# Startup funding, week of 27 July: Shield AI's $1.5B Series G leads 49 rounds

> We read 49 equity rounds announced from 27 July to 2 August 2026, raising $5.7B between them.

Source: https://millionrounds.com/news/weekly/2026-07-27 (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **49** announced this week, 49 with an amount

Raised **$5.7B** across those rounds

Lead named **86%** of rounds say who led

Countries **12** where this week's rounds were raised

## The biggest rounds

- [1 **Shield AI** Series G · United States · led by Advent International, JPMorgan Chase's Strategic Investment Group **$1.5B**](https://millionrounds.com/company/shield-ai)
- [2 C **Commonwealth Fusion Systems** Growth · United States **$1.0B**](https://millionrounds.com/company/commonwealth-fusion-systems)
- [3 **Multiverse Computing** Series C · Spain · led by ForgePoint Capital, Bullhound Capital **$570M**](https://millionrounds.com/company/multiverse-computing)
- [4 **Antora Energy** Series C · United States · led by Eclipse, G2 Venture Partners **$550M**](https://millionrounds.com/company/antora-energy)
- [5 **K2 Space** Series D · United States · led by Kleiner Perkins, ICONIQ Capital **$500M**](https://millionrounds.com/company/k2-space)
- [6 **ThreatLocker** Growth · United States · led by Elephant **$190M**](https://millionrounds.com/company/threatlocker)
- [7 **Dwelly** Series B · United Kingdom · led by General Catalyst, EQT **$170M**](https://millionrounds.com/company/dwelly)
- [8 **Eliyan** Series C · United States · led by Seligman Ventures **$145M**](https://millionrounds.com/company/eliyan)
- [9 O **Onyx Security** Series B · led by Bessemer Venture Partners **$113M**](https://millionrounds.com/company/onyx-security)
- 10 g **groundcover** Series C · Israel · led by Morgan Stanley Investment Management, One Peak **$100M**

## By stage, against the year

Each stage's median this week beside its median over the last twelve months. A single week is a small sample, so read the gap as a hint, not a trend.

[Pre-seed](https://millionrounds.com/benchmarks/pre-seed) *5* **$4.3M** this week **$2.0M** 12-month median

[Seed](https://millionrounds.com/benchmarks/seed) *14* **$10M** this week **$5.5M** 12-month median

[Series A](https://millionrounds.com/benchmarks/series-a) *11* **$15M** this week **$20M** 12-month median

[Series B](https://millionrounds.com/benchmarks/series-b) *7* **$40M** this week **$50M** 12-month median

[Series C](https://millionrounds.com/benchmarks/series-c) *5* **$145M** this week **$100M** 12-month median

[Series D](https://millionrounds.com/benchmarks/series-d) *1* **$500M** this week **$158M** 12-month median

[Growth](https://millionrounds.com/benchmarks/growth) *3* **$190M** this week **$108M** 12-month median

## The most active leads

Firms that led two or more of the week's rounds.

- [**Insight Partners** DataBahn, Inforcer *2 led*](https://millionrounds.com/fund/insight-venture-partners)
- [**Seligman Ventures** Eliyan, Smallest.ai *2 led*](https://millionrounds.com/fund/seligman-ventures)

## Where

- United States **23**
- United Kingdom **7**
- Australia **3**
- Spain **1**
- Argentina **1**
- Hungary **1**

United States had the most rounds this week.

## In what

- AI **37**
- Cybersecurity **7**
- Aerospace & Space **4**
- Climate Tech **4**
- Big Data & Analytics **4**
- Medical Devices **3**
- Enterprise Software **3**
- Hardware & Electronics **3**

AI was the busiest sector.

**How this roundup is made**

It is written from the rounds we read that week in named articles and filings. Only equity rounds with a stage count towards the figures; debt, grants and public companies' raises do not. We read more sources every month, so the number of rounds says more about our coverage than about the market: compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)