# Construction startup funding, October 2026: SWI Group's $894M Growth leads 44 rounds

> We read 44 equity rounds in Construction announced in October 2026, raising $4.1B between them: 6% of all the rounds we read that month and 7% of the money.

Source: https://millionrounds.com/news/monthly/2026-10/sector/construction (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **44** in Construction, 39 with an amount

Raised **$4.1B** across those rounds

Lead named **84%** of rounds say who led

Share of the month **6%** of rounds; 7% of the money

## The biggest rounds

- [1 S **SWI Group** Growth · Singapore **$894M**](https://millionrounds.com/company/swi-group)
- [2 M **Modal Labs Inc.** Series D · United States · led by Accel **$750M**](https://millionrounds.com/company/modal-labs-inc)
- [3 **Bedrock Robotics** Series C · United States · led by Emergence Capital, CapitalG **$600M**](https://millionrounds.com/company/bedrock-robotics)
- [4 **Oxide** Series D · United States · led by Eclipse **$445M**](https://millionrounds.com/company/oxide)
- [5 S **SignSplit** Seed · United States · led by W Group **$400M**](https://millionrounds.com/company/signsplit)
- [6 **ASI** Series C · United States · led by Spark Capital **$325M**](https://millionrounds.com/company/asi)
- [7 I **Icon** Series D · United States · led by BlackRock, Baillie Gifford **$200M**](https://millionrounds.com/company/icon)
- [8 **Approaching.AI** Series B · China · led by ICBC Investment, Xiaoshan Capital **$193M**](https://millionrounds.com/company/approaching-ai)
- [9 **Mach9** Series A · United States · led by Bessemer Venture Partners, First Round Capital **$34M**](https://millionrounds.com/company/mach9)
- [10 **Vates** Growth · France · led by Iris Capital **$34M**](https://millionrounds.com/company/vates)

## Day by day

Equity rounds in Construction announced each day of October. The busiest day was 22 October, with 5.

1 October 31 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.

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

[Seed](https://millionrounds.com/benchmarks/seed/construction) *12* **$5.5M** this month **$5.2M** 12 months here

[Series A](https://millionrounds.com/benchmarks/series-a/construction) *9* **$14M** this month **$24M** 12 months here

[Series B](https://millionrounds.com/benchmarks/series-b/construction) *3* **$31M** this month **$40M** 12 months here

[Series C](https://millionrounds.com/benchmarks/series-c) *2* **$463M** this month **$100M** 12 months, all sectors

[Series D](https://millionrounds.com/benchmarks/series-d) *3* **$445M** this month **$150M** 12 months, all sectors

[Growth](https://millionrounds.com/benchmarks/growth) *3* **$34M** this month **$113M** 12 months, all sectors

## The most active leads

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

- [**Accel** Modal Labs Inc., Origin *2 led*](https://millionrounds.com/fund/accel)

## Where

- [United States](https://millionrounds.com/news/monthly/2026-10/united-states) **15**
- [France](https://millionrounds.com/news/monthly/2026-10/france) **4**
- [United Kingdom](https://millionrounds.com/news/monthly/2026-10/united-kingdom) **4**
- [Japan](https://millionrounds.com/news/monthly/2026-10/japan) **2**
- Austria **2**
- Singapore **2**
- Brazil **2**
- Germany **1**

United States had the most Construction rounds this month.

## Against the month

- Rounds, Construction **44**
- Rounds, all sectors **733**
- Raised, Construction **$4.1B**
- Raised, all sectors **$59B**

[The whole of October 2026](https://millionrounds.com/news/monthly/2026-10)

