{
  "meta": {
    "title": "2026 AI and AI-adjacent funding rounds",
    "compiled": "2026-08-07",
    "coverage": "1 January - 7 August 2026. Rounds of roughly $100M+ plus a small number of sub-$100M rounds flagged as frontier bets. Not exhaustive: assembled from published monthly and weekly roundups, so rounds that were never covered by those sources are missing.",
    "currency": "amount_usd_m and valuation_usd_m are USD millions. Non-USD rounds are converted at approximately 7.1 CNY/USD and 1.09 USD/EUR and are marked approximate in the amount field.",
    "sources": ["AlleyWatch monthly global and US roundups (data via Crunchbase)", "Crunchbase News monthly and weekly roundups", "TechCrunch", "Intellizence", "Crescendo AI", "company announcements"],
    "caveat": "Every figure is press-reported and not independently verified. Where sources disagree, the conflict is recorded in the note field and in the conflicts log on the page."
  },
  "rounds": [
    {"company":"xAI","amount_usd_m":20000,"amount":"$20.0B","round":"Series E","date":"2026-01-06","month":"2026-01","valuation_usd_m":null,"valuation":null,"investors":["Valor Equity Partners"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":false,"note":"Upsized round; proceeds directed at compute buildout."},
    {"company":"SkildAI","amount_usd_m":1400,"amount":"$1.4B","round":"Series C","date":"2026-01-14","month":"2026-01","valuation_usd_m":14000,"valuation":"$14B","investors":["SoftBank","Nvidia"],"sector":"Robotics","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"humans&","amount_usd_m":480,"amount":"$480M","round":"Seed","date":"2026-01-20","month":"2026-01","valuation_usd_m":4480,"valuation":"$4.48B","investors":["SV Angel","Georges Harik","Nvidia","Jeff Bezos","GV"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":true,"note":"One of the largest seed rounds in tech history. Multi-agent RL, memory, long-horizon planning."},
    {"company":"Baseten","amount_usd_m":300,"amount":"$300M","round":"Series E","date":"2026-01-23","month":"2026-01","valuation_usd_m":null,"valuation":null,"investors":["IVP","CapitalG"],"sector":"AI infra","country":"US","region":"US","ai":true,"frontier":false,"note":"Raised again five months later at $1.5B."},
    {"company":"OpenEvidence","amount_usd_m":250,"amount":"$250M","round":"Series D","date":"2026-01-21","month":"2026-01","valuation_usd_m":12000,"valuation":"$12B","investors":["Thrive Global","DST Global"],"sector":"Health AI","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Decagon","amount_usd_m":250,"amount":"$250M","round":"Series D","date":"2026-01-28","month":"2026-01","valuation_usd_m":4500,"valuation":"$4.5B","investors":["Coatue","Index Ventures"],"sector":"Agents/apps","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Flapping Airplanes","amount_usd_m":180,"amount":"$180M","round":"Seed","date":"2026-01-28","month":"2026-01","valuation_usd_m":null,"valuation":null,"investors":["GV","Sequoia Capital","Index Ventures"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":true,"note":"Data efficiency in model training. A $180M seed against an unsolved problem."},
    {"company":"Arena","amount_usd_m":150,"amount":"$150M","round":"Series A","date":"2026-01-06","month":"2026-01","valuation_usd_m":null,"valuation":null,"investors":["Felicis","UC Investments"],"sector":"Agents/apps","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Inferact","amount_usd_m":150,"amount":"$150M","round":"Seed","date":"2026-01-22","month":"2026-01","valuation_usd_m":800,"valuation":"$800M","investors":["Andreessen Horowitz","Lightspeed"],"sector":"AI infra","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"PaleBlueDot AI","amount_usd_m":150,"amount":"$150M","round":"Series B","date":"2026-01-28","month":"2026-01","valuation_usd_m":null,"valuation":null,"investors":["B Capital"],"sector":"Agents/apps","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"LMArena","amount_usd_m":150,"amount":"$150M","round":"Series A","date":"2026-01","month":"2026-01","valuation_usd_m":1700,"valuation":"$1.7B","investors":[],"sector":"Data/eval","country":"US","region":"US","ai":true,"frontier":false,"note":"Aggregator-sourced; thinner sourcing than the rest of January."},
    {"company":"Deepgram","amount_usd_m":130,"amount":"$130M","round":"Series C","date":"2026-01-13","month":"2026-01","valuation_usd_m":1300,"valuation":"$1.3B","investors":["AVP"],"sector":"Agents/apps","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Poetiq","amount_usd_m":45.8,"amount":"$45.8M","round":"Seed","date":"2026-01","month":"2026-01","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":true,"note":"Below the $100M threshold. Included because the recursive self-improvement thesis matches Recursive's at a fraction of the price. Aggregator-sourced."},

    {"company":"Anthropic","amount_usd_m":30000,"amount":"$30.0B","round":"Series G","date":"2026-02-12","month":"2026-02","valuation_usd_m":380000,"valuation":"$380B","investors":["Accel","Microsoft","Nvidia","Sequoia Capital","Founders Fund","Coatue","GIC"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":false,"note":"Second-largest private venture deal in history at the time it closed."},
    {"company":"Waymo","amount_usd_m":16000,"amount":"$16.0B","round":"Series D","date":"2026-02","month":"2026-02","valuation_usd_m":126000,"valuation":"$126B","investors":["Alphabet","Andreessen Horowitz","Temasek","Dragoneer","DST Global","Sequoia Capital","Silver Lake"],"sector":"Autonomy","country":"US","region":"US","ai":true,"frontier":false,"note":"Largest autonomy round ever raised."},
    {"company":"Wayve","amount_usd_m":1200,"amount":"$1.2B","round":"Series D","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Nvidia","Microsoft","SoftBank Vision Fund"],"sector":"Autonomy","country":"UK","region":"Europe","ai":true,"frontier":false,"note":null},
    {"company":"World Labs","amount_usd_m":1000,"amount":"$1.0B","round":"Venture","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","Nvidia","Autodesk"],"sector":"World models","country":"US","region":"US","ai":true,"frontier":true,"note":"Fei-Fei Li. $1.23B raised in total; Marble commercial launch in the same month; $200M Autodesk deal."},
    {"company":"Moonshot AI","amount_usd_m":700,"amount":"$700M","round":"Venture","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Alibaba Group","Tencent","Wucuan Capital"],"sector":"Frontier lab","country":"China","region":"China","ai":true,"frontier":false,"note":"First of three 2026 raises."},
    {"company":"Neysa","amount_usd_m":600,"amount":"$600M","round":"Venture","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Blackstone Group","Nexus Venture Partners"],"sector":"AI infra","country":"India","region":"Asia (ex-China)","ai":true,"frontier":false,"note":null},
