these figures

They come from announced rounds. Large rounds are almost always announced and many small ones never are, so the true typical round is probably a little smaller than shown, most of all at pre-seed and seed. Every round behind them is in the record with its source. How we read rounds.

Other stages in Manufacturing

Seed$4.4M

Series A elsewhere

AI$21MUnited States$25MFintech$16MHealthcare$20MUnited Kingdom$14MRobotics$28MBiotech$32MConstruction$23MCybersecurity$25MBig Data & Analytics$21MSoftware$18MEnergy$26MEnterprise Software$21MIndia$10MLogistics$13MDefence Tech$25MHardware & Electronics$25MFinancial Services$20MClimate Tech$15MAustralia$15MHealthtech$13MSaaS$17M

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Q&A

How big is a typical Series A round in Manufacturing?

The median is $19M, from 46 Series A rounds announced in Manufacturing in the last twelve months. Half of them raised between $11M and $42M; one in ten raised more than $142M.

Which rounds are counted?

Rounds announced in the last twelve months with a stated amount and stage, each read from a named article or filing. A page is only published where at least 30 rounds stand behind it.

Are these figures biased?

Towards larger rounds, yes. Big rounds are announced; many small ones never are. So the true typical round is probably a little smaller than the figure here, especially at pre-seed and seed.

How often does it change?

The figures are recounted from the record every night, as new rounds are read.