Fresh Rounds

Startup funding report: July 2026

In July 2026, 1,365 US companies filed a new Form D with the SEC, reporting $13.5B raised (+1% in companies vs June 2026). The median round was $1.4M, 44% of rounds were under $1M, and 76% of the companies were founded in the last five years. Technology led by number of rounds (339). California led the states with 212.

Companies that raised
1,365
+1% vs Jun
Reported raised
$13.5B
−25% vs Jun
Median round
$1.4M
$1.6M in Jun
New investment funds
2,301
Companies raising per monthNew Form D offerings by operating companies
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MonthCompanies
Nov1,163
Dec1,341
Jan 261,450
Feb1,181
Mar1,420
Apr1,559
May1,285
Jun1,355
Jul1,365
Round sizeShare of rounds with reported sales
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Amount raisedRounds
Under $250K286 (25%)
$250K–$1M211 (19%)
$1M–$5M336 (30%)
$5M–$20M198 (17%)
$20M–$100M73 (6%)
$100M+30 (3%)
By sectorNumber of rounds · amount raised
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SectorRounds · raised
Technology339 · $4.7B
Real estate330 · $1.4B
Other311 · $3.6B
Health care138 · $1.3B
Financial services81 · $872M
Energy55 · $955M
Retail and restaurants43 · $527M
Manufacturing43 · $104M
Business services16 · $39M
Travel and leisure5 · $3.4M
Agriculture4 · $55.1M
Top statesNumber of rounds · amount raised
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StateRounds · raised
California212 · $3.2B
Texas126 · $970M
New York119 · $1.4B
Florida106 · $1.6B
Delaware59 · $197M
Massachusetts49 · $985M
Illinois45 · $513M
Georgia38 · $226M
Colorado37 · $1.2B
North Carolina35 · $57M

The 20 largest rounds

CompanyIndustryRaisedSecurityFiled
Uranium Royalty Corp.Lakewood, CO · Founded 2026 Other $813M Equity Jul 30
Ondas Inc.West Palm Beach, FL Other $675M Equity Jul 10
Groq LLCSan Jose, CA Other Technology $672M Equity, Options or warrants Jul 24
Mastec Inc.Coral Gables, FL Other $484M Equity Jul 24
Core Automation, Inc.San Francisco, CA · Founded 2026 Other Technology $432Mof $635M Equity Jul 30
Wonder Group, Inc.New York, NY Restaurants $354Mof $600M Equity Jul 8
Parkway Bancorp Inc./IlHarwood Heights, IL Commercial Banking $339Mof $400M Equity, Options or warrants Jul 17
Antares Nuclear, Inc.Torrance, CA · Founded 2023 Other Energy $320M Equity Jul 28
Sila Nanotechnologies, Inc.Alameda, CA Other Technology $310Mof $561M Equity, Options or warrants Jul 31
Walden Robotics, Inc.Cambridge, MA · Founded 2025 Other Technology $302Mof $306M Equity Jul 15
I-Pulse Inc.London, United Kingdom Other Technology $250M Equity, Options or warrants Jul 14
American Residential Housing TrustDenver, CO · Founded 2026 REITS and Finance $227Mof $241M Equity, Debt Jul 21
AdvanCell, Inc.Cambridge, MA · Founded 2026 Biotechnology $218Mof $315M Equity, Security to be acquired on exercise Jul 16
Enterprise Housing Partners 50 Limited PartnershipColumbia, MD · Founded 2026 Other Real Estate $209M Equity Jul 16
Principal Mineral Co. Inc.Southlake, TX · Founded 2024 Other $209M Equity Jul 8
ThreatLocker, Inc.Orlando, FL Other Technology $189M Equity Jul 30
Merchants Capital Tax Credit Equity Fund 31, L.P.Carmel, IN · Founded 2025 Other Real Estate $160M Equity Jul 7
Apex Technology, Inc.Los Angeles, CA Other $157M Equity Jul 22
Onward HoldCo L.P.New York, NY · Founded 2026 Other $145Mopen-ended Other Jul 28
Quaise Energy, Inc.Houston, TX Other Energy $134Mof $144M Equity Jul 14