    {"company":"Apptronik","amount_usd_m":520,"amount":"$520M","round":"Series A","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Google","John Deere","Mercedes-Benz"],"sector":"Robotics","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"ElevenLabs","amount_usd_m":500,"amount":"$500M","round":"Series D","date":"2026-02-04","month":"2026-02","valuation_usd_m":11000,"valuation":"$11B","investors":["Sequoia Capital","Andreessen Horowitz","Nvidia"],"sector":"Agents/apps","country":"UK","region":"Europe","ai":true,"frontier":false,"note":null},
    {"company":"MatX","amount_usd_m":500,"amount":"$500M","round":"Series B","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Marvell","Spark Capital","Jane Street"],"sector":"AI chips","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Ayar Labs","amount_usd_m":500,"amount":"$500M","round":"Series E","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Nvidia","Sequoia Capital","AMD Ventures"],"sector":"AI chips","country":"US","region":"US","ai":true,"frontier":false,"note":"Optical I/O."},
    {"company":"Inertia","amount_usd_m":450,"amount":"$450M","round":"Series A","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["GV","Bessemer Venture Partners"],"sector":"Energy for AI","country":"US","region":"US","ai":false,"frontier":false,"note":"Fusion energy."},
    {"company":"inKind","amount_usd_m":450,"amount":"$450M","round":"Venture","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Jenny Just","Matt Hulsizer"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Vestwell","amount_usd_m":385,"amount":"$385M","round":"Series E","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Franklin Templeton","Blue Owl Capital"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"SambaNova","amount_usd_m":350,"amount":"$350M","round":"Series E","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Vista Equity Partners","Qatar Investment Authority"],"sector":"AI chips","country":"US","region":"US","ai":true,"frontier":false,"note":"Raised $1.0B more in July."},
    {"company":"Axiom Space","amount_usd_m":350,"amount":"$350M","round":"Venture","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Qatar Investment Authority","1789 Capital"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Runway","amount_usd_m":315,"amount":"$315M","round":"Series E","date":"2026-02-10","month":"2026-02","valuation_usd_m":5300,"valuation":"$5.3B","investors":["General Atlantic","Nvidia","Adobe Ventures","Fidelity","Felicis"],"sector":"Agents/apps","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Temporal Technologies","amount_usd_m":300,"amount":"$300M","round":"Series D","date":"2026-02","month":"2026-02","valuation_usd_m":2800,"valuation":"$2.8B","investors":["Andreessen Horowitz","Sequoia Capital"],"sector":"Dev tools","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Skyryse","amount_usd_m":300,"amount":"$300M","round":"Series C","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Qatar Investment Authority","Fidelity"],"sector":"Autonomy","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Kavak","amount_usd_m":300,"amount":"$300M","round":"Series F","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","Lingotto"],"sector":"Other","country":"Mexico","region":"Other","ai":false,"frontier":false,"note":null},
    {"company":"Spirit AI","amount_usd_m":282,"amount":"¥2.0B (≈$282M)","round":"Series A","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Shunwei Capital","Fortune Venture Capital"],"sector":"Robotics","country":"China","region":"China","ai":true,"frontier":false,"note":"Converted at ~7.1 CNY/USD."},
    {"company":"CesiumAstro","amount_usd_m":270,"amount":"$270M","round":"Series C","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Airbus Ventures","Alumni Ventures"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Bedrock Robotics","amount_usd_m":270,"amount":"$270M","round":"Series B","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Eclipse","Valor Equity Partners","CapitalG"],"sector":"Robotics","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Axelera AI","amount_usd_m":250,"amount":"$250M","round":"Venture","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["BlackRock","CDP Venture Capital"],"sector":"AI chips","country":"Netherlands","region":"Europe","ai":true,"frontier":false,"note":null},
    {"company":"Positron","amount_usd_m":230,"amount":"$230M","round":"Series B","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Valor Equity Partners","DFJ Growth"],"sector":"AI chips","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Fundamental","amount_usd_m":225,"amount":"$225M","round":"Series A","date":"2026-02-05","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Valor Equity Partners","Headline","Oak HC/FT","Salesforce Ventures"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":false,"note":"Reported at $225M (AlleyWatch) and $255M (TechCrunch); lead investors also differ between the two."},
    {"company":"OLIX","amount_usd_m":220,"amount":"$220M","round":"Series A","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["LocalGlobe","Crane Venture Partners"],"sector":"AI chips","country":"UK","region":"Europe","ai":true,"frontier":false,"note":"Optical AI accelerators. Raised a $312M Series B in August."},
    {"company":"Lingxin Qiaoshou","amount_usd_m":211,"amount":"¥1.5B (≈$211M)","round":"Series B","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Sequoia Capital","Ant Group"],"sector":"Robotics","country":"China","region":"China","ai":true,"frontier":false,"note":"Embodied AI. Converted at ~7.1 CNY/USD."},
    {"company":"Talkiatry","amount_usd_m":210,"amount":"$210M","round":"Series D","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","Sofina"],"sector":"Health AI","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Whop","amount_usd_m":200,"amount":"$200M","round":"Venture","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Tether Ventures"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Oxide Computer","amount_usd_m":200,"amount":"$200M","round":"Series C","date":"2026-02","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Eclipse","Jane Street Capital"],"sector":"AI infra","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Goodfire","amount_usd_m":150,"amount":"$150M","round":"Series B","date":"2026-02-05","month":"2026-02","valuation_usd_m":1250,"valuation":"$1.25B","investors":["B Capital"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":false,"note":"Interpretability and model debugging."},
    {"company":"Simile","amount_usd_m":100,"amount":"$100M","round":"Series A","date":"2026-02-12","month":"2026-02","valuation_usd_m":null,"valuation":null,"investors":["Index Ventures"],"sector":"Agents/apps","country":"US","region":"US","ai":true,"frontier":false,"note":null},

    {"company":"OpenAI","amount_usd_m":122000,"amount":"$122.0B","round":"Growth","date":"2026-03-31","month":"2026-03","valuation_usd_m":852000,"valuation":"$852B","investors":["Amazon","Nvidia","SoftBank"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":false,"note":"Largest private financing in history. First tranche $110B: Amazon $50B, Nvidia $30B, SoftBank $30B. Exceeded the entire previous quarterly record for global startup investment."},
