# Construction startup funding, August 2026: Thrive Holdings's $2.0B Growth leads 21 rounds

> We read 21 equity rounds in Construction announced in August 2026, raising $3.7B between them: 10% of all the rounds we read that month and 15% of the money.

Source: https://millionrounds.com/news/monthly/2026-08/sector/construction (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **21** in Construction, 21 with an amount

Raised **$3.7B** across those rounds

Lead named **86%** of rounds say who led

Share of the month **10%** of rounds; 15% of the money

## The biggest rounds

- [1 **Thrive Holdings** Growth · United States · led by SoftBank BB Corp, Altimeter **$2.0B**](https://millionrounds.com/company/thrive-holdings)
- [2 **Groq** Series A · United States · led by Disruptive **$350M**](https://millionrounds.com/company/groq)
- [3 V **Volta** Series A · led by Andreessen Horowitz, Altimeter **$300M**](https://millionrounds.com/company/volta)
- [4 **Panthalassa** Growth · United States · led by Hanwha Asset Management, 8090 Industries **$225M**](https://millionrounds.com/company/panthalassa)
- [5 **Gravis Robotics** Series A · Switzerland · led by SoftBank BB Corp **$200M**](https://millionrounds.com/company/gravis-robotics)
- [6 E **Erco Energía** Series C · Colombia **$129M**](https://millionrounds.com/company/erco-energia)
- [7 **Velaura AI** Series A · United States · led by Seligman Ventures **$110M**](https://millionrounds.com/company/velaura-ai)
- [8 **Callosum** Seed · United Kingdom · led by Atomico **$100M**](https://millionrounds.com/company/callosum)
- [9 Y **Yuno** Series B · Colombia · led by Global PayTech Ventures **$45M**](https://millionrounds.com/company/yuno)
- [10 **Trajectory** Series A · United States **$40M**](https://millionrounds.com/company/trajectory)

## Day by day

Equity rounds in Construction announced each day of August. The busiest day was 4 August, with 2.

1 August 31 August

## By stage, against the year

Each stage's median this month beside its twelve-month median: the sector's own where we hold enough rounds for a benchmark, otherwise the one across all sectors.

[Pre-seed](https://millionrounds.com/benchmarks/pre-seed) *2* **$1.9M** this month **$2.0M** 12 months, all sectors

[Seed](https://millionrounds.com/benchmarks/seed/construction) *3* **$26M** this month **$5.2M** 12 months here

[Series A](https://millionrounds.com/benchmarks/series-a/construction) *10* **$34M** this month **$24M** 12 months here

[Series B](https://millionrounds.com/benchmarks/series-b/construction) *1* **$45M** this month **$40M** 12 months here

[Series C](https://millionrounds.com/benchmarks/series-c) *2* **$85M** this month **$100M** 12 months, all sectors

[Growth](https://millionrounds.com/benchmarks/growth) *3* **$225M** this month **$113M** 12 months, all sectors

## The most active leads

Firms that led two or more of the month's rounds in Construction.

- [**SoftBank BB Corp** Gravis Robotics, Thrive Holdings *2 led*](https://millionrounds.com/fund/softbank)
- [**Altimeter** Thrive Holdings, Volta *2 led*](https://millionrounds.com/fund/altimeter-capital)

## Where

- [United States](https://millionrounds.com/news/monthly/2026-08/united-states) **8**
- [Brazil](https://millionrounds.com/news/monthly/2026-08/brazil) **2**
- Colombia **2**
- [Canada](https://millionrounds.com/news/monthly/2026-08/canada) **1**
- Denmark **1**
- Finland **1**
- [United Kingdom](https://millionrounds.com/news/monthly/2026-08/united-kingdom) **1**
- [India](https://millionrounds.com/news/monthly/2026-08/india) **1**

United States had the most Construction rounds this month.

## Against the month

- Rounds, Construction **21**
- Rounds, all sectors **220**
- Raised, Construction **$3.7B**
- Raised, all sectors **$25B**

[The whole of August 2026](https://millionrounds.com/news/monthly/2026-08)

## Other sectors in August

[117 rounds **AI** *→*](https://millionrounds.com/news/monthly/2026-08/sector/ai)[32 rounds **Fintech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/fintech)[24 rounds **Robotics** *→*](https://millionrounds.com/news/monthly/2026-08/sector/robotics)[18 rounds **Healthcare** *→*](https://millionrounds.com/news/monthly/2026-08/sector/healthcare)[18 rounds **Software** *→*](https://millionrounds.com/news/monthly/2026-08/sector/software)[17 rounds **Energy** *→*](https://millionrounds.com/news/monthly/2026-08/sector/energy)[14 rounds **Logistics** *→*](https://millionrounds.com/news/monthly/2026-08/sector/logistics)[14 rounds **Big Data & Analytics** *→*](https://millionrounds.com/news/monthly/2026-08/sector/big-data)[13 rounds **Defence Tech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/defensetech)[12 rounds **Enterprise Software** *→*](https://millionrounds.com/news/monthly/2026-08/sector/enterprise-software)[12 rounds **Cloud** *→*](https://millionrounds.com/news/monthly/2026-08/sector/cloud)[11 rounds **Cleantech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/cleantech)[11 rounds **Biotech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/biotech)[11 rounds **Cybersecurity** *→*](https://millionrounds.com/news/monthly/2026-08/sector/cybersecurity)[10 rounds **Climate Tech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/climate)

**How this roundup is made**

It is written from the rounds we read that month in named articles and filings, by the sectors we file each company under; a company can sit in more than one, so sector roundups overlap. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each sector with 10 or more equity rounds in a month gets its own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)
