Monthly roundup · August 2026

Startup funding in August 2026: Firmus Technologies's $2.0B Growth leads 220 rounds

By Millionrounds ResearchPublished 1 September 2026Updated 5 November 2026

We read 220 equity rounds announced in August 2026, raising $25B between them. The largest was Firmus Technologies's $2.0B Growth. The median seed round was $5.8M, against $5.5M over the last twelve months; at Series A it was $29M. General Catalyst led the most rounds, with 3.

Equity rounds220announced in August, 207 with an amount
Raised$25Bacross those rounds
Lead named80%of rounds say who led
Countries35where the month's rounds were raised

The biggest rounds

  1. 1Firmus TechnologiesGrowth · Australia$2.0B
  2. 2Thrive HoldingsGrowth · United States · led by SoftBank BB Corp, Altimeter$2.0B
  3. 3HadrianGrowth · United States · led by Valor Equity Partners, JP Morgan Chase$1.4B
  4. 4ICEYESeries F · Finland · led by Scaleup Europe Fund, EQT's Scaleup Europe Fund$1.2B
  5. 5River AISeries A · United States · led by General Catalyst, AMP PBC$1.1B
  6. 6BBase PowerSeries D · United States · led by Valor Equity Partners, Ribbit Capital$1.0B
  7. 7Valar AtomicsSeries B · United States · led by Sequoia Capital$1.0B
  8. 8CastelionSeries C · United States · led by Andreessen Horowitz, JP Morgan Chase$800M
  9. 9Form EnergySeries G · United States · led by T. Rowe Price$750M
  10. 10LumilensSeries C · United States · led by Bain Capital Ventures, Spark Capital$700M
  11. 11WhatnotGrowth · United States · led by Greycroft$545M
  12. 12AntaresSeries C · United States · led by Paradigm, Caffeinated Capital$470M
  13. 13HiggsfieldSeries B · United States · led by DST Global$400M
  14. 14LovableSeries C · Sweden · led by Menlo Ventures, Scaleup Europe Fund$400M
  15. 15GroqSeries A · United States · led by Disruptive$350M

Day by day

Equity rounds announced each day of August. Most are announced on weekdays; the busiest day was 4 August, with 25.

1 August31 August
Weekly roundupWeek of 3 August→Weekly roundupWeek of 10 August→Weekly roundupWeek of 17 August→Weekly roundupWeek of 24 August→Weekly roundupWeek of 31 August→

By stage, against the year

Each stage's median this month beside its median over the last twelve months.

Pre-seed27$2.2Mthis month$2.0M12-month median
Seed50$5.8Mthis month$5.5M12-month median
Series A53$29Mthis month$20M12-month median
Series B29$50Mthis month$50M12-month median
Series C23$120Mthis month$100M12-month median
Series D10$135Mthis month$150M12-month median
Growth22$115Mthis month$113M12-month median

The most active leads

Firms that led three or more of the month's rounds.

Country roundups

The month in the eight countries with the most equity rounds, each written up on its own.

93 roundsUnited States→ 24 roundsUnited Kingdom→ 12 roundsAustralia→ 9 roundsCanada→ 8 roundsIndia→ 8 roundsBrazil→ 5 roundsChina→

Sector roundups

The month in every sector with 10 or more equity rounds, each written up on its own. A company can sit in more than one sector.

117 roundsAI→32 roundsFintech→24 roundsRobotics→21 roundsConstruction→18 roundsHealthcare→18 roundsSoftware→17 roundsEnergy→14 roundsLogistics→14 roundsBig Data & Analytics→13 roundsDefence Tech→12 roundsEnterprise Software→12 roundsCloud→11 roundsCleantech→11 roundsBiotech→11 roundsCybersecurity→10 roundsClimate Tech→

Where

United States had the most rounds this month.

In what

AI was the busiest sector.