    {"company":"Nscale","amount_usd_m":2000,"amount":"$2.0B","round":"Series C","date":"2026-03","month":"2026-03","valuation_usd_m":14600,"valuation":"$14.6B","investors":["Nvidia","Point72","Citadel","Dell"],"sector":"AI infra","country":"UK","region":"Europe","ai":true,"frontier":false,"note":null},
    {"company":"Shield AI","amount_usd_m":2000,"amount":"$2.0B","round":"Series G","date":"2026-03","month":"2026-03","valuation_usd_m":18000,"valuation":"up to $18B","investors":["Advent International","Blackstone","JPMorgan"],"sector":"Defence AI","country":"US","region":"US","ai":true,"frontier":false,"note":"Also reported as $1.5B at a $12.7B valuation on 25 March."},
    {"company":"Saronic","amount_usd_m":1800,"amount":"$1.8B","round":"Series D","date":"2026-03","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["Franklin Templeton","Andreessen Horowitz"],"sector":"Defence AI","country":"US","region":"US","ai":true,"frontier":false,"note":"Autonomous vessels. Also reported at $1.75B."},
    {"company":"AMI Labs","amount_usd_m":1030,"amount":"$1.03B","round":"Seed","date":"2026-03-10","month":"2026-03","valuation_usd_m":3500,"valuation":"$3.5B–$5B (reported range)","investors":["Nvidia","Temasek","SoftBank Vision Fund 3","Accel"],"sector":"World models","country":"France","region":"Europe","ai":true,"frontier":true,"note":"Yann LeCun. Largest seed in European history — held for 48 days until Ineffable. Valuation reported inconsistently."},
    {"company":"Earendil Labs","amount_usd_m":787,"amount":"$787M","round":"Venture","date":"2026-03","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["Sanofi","DST Global"],"sector":"AI for science","country":"US","region":"US","ai":false,"frontier":false,"note":"Protein therapeutics."},
    {"company":"WHOOP","amount_usd_m":575,"amount":"$575M","round":"Series G","date":"2026-03","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["IVP","Qatar Investment Authority"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Sierra Space","amount_usd_m":550,"amount":"$550M","round":"Series C","date":"2026-03","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["General Atlantic","Coatue"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Legora","amount_usd_m":550,"amount":"$550M","round":"Series D","date":"2026-03-11","month":"2026-03","valuation_usd_m":5550,"valuation":"$5.55B","investors":["Insight Partners","Accel","General Catalyst"],"sector":"Agents/apps","country":"Sweden","region":"Europe","ai":true,"frontier":false,"note":"Legal AI. Largest European application-layer round of the year."},
    {"company":"Mind Robotics","amount_usd_m":500,"amount":"$500M","round":"Series A","date":"2026-03","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","Accel"],"sector":"Robotics","country":"US","region":"US","ai":true,"frontier":false,"note":"Raised $400M more in May."},
    {"company":"Nexthop AI","amount_usd_m":500,"amount":"$500M","round":"Series B","date":"2026-03-14","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["Lightspeed","Andreessen Horowitz","Kleiner Perkins"],"sector":"AI infra","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Quince","amount_usd_m":500,"amount":"$500M","round":"Series E","date":"2026-03","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["DST Global","ICONIQ Capital"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Rhoda AI","amount_usd_m":450,"amount":"$450M","round":"Series A","date":"2026-03-10","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["Capricorn Investment Group"],"sector":"Agents/apps","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Replit","amount_usd_m":400,"amount":"$400M","round":"Series D","date":"2026-03","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","Coatue"],"sector":"Dev tools","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Rebellions","amount_usd_m":400,"amount":"$400M","round":"Venture","date":"2026-03","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["Korea National Growth Fund"],"sector":"AI chips","country":"South Korea","region":"Asia (ex-China)","ai":true,"frontier":false,"note":null},
    {"company":"Cloaked","amount_usd_m":375,"amount":"$375M","round":"Series B","date":"2026-03","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["General Catalyst","Index Ventures"],"sector":"Security","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Galaxy Bot","amount_usd_m":352,"amount":"¥2.5B (≈$352M)","round":"Venture","date":"2026-03","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["National AI Industry Fund"],"sector":"Robotics","country":"China","region":"China","ai":true,"frontier":false,"note":"State-fund led. Converted at ~7.1 CNY/USD."},
    {"company":"EnerVenue","amount_usd_m":300,"amount":"$300M","round":"Series B","date":"2026-03","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["Aramco Ventures"],"sector":"Energy for AI","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Vast","amount_usd_m":300,"amount":"$300M","round":"Series A","date":"2026-03","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["Qatar Investment Authority"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":"Space stations. Distinct from VAST Data."},
    {"company":"AIsphere","amount_usd_m":300,"amount":"$300M","round":"Series C","date":"2026-03","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["Alibaba Group","CDH Investments"],"sector":"Agents/apps","country":"China","region":"China","ai":true,"frontier":false,"note":null},
    {"company":"Halter","amount_usd_m":220,"amount":"$220M","round":"Series E","date":"2026-03-24","month":"2026-03","valuation_usd_m":2000,"valuation":"$2B","investors":["Founders Fund"],"sector":"Agents/apps","country":"New Zealand","region":"Asia (ex-China)","ai":true,"frontier":false,"note":null},
    {"company":"Unreasonable Labs","amount_usd_m":13.5,"amount":"$13.5M","round":"Seed","date":"2026-03-10","month":"2026-03","valuation_usd_m":null,"valuation":null,"investors":["Playground Global"],"sector":"AI for science","country":"US","region":"US","ai":true,"frontier":true,"note":"Below the $100M threshold. Same day as AMI Labs' $1.03B, at 1.3% of the size — included for scale contrast."},

    {"company":"Project Prometheus","amount_usd_m":10000,"amount":"$10.0B","round":"Late-stage venture","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["ARCH Venture Partners","BlackRock","DST Global","JPMorgan Chase"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":false,"note":"Bezos-backed industrial AI. 48.1% of all US venture capital deployed in April, and 18% of global. Separately reported as a $12B Series B at a $41B valuation dated June."},
    {"company":"Anthropic","amount_usd_m":15000,"amount":"$15.0B","round":"Venture","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":false,"note":"27% of all April global venture funding. Second of three 2026 raises."},
