# Logistics startup funding, September 2026: The Boring Co.'s $3.0B Growth leads 19 rounds > We read 19 equity rounds in Logistics announced in September 2026, raising $4.2B between them: 5% of all the rounds we read that month and 11% of the money. Source: https://millionrounds.com/news/monthly/2026-09/sector/logistics (Millionrounds; every figure on the page links to its filing or article) Equity rounds **19** in Logistics, 19 with an amount Raised **$4.2B** across those rounds Lead named **89%** of rounds say who led Share of the month **5%** of rounds; 11% of the money ## The biggest rounds - [1 T **The Boring Co.** Growth · United States **$3.0B**](https://millionrounds.com/company/the-boring-co) - [2 **The Exploration Company** Series C · Germany · led by Bessemer Venture Partners, Atomico **$450M**](https://millionrounds.com/company/the-exploration-company) - [3 **Impulse Space** Series D · United States · led by Emergence Capital **$308M**](https://millionrounds.com/company/impulse-space) - [4 **Quartermaster** Series B · United States · led by Insight Partners **$140M**](https://millionrounds.com/company/quartermaster) - [5 **Maven Robotics** Series A · United States · led by Shorooq Partners **$100M**](https://millionrounds.com/company/maven-robotics) - [6 **Poseidon Aerospace** Series A · United States · led by TQ Ventures **$60M**](https://millionrounds.com/company/poseidon-aerospace) - [7 B **BackOps** Series B · United States · led by Insight Partners **$42M**](https://millionrounds.com/company/backops) - [8 A **ARC Ride** Growth · Kenya · led by Novastar Ventures, Norrsken22 **$33M**](https://millionrounds.com/company/arc-ride) - [9 **Atomic** Series A · United States · led by Madrona Venture Group, Klass Capital **$13M**](https://millionrounds.com/company/atomic) - [10 A **Axya** Series A · Canada · led by McRock Capital **$12M**](https://millionrounds.com/company/axya) ## Day by day Equity rounds in Logistics announced each day of September. The busiest day was 7 September, with 2. 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* **$3.1M** this month **$2.0M** 12 months, all sectors [Seed](https://millionrounds.com/benchmarks/seed/logistics) *5* **$4.0M** this month **$4.2M** 12 months here [Series A](https://millionrounds.com/benchmarks/series-a/logistics) *6* **$12M** this month **$13M** 12 months here [Series B](https://millionrounds.com/benchmarks/series-b) *3* **$42M** this month **$50M** 12 months, all sectors [Series C](https://millionrounds.com/benchmarks/series-c) *1* **$450M** this month **$100M** 12 months, all sectors [Series D](https://millionrounds.com/benchmarks/series-d) *1* **$308M** this month **$150M** 12 months, all sectors [Growth](https://millionrounds.com/benchmarks/growth) *2* **$1.5B** this month **$113M** 12 months, all sectors ## Where - [United States](https://millionrounds.com/news/monthly/2026-09/united-states) **10** - [Germany](https://millionrounds.com/news/monthly/2026-09/germany) **2** - [United Kingdom](https://millionrounds.com/news/monthly/2026-09/united-kingdom) **1** - Belgium **1** - Kenya **1** - Saudi Arabia **1** - [India](https://millionrounds.com/news/monthly/2026-09/india) **1** - [Canada](https://millionrounds.com/news/monthly/2026-09/canada) **1** United States had the most Logistics rounds this month. ## Against the month - Rounds, Logistics **19** - Rounds, all sectors **357** - Raised, Logistics **$4.2B** - 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)[21 rounds **Construction** *→*](https://millionrounds.com/news/monthly/2026-09/sector/construction)[20 rounds **Healthtech** *→*](https://millionrounds.com/news/monthly/2026-09/sector/healthtech)[20 rounds **SaaS** *→*](https://millionrounds.com/news/monthly/2026-09/sector/saas)[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)