Which sector raised the most in 2026?

Artificial Intelligence, at $431.7B across 1,900 rounds and 1,714 companies. Its largest single round went to OpenAI.

Do the sector totals add up to total 2026 funding?

No, and they are not meant to. A company can carry several sector tags, so a round backing a company tagged both AI and SaaS is counted once in each. Sector totals therefore sum to more than the $652.8B of disclosed 2026 funding. This is the standard convention for sector reporting.

Is this the full year?

No. This is 2026 year to date — rounds announced through 2026-09-27. The snapshot is frozen so it stays citable; the live database behind it updates daily.

Can I use this dataset?

Yes — free under CC BY 4.0. Please attribute Indexed (indexed.vc) with a link back to this page.

Startup Funding
by Sector, 2026

Name: Startup Funding by Sector, 2026
Creator: Indexed
Published: 2026-08-28
License: https://creativecommons.org/licenses/by/4.0/

Where the money actually went this year. Capital raised, round counts, companies funded, and median cheque size across 122 sectors — so you can see which are hot and which are quietly consolidating.

122

Sectors ranked

$652.8B

Disclosed 2026 funding

Artificial Intelligence

Largest sector · $431.7B

$17.4M

Typical sector's median round

Free to use, including commercially. Just credit Indexed and link back to this page (CC BY 4.0).

