# Startup funding, week of 26 October: Cohere's $5.0B Series E leads 203 rounds

> We read 203 equity rounds announced from 26 October to 1 November 2026, raising $14B between them.

Source: https://millionrounds.com/news/weekly/2026-10-26 (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **203** announced this week, 168 with an amount

Raised **$14B** across those rounds

Lead named **73%** of rounds say who led

Countries **32** where this week's rounds were raised

## The biggest rounds

- [1 **Cohere** Series E · Canada · led by Schwarz Group **$5.0B**](https://millionrounds.com/company/cohere)
- [2 **Re:Build** Growth · United States · led by General Catalyst, JP Morgan Chase **$2.1B**](https://millionrounds.com/company/re-build)
- [3 **Fractile** Series C · United Kingdom · led by Lightspeed Venture Partners, Redpoint **$700M**](https://millionrounds.com/company/fractile)
- [4 **FuriosaAI** Series D · South Korea · led by National Growth Fund, National Growth Fund of Korea **$620M**](https://millionrounds.com/company/furiosaai)
- [5 **Bedrock Robotics** Series C · United States · led by Emergence Capital, CapitalG **$600M**](https://millionrounds.com/company/bedrock-robotics)
- [6 **Wealthsimple** Growth · Canada · led by GIC **$425M**](https://millionrounds.com/company/wealthsimple)
- [7 U **Upwind** Series C · United States · led by Bessemer Venture Partners **$400M**](https://millionrounds.com/company/upwind)
- [8 **Open Cosmos** Series C · United Kingdom · led by ETF Partners **$334M**](https://millionrounds.com/company/open-cosmos)
- [9 **Approaching.AI** Series B · China · led by ICBC Investment, Xiaoshan Capital **$193M**](https://millionrounds.com/company/approaching-ai)
- [10 **Group14 Technologies** Series D · United States **$169M**](https://millionrounds.com/company/group14-technologies)

## 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) *39* **$1.8M** this week **$2.0M** 12-month median

[Seed](https://millionrounds.com/benchmarks/seed) *63* **$6.0M** this week **$5.5M** 12-month median

[Series A](https://millionrounds.com/benchmarks/series-a) *53* **$15M** this week **$20M** 12-month median

[Series B](https://millionrounds.com/benchmarks/series-b) *18* **$30M** this week **$50M** 12-month median

[Series C](https://millionrounds.com/benchmarks/series-c) *13* **$150M** this week **$100M** 12-month median

[Series D](https://millionrounds.com/benchmarks/series-d) *6* **$150M** this week **$150M** 12-month median

[Growth](https://millionrounds.com/benchmarks/growth) *5* **$263M** this week **$113M** 12-month median

## The most active leads

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

- [**General Catalyst** Casap, Collective, Matiks and 2 more *5 led*](https://millionrounds.com/fund/general-catalyst)
- [**Blume Ventures** Cent, Rotoris, Rotors *3 led*](https://millionrounds.com/fund/blume-ventures)
- [**Lightspeed Venture Partners** Dalet Labs, Fractile *2 led*](https://millionrounds.com/fund/lightspeed-venture-partners)
- [**Union Square Ventures** Machenta, Paradev *2 led*](https://millionrounds.com/fund/union-square-ventures)
- [**Creandum** Atlas Bio, Machenta *2 led*](https://millionrounds.com/fund/creandum)
- [**Inflection Point Ventures** Qweebi, Viridian Ingni Propulsion *2 led*](https://millionrounds.com/fund/inflection-point-ventures)
- [**Blackbird Ventures** General Compute, MP Space *2 led*](https://millionrounds.com/fund/blackbird-ventures-2)
- [**Gradient** Collective, Sava *2 led*](https://millionrounds.com/fund/gradient-ventures)

## Where

- United States **68**
- India **33**
- United Kingdom **14**
- China **12**
- South Korea **10**
- Canada **9**

United States had the most rounds this week.

## In what

- AI **121**
- Fintech **30**
- Healthcare **24**
- Robotics **21**
- Software **20**
- Hardware & Electronics **13**
- Cybersecurity **12**
- Manufacturing **12**

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)

[Monthly roundup **Read the full October 2026 roundup** *→*](https://millionrounds.com/news/monthly/2026-10)