# Deeptech lead investors (2026 list)

> 101 deeptech lead investors, 95% active in the last 12 months. Led by New Enterprise Associates, General Catalyst, Bpifrance. Ranked by what they funded.

Source: https://millionrounds.com/lists/deeptech-lead-investors (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Deeptech lead investors

Updated 7 November 2026

Firms we have watched lead a round raised by a deeptech company in the last two years. Leading is rarer than taking part, and it is the role a founder most needs filled.

[See all 101 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fdeeptech-lead-investors)The top 25

**101** investors on the list *+5* this week

**1,885** cheques in 12 months *+0%* against the market

**$9.4M** median round they joined *+18%* against the market median

**95%** wrote a cheque in 12 months

**100%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) *Deploying now* VC firm · United States **1,610** **$34M** median round **Oct 2026** last seen
- 2 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 3 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen
- 4 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 5 [Intel Capital](https://millionrounds.com/fund/intel-capital) *Deploying now* Corporate VC · United States **1,123** **$22M** median round **Oct 2026** last seen
- 6 [Index Ventures](https://millionrounds.com/fund/index-ventures) *Deploying now* VC firm · United Kingdom **1,027** **$31M** median round **Nov 2026** last seen
- 7 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen
- 8 [Spark Capital](https://millionrounds.com/fund/spark-capital) *Deploying now* VC firm · United States **471** **$40M** median round **Oct 2026** last seen
- 9 [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) *Deploying now* VC firm · United States **398** **$40M** median round **Nov 2026** last seen
- 10 [SFC Capital](https://millionrounds.com/fund/sfc-capital) *Deploying now* Angel network · United Kingdom **379** **$431K** median round **Nov 2026** last seen
- 11 [Balderton Capital](https://millionrounds.com/fund/balderton-capital) *Deploying now* VC firm · United Kingdom **368** **$30M** median round **Oct 2026** last seen
- 12 [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) *Deploying now* VC firm · United States **337** **$74M** median round **Oct 2026** last seen
- 13 [Venture Kick](https://millionrounds.com/fund/venture-kick) *Deploying now* Accelerator · Switzerland **329** **$2.1M** median round **Nov 2026** last seen
- 14 [In-Q-Tel](https://millionrounds.com/fund/iqt) *Deploying now* Accelerator · United States **273** **$20M** median round **Nov 2026** last seen
- 15 [Ventech](https://millionrounds.com/fund/ventech) *Deploying now* VC firm · France **212** **$7.4M** median round **Oct 2026** last seen
- 16 [Inflection Point Ventures](https://millionrounds.com/fund/inflection-point-ventures) *Deploying now* VC firm · United States **181** **$1M** median round **Oct 2026** last seen
- 17 [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) *Deploying now* VC firm · Germany **179** **$13M** median round **Oct 2026** last seen
- 18 [IP Group](https://millionrounds.com/fund/ip-group) *Deploying now* VC firm · United Kingdom **174** **$9.1M** median round **Oct 2026** last seen
- 19 [HV Capital](https://millionrounds.com/fund/hv-capital) *Deploying now* VC firm · Germany **166** **$20M** median round **Oct 2026** last seen
- 20 [Caffeinated Capital](https://millionrounds.com/fund/caffeinated-capital) *Deploying now* VC firm · United States **143** **$14M** median round **Sept 2026** last seen
- 21 [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) *Deploying now* VC firm · Finland **141** **$5.7M** median round **Nov 2026** last seen
- 22 [Industrifonden](https://millionrounds.com/fund/industrifonden) *Deploying now* VC firm · Sweden **140** **$5.8M** median round **Oct 2026** last seen
- 23 [Omers Ventures](https://millionrounds.com/fund/omers-ventures) *Deploying now* VC firm · Canada **118** **$21M** median round **Sept 2026** last seen
- 24 [Radical Ventures](https://millionrounds.com/fund/radical-ventures) *Deploying now* VC firm · Canada **94** **$26M** median round **Sept 2026** last seen
- 25 [Chiratae Ventures](https://millionrounds.com/fund/chiratae-ventures) *Deploying now* Corporate VC · India **90** **$6.6M** median round **Oct 2026** last seen

**76 more on this list**

All 101 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fdeeptech-lead-investors)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Vensum Power](https://millionrounds.com/company/vensum-power)** Series A · $10M *Led by* [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures)
- **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *With* [In-Q-Tel](https://millionrounds.com/fund/iqt)
- **5** Nov **[Potential Sciences](https://millionrounds.com/company/potential-sciences)** Seed *With* [Twin Path Ventures](https://millionrounds.com/fund/twin-path-ventures)
- **5** Nov **[Nayara](https://millionrounds.com/company/nayara)** Pre-seed · $522K *Led by* [SFC Capital](https://millionrounds.com/fund/sfc-capital)
- **5** Nov **[Quint Computing](https://millionrounds.com/company/quint-computing)** Series A · $10M *With* [Quantonation](https://millionrounds.com/fund/quantonation)
- **5** Nov **[altM](https://millionrounds.com/company/altm)** Series A · $10M *Led by* [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha)

## Stages This Year

1,617 rounds

- Seed **20%**
- Series A **18%**
- Venture **15%**
- Series B **11%**
- Other **6%**
- Other **30%**

## What They Backed

Sectors, last 12 months

- AI **661**
- Biotech **170**
- Healthcare **126**
- Fintech **90**
- Big Data & Analytics **75**
- Hardware & Electronics **69**

## Cheques by Quarter

Led Joined

499 Q1 25

510 Q2 25

497 Q3 25

565 Q4 25

545 Q1 26

512 Q2 26

453 Q3 26

158 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI lead investors 1,723](https://millionrounds.com/lists/ai-lead-investors)
- [Lead investors in United States 1,370](https://millionrounds.com/lists/lead-investors-in-united-states)
- [Seed lead investors 1,091](https://millionrounds.com/lists/seed-lead-investors)
- [Series A lead investors 920](https://millionrounds.com/lists/series-a-lead-investors)
- [Fintech lead investors 763](https://millionrounds.com/lists/fintech-lead-investors)
- [Series B lead investors 579](https://millionrounds.com/lists/series-b-lead-investors)
- [Growth lead investors 555](https://millionrounds.com/lists/growth-lead-investors)
- [Robotics lead investors 397](https://millionrounds.com/lists/robotics-lead-investors)
- [Pre-seed lead investors 396](https://millionrounds.com/lists/pre-seed-lead-investors)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about deeptech lead investors

### Who are the most active deeptech lead investors?

By cheques observed, the most active are New Enterprise Associates, General Catalyst, Bpifrance, Khosla Ventures and Intel Capital.

### How many deeptech lead investors are there?

101 are on record. 95% made an investment in the last 12 months and 100% have led a round.

### Which stages do deeptech lead investors back?

Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Series A (23%).

### How big are the rounds deeptech lead investors join?

The typical (median) round among the leading investors here is $20M.

### Which sectors do deeptech lead investors back most?

In the last 12 months, mostly AI, Biotech and Healthcare.

### Which deeptech lead investors lead the most rounds?

General Catalyst (97 led), New Enterprise Associates (73 led) and Index Ventures (62 led).

### Where are deeptech lead investors based?

Among the most active, most are based in the United States (10), the United Kingdom (4) and France (2).

### What have deeptech lead investors invested in recently?

Recent rounds include Vensum Power (Series A, Nov 2026, with Lifeline Ventures), Ocient (Series C, Nov 2026, with In-Q-Tel) and Potential Sciences (Seed, Nov 2026, with Twin Path Ventures).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)