CSV JSON

#	Sector	Capital raised	Rounds	Companies	Median round	Largest round
1	Artificial IntelligenceMost active: United States	$431.7B	1,900	1,714	$16.0M	OpenAI$122.0B
2	Generative AIMost active: United States	$255.6B	53	38	$72.1M	OpenAI$122.0B
3	InfrastructureMost active: United States	$167.1B	119	103	$65.0M	OpenAI$122.0B
4	SaaSMost active: United States	$160.7B	903	838	$15.0M	OpenAI$122.0B
5	HealthcareMost active: United States	$39.4B	802	745	$20.0M	BridgeBio$1.0B
6	Defense TechMost active: United States	$37.0B	200	175	$33.0M	Anduril$5.0B
7	Developer ToolsMost active: United States	$35.5B	310	273	$27.0M	Zhipu AI$4.0B
8	FintechMost active: United States	$33.0B	708	641	$17.0M	Ant International$1.2B
9	HardwareMost active: United States	$32.2B	164	142	$50.0M	Coherent Corp.$2.0B
10	RoboticsMost active: United States	$30.7B	127	111	$28.0M	Project Prometheus$12.0B
11	CloudMost active: United States	$30.7B	69	59	$117.0M	Nebius$4.3B
12	Climate TechMost active: United States	$28.9B	300	278	$20.0M	Crusoe$3.9B
13	BiotechMost active: United States	$27.9B	468	438	$29.0M	Isomorphic Labs$2.0B
14	ManufacturingMost active: United States	$24.1B	122	111	$20.0M	Project Prometheus$12.0B
15	Autonomous VehiclesMost active: United States	$22.3B	27	22	$100.0M	Waymo$16.0B
16	SemiconductorsMost active: United States	$19.8B	75	62	$60.0M	Rapidus$4.0B
17	EnergyMost active: United States	$16.7B	110	103	$30.0M	Duke Energy Corporation 5.625% Junior Subordinated Debentures due 2078$6.0B
18	Space TechMost active: United States	$16.0B	127	108	$30.0M	Hadrian$1.4B
19	Crypto & Web3Most active: United States	$13.5B	177	159	$14.0M	IREN Limited$3.0B
20	Clean EnergyMost active: United States	$13.1B	41	37	$100.0M	Crusoe$3.9B
21	Financial ServicesMost active: United States	$11.8B	94	88	$30.0M	Tokio Marine$1.8B
22	CybersecurityMost active: United States	$11.5B	261	236	$21.0M	SandboxAQ$500.0M
23	AerospaceMost active: United States	$11.4B	68	59	$40.0M	Joby Aviation$1.2B
24	E-CommerceMost active: United States	$10.6B	217	197	$12.7M	QXO$3.0B
25	Advanced MaterialsMost active: United States	$7.8B	35	29	$10.5M	Wheaton Precious Metals Corp Common Shares (Canada)$4.3B
26	Life SciencesMost active: United States	$6.9B	49	47	$40.0M	Isomorphic Labs$2.0B
27	DronesMost active: United States	$6.7B	15	10	$110.0M	Shield AI$2.0B
28	Data & AnalyticsMost active: United States	$6.2B	108	96	$14.4M	VAST Data$1.0B
29	IndustrialsMost active: United States	$6.0B	84	76	$25.0M	Stoke Space$1.0B
30	TelecommunicationsMost active: United States	$5.7B	29	29	$10.0M	Eaton Fiber$1.5B
31	PaymentsMost active: United States	$5.1B	73	65	$25.0M	CRED$900.0M
32	Digital HealthMost active: United States	$5.1B	84	74	$15.0M	Neko Health$700.0M
33	TransportationMost active: United States	$5.0B	35	33	$30.0M	Joby Aviation$1.2B
34	Deep TechMost active: United States	$4.7B	68	61	$24.0M	Proxima Fusion$469.0M
35	RetailMost active: United States	$4.7B	58	54	$13.0M	Jetro Cash & Carry$3.0B
36	InsurtechMost active: United States	$4.7B	49	44	$25.0M	Coherent Corp.$2.0B
37	MediaMost active: United States	$4.4B	50	45	$35.0M	ElevenLabs$500.0M
38	Clean TechMost active: United States	$4.4B	52	51	$10.0M	Stegra$1.6B
39	Food & BeverageMost active: India	$4.2B	53	49	$8.3M	Jetro Cash & Carry$3.0B
40	Electric VehiclesMost active: India	$4.0B	28	25	$27.0M	Joby Aviation$1.2B
41	Real EstateMost active: United States	$3.8B	52	49	$26.0M	Vertical Bridge$1.5B
42	TherapeuticsMost active: United States	$3.8B	37	36	$50.0M	Mirum Pharmaceuticals$600.0M
43	LogisticsMost active: United States	$3.7B	75	67	$20.0M	Zipline$600.0M
44	AnalyticsMost active: United States	$3.7B	41	40	$17.0M	AppsFlyer$1.0B
45	InsuranceMost active: United States	$3.5B	34	29	$24.0M	Tokio Marine$1.8B
46	Quantum ComputingMost active: United States	$3.4B	55	42	$25.5M	SandboxAQ$500.0M
47	MarketplaceMost active: United States	$3.1B	63	56	$16.0M	Wonder$650.0M
48	AutomotiveMost active: China	$2.7B	27	26	$41.0M	Lucid Motors$750.0M
49	Legal TechMost active: United States	$2.5B	45	37	$10.5M	Harvey$550.0M
50	Construction TechMost active: United States	$2.3B	45	42	$14.5M	Procore$950.0M
51	Nuclear EnergyMost active: United States	$2.1B	7	6	$140.0M	Commonwealth Fusion Systems$1.0B
52	MaritimeMost active: United States	$2.1B	6	6	$25.0M	Saronic$1.8B
53	SustainabilityMost active: United States	$2.1B	58	55	$12.0M	Flourish$500.0M
54	Energy StorageMost active: United States	$2.0B	14	14	$41.0M	Base Power$1.0B
55	Machine LearningMost active: United States	$2.0B	21	21	$100.0M	humans&$480.0M
56	Medical DevicesMost active: United States	$2.0B	56	53	$15.5M	Neko Health$700.0M
57	Conversational AIMost active: United States	$1.9B	12	11	$6.3M	Sierra$950.0M
58	BankingMost active: United States	$1.9B	23	16	$75.0M	Circle$222.0M
59	EducationMost active: United States	$1.9B	26	24	$10.0M	XCL Education$1.3B
60	Marketing TechMost active: United States	$1.8B	63	57	$15.5M	Owner$240.0M
61	HR TechMost active: United States	$1.7B	76	72	$10.0M	HiBob$166.0M
62	Drug DiscoveryMost active: United States	$1.7B	29	28	$25.0M	Chai Discovery$400.0M
63	Food TechMost active: United States	$1.6B	37	33	$13.2M	Wonder$650.0M
64	AgtechMost active: United States	$1.6B	66	58	$9.5M	Halter$220.0M
65	Computer VisionMost active: United States	$1.6B	23	21	$23.3M	PixVerse$439.0M
66	Travel & HospitalityMost active: United States	$1.5B	29	27	$12.0M	Hermeus$350.0M
67	IoTMost active: United States	$1.5B	48	43	$8.0M	Exein$270.0M
68	ProductivityMost active: United States	$1.5B	21	20	$15.0M	Ramp$750.0M
69	MobilityMost active: United States	$1.3B	32	31	$18.5M	Starcloud$250.0M
70	PropTechMost active: United States	$1.3B	54	50	$10.2M	Nesto$302.0M
71	Advanced ManufacturingMost active: United States	$1.3B	8	8	$50.0M	Figure AI$1.0B
72	EdTechMost active: United States	$1.3B	41	40	$10.0M	Replit$400.0M
73	Supply ChainMost active: United States	$1.2B	62	57	$10.4M	Stord$250.0M
74	AutomationMost active: United States	$1.2B	17	17	$20.0M	Cohere$600.0M
75	WellnessMost active: United States	$1.2B	18	17	$5.5M	Whoop$575.0M
76	AdtechMost active: United States	$1.2B	12	12	$12.0M	AppsFlyer$1.0B
77	Wealth ManagementMost active: United States	$1.2B	22	20	$21.0M	Edelweiss$232.0M
78	DatabasesMost active: United States	$1.1B	10	9	$87.8M	Supabase$500.0M
79	Open SourceMost active: United States	$1.1B	10	10	$22.0M	Supabase$500.0M
80	DiagnosticsMost active: United States	$1.1B	20	17	$15.0M	Function Health$450.0M
81	GenomicsMost active: United States	$1.0B	13	12	$21.0M	LifeMine$263.0M
82	MedtechMost active: United States	$998.1M	22	21	$10.0M	OpenEvidence$250.0M
83	WearablesMost active: United States	$972.5M	11	9	$50.0M	Whoop$575.0M
84	LongevityMost active: United States	$893.4M	6	4	$100.0M	Function Health$450.0M
85	GamingMost active: United States	$889.7M	46	41	$10.5M	Novig$75.0M
86	Mental HealthMost active: United States	$858.7M	14	12	$16.0M	Hims and Hers$350.0M
87	FitnessMost active: United States	$857.0M	8	8	$7.0M	EGYM$785.0M
88	MusicMost active: United States	$814.0M	9	8	$17.0M	Suno AI$400.0M
89	IdentityMost active: United States	$709.3M	9	8	$40.0M	Cloaked$375.0M
90	Design ToolsMost active: United States	$671.3M	9	9	$24.0M	Stark Defence$570.0M
91	Workflow AutomationMost active: United States	$647.5M	16	13	$25.0M	Nitra$187.0M
92	SportsMost active: United States	$637.6M	10	10	$35.0M	LIV Golf$266.6M
93	Natural Language ProcessingMost active: United States	$637.5M	12	11	$18.0M	Wispr Flow$260.0M
94	GovTechMost active: United States	$621.3M	13	12	$10.0M	Onebrief$200.0M
95	DevOpsMost active: United States	$612.5M	23	22	$11.4M	Coralogix$200.0M
96	ComplianceMost active: United States	$576.9M	30	30	$10.0M	Fonoa$110.0M
97	FashionMost active: India	$560.6M	13	13	$7.9M	Quince$500.0M
98	Social MediaMost active: United States	$542.3M	16	16	$20.0M	Entrepreneur First$200.0M
99	ConstructionMost active: United States	$539.0M	24	20	$10.0M	Gravis Robotics$200.0M
100	OncologyMost active: United States	$537.6M	15	15	$21.5M	Oricell Therapeutics$110.0M
101	Renewable EnergyMost active: India	$491.9M	16	16	$17.4M	Aspen Power$200.0M
102	EntertainmentMost active: United States	$491.0M	22	21	$4.0M	LIV Golf$266.6M
103	PrivacyMost active: United States	$451.2M	7	7	$13.8M	Cloaked$375.0M
104	LendingMost active: India	$443.2M	14	13	$12.5M	KreditBee$280.0M
105	RecruitingMost active: United States	$395.5M	11	11	$20.0M	HiBob$166.0M
106	VideoMost active: United States	$289.1M	6	6	$20.0M	Synthesia$200.0M
107	Creator EconomyMost active: United States	$283.3M	12	12	$8.9M	Whop$200.0M
108	BeautyMost active: United States	$259.9M	15	13	$5.5M	Fresha$80.0M
109	Pet TechMost active: United States	$255.0M	8	6	$12.0M	Loyal$100.0M
110	Oil & GasMost active: United States	$239.9M	9	9	$15.0M	Elk Range Royalties$200.0M
111	DeFiMost active: United States	$238.8M	6	6	$6.4M	Morpho$175.0M
112	AI AssistantMost active: United States	$217.4M	9	9	$8.0M	HappyRobot$150.0M
113	3D PrintingMost active: United States	$181.5M	10	10	$5.0M	Firestorm$82.0M
114	FemtechMost active: United States	$168.1M	8	7	$4.7M	Midi Health$100.0M
115	Business IntelligenceMost active: United States	$129.3M	7	7	$10.0M	Sigma Computing$80.0M
116	RegtechMost active: United States	$129.0M	8	8	$12.5M	IDfy$53.0M
117	CRMMost active: United States	$127.8M	9	9	$5.3M	Twenty$100.0M
118	Home ServicesMost active: India	$115.6M	6	6	$13.0M	Snabbit$56.0M
119	Sports TechMost active: United States	$115.0M	7	7	$6.5M	Novig$75.0M
120	GroceryMost active: United States	$84.7M	5	5	$22.0M	Breadfast$50.0M
121	DeliveryMost active: Egypt	$79.0M	6	6	$7.5M	Breadfast$50.0M
122	AR/VRMost active: United States	$59.9M	9	8	$4.5M	Virtuix Holdings Inc.$19.0M

