Aperture Sectors › Fastest-growing
Fastest-growing AI sectors
99 sub-sectors ranked by how many more startups raised funding
As of Nov 15, 2026: Robot & world foundation models went from 24 to 57 funded companies in the last 12 months against the 12 before, the largest increase of 99 AI sub-sectors. Over the shorter window, Brain-computer interfaces & neurotech went from 5 to 25 funded companies in the last 6 months against the 6 before.
Ranked by breadth: how many more companies raised a round, not how much money was raised. One very large round cannot move the order. Switch between the last 12 and last 6 months, and between companies added and % growth.
Ranked by how many more companies raised a round than in the 12 months before.
Ranked by % growth in companies that raised a round, against the 12 months before.
Ranked by how many more companies raised a round than in the 6 months before.
Ranked by % growth in companies that raised a round, against the 6 months before.
01Robot & world foundation modelsRobotics & Physical AI33 → 81 rounds · $6.4B raised +490% · largest Skild AI 22%24 → 57+33 · +138%companies fundedSee the 81 rounds →02Drug discovery & protein designHealthcare & Life Sciences69 → 100 rounds · $6.2B raised +99% · largest Isomorphic Labs 34%65 → 93+28 · +43%companies fundedSee the 100 rounds →03Agent platforms & buildersAI Agents44 → 62 rounds · $1.3B raised +16% · largest HappyRobot 11%40 → 60+20 · +50%companies fundedSee the 62 rounds →04AI & agent securityCybersecurity AI18 → 39 rounds · $1.2B raised +321% · largest Onyx Security 12%18 → 36+18 · +100%companies fundedSee the 39 rounds →05Robot software, data & simulationRobotics & Physical AI41 → 74 rounds · $1.5B raised +70% · largest Guanglun Intelligence 19%40 → 58+18 · +45%companies fundedSee the 74 rounds →06Interconnect & memoryAI Hardware & Chips28 → 48 rounds · $5.3B raised +218% · largest Lumilens 13%26 → 43+17 · +65%companies fundedSee the 48 rounds →07Sales, marketing & GTMAI Agents50 → 67 rounds · $1.2B raised +66% · largest Hightouch 13%48 → 65+17 · +35%companies fundedSee the 67 rounds →08Power & cooling for AI data centersAI Infrastructure10 → 28 rounds · $1.4B raised +360% · largest Boom Supersonic 21%10 → 26+16 · +160%companies fundedSee the 28 rounds →09Components, hands & sensorsRobotics & Physical AI32 → 57 rounds · $714M raised +289% · largest Linkerbot (灵心巧手) 30%25 → 41+16 · +64%companies fundedSee the 57 rounds →10Intelligence & mission planningDefense & Public Safety AI10 → 27 rounds · $2.5B raised +190% · largest Helsing 73%10 → 25+15 · +150%companies fundedSee the 27 rounds →11Industrial operations, inspection & safetyIndustry AI13 → 27 rounds · $194M raised +147% · largest Whale 21%13 → 27+14 · +108%companies fundedSee the 27 rounds →12Brain-computer interfaces & neurotechHealthcare & Life Sciences15 → 31 rounds · $911M raised -24% · largest Merge Labs 28%15 → 29+14 · +93%companies fundedSee the 31 rounds →13Home & consumer robotsRobotics & Physical AI18 → 33 rounds · $931M raised +180% · largest Morphi (墨奇智能) 30%14 → 27+13 · +93%companies fundedSee the 33 rounds →14Edge & on-device chipsAI Hardware & Chips22 → 42 rounds · $1.7B raised +222% · largest D-Robotics 39%21 → 34+13 · +62%companies fundedSee the 42 rounds →15Inference & model servingAI Infrastructure36 → 58 rounds · $10.6B raised +287% · largest Baseten 17%32 → 45+13 · +41%companies fundedSee the 58 rounds →16Engineering design & simulationIndustry AI25 → 43 rounds · $19.7B raised +2677% · largest Prometheus 92%25 → 36+11 · +44%companies fundedSee the 43 rounds →17Gaming & interactiveConsumer & Media AI19 → 28 rounds · $222M raised +81% · largest Yongyue Intelligent 23%18 → 28+10 · +56%companies fundedSee the 28 rounds →18Compute orchestration & GPU softwareAI Infrastructure12 → 21 rounds · $135M raised +100% · largest SkyPilot 15%12 → 21+9 · +75%companies fundedSee the 21 rounds →19Exposure & vulnerability managementCybersecurity AI12 → 21 rounds · $511M raised +97% · largest Zafran Security 12%12 → 21+9 · +75%companies fundedSee the 21 rounds →20Clinical trials & research operationsHealthcare & Life Sciences20 → 29 rounds · $752M raised -16% · largest Pathos AI 32%20 → 29+9 · +45%companies fundedSee the 29 rounds →21Training data, labeling & evaluation dataAI Infrastructure25 → 33 rounds · $1.7B raised -89% · largest Mercor 44%22 → 31+9 · +41%companies fundedSee the 33 rounds →22Data-center acceleratorsAI Hardware & Chips26 → 43 rounds · $12.2B raised +220% · largest Tenstorrent 12%23 → 32+9 · +39%companies fundedSee the 43 rounds →23Agent infrastructureAI Agents26 → 38 rounds · $1.6B raised +132% · largest Temporal Technologies 52%26 → 35+9 · +35%companies fundedSee the 38 rounds →24Assistants & searchConsumer & Media AI30 → 39 rounds · $836M raised -15% · largest Wispr Flow 37%27 → 36+9 · +33%companies fundedSee the 39 rounds →25Materials & chemistryIndustry AI25 → 33 rounds · $1.1B raised +48% · largest CuspAI 42%24 → 32+8 · +33%companies fundedSee the 33 rounds →26Humanoid & general-purpose robotsRobotics & Physical AI49 → 63 rounds · $3.9B raised +56% · largest Apptronik 13%36 → 44+8 · +22%companies fundedSee the 63 rounds →27Trading, research & capital marketsFintech AI39 → 48 rounds · $1.3B raised +102% · largest AlphaSense 27%38 → 46+8 · +21%companies fundedSee the 48 rounds →28Factory automation & industrial robotics softwareIndustry AI45 → 55 rounds · $2.5B raised +87% · largest Hadrian 54%45 → 53+8 · +18%companies fundedSee the 55 rounds →29InsuranceFintech AI55 → 62 rounds · $2.2B raised +171% · largest Corgi 17%51 → 59+8 · +16%companies fundedSee the 62 rounds →30Accounting, spend & finance operationsFintech AI70 → 79 rounds · $4.6B raised +208% · largest Ramp 63%67 → 75+8 · +12%companies fundedSee the 79 rounds →31Personal & computer-use assistantsAI Agents21 → 32 rounds · $2.6B raised +625% · largest Instinct 48%21 → 27+6 · +29%companies fundedSee the 32 rounds →32Service, security & medical robotsRobotics & Physical AI30 → 35 rounds · $523M raised +84% · largest Pudu Robotics 29%28 → 34+6 · +21%companies fundedSee the 35 rounds →33Industrial & logistics robotsRobotics & Physical AI59 → 67 rounds · $5.1B raised +322% · largest ATOMS 34%57 → 63+6 · +11%companies fundedSee the 67 rounds →34Multimodal, image & video modelsAI Models & Research13 → 19 rounds · $2.6B raised +167% · largest Luma AI 35%12 → 17+5 · +42%companies fundedSee the 19 rounds →35Enterprise AI platforms, governance & securityAI Infrastructure20 → 29 rounds · $217M raised +74% · largest Red Bear AI (红熊AI) 19%20 → 25+5 · +25%companies fundedSee the 29 rounds →36Drones & low-altitudeRobotics & Physical AI15 → 22 rounds · $2.6B raised +1098% · largest Zipline 81%15 → 19+4 · +27%companies fundedSee the 22 rounds →37Automotive & mobility servicesEnterprise & Vertical AI17 → 22 rounds · $273M raised -58% · largest Strutt 37%17 → 21+4 · +24%companies fundedSee the 22 rounds →38GPU cloudsAI Infrastructure22 → 30 rounds · $14.9B raised +224% · largest Crusoe 26%20 → 24+4 · +20%companies fundedSee the 30 rounds →39Image & video generationConsumer & Media AI31 → 36 rounds · $5.5B raised +628% · largest Kling AI 53%25 → 29+4 · +16%companies fundedSee the 36 rounds →40Developer infrastructureAI Developer Tools39 → 43 rounds · $1.1B raised +91% · largest