Monthly roundup · Cloud · October 2026

Cloud startup funding, October 2026: Lambda's $4.0B Growth leads 25 rounds

By Millionrounds ResearchPublished 1 November 2026

We read 25 equity rounds in Cloud announced in October 2026, raising $7.4B between them: 3% of all the rounds we read that month and 13% of the money. The largest was Lambda's $4.0B Growth, led by Coatue and Clarus Ventures.

Equity rounds25in Cloud, 23 with an amount
Raised$7.4Bacross those rounds
Lead named88%of rounds say who led
Share of the month3%of rounds; 13% of the money

The biggest rounds

  1. 1LambdaGrowth · United States · led by Coatue, Clarus Ventures$4.0B
  2. 2MModal Labs Inc.Series D · United States · led by Accel$750M
  3. 3FuriosaAISeries D · South Korea · led by National Growth Fund, National Growth Fund of Korea$620M
  4. 4OxideSeries D · United States · led by Eclipse$445M
  5. 5Infinigence AISeries C · China$344M
  6. 6PaleBlueDot AISeries C · United States · led by ComputeCore$200M
  7. 7Approaching.AISeries B · China · led by ICBC Investment, Xiaoshan Capital$193M
  8. 8Salience LabsSeries B · United Kingdom · led by Bullhound Capital$125M
  9. 9VEIRSeries C · United States · led by Matter Venture Partners, Tyche Partners$110M
  10. 10BlackwallSeries C · United Kingdom · led by AVP$100M

Day by day

Equity rounds in Cloud announced each day of October. The busiest day was 15 October, with 4.

1 October31 October

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.

Seed2-this month$5.5M12 months, all sectors
Series A4$48Mthis month$20M12 months, all sectors
Series B9$42Mthis month$50M12 months, all sectors
Series C6$105Mthis month$100M12 months, all sectors
Series D3$620Mthis month$150M12 months, all sectors
Growth1$4.0Bthis month$113M12 months, all sectors

Where

United States had the most Cloud rounds this month.

Against the month

  • Rounds, Cloud25
  • Rounds, all sectors733
  • Raised, Cloud$7.4B
  • Raised, all sectors$59B

The whole of October 2026

Other sectors in October

411 roundsAI→100 roundsFintech→72 roundsHealthcare→67 roundsSoftware→67 roundsRobotics→56 roundsManufacturing→44 roundsSaaS→44 roundsConstruction→42 roundsHardware & Electronics→41 roundsBiotech→34 roundsBig Data & Analytics→33 roundsEnergy→33 roundsLogistics→32 roundsEnterprise Software→29 roundsAerospace & Space→29 roundsHealthtech→28 roundsCybersecurity→26 roundsDefence Tech→24 roundsEntertainment→23 roundsB2C→23 roundsFinancial Services→22 roundsMedical Devices→20 roundsCleantech→19 roundsE-commerce→19 roundsFood & Beverage→18 roundsReal Estate→18 roundsDeeptech→18 roundsSemiconductors→17 roundsAgtech→16 roundsDeveloper Tools→15 roundsWeb3 & Crypto→15 roundsRetail→15 roundsMartech→14 roundsSupply Chain→14 roundsInsurtech→14 roundsTelecoms→14 roundsClimate Tech→13 roundsRegtech→13 roundsAutomotive & EVs→13 roundsChemicals & Materials→12 roundsFuture of Work→12 roundsB2B→12 roundsMedia→12 roundsGaming→11 roundsProfessional Services→11 roundsMarketplaces→11 roundsHR Tech→11 roundsEducation→11 roundsSalestech→10 roundsProptech→10 roundsPharma→10 roundsFashion→10 roundsTravel & Hospitality→