# Software startup funding, August 2026: Lovable's $400M Series C leads 18 rounds > We read 18 equity rounds in Software announced in August 2026, raising $1.1B between them: 8% of all the rounds we read that month and 4% of the money. Source: https://millionrounds.com/news/monthly/2026-08/sector/software (Millionrounds; every figure on the page links to its filing or article) Equity rounds **18** in Software, 17 with an amount Raised **$1.1B** across those rounds Lead named **72%** of rounds say who led Share of the month **8%** of rounds; 4% of the money ## The biggest rounds - [1 **Lovable** Series C · Sweden · led by Menlo Ventures, Scaleup Europe Fund **$400M**](https://millionrounds.com/company/lovable) - [2 W **Wispr** Series B · United States · led by Menlo Ventures **$280M**](https://millionrounds.com/company/wispr) - [3 **Emerald AI** Series A · United States · led by DCVC, Energize Capital **$150M**](https://millionrounds.com/company/emerald-ai) - [4 S **Smack Technologies** Series B · United States **$61M**](https://millionrounds.com/company/smack-technologies) - [5 **Oceanloop** Growth · Germany · led by Hatch Blue's Blue Revolution Fund **$45M**](https://millionrounds.com/company/oceanloop) - [6 L **Liner** Series A · United States **$36M**](https://millionrounds.com/company/liner) - [7 **Rundoo** Series B · United States · led by Battery Ventures **$30M**](https://millionrounds.com/company/rundoo) - [8 **FSH Technologies** Growth · United States · led by Acrew Capital, Lachy Groom **$25M**](https://millionrounds.com/company/fsh-technologies) - [9 R **Runable** Series A · India · led by Nexus Venture Partners, Susquehanna Asia Venture Capital **$21M**](https://millionrounds.com/company/runable) - [10 F **Factbird** Growth · Denmark · led by Verdane **$16M**](https://millionrounds.com/company/factbird) ## Day by day Equity rounds in Software announced each day of August. The busiest day was 18 August, with 3. 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/software) *4* **$2.5M** this month **$2.0M** 12 months here [Seed](https://millionrounds.com/benchmarks/seed/software) *3* **$1.0M** this month **$5.0M** 12 months here [Series A](https://millionrounds.com/benchmarks/series-a/software) *3* **$36M** this month **$18M** 12 months here [Series B](https://millionrounds.com/benchmarks/series-b) *3* **$61M** this month **$50M** 12 months, all sectors [Series C](https://millionrounds.com/benchmarks/series-c) *1* **$400M** this month **$100M** 12 months, all sectors [Growth](https://millionrounds.com/benchmarks/growth) *4* **$25M** this month **$113M** 12 months, all sectors ## The most active leads Firms that led two or more of the month's rounds in Software. - [**Menlo Ventures** Lovable, Wispr *2 led*](https://millionrounds.com/fund/menlo-ventures) ## Where - [United States](https://millionrounds.com/news/monthly/2026-08/united-states) **8** - [Brazil](https://millionrounds.com/news/monthly/2026-08/brazil) **1** - Germany **1** - Denmark **1** - [United Kingdom](https://millionrounds.com/news/monthly/2026-08/united-kingdom) **1** - [India](https://millionrounds.com/news/monthly/2026-08/india) **1** - Lithuania **1** - Sweden **1** United States had the most Software rounds this month. ## Against the month - Rounds, Software **18** - Rounds, all sectors **220** - Raised, Software **$1.1B** - 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)[21 rounds **Construction** *→*](https://millionrounds.com/news/monthly/2026-08/sector/construction)[18 rounds **Healthcare** *→*](https://millionrounds.com/news/monthly/2026-08/sector/healthcare)[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)