    {"company":"Ineffable Intelligence","amount_usd_m":1100,"amount":"$1.1B","round":"Seed","date":"2026-04-27","month":"2026-04","valuation_usd_m":5100,"valuation":"$5.1B","investors":["Sequoia Capital","Lightspeed","Nvidia","DST Global","Index Ventures","Google","UK Sovereign AI Fund"],"sector":"World models","country":"UK","region":"Europe","ai":true,"frontier":true,"note":"David Silver. Largest seed round in European history. No product, no revenue; first model benchmarks promised for late 2026."},
    {"company":"Recursive","amount_usd_m":650,"amount":"$650M","round":"Series A","date":"2026-04","month":"2026-04","valuation_usd_m":4000,"valuation":"$4B pre-money","investors":["Nvidia","GV","Karatage"],"sector":"Frontier lab","country":"UK","region":"Europe","ai":true,"frontier":true,"note":"Richard Socher and Tim Rocktäschel. Raised four months after founding, before public launch. Earlier reporting had it at ~$500M and US-based; the round was described as oversubscribed to as much as $1B."},
    {"company":"Slate Auto","amount_usd_m":650,"amount":"$650M","round":"Series C","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["TWG Global"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"True Anomaly","amount_usd_m":600,"amount":"$600M","round":"Venture","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Defence AI","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"VAST Data","amount_usd_m":500,"amount":"$500M","round":"Series F","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["Nvidia","Access Industries","Fidelity"],"sector":"AI infra","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"TARS","amount_usd_m":493,"amount":"¥3.5B (≈$493M)","round":"Seed","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["Qiming Venture Partners","HSG","Meituan"],"sector":"Robotics","country":"China","region":"China","ai":true,"frontier":false,"note":"Largest Chinese AI seed round of the year. Converted at ~7.1 CNY/USD."},
    {"company":"Vulcan Elements","amount_usd_m":431,"amount":"$431M","round":"Venture","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Plata","amount_usd_m":405,"amount":"$405M","round":"Series C","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["BTG Pactual","Qatar Investment Authority"],"sector":"Other","country":"Mexico","region":"Other","ai":false,"frontier":false,"note":null},
    {"company":"SiFive","amount_usd_m":400,"amount":"$400M","round":"Series G","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["Nvidia","Apollo","Point72"],"sector":"AI chips","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Blue Energy","amount_usd_m":380,"amount":"$380M","round":"Venture","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["Engine Ventures","At One Ventures"],"sector":"Energy for AI","country":"Denmark","region":"Europe","ai":false,"frontier":false,"note":null},
    {"company":"Valar Atomics","amount_usd_m":340,"amount":"$340M","round":"Series B","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["Palmer Luckey","Shyam Sankar"],"sector":"Energy for AI","country":"US","region":"US","ai":false,"frontier":false,"note":"A second, larger Series B of $1.0B was reported on 4 August. Whether these are tranches of one round or two events is unclear."},
    {"company":"Volant Aerotech","amount_usd_m":300,"amount":"$300M","round":"Series C","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["HSG","Legend Capital"],"sector":"Other","country":"China","region":"China","ai":false,"frontier":false,"note":null},
    {"company":"X Square","amount_usd_m":282,"amount":"¥2.0B (≈$282M)","round":"Series B","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["HSG","Xiaomi"],"sector":"Robotics","country":"China","region":"China","ai":true,"frontier":false,"note":null},
    {"company":"Shengshu Technology","amount_usd_m":282,"amount":"¥2.0B (≈$282M)","round":"Series B","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["Baidu Ventures","Alibaba Cloud"],"sector":"Agents/apps","country":"China","region":"China","ai":true,"frontier":false,"note":"Generative video."},
    {"company":"Galaxea AI","amount_usd_m":282,"amount":"¥2.0B (≈$282M)","round":"Series B","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["Baidu Ventures","IDG Capital"],"sector":"Robotics","country":"China","region":"China","ai":true,"frontier":false,"note":"Humanoid robotics."},
    {"company":"KreditBee","amount_usd_m":220,"amount":"$220M","round":"Series E","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["Advent International","MUFG Bank"],"sector":"Other","country":"India","region":"Asia (ex-China)","ai":false,"frontier":false,"note":null},
    {"company":"Robot Era","amount_usd_m":200,"amount":"$200M","round":"Venture","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["HSG","Samsung Electronics","CDH Investments","IDG Capital","Alibaba Group"],"sector":"Robotics","country":"China","region":"China","ai":true,"frontier":false,"note":"Brings total equity funding to $611.4M."},
    {"company":"Hermeus","amount_usd_m":200,"amount":"$200M","round":"Series C","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["Khosla Ventures","Founders Fund"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Flock Safety","amount_usd_m":200,"amount":"$200M","round":"Series I","date":"2026-04","month":"2026-04","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","Matrix"],"sector":"Security","country":"US","region":"US","ai":true,"frontier":false,"note":"Brings total equity funding to $1.2B."},

    {"company":"Anthropic","amount_usd_m":50000,"amount":"$50.0B","round":"Series H","date":"2026-05","month":"2026-05","valuation_usd_m":965000,"valuation":"$965B","investors":["Sequoia Capital","Google","Amazon","Microsoft","Nvidia","Altimeter","Dragoneer","Greenoaks"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":false,"note":"54% of all global venture funding in May. Repriced from $380B in February — 154% in 15 weeks. Largest venture round in recorded history."},
    {"company":"Anduril Industries","amount_usd_m":5000,"amount":"$5.0B","round":"Series H","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","Founders Fund","Lux Capital"],"sector":"Defence AI","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"StepFun","amount_usd_m":2000,"amount":"$2.0B+","round":"Venture","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Frontier lab","country":"China","region":"China","ai":true,"frontier":false,"note":null},
    {"company":"Moonshot AI","amount_usd_m":2000,"amount":"$2.0B+","round":"Venture","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Frontier lab","country":"China","region":"China","ai":true,"frontier":false,"note":"Second of three 2026 raises."},
    {"company":"Isomorphic Labs","amount_usd_m":2000,"amount":"$2.0B+","round":"Series B","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Google","Nvidia"],"sector":"AI for science","country":"UK","region":"Europe","ai":true,"frontier":true,"note":"DeepMind spinout. The AlphaFold franchise as a drug-discovery company."},