Methodology & license

Definition. Each row aggregates the primary funding rounds raised by companies carrying that sector tag, announced between 2026-01-01 and 2026-09-27. Capital raised sums disclosed amounts only; rounds with an undisclosed amount still count toward round and company totals, which is why rounds_with_amount ships as its own column in the download.

Sectors overlap by design. A company can carry several sector tags, so a round backing a company tagged both AI and SaaS is counted once in each sector. Sector totals therefore sum to more than total 2026 funding ($652.8B disclosed across 5,029 rounds). This is the standard convention for sector reporting, and it is why no percentage-of-total column is published: it would be misleading.

Scope. Primary funding: equity rounds from pre-seed through growth and private equity, angel, corporate, bridge and extension rounds, convertible notes, SAFEs, equity crowdfunding and grants. Grants are included, as they are in every Indexed funding total. Debt, secondaries, IPOs and acquisitions are excluded; exit consideration is not capital raised. Rounds are included only at confidence 50 or above with a confirmed or unconfirmed status. Sectors with fewer than five rounds are omitted as too thin to characterise. This is 2026 year to date, not a full calendar year. Frozen 2026-09-27 so the snapshot stays citable; the live database behind it updates daily.

Edition history. Reprocessed 2026-09-27 using the current funding-type rule, which excludes debt, IPOs, acquisitions and secondaries. Figures also reflect reviewed corrections and additions recorded since the previous edition. The 2026-08-28 edition is superseded and preserved for citation: Previous edition CSV · Previous edition JSON.

License. Free to use anywhere, including in commercial and published work. The only requirement is attribution: credit “Indexed” and link to this page (indexed.vc/reports/startup-funding-by-sector-2026). Released under CC BY 4.0.

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