## Other sectors in October

[411 rounds **AI** *→*](https://millionrounds.com/news/monthly/2026-10/sector/ai)[100 rounds **Fintech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/fintech)[72 rounds **Healthcare** *→*](https://millionrounds.com/news/monthly/2026-10/sector/healthcare)[67 rounds **Software** *→*](https://millionrounds.com/news/monthly/2026-10/sector/software)[67 rounds **Robotics** *→*](https://millionrounds.com/news/monthly/2026-10/sector/robotics)[56 rounds **Manufacturing** *→*](https://millionrounds.com/news/monthly/2026-10/sector/manufacturing)[44 rounds **SaaS** *→*](https://millionrounds.com/news/monthly/2026-10/sector/saas)[42 rounds **Hardware & Electronics** *→*](https://millionrounds.com/news/monthly/2026-10/sector/hardware)[41 rounds **Biotech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/biotech)[34 rounds **Big Data & Analytics** *→*](https://millionrounds.com/news/monthly/2026-10/sector/big-data)[33 rounds **Energy** *→*](https://millionrounds.com/news/monthly/2026-10/sector/energy)[33 rounds **Logistics** *→*](https://millionrounds.com/news/monthly/2026-10/sector/logistics)[32 rounds **Enterprise Software** *→*](https://millionrounds.com/news/monthly/2026-10/sector/enterprise-software)[29 rounds **Aerospace & Space** *→*](https://millionrounds.com/news/monthly/2026-10/sector/aerospace)[29 rounds **Healthtech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/healthtech)[28 rounds **Cybersecurity** *→*](https://millionrounds.com/news/monthly/2026-10/sector/cybersecurity)[26 rounds **Defence Tech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/defensetech)[25 rounds **Cloud** *→*](https://millionrounds.com/news/monthly/2026-10/sector/cloud)[24 rounds **Entertainment** *→*](https://millionrounds.com/news/monthly/2026-10/sector/entertainment)[23 rounds **B2C** *→*](https://millionrounds.com/news/monthly/2026-10/sector/b2c)[23 rounds **Financial Services** *→*](https://millionrounds.com/news/monthly/2026-10/sector/financial-services)[22 rounds **Medical Devices** *→*](https://millionrounds.com/news/monthly/2026-10/sector/medical-device)[20 rounds **Cleantech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/cleantech)[19 rounds **E-commerce** *→*](https://millionrounds.com/news/monthly/2026-10/sector/ecommerce)[19 rounds **Food & Beverage** *→*](https://millionrounds.com/news/monthly/2026-10/sector/food-beverage)[18 rounds **Real Estate** *→*](https://millionrounds.com/news/monthly/2026-10/sector/real-estate)[18 rounds **Deeptech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/deeptech)[18 rounds **Semiconductors** *→*](https://millionrounds.com/news/monthly/2026-10/sector/semiconductors)[17 rounds **Agtech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/agtech)[16 rounds **Developer Tools** *→*](https://millionrounds.com/news/monthly/2026-10/sector/developer-tools)[15 rounds **Web3 & Crypto** *→*](https://millionrounds.com/news/monthly/2026-10/sector/web3)[15 rounds **Retail** *→*](https://millionrounds.com/news/monthly/2026-10/sector/retail)[15 rounds **Martech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/martech)[14 rounds **Supply Chain** *→*](https://millionrounds.com/news/monthly/2026-10/sector/supply-chain)[14 rounds **Insurtech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/insurtech)[14 rounds **Telecoms** *→*](https://millionrounds.com/news/monthly/2026-10/sector/telecom)[14 rounds **Climate Tech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/climate)[13 rounds **Regtech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/regtech)[13 rounds **Automotive & EVs** *→*](https://millionrounds.com/news/monthly/2026-10/sector/automotive)[13 rounds **Chemicals & Materials** *→*](https://millionrounds.com/news/monthly/2026-10/sector/chemicals)[12 rounds **Future of Work** *→*](https://millionrounds.com/news/monthly/2026-10/sector/future-of-work)[12 rounds **B2B** *→*](https://millionrounds.com/news/monthly/2026-10/sector/b2b)[12 rounds **Media** *→*](https://millionrounds.com/news/monthly/2026-10/sector/media)[12 rounds **Gaming** *→*](https://millionrounds.com/news/monthly/2026-10/sector/gaming)[11 rounds **Professional Services** *→*](https://millionrounds.com/news/monthly/2026-10/sector/consulting)[11 rounds **Marketplaces** *→*](https://millionrounds.com/news/monthly/2026-10/sector/marketplace)[11 rounds **HR Tech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/hrtech)[11 rounds **Education** *→*](https://millionrounds.com/news/monthly/2026-10/sector/education)[11 rounds **Salestech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/salestech)[10 rounds **Proptech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/proptech)[10 rounds **Pharma** *→*](https://millionrounds.com/news/monthly/2026-10/sector/pharma)[10 rounds **Fashion** *→*](https://millionrounds.com/news/monthly/2026-10/sector/fashion)[10 rounds **Travel & Hospitality** *→*](https://millionrounds.com/news/monthly/2026-10/sector/traveltech)

**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)
