Weekly funding roundup · 5 October to 11 October 2026

Startup funding, week of 5 October: DeepSeek's $15B Series B leads 130 rounds

By Millionrounds ResearchPublished 12 October 2026Updated 28 October 2026

We read 130 equity rounds announced from 5 October to 11 October 2026, raising $25B between them. The largest was DeepSeek's $15B Series B. The median seed round was $6.0M, against $5.5M over the last twelve months; at Series A it was $17M. Andreessen Horowitz led the most rounds, with 3.

Equity rounds130announced this week, 120 with an amount

Raised$25Bacross those rounds

Lead named81%of rounds say who led

Countries28where this week's rounds were raised

The biggest rounds

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-seed16$1.0Mthis week$2.0M12-month median

Seed35$6.0Mthis week$5.5M12-month median

Series A38$17Mthis week$20M12-month median

Series B22$38Mthis week$50M12-month median

Series C3$35Mthis week$100M12-month median

Series D5$225Mthis week$158M12-month median

Growth10$225Mthis week$108M12-month median

The most active leads

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

Where

United States51
India13
Japan10
United Kingdom6
France6
Switzerland6

United States had the most rounds this week.

In what

AI69
Fintech18
Logistics12
Hardware & Electronics11
Software10
Healthcare9
Robotics8
Cleantech8

AI was the busiest sector.