    {"company":"Cognition","amount_usd_m":1000,"amount":"$1.0B","round":"Series D","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["General Catalyst","Founders Fund","Khosla Ventures"],"sector":"Dev tools","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Sierra","amount_usd_m":950,"amount":"$950M","round":"Series E","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Sequoia Capital","Benchmark","GV"],"sector":"Agents/apps","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Hark","amount_usd_m":700,"amount":"$700M","round":"Series A","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Nvidia","Salesforce Ventures","Brookfield"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":true,"note":"Brett Adcock. Largest Series A in AlleyWatch's US dataset. Personal intelligence models and computer-use agents."},
    {"company":"Periodic Labs","amount_usd_m":500,"amount":"$500M","round":"Series A","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"AI for science","country":"US","region":"US","ai":true,"frontier":true,"note":"AI scientist for materials and physical sciences."},
    {"company":"Mind Robotics","amount_usd_m":400,"amount":"$400M","round":"Venture","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","Accel","Kleiner Perkins"],"sector":"Robotics","country":"US","region":"US","ai":true,"frontier":false,"note":"Second round in three months."},
    {"company":"Modal Labs","amount_usd_m":355,"amount":"$355M","round":"Series C","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["General Catalyst","Accel","Menlo Ventures"],"sector":"AI infra","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Decart","amount_usd_m":300,"amount":"$300M","round":"Venture","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Nvidia","Sequoia Capital","Radical Ventures"],"sector":"World models","country":"Israel","region":"Other","ai":true,"frontier":false,"note":"Real-time generative world simulation for gaming."},
    {"company":"Astranis","amount_usd_m":300,"amount":"$300M","round":"Series E","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","Franklin Templeton","BlackRock"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Amca","amount_usd_m":300,"amount":"$300M","round":"Series B","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","Lightspeed"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Cowboy Space","amount_usd_m":275,"amount":"$275M","round":"Series B","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","Index Ventures","NEA"],"sector":"AI infra","country":"US","region":"US","ai":true,"frontier":false,"note":"Orbital AI infrastructure."},
    {"company":"Exa","amount_usd_m":250,"amount":"$250M","round":"Series C","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","QuantumLight"],"sector":"Data/eval","country":"US","region":"US","ai":true,"frontier":false,"note":"Search APIs for agents."},
    {"company":"Stord","amount_usd_m":250,"amount":"$250M","round":"Series F","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Franklin Templeton","Founders Fund","Kleiner Perkins"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Armada","amount_usd_m":230,"amount":"$230M","round":"Series B","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Founders Fund","BlackRock","Lux Capital"],"sector":"AI infra","country":"US","region":"US","ai":true,"frontier":false,"note":"Edge compute."},
    {"company":"Blitzy","amount_usd_m":200,"amount":"$200M","round":"Series A","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Battery Ventures","Northzone","PSG"],"sector":"Dev tools","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Mercury","amount_usd_m":200,"amount":"$200M","round":"Series D","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","Sequoia Capital","TCV"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"RADAR","amount_usd_m":170,"amount":"$170M","round":"Series B","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Nimble Partners","Gideon Strategic Partners"],"sector":"Agents/apps","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Farther","amount_usd_m":150,"amount":"$150M","round":"Series D","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["General Atlantic"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Vi Labs","amount_usd_m":145.7,"amount":"$145.7M","round":"Venture","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["General Atlantic","Revelstoke Capital Partners"],"sector":"Health AI","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Panthalassa","amount_usd_m":140,"amount":"$140M","round":"Series B","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Founders Fund","Lowercarbon Capital","John Doerr"],"sector":"Energy for AI","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Exaforce","amount_usd_m":125,"amount":"$125M","round":"Series B","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Peak XV Partners","Khosla Ventures","Mayfield"],"sector":"Security","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Reserv","amount_usd_m":125,"amount":"$125M","round":"Series C","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Bain Capital Ventures","Flourish Ventures","KKR"],"sector":"Other","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"CREATE Medicines","amount_usd_m":122,"amount":"$122M","round":"Series B","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Alexandria Venture Investments","ARCH Venture Partners"],"sector":"AI for science","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"OpenRouter","amount_usd_m":113,"amount":"$113M","round":"Series B","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","Menlo Ventures","ServiceNow Ventures"],"sector":"AI infra","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"SendCutSend","amount_usd_m":110,"amount":"$110M","round":"Series A","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Sequoia Capital","Paradigm","Patrick Collison"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Deep Infra","amount_usd_m":107,"amount":"$107M","round":"Series B","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Nvidia","Felicis","Samsung NEXT"],"sector":"AI infra","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Corgi Insurance","amount_usd_m":106,"amount":"$106M","round":"Series B","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["TCV","Kindred Ventures","Repeat Ventures"],"sector":"Other","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Core Automation","amount_usd_m":100,"amount":"$100M","round":"Venture","date":"2026-05","month":"2026-05","valuation_usd_m":1000,"valuation":"$1B","investors":["Nvidia","Spark Capital","Accel"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":true,"note":"Jerry Tworek, ex-OpenAI VP of Research. Reported to be raising $300–500M at ~$4B six weeks later."},