Render 10%38 → 42+4 · +11%companies fundedSee the 43 rounds →41Data infrastructureAI Infrastructure58 → 60 rounds · $13.3B raised -1% · largest Databricks 75%53 → 57+4 · +8%companies fundedSee the 60 rounds →42Banking platformsFintech AI15 → 18 rounds · $495M raised +105% · largest Flex 26%14 → 17+3 · +21%companies fundedSee the 18 rounds →43New architectures & research labsAI Models & Research16 → 23 rounds · $2.6B raised +1562% · largest Mirendil 46%16 → 19+3 · +19%companies fundedSee the 23 rounds →44Payments & fraudFintech AI32 → 34 rounds · $561M raised -36% · largest Imprint 23%31 → 34+3 · +10%companies fundedSee the 34 rounds →45HR & recruitingAI Agents10 → 12 rounds · $304M raised +130% · largest Juicebox 26%10 → 12+2 · +20%companies fundedSee the 12 rounds →46Autonomous air systemsDefense & Public Safety AI15 → 17 rounds · $10.7B raised +230% · largest Anduril Industries 47%13 → 15+2 · +15%companies fundedSee the 17 rounds →47General-purpose foundation modelsAI Models & Research27 → 33 rounds · $292.8B raised +258% · largest OpenAI 46%19 → 21+2 · +11%companies fundedSee the 33 rounds →48Identity & accessCybersecurity AI21 → 23 rounds · $1.4B raised +175% · largest Saviynt 52%21 → 22+1 · +5%companies fundedSee the 23 rounds →49Finance & back officeAI Agents23 → 26 rounds · $444M raised +32% · largest Stuut 18%23 → 24+1 · +4%companies fundedSee the 26 rounds →50Autonomous vehiclesRobotics & Physical AI29 → 32 rounds · $20.1B raised +767% · largest Waymo 80%26 → 27+1 · +4%companies fundedSee the 32 rounds →51Security operations & incident responseCybersecurity AI45 → 44 rounds · $1.9B raised +26% · largest Dream Security 14%43 → 43+0 · 0%companies fundedSee the 44 rounds →52Music & audio generationConsumer & Media AI12 → 13 rounds · $746M raised +1048% · largest Suno 87%10 → 10+0 · 0%companies fundedSee the 13 rounds →53Perception & sensingRobotics & Physical AI32 → 27 rounds · $955M raised +94% · largest Open Cosmos 36%27 → 26-1 · -4%companies fundedSee the 27 rounds →54Financial crime, compliance & identityFintech AI26 → 26 rounds · $770M raised +69% · largest Quantifind 26%26 → 25-1 · -4%companies fundedSee the 26 rounds →55Coding agents & assistantsAI Developer Tools35 → 30 rounds · $3.9B raised -15% · largest Cognition 51%30 → 28-2 · -7%companies fundedSee the 30 rounds →56Medical robotics & devicesHealthcare & Life Sciences16 → 14 rounds · $44M raised +32% · largest Shanmu SHANMU 33%16 → 14-2 · -12%companies fundedSee the 14 rounds →57Lending & creditFintech AI63 → 60 rounds · $747M raised -21% · largest Valon 20%62 → 59-3 · -5%companies fundedSee the 60 rounds →58Testing & QAAI Developer Tools24 → 22 rounds · $776M raised +103% · largest Harness 26%23 → 20-3 · -13%companies fundedSee the 22 rounds →59Data & ML toolingAI Developer Tools23 → 20 rounds · $311M raised -12% · largest Firecrawl 24%22 → 19-3 · -14%companies fundedSee the 20 rounds →60Email, fraud & brand protectionCybersecurity AI22 → 18 rounds · $470M raised +13% · largest Guardio 26%20 → 17-3 · -15%companies fundedSee the 18 rounds →61Weather, Earth observation & geospatialIndustry AI16 → 15 rounds · $354M raised +366% · largest Tomorrow.io 59%16 → 13-3 · -19%companies fundedSee the 15 rounds →62Cloud cost & operationsAI Infrastructure13 → 10 rounds · $166M raised +205% · largest Mozark 24%13 → 10-3 · -23%companies fundedSee the 10 rounds →63Speech & audio modelsAI Models & Research13 → 10 rounds · $877M raised +97% · largest ElevenLabs 57%12 → 9-3 · -25%companies fundedSee the 10 rounds →64Wealth & investment managementFintech AI49 → 46 rounds · $1.3B raised +15% · largest Ridgeline 19%48 → 44-4 · -8%companies