# Incubators and accelerators at early stage (2026 list)

> 184 incubators and accelerators at early stage, 82% active in the last 12 months. Led by Y Combinator, Plug and Play, MassChallenge. Ranked by what they funded.

Source: https://millionrounds.com/lists/incubators-accelerators-at-early-stage (Millionrounds; every figure on the page links to its filing or article)

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

# Incubators and accelerators at early stage

Updated 7 November 2026

Incubators and accelerators we have watched take part in an early stage round in the last two years.

[See all 184 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fincubators-accelerators-at-early-stage)The top 25

**184** investors on the list *+4* this week

**2,433** cheques in 12 months *-28%* against the market

**$3M** median round they joined *-62%* against the market median

**82%** wrote a cheque in 12 months

**25%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 3 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen
- 4 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 5 [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) *Deploying now* Accelerator · Canada **427** **$3M** median round **Sept 2026** last seen
- 6 [Neo](https://millionrounds.com/fund/neo) *Deploying now* Accelerator · United States **364** **$5.5M** median round **Nov 2026** last seen
- 7 [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) *Deploying now* Accelerator · United Kingdom **332** **$3.6M** median round **Oct 2026** last seen
- 8 [Venture Kick](https://millionrounds.com/fund/venture-kick) *Deploying now* Accelerator · Switzerland **329** **$2.1M** median round **Nov 2026** last seen
- 9 [Animoca Brands](https://millionrounds.com/fund/animoca-brands) *Deploying now* Accelerator · Hong Kong SAR China **318** **$5M** median round **Nov 2026** last seen
- 10 [Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator) *Deploying now* Accelerator · United States **284** **$2.3M** median round **Sept 2026** last seen
- 11 [In-Q-Tel](https://millionrounds.com/fund/iqt) *Deploying now* Accelerator · United States **273** **$20M** median round **Nov 2026** last seen
- 12 [Startup Wise Guys](https://millionrounds.com/fund/startup-wise-guys) *Deploying now* Accelerator · Estonia **237** **$551K** median round **Sept 2026** last seen
- 13 [Berkeley SkyDeck](https://millionrounds.com/fund/berkeley-skydeck) *Deploying now* Accelerator · United States **231** **$2M** median round **Oct 2026** last seen
- 14 [Founder Institute](https://millionrounds.com/fund/founder-institute-montreal) *Deploying now* Accelerator · United States **222** **$129K** median round **May 2026** last seen
- 15 [VentureOut](https://millionrounds.com/fund/ventureout) *Deploying now* Accelerator · United States **202** **$1.6M** median round **Jun 2026** last seen
- 16 [Cleantech Open](https://millionrounds.com/fund/cleantech-open) *Deploying now* Accelerator · United States **165** **$1.1M** median round **Sept 2026** last seen
- 17 [MedTech Innovator](https://millionrounds.com/fund/medtech-innovator) *Deploying now* Accelerator · United States **160** **$2.8M** median round **Sept 2026** last seen
- 18 [Google](https://millionrounds.com/fund/google-assistant-investments) *Deploying now* Accelerator · United States **154** **$40M** median round **Nov 2026** last seen
- 19 [Business Finland](https://millionrounds.com/fund/business-finland) *Deploying now* Accelerator · Finland **153** **$2.3M** median round **Sept 2026** last seen
- 20 [South Park Commons](https://millionrounds.com/fund/south-park-commons) *Deploying now* Accelerator · United States **153** **$7.8M** median round **Nov 2026** last seen
- 21 [Tenity](https://millionrounds.com/fund/tenity) *Deploying now* Accelerator · Switzerland **139** **$1.3M** median round **Sept 2026** last seen
- 22 [AGORANOV](https://millionrounds.com/fund/agoranov) *Deploying now* Accelerator · France **138** **$3M** median round **Jul 2026** last seen
- 23 [Expert Dojo](https://millionrounds.com/fund/expert-dojo) *Deploying now* Accelerator · United States **136** **$600K** median round **Aug 2026** last seen
- 24 [Brinc](https://millionrounds.com/fund/brinc) *Deploying now* Accelerator · Hong Kong SAR China **132** **$500K** median round **Jul 2026** last seen
- 25 [Rockstart](https://millionrounds.com/fund/rockstart) *Deploying now* Accelerator · Netherlands **131** **$1.2M** median round **Sept 2026** last seen

**159 more on this list**

All 184 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%2Fincubators-accelerators-at-early-stage)

## The Newest Cheques

Rounds this list's investors joined most recently

- **7** Nov **[LionBio Therapeutics](https://millionrounds.com/company/lionbio-therapeutics)** Pre-seed · $6M *With* [South Park Commons](https://millionrounds.com/fund/south-park-commons)
- **6** Nov **[URobotics](https://millionrounds.com/company/urobotics)** Series A · $30M *With* [Schmidt](https://millionrounds.com/fund/schmidt)
- **6** Nov **[Humble Robotics](https://millionrounds.com/company/humble-robotics)** Series A · $51M *Led by* [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures)
- **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *With* [In-Q-Tel](https://millionrounds.com/fund/iqt)
- **5** Nov **[Bizay](https://millionrounds.com/company/bizay)** Series D+ *Led by* [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners)
- **5** Nov **[Circularity Fuels](https://millionrounds.com/company/circularity-fuels)** Seed · $7M *With* [Sum Ventures](https://millionrounds.com/fund/sum-ventures-2)

## Stages This Year

2,271 rounds

- Venture **24%**
- Seed **23%**
- Pre-seed **15%**
- Series A **15%**
- Series B **5%**
- Other **17%**

## What They Backed

Sectors, last 12 months

- AI **1,015**
- Fintech **129**
- Big Data & Analytics **127**
- Healthcare **126**
- Biotech **107**
- Energy **72**

## Cheques by Quarter

Led Joined

887 Q1 25

829 Q2 25

974 Q3 25

910 Q4 25

793 Q1 26

665 Q2 26

498 Q3 26

128 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms at early stage 6,133](https://millionrounds.com/lists/vc-firms-at-early-stage)
- [VC firms at seed 3,708](https://millionrounds.com/lists/vc-firms-at-seed)
- [VC firms at Series A 3,249](https://millionrounds.com/lists/vc-firms-at-series-a)
- [VC firms at pre-seed 1,689](https://millionrounds.com/lists/vc-firms-at-pre-seed)
- [VC firms at Series B 1,595](https://millionrounds.com/lists/vc-firms-at-series-b)
- [VC firms at growth 1,005](https://millionrounds.com/lists/vc-firms-at-growth)
- [VC firms at Series C 958](https://millionrounds.com/lists/vc-firms-at-series-c)
- [PE firms at growth 772](https://millionrounds.com/lists/pe-firms-at-growth)
- [PE firms at Series B 700](https://millionrounds.com/lists/pe-firms-at-series-b)

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

## Reading for founders at seed

- The Elements of User Experience: User-Centered Design for the Web Jesse James Garrett · 2002 4.01 from 4,134 ratings on Goodreads Finding product-market fit Company building About the book Smart organizations recognize that Web design is more than just creating clean code and sharp graphics. A site that really works fulfills your strategic objectives while meeting the needs of your users. Even the best content and the most sophisticated technology won't help you… On AmazonListen on Audible
- Get Backed: Craft Your Story, Build the Perfect Pitch Deck, and Launch the Venture of Your Dreams Evan Baehr · 2015 4.36 from 356 ratings on Goodreads Raising money Company building About the book HOW DO YOU LAUNCH THE VENTURE OF YOUR DREAMS? Get Backed isn’t just about startup fundraising. It’s a handbook for anyone who has an idea and needs to build relationships to get it off the ground. Over the last 3 years, entrepreneurs Evan Loomis and Evan Baehr have… On AmazonListen on Audible
- Selling the Invisible: A Field Guide to Modern Marketing Harry Beckwith · 1997 3.94 from 10,059 ratings on Goodreads Marketing and growth First sales Company building About the book You can't touch, hear, or see your company's most important products... So how do you sell, develop, make them grow? That's the problem with services. This "phenomenal" book, as one reviewer called it, answers that question with insights on how markets work and how prospects… On AmazonListen on Audible
- 80/20 Sales and Marketing: The Definitive Guide to Working Less and Making More Perry Marshall · 2013 4.19 from 1,904 ratings on Goodreads First sales Marketing and growth Company building About the book Stop "Just Getting By"... Master The 80/20 Principle And Make More Money Without More Work. When you know how to walk into any situation and see the 80/20's, you can solve almost ANY marketing problem. 80/20 can demolish any sales and advertising problem. "If you don't know… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=seed).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about incubators and accelerators at early stage

### Who are the most active incubators and accelerators at early stage?

By cheques observed, the most active are Y Combinator, Plug and Play, MassChallenge, Google for Startups and Creative Destruction Lab.

### How many incubators and accelerators at early stage are there?

184 are on record. 82% made an investment in the last 12 months and 25% have led a round.

### Which stages do incubators and accelerators at early stage back?

Of the rounds with a named stage in the last 12 months, mostly Seed (32%) and Pre-seed (22%).

### How big are the rounds incubators and accelerators at early stage join?

The typical (median) round among the leading investors here is $2.3M.

### Which sectors do incubators and accelerators at early stage back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

### Which incubators and accelerators at early stage lead the most rounds?

Y Combinator (11 led), Animoca Brands (6 led) and Google (3 led).

### Where are incubators and accelerators at early stage based?

Among the most active, most are based in the United States (15), Switzerland (2) and Hong Kong SAR China (2).

### What have incubators and accelerators at early stage invested in recently?

Recent rounds include LionBio Therapeutics (Pre-seed, Nov 2026, with South Park Commons), URobotics (Series A, Nov 2026, with Schmidt) and Humble Robotics (Series A, Nov 2026, with Obvious Ventures).

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