    {"company":"HavocAI","amount_usd_m":100,"amount":"$100M","round":"Series A","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Lockheed Martin","B Capital","Scout Ventures"],"sector":"Defence AI","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Nourish","amount_usd_m":100,"amount":"$100M","round":"Series C","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Menlo Ventures","Index Ventures","Thrive Capital"],"sector":"Health AI","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Thea Energy","amount_usd_m":100,"amount":"$100M","round":"Series B","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Alumni Ventures","Hitachi Ventures","Lowercarbon Capital"],"sector":"Energy for AI","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Garner Health","amount_usd_m":100,"amount":"$100M","round":"Series E","date":"2026-05","month":"2026-05","valuation_usd_m":null,"valuation":null,"investors":["Sequoia Capital","Founders Fund","Thrive Capital"],"sector":"Health AI","country":"US","region":"US","ai":false,"frontier":false,"note":null},

    {"company":"DeepSeek","amount_usd_m":7042,"amount":"¥50.0B (≈$7.0B)","round":"Series A","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["IDG Capital","Tencent","NetEase"],"sector":"Frontier lab","country":"China","region":"China","ai":true,"frontier":false,"note":"Largest disclosed round of the month globally and the largest Chinese AI round on record. Converted at ~7.1 CNY/USD."},
    {"company":"DayOne","amount_usd_m":2500,"amount":"$2.5B","round":"Series C","date":"2026-06-05","month":"2026-06","valuation_usd_m":20000,"valuation":"$20B","investors":["Coatue","Hillhouse Investment"],"sector":"AI infra","country":"Singapore","region":"Asia (ex-China)","ai":true,"frontier":false,"note":"Data centres."},
    {"company":"Baseten","amount_usd_m":1500,"amount":"$1.5B","round":"Series F","date":"2026-06-22","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Nvidia","Wellington Management","Spark Capital","Altimeter Capital"],"sector":"AI infra","country":"US","region":"US","ai":true,"frontier":false,"note":"5× the January round, five months later."},
    {"company":"NEURA Robotics","amount_usd_m":1400,"amount":"$1.4B","round":"Series C","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Amazon","Nvidia","Bosch"],"sector":"Robotics","country":"Germany","region":"Europe","ai":true,"frontier":false,"note":"Largest European robotics round of the year."},
    {"company":"AppsFlyer","amount_usd_m":1000,"amount":"$1.0B","round":"Series E","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Google","Meta","Moloco"],"sector":"Other","country":"Israel","region":"Other","ai":false,"frontier":false,"note":null},
    {"company":"Together AI","amount_usd_m":800,"amount":"$800M","round":"Series C","date":"2026-06-30","month":"2026-06","valuation_usd_m":8300,"valuation":"$8.3B","investors":["Aramco Ventures"],"sector":"AI infra","country":"US","region":"US","ai":true,"frontier":false,"note":"Sovereign-wealth lead on a US inference company."},
    {"company":"Ramp","amount_usd_m":750,"amount":"$750M","round":"Series F","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Lightspeed","General Catalyst","Sequoia Capital"],"sector":"Other","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"AI2 Robotics","amount_usd_m":704,"amount":"¥5.0B (≈$704M)","round":"Series C","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Baidu Ventures","Fortune VC","GSR United"],"sector":"Robotics","country":"China","region":"China","ai":true,"frontier":false,"note":null},
    {"company":"Groq","amount_usd_m":650,"amount":"$650M","round":"Venture","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Disruptive","Infinitum"],"sector":"AI chips","country":"US","region":"US","ai":true,"frontier":false,"note":"With Baseten, over 11% of US venture activity that month went to inference."},
    {"company":"Cyera","amount_usd_m":600,"amount":"$600M","round":"Series G","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Accel","Temasek","Sequoia Capital"],"sector":"Security","country":"Israel","region":"Other","ai":true,"frontier":false,"note":null},
    {"company":"Cowarobot","amount_usd_m":600,"amount":"$600M","round":"Venture","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Asia Investment Capital","SBCVC"],"sector":"Robotics","country":"China","region":"China","ai":true,"frontier":false,"note":null},
    {"company":"STARK","amount_usd_m":545,"amount":"€500M (≈$545M)","round":"Venture","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Sequoia Capital","Founders Fund","Advent International"],"sector":"Defence AI","country":"Germany","region":"Europe","ai":true,"frontier":false,"note":"Military AI and drones. Converted at ~1.09 USD/EUR."},
    {"company":"Alan","amount_usd_m":523,"amount":"€480M (≈$523M)","round":"Series G","date":"2026-06-25","month":"2026-06","valuation_usd_m":5995,"valuation":"€5.5B","investors":["Index Ventures","Prosus","Teachers' Venture Growth"],"sector":"Health AI","country":"France","region":"Europe","ai":true,"frontier":false,"note":null},
    {"company":"Iceye","amount_usd_m":520,"amount":"$520M","round":"Venture","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Other","country":"Finland","region":"Europe","ai":false,"frontier":false,"note":null},
    {"company":"Impulse Space","amount_usd_m":500,"amount":"$500M","round":"Series D","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Founders Fund","Lux Capital","Banner Ventures"],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Supabase","amount_usd_m":500,"amount":"$500M","round":"Series F","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Lightspeed","Accel","Stripe"],"sector":"Dev tools","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Flourish","amount_usd_m":500,"amount":"$500M","round":"Series A","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["GV","Jeff Bezos","Lux Capital"],"sector":"Agents/apps","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"CRED","amount_usd_m":469,"amount":"$469M","round":"Series H","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Meta"],"sector":"Other","country":"India","region":"Asia (ex-China)","ai":false,"frontier":false,"note":null},
    {"company":"Helion Energy","amount_usd_m":465,"amount":"$465M","round":"Series G","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Lightspeed","SoftBank Vision Fund"],"sector":"Energy for AI","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"CuspAI","amount_usd_m":450,"amount":"$450M","round":"Series B","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Temasek","Lightspeed","Samsung"],"sector":"AI for science","country":"UK","region":"Europe","ai":true,"frontier":true,"note":"Materials discovery. Most commercially grounded entry in the AI-for-science cluster."},
    {"company":"DriveNets","amount_usd_m":410,"amount":"$410M","round":"Series D","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["AMD","Bessemer Venture Partners","Red Dot Capital"],"sector":"AI infra","country":"Israel","region":"Other","ai":true,"frontier":false,"note":null},
    {"company":"Generalist AI","amount_usd_m":400,"amount":"$400M","round":"Series B","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Nvidia","Spark Capital","Union Square Ventures"],"sector":"Robotics","country":"US","region":"US","ai":true,"frontier":false,"note":"Robot foundation models."},
