# Construction startup funding, September 2026: The Boring Co.'s $3.0B Growth leads 21 rounds > We read 21 equity rounds in Construction announced in September 2026, raising $4.7B between them: 6% of all the rounds we read that month and 12% of the money. Source: https://millionrounds.com/news/monthly/2026-09/sector/construction (Millionrounds; every figure on the page links to its filing or article) Equity rounds **21** in Construction, 19 with an amount Raised **$4.7B** across those rounds Lead named **86%** of rounds say who led Share of the month **6%** of rounds; 12% of the money ## The biggest rounds - [1 T **The Boring Co.** Growth · United States **$3.0B**](https://millionrounds.com/company/the-boring-co) - [2 **Groq** Growth · United States · led by Disruptive **$750M**](https://millionrounds.com/company/groq) - [3 **EUCLYD** Series A · Netherlands · led by Innovation Industries, Samsung **$231M**](https://millionrounds.com/company/euclyd) - [4 **telMAX** Growth · Canada · led by Hamilton Lane **$215M**](https://millionrounds.com/company/telmax) - [5 V **Verda** Series B · Finland · led by Emergence Capital **$189M**](https://millionrounds.com/company/verda) - [6 **Penelope Health** Series A · United Kingdom · led by Thoreau **$100M**](https://millionrounds.com/company/penelope-health) - [7 **Miter** Series B · United States · led by Battery Ventures **$40M**](https://millionrounds.com/company/miter) - [8 W **Wint** Series D · led by Inven Capital, LIP Ventures **$36M**](https://millionrounds.com/company/wint) - [9 **BRKZ** Series B · Saudi Arabia · led by 500 Global, Wa'ed Ventures **$31M**](https://millionrounds.com/company/brkz) - [10 **Adaptive Real Estate** Series B · United States · led by Tidemark Capital **$30M**](https://millionrounds.com/company/adaptive-real-estate) ## Day by day Equity rounds in Construction announced each day of September. The busiest day was 16 September, with 3. 1 September 30 September ## 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) *1* **$2.0M** this month **$2.0M** 12 months, all sectors [Seed](https://millionrounds.com/benchmarks/seed/construction) *8* **$3.7M** this month **$5.2M** 12 months here [Series A](https://millionrounds.com/benchmarks/series-a/construction) *3* **$100M** this month **$24M** 12 months here [Series B](https://millionrounds.com/benchmarks/series-b/construction) *4* **$36M** this month **$40M** 12 months here [Series D](https://millionrounds.com/benchmarks/series-d) *1* **$36M** this month **$150M** 12 months, all sectors [Growth](https://millionrounds.com/benchmarks/growth) *4* **$750M** this month **$113M** 12 months, all sectors ## Where - [United States](https://millionrounds.com/news/monthly/2026-09/united-states) **7** - [Germany](https://millionrounds.com/news/monthly/2026-09/germany) **2** - Netherlands **2** - [Canada](https://millionrounds.com/news/monthly/2026-09/canada) **2** - [United Kingdom](https://millionrounds.com/news/monthly/2026-09/united-kingdom) **2** - South Africa **1** - Finland **1** - Italy **1** United States had the most Construction rounds this month. ## Against the month - Rounds, Construction **21** - Rounds, all sectors **357** - Raised, Construction **$4.7B** - Raised, all sectors **$39B** [The whole of September 2026](https://millionrounds.com/news/monthly/2026-09) ## Other sectors in September [195 rounds **AI** *→*](https://millionrounds.com/news/monthly/2026-09/sector/ai)[51 rounds **Fintech** *→*](https://millionrounds.com/news/monthly/2026-09/sector/fintech)[39 rounds **Healthcare** *→*](https://millionrounds.com/news/monthly/2026-09/sector/healthcare)[30 rounds **Big Data & Analytics** *→*](https://millionrounds.com/news/monthly/2026-09/sector/big-data)[27 rounds **Biotech** *→*](https://millionrounds.com/news/monthly/2026-09/sector/biotech)[25 rounds **Robotics** *→*](https://millionrounds.com/news/monthly/2026-09/sector/robotics)[24 rounds **Cybersecurity** *→*](https://millionrounds.com/news/monthly/2026-09/sector/cybersecurity)[23 rounds **Hardware & Electronics** *→*](https://millionrounds.com/news/monthly/2026-09/sector/hardware)[22 rounds **Enterprise Software** *→*](https://millionrounds.com/news/monthly/2026-09/sector/enterprise-software)[21 rounds **Software** *→*](https://millionrounds.com/news/monthly/2026-09/sector/software)[21 rounds **Energy** *→*](https://millionrounds.com/news/monthly/2026-09/sector/energy)[20 rounds **Healthtech** *→*](https://millionrounds.com/news/monthly/2026-09/sector/healthtech)[20 rounds **SaaS** *→*](https://millionrounds.com/news/monthly/2026-09/sector/saas)[19 rounds **Logistics** *→*](https://millionrounds.com/news/monthly/2026-09/sector/logistics)[17 rounds **Manufacturing** *→*](https://millionrounds.com/news/monthly/2026-09/sector/manufacturing)[16 rounds **Cleantech** *→*](https://millionrounds.com/news/monthly/2026-09/sector/cleantech)[14 rounds **Aerospace & Space** *→*](https://millionrounds.com/news/monthly/2026-09/sector/aerospace)[14 rounds **Defence Tech** *→*](https://millionrounds.com/news/monthly/2026-09/sector/defensetech)[13 rounds **Telecoms** *→*](https://millionrounds.com/news/monthly/2026-09/sector/telecom)[13 rounds **Semiconductors** *→*](https://millionrounds.com/news/monthly/2026-09/sector/semiconductors)[13 rounds **Climate Tech** *→*](https://millionrounds.com/news/monthly/2026-09/sector/climate)[11 rounds **Automotive & EVs** *→*](https://millionrounds.com/news/monthly/2026-09/sector/automotive)[10 rounds **Cloud** *→*](https://millionrounds.com/news/monthly/2026-09/sector/cloud) **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)