# Startup funding, week of 10 August: Thrive Holdings's $2.0B Growth leads 31 rounds

> We read 31 equity rounds announced from 10 August to 16 August 2026, raising $4.7B between them.

Source: https://millionrounds.com/news/weekly/2026-08-10 (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **31** announced this week, 29 with an amount

Raised **$4.7B** across those rounds

Lead named **87%** of rounds say who led

Countries **11** where this week's rounds were raised

## The biggest rounds

- [1 **Thrive Holdings** Growth · United States · led by SoftBank BB Corp, Altimeter **$2.0B**](https://millionrounds.com/company/thrive-holdings)
- [2 **Form Energy** Series G · United States · led by T. Rowe Price **$750M**](https://millionrounds.com/company/form-energy)
- [3 **Lovable** Series C · Sweden · led by Menlo Ventures, Scaleup Europe Fund **$400M**](https://millionrounds.com/company/lovable)
- [4 **Cambridge Aerospace** Series C · United Kingdom · led by DFJ **$300M**](https://millionrounds.com/company/cambridge-aerospace)
- [5 **Neros Technologies** Series C · United States · led by Sequoia Capital, American Strategic Technology Fund (ASTF) **$250M**](https://millionrounds.com/company/neros-technologies)
- [6 **Simile** Series B · United States · led by Greenoaks **$200M**](https://millionrounds.com/company/simile)
- [7 **CodeRabbit** Series C · United States · led by Atomico, Smash Capital **$143M**](https://millionrounds.com/company/coderabbit)
- [8 **Yulu** Series C · India · led by GEF Capital Partners **$93M**](https://millionrounds.com/company/yulu)
- [9 **Infinimmune** Series A · United States · led by Playground Global, Regeneron Ventures **$75M**](https://millionrounds.com/company/infinimmune)
- [10 **Skan AI** Series C · United States · led by Cathay Innovation, Dell Technologies Capital **$63M**](https://millionrounds.com/company/skan-ai)

## 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) *3* **$1.2M** this week **$2.0M** 12-month median

[Seed](https://millionrounds.com/benchmarks/seed) *7* **$5.2M** this week **$5.5M** 12-month median

[Series A](https://millionrounds.com/benchmarks/series-a) *2* **$42M** this week **$20M** 12-month median

[Series B](https://millionrounds.com/benchmarks/series-b) *7* **$45M** this week **$50M** 12-month median

[Series C](https://millionrounds.com/benchmarks/series-c) *7* **$143M** this week **$100M** 12-month median

[Growth](https://millionrounds.com/benchmarks/growth) *4* **$50M** this week **$108M** 12-month median

## The most active leads

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

- [**Sequoia Capital** Corma, Neros Technologies *2 led*](https://millionrounds.com/fund/sequoia-capital)

## Where

- United States **13**
- Australia **2**
- United Kingdom **2**
- India **2**
- Nigeria **2**
- Uruguay **1**

United States had the most rounds this week.

## In what

- AI **16**
- Fintech **6**
- Healthcare **3**
- Cybersecurity **3**
- Construction **3**
- Logistics **3**
- Developer Tools **3**
- Robotics **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)