    {"company":"Suno","amount_usd_m":400,"amount":"$400M","round":"Series D","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Lightspeed","Menlo Ventures"],"sector":"Agents/apps","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Ionic Digital","amount_usd_m":400,"amount":"$400M","round":"Venture","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Citadel","Oaktree Capital"],"sector":"AI infra","country":"US","region":"US","ai":true,"frontier":false,"note":"Data centres."},
    {"company":"NinjaOne","amount_usd_m":400,"amount":"$400M","round":"Series C extension","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Sequoia Capital","Wellington Management"],"sector":"Security","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"General Intuition","amount_usd_m":320,"amount":"$320M","round":"Series A","date":"2026-06-25","month":"2026-06","valuation_usd_m":2300,"valuation":"$2.3B","investors":["Khosla Ventures"],"sector":"World models","country":"US","region":"US","ai":true,"frontier":true,"note":"$454M raised in total. Trains action foundation models on action-labelled gameplay from Medal's 17M monthly users. Frequently misreported as a '$2.3B Series B' — that is the valuation."},
    {"company":"Odyssey","amount_usd_m":310,"amount":"$310M","round":"Series B","date":"2026-06-17","month":"2026-06","valuation_usd_m":1450,"valuation":"$1.45B","investors":["Natural Capital","Amazon","AMD Ventures","GV","EQT","IQT"],"sector":"World models","country":"US","region":"US","ai":true,"frontier":true,"note":"Existing backers include Jeff Dean, Elad Gil, Garry Tan and Kyle Vogt. AWS is now preferred cloud."},
    {"company":"Origin Quantum","amount_usd_m":423,"amount":"¥3.0B (≈$423M)","round":"Venture","date":"2026-06","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Shenzhen Capital","CAS Star"],"sector":"Other","country":"China","region":"China","ai":false,"frontier":false,"note":"Quantum computing."},
    {"company":"Peregrine Technologies","amount_usd_m":250,"amount":"$250M","round":"Series D","date":"2026-06-23","month":"2026-06","valuation_usd_m":6800,"valuation":"$6.8B","investors":["Fifth Down Capital"],"sector":"Agents/apps","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Mirendil","amount_usd_m":200,"amount":"$200M","round":"Seed","date":"2026-06-25","month":"2026-06","valuation_usd_m":1000,"valuation":"$1B","investors":["Andreessen Horowitz","Kleiner Perkins","Nvidia"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":true,"note":"Ex-Anthropic, ~20 people. Signed a $100M+ multi-year Google Cloud deal on 6 August — roughly half the round committed to compute."},
    {"company":"LeapXpert","amount_usd_m":180,"amount":"$180M","round":"Growth","date":"2026-06-30","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Riverwood Capital"],"sector":"Security","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Assort Health","amount_usd_m":120,"amount":"$120M","round":"Series C","date":"2026-06-25","month":"2026-06","valuation_usd_m":1200,"valuation":"$1.2B","investors":["Menlo Ventures"],"sector":"Health AI","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Taktile","amount_usd_m":110,"amount":"$110M","round":"Series C","date":"2026-06-29","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["Goldman Sachs Growth Equity"],"sector":"Agents/apps","country":"Germany","region":"Europe","ai":true,"frontier":false,"note":null},
    {"company":"Trase","amount_usd_m":107,"amount":"$107M","round":"Seed","date":"2026-06-25","month":"2026-06","valuation_usd_m":null,"valuation":null,"investors":["ARCH Venture Partners"],"sector":"AI for science","country":"US","region":"US","ai":true,"frontier":false,"note":null},

    {"company":"Blue Origin","amount_usd_m":10000,"amount":"$10.0B","round":"Venture","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":"Largest round of the month. Not AI, but it sets the scale."},
    {"company":"Safe Superintelligence","amount_usd_m":5000,"amount":"$5.0B","round":"Strategic","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":["Nvidia"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":true,"note":"Largest pure-AI deal of the month, from a single strategic investor, into a lab with no product and no stated timeline."},
    {"company":"Moonshot AI","amount_usd_m":3500,"amount":"$3.5B","round":"Venture","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Frontier lab","country":"China","region":"China","ai":true,"frontier":false,"note":"Third raise of 2026: $700M in February, $2B+ in May, $3.5B in July."},
    {"company":"Kling AI","amount_usd_m":2800,"amount":"~$2.8B","round":"Growth","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":["Alibaba","Tencent","Baidu","BlueFive Capital"],"sector":"Agents/apps","country":"China","region":"China","ai":true,"frontier":false,"note":"Video generation."},
    {"company":"Helsing","amount_usd_m":1800,"amount":"$1.8B","round":"Series E","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":["Dragoneer","Lightspeed","ICONIQ"],"sector":"Defence AI","country":"Germany","region":"Europe","ai":true,"frontier":false,"note":"Largest European AI round of the year."},
    {"company":"Joulent","amount_usd_m":1750,"amount":"$1.75B","round":"Strategic","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":["National Grid Ventures"],"sector":"Energy for AI","country":"US","region":"US","ai":false,"frontier":false,"note":"Largest US round of the month. Energy, not models."},
    {"company":"Atoms","amount_usd_m":1700,"amount":"$1.7B","round":"Venture","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":["Andreessen Horowitz","Bain Capital","Uber"],"sector":"Robotics","country":"US","region":"US","ai":true,"frontier":false,"note":"Travis Kalanick. Physical AI."},
    {"company":"Fireworks AI","amount_usd_m":1505,"amount":"$1.505B","round":"Series D","date":"2026-07","month":"2026-07","valuation_usd_m":17500,"valuation":"$17.5B","investors":["Atreides Management","Index Ventures","TCV"],"sector":"AI infra","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Commonwealth Fusion Systems","amount_usd_m":1000,"amount":"$1.0B","round":"Private equity","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Energy for AI","country":"US","region":"US","ai":false,"frontier":false,"note":"Institutional, pension and sovereign funds."},
    {"company":"Keyfactor","amount_usd_m":1000,"amount":"$1.0B+","round":"Growth","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":["Summit Partners"],"sector":"Security","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"SambaNova","amount_usd_m":1000,"amount":"$1.0B","round":"Series F","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":["General Atlantic"],"sector":"AI chips","country":"US","region":"US","ai":true,"frontier":false,"note":"Second raise of 2026, 3× the February round."},
    {"company":"Neko Health","amount_usd_m":700,"amount":"$700M","round":"Series C","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":["Lightspeed","O.G. Venture Partners"],"sector":"Health AI","country":"Sweden","region":"Europe","ai":true,"frontier":false,"note":null},
