Investor Lists

PE firms backing Generative AI

Updated 7 November 2026

PE firms we have observed in a generative AI round in the last two years.

See all 63 →The top 25
63investors on the listNo change this week
675cheques in 12 months+18% against the market
$446Mmedian round they joined+5475% against the market median
92%wrote a cheque in 12 months
54%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

  1. 1Pioneer FundDeploying nowPrivate equity · United States551$2.9Mmedian roundNov 2026last seen
  2. 2IDG CapitalDeploying nowPrivate equity · China504$25Mmedian roundOct 2026last seen
  3. 3Summit PartnersDeploying nowPrivate equity · United States356$81Mmedian roundOct 2026last seen
  4. 4Morgan Stanley Investment ManagementDeploying nowPrivate equity · United States288$56Mmedian roundOct 2026last seen
  5. 5General AtlanticDeploying nowPrivate equity · United States273$127Mmedian roundOct 2026last seen
  6. 6TPGDeploying nowPrivate equity · United States205$91Mmedian roundNov 2026last seen
  7. 7K5 GlobalDeploying nowPrivate equity · United States199$11Mmedian roundOct 2026last seen
  8. 8Altair CapitalDeploying nowPrivate equity · Singapore196$2.9Mmedian roundOct 2026last seen
  9. 9CDH InvestmentsDeploying nowPrivate equity · Hong Kong SAR China190$30Mmedian roundOct 2026last seen
  10. 10DST GlobalDeploying nowPrivate equity · United Kingdom158$81Mmedian roundOct 2026last seen
  11. 11EurazeoDeploying nowPrivate equity · France150$28Mmedian roundOct 2026last seen
  12. 12T. Rowe PriceDeploying nowPrivate equity · United States136$400Mmedian roundNov 2026last seen
  13. 13Blackstone GroupDeploying nowPrivate equity · United States98$200Mmedian roundSept 2026last seen
  14. 14GICDeploying nowPrivate equity · Singapore92$200Mmedian roundOct 2026last seen
  15. 15Iconiq CapitalDeploying nowGrowth equity · Sri Lanka87$75Mmedian roundSept 2026last seen
  16. 16Space CapitalDeploying nowPrivate equity · Italy79$12Mmedian roundOct 2026last seen
  17. 17Advent InternationalDeploying nowPrivate equity · United States59$740Mmedian roundOct 2026last seen
  18. 18AtlanticDeploying nowPrivate equity · Germany53$35Mmedian roundOct 2026last seen
  19. 19Dragoneer InvestmentDeploying nowPrivate equity · United States39$500Mmedian roundOct 2026last seen
  20. 20Qatar BanDeploying nowGrowth equity · Qatar33$548Mmedian roundSept 2026last seen
  21. 21Providence Equity PartnersDeploying nowPrivate equity · United States19$88Mmedian roundSept 2026last seen
  22. 22Samsung ElectronicsDeploying nowGrowth equity · South Korea18$145Mmedian roundSept 2026last seen
  23. 23Jane StreetDeploying nowGrowth equity17$1Bmedian roundOct 2026last seen
  24. 24MGXDeploying nowGrowth equity · India16$5.5Bmedian roundOct 2026last seen
  25. 25NFDGDeploying nowGrowth equity · United States12$113Mmedian roundJun 2026last seen
38 more on this list

All 63 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

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Quick answers about PE firms backing Generative AI

Who are the most active PE firms backing Generative AI?

By cheques observed, the most active are Pioneer Fund, IDG Capital, Summit Partners, Morgan Stanley Investment Management and General Atlantic.

How many PE firms backing Generative AI are there?

63 are on record. 92% made an investment in the last 12 months and 54% have led a round.

Which stages do PE firms backing Generative AI back?

Of the rounds with a named stage in the last 12 months, mostly Seed (21%) and Series A (17%).

How big are the rounds PE firms backing Generative AI join?

The typical (median) round among the leading investors here is $88M.

Which sectors do PE firms backing Generative AI back most?

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

Which PE firms backing Generative AI lead the most rounds?

General Atlantic (32 led), GIC (17 led) and DST Global (12 led).

Where are PE firms backing Generative AI based?

Among the most active, most are based in the United States (12), Singapore (2) and China (1).

What have PE firms backing Generative AI invested in recently?

Recent rounds include Arka Fincap (Other, Nov 2026, with TPG), Nyquis (Seed, Nov 2026, with Pioneer Fund) and Sand.ai (Series A, Nov 2026, with Pudong Venture Capital).

Built from the rounds we watched, refreshed every night. How we count · Report a correction