fundedSee the 46 rounds →65Shopping & lifestyleConsumer & Media AI33 → 29 rounds · $228M raised -23% · largest Phia 15%32 → 28-4 · -12%companies fundedSee the 29 rounds →66Government & public sectorEnterprise & Vertical AI30 → 23 rounds · $316M raised -12% · largest NoTraffic 29%27 → 23-4 · -15%companies fundedSee the 23 rounds →67AI app buildersAI Developer Tools28 → 27 rounds · $1.5B raised +42% · largest Lovable 47%27 → 23-4 · -15%companies fundedSee the 27 rounds →68Surveillance & physical securityDefense & Public Safety AI15 → 11 rounds · $711M raised +13% · largest Flock Safety 70%15 → 11-4 · -27%companies fundedSee the 11 rounds →69Field roboticsRobotics & Physical AI51 → 46 rounds · $623M raised +4% · largest ICON 32%49 → 44-5 · -10%companies fundedSee the 46 rounds →70Customer service & contact centerAI Agents45 → 37 rounds · $3B raised +108% · largest Sierra 31%40 → 35-5 · -12%companies fundedSee the 37 rounds →71Evaluation & observabilityAI Developer Tools35 → 33 rounds · $1.5B raised +80% · largest Arena 23%35 → 30-5 · -14%companies fundedSee the 33 rounds →72Clinical decision supportHealthcare & Life Sciences29 → 22 rounds · $487M raised -48% · largest OpenEvidence 51%27 → 22-5 · -19%companies fundedSee the 22 rounds →73Cloud & data securityCybersecurity AI23 → 21 rounds · $2.6B raised +97% · largest Cyera 54%22 → 17-5 · -23%companies fundedSee the 21 rounds →74Financial-services AI platforms & agentsFintech AI20 → 15 rounds · $174M raised +12% · largest Rowspace 29%20 → 15-5 · -25%companies fundedSee the 15 rounds →75Environment, waste & sustainabilityIndustry AI18 → 13 rounds · $122M raised +60% · largest Isometric 33%18 → 13-5 · -28%companies fundedSee the 13 rounds →76IT, security & operationsAI Agents27 → 23 rounds · $849M raised +69% · largest Serval 27%26 → 20-6 · -23%companies fundedSee the 23 rounds →77Application & code securityCybersecurity AI20 → 17 rounds · $480M raised -41% · largest depthfirst 25%20 → 14-6 · -30%companies fundedSee the 17 rounds →78Clinical documentationHealthcare & Life Sciences30 → 21 rounds · $785M raised -42% · largest Abridge 40%27 → 20-7 · -26%companies fundedSee the 21 rounds →79Precision medicine & genomicsHealthcare & Life Sciences27 → 17 rounds · $683M raised -17% · largest Verily 44%25 → 17-8 · -32%companies fundedSee the 17 rounds →80Network & endpointCybersecurity AI17 → 10 rounds · $1.2B raised +13% · largest Island 33%16 → 8-8 · -50%companies fundedSee the 10 rounds →81Hospitality & travelEnterprise & Vertical AI46 → 36 rounds · $577M raised -49% · largest Owner 42%45 → 36-9 · -20%companies fundedSee the 36 rounds →82Real estate & constructionEnterprise & Vertical AI76 → 66 rounds · $1.2B raised -8% · largest EliseAI 29%75 → 65-10 · -13%companies fundedSee the 66 rounds →83Learning & educationConsumer & Media AI39 → 28 rounds · $423M raised +117% · largest Preply 35%38 → 28-10 · -26%companies fundedSee the 28 rounds →84Health data & AI platformsHealthcare & Life Sciences26 → 13 rounds · $151M raised -63% · largest Biolevate 23%23 → 13-10 · -43%companies fundedSee the 13 rounds →85Revenue cycle & healthcare adminHealthcare & Life Sciences85 → 73 rounds · $1.7B raised +21% · largest Forus 9%81 → 70-11 · -14%companies fundedSee the 73 rounds →86Professional servicesEnterprise & Vertical AI60 → 50 rounds · $507M raised -21% · largest Modus 17%60 → 49-11 · -18%companies fundedSee the 50 rounds →87Creative tools & editingConsumer & Media AI40 → 29 rounds · $258M raised -13% · largest Shumei Wanwu (Math Magic) (数美万物) 19%40 → 29-11 · -28%companies fundedSee the 29 rounds →88Consumer health & wellnessHealthcare & Life Sciences36 → 25 