    {"company":"Wonder","amount_usd_m":650,"amount":"$650M","round":"Series D","date":"2026-07","month":"2026-07","valuation_usd_m":9000,"valuation":"$9B pre-money","investors":[],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Antora Energy","amount_usd_m":550,"amount":"$550M","round":"Venture","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Energy for AI","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Chai Discovery","amount_usd_m":400,"amount":"$400M","round":"Series C","date":"2026-07","month":"2026-07","valuation_usd_m":3800,"valuation":"$3.8B","investors":["Index Ventures","Sequoia Capital","Dimension","Kleiner Perkins"],"sector":"AI for science","country":"US","region":"US","ai":true,"frontier":true,"note":"Open-weight molecular structure models."},
    {"company":"Walden Robotics","amount_usd_m":300,"amount":"$300M","round":"Launch funding","date":"2026-07","month":"2026-07","valuation_usd_m":1100,"valuation":"$1.1B","investors":["Toyota","Deviation Capital"],"sector":"Robotics","country":"US","region":"US","ai":true,"frontier":false,"note":"Unicorn at launch."},
    {"company":"CAIS","amount_usd_m":170,"amount":"$170M","round":"Venture","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Emergent","amount_usd_m":130,"amount":"$130M","round":"Series C","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Dev tools","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Brinc","amount_usd_m":125,"amount":"$125M","round":"Follow-on","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":["Motorola Solutions","Index Ventures"],"sector":"Robotics","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Gauntlet","amount_usd_m":125,"amount":"$125M","round":"Venture","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Spectro Cloud","amount_usd_m":100,"amount":"$100M+","round":"Series D","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":["Goldman Sachs Alternatives"],"sector":"AI infra","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Twelve Labs","amount_usd_m":100,"amount":"$100M","round":"Series B","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":["New Enterprise Associates","Naver Ventures"],"sector":"Data/eval","country":"US","region":"US","ai":true,"frontier":false,"note":"Video understanding."},
    {"company":"TerraFirma","amount_usd_m":100,"amount":"$100M","round":"Venture","date":"2026-07","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":[],"sector":"Other","country":"US","region":"US","ai":false,"frontier":false,"note":null},
    {"company":"Skyfall AI","amount_usd_m":null,"amount":"Undisclosed","round":"Venture","date":"2026-07-20","month":"2026-07","valuation_usd_m":null,"valuation":null,"investors":["Fidelity Management and Research","Inovia Capital","Touring Capital","M13","NextView Ventures","Garage Capital"],"sector":"World models","country":"Canada","region":"Other","ai":true,"frontier":true,"note":"Out of stealth. Enterprise world models. Announced it will acquire a small B2B SaaS or e-commerce business for up to $1M and run it almost entirely with AI. Amount and valuation not public."},

    {"company":"Project Prometheus","amount_usd_m":12000,"amount":"$12.0B","round":"Series B (disputed)","date":"2026-06-11","month":"2026-06","valuation_usd_m":41000,"valuation":"$41B","investors":[],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":false,"note":"DISPUTED: reported separately from the $10B April round. Whether these are the same raise reported twice, or two events, is unresolved — see the conflicts log. Both rows are kept so the disagreement stays visible; totals therefore double-count Prometheus."},
    {"company":"Valar Atomics","amount_usd_m":1000,"amount":"$1.0B","round":"Series B","date":"2026-08-04","month":"2026-08","valuation_usd_m":6000,"valuation":"$6B","investors":["Sequoia Capital"],"sector":"Energy for AI","country":"US","region":"US","ai":false,"frontier":false,"note":"Total raised $1.2B including a credit facility. A $340M Series B was reported in April."},
    {"company":"Base Power","amount_usd_m":1000,"amount":"$1.0B","round":"Series D","date":"2026-08-04","month":"2026-08","valuation_usd_m":13000,"valuation":"$13B","investors":["Ribbit Capital","Addition","Valor Equity Partners","JPMorgan"],"sector":"Energy for AI","country":"US","region":"US","ai":false,"frontier":false,"note":"~$2.5B raised in total. Two billion-dollar energy rounds on the same day."},
    {"company":"OLIX Computing","amount_usd_m":312,"amount":"$312M","round":"Series B","date":"2026-08","month":"2026-08","valuation_usd_m":3300,"valuation":"$3.3B","investors":[],"sector":"AI chips","country":"UK","region":"Europe","ai":true,"frontier":false,"note":"Photonic AI inference chips. Second round of the year after a $220M Series A in February."},
    {"company":"HappyRobot","amount_usd_m":150,"amount":"$150M","round":"Series C","date":"2026-08-04","month":"2026-08","valuation_usd_m":1200,"valuation":"$1.2B","investors":["Prysm Capital","Eurazeo"],"sector":"Agents/apps","country":"US","region":"US","ai":true,"frontier":false,"note":"Supply-chain agents."},
    {"company":"Zenity","amount_usd_m":125,"amount":"$125M","round":"Series C","date":"2026-08-04","month":"2026-08","valuation_usd_m":null,"valuation":null,"investors":["Norwest Venture Partners","Qumra Capital","SoftBank Vision Fund 2"],"sector":"Security","country":"Israel","region":"Other","ai":true,"frontier":false,"note":"AI agent governance."},
    {"company":"Onyx","amount_usd_m":113,"amount":"$113M","round":"Series B","date":"2026-08","month":"2026-08","valuation_usd_m":640,"valuation":"$640M","investors":[],"sector":"Security","country":"Israel","region":"Other","ai":true,"frontier":false,"note":"Secure enterprise agent deployment."},
    {"company":"Convex","amount_usd_m":57,"amount":"$57M","round":"Series B","date":"2026-08-04","month":"2026-08","valuation_usd_m":null,"valuation":null,"investors":["Insight Partners"],"sector":"Dev tools","country":"US","region":"US","ai":true,"frontier":false,"note":null},
    {"company":"Mirendil","amount_usd_m":100,"amount":"$100M+ (compute deal)","round":"Cloud commitment","date":"2026-08-06","month":"2026-08","valuation_usd_m":null,"valuation":null,"investors":["Google Cloud"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":true,"note":"Not equity. A multi-year Google Cloud commitment worth roughly half the June seed round."},
    {"company":"Discovery Loop","amount_usd_m":null,"amount":"Undisclosed","round":"Founding","date":"2026-08-05","month":"2026-08","valuation_usd_m":null,"valuation":null,"investors":["Google","Radical Ventures","Khosla Ventures"],"sector":"Frontier lab","country":"US","region":"US","ai":true,"frontier":true,"note":"Jeff Dean and Sanjay Ghemawat leave Google after 27 years with Oriol Vinyals and Quoc Le. Public benefit corporation; Google is founding investor and cloud partner."}
  ]
}