rounds · $219M raised -83% · largest Nanit 23%34 → 23-11 · -32%companies fundedSee the 25 rounds →89ConstructionIndustry AI48 → 37 rounds · $879M raised +84% · largest Kahua 28%48 → 36-12 · -25%companies fundedSee the 37 rounds →90EducationEnterprise & Vertical AI45 → 32 rounds · $324M raised -46% · largest Multiverse 22%44 → 32-12 · -27%companies fundedSee the 32 rounds →91LegalEnterprise & Vertical AI96 → 78 rounds · $3.2B raised +17% · largest Legora 34%86 → 72-14 · -16%companies fundedSee the 78 rounds →92AgricultureIndustry AI48 → 33 rounds · $356M raised -21% · largest Orbem 18%47 → 33-14 · -30%companies fundedSee the 33 rounds →93Logistics & supply chainIndustry AI86 → 65 rounds · $2.2B raised +54% · largest ASI 15%82 → 64-18 · -22%companies fundedSee the 65 rounds →94Care delivery & patient engagementHealthcare & Life Sciences122 → 93 rounds · $2.5B raised +19% · largest Garner Health 9%115 → 92-23 · -20%companies fundedSee the 93 rounds →95Energy & utilitiesIndustry AI87 → 60 rounds · $981M raised -12% · largest Zanskar 12%83 → 59-24 · -29%companies fundedSee the 60 rounds →96Retail & e-commerceEnterprise & Vertical AI91 → 70 rounds · $842M raised +23% · largest ZyG 14%90 → 64-26 · -29%companies fundedSee the 70 rounds →97Medical imaging & diagnosticsHealthcare & Life Sciences92 → 54 rounds · $1.5B raised -20% · largest Neko Health 48%91 → 53-38 · -42%companies fundedSee the 54 rounds →98Marketing, media & advertisingEnterprise & Vertical AI187 → 116 rounds · $1.1B raised -42% · largest Profound 24%178 → 112-66 · -37%companies fundedSee the 116 rounds →99HorizontalEnterprise & Vertical AI472 → 282 rounds · $5.6B raised -24% · largest NinjaOne 7%449 → 270-179 · -40%companies fundedSee the 282 rounds →
01Power & cooling for AI data centersAI Infrastructure10 → 28 rounds · $1.4B raised +360% · largest Boom Supersonic 21%10 → 26+16 · +160%companies fundedSee the 28 rounds →02Intelligence & mission planningDefense & Public Safety AI10 → 27 rounds · $2.5B raised +190% · largest Helsing 73%10 → 25+15 · +150%companies fundedSee the 27 rounds →03Robot & world foundation modelsRobotics & Physical AI33 → 81 rounds · $6.4B raised +490% · largest Skild AI 22%24 → 57+33 · +138%companies fundedSee the 81 rounds →04Industrial operations, inspection & safetyIndustry AI13 → 27 rounds · $194M raised +147% · largest Whale 21%13 → 27+14 · +108%companies fundedSee the 27 rounds →05AI & agent securityCybersecurity AI18 → 39 rounds · $1.2B raised +321% · largest Onyx Security 12%18 → 36+18 · +100%companies fundedSee the 39 rounds →06Brain-computer interfaces & neurotechHealthcare & Life Sciences15 → 31 rounds · $911M raised -24% · largest Merge Labs 28%15 → 29+14 · +93%companies fundedSee the 31 rounds →07Home & consumer robotsRobotics & Physical AI18 → 33 rounds · $931M raised +180% · largest Morphi (墨奇智能) 30%14 → 27+13 · +93%companies fundedSee the 33 rounds →08Compute orchestration & GPU softwareAI Infrastructure12 → 21 rounds · $135M raised +100% · largest SkyPilot 15%12 → 21+9 · +75%companies fundedSee the 21 rounds →09Exposure & vulnerability managementCybersecurity AI12 → 21 rounds · $511M raised +97% · largest Zafran Security 12%12 → 21+9 · +75%companies fundedSee the 21 rounds →10Interconnect & memoryAI Hardware & Chips28 → 48 rounds · $5.3B raised +218% · largest Lumilens 13%26 → 43+17 · +65%companies fundedSee the 48 rounds →11Components, hands & sensorsRobotics & Physical AI32 → 57 rounds · $714M raised +289% · largest Linkerbot (灵心巧手) 30%25 → 41+16 · +64%companies fundedSee the 57 rounds →12Edge & on-device chipsAI Hardware & Chips22 → 42 rounds · $1.7B raised +222% · largest D-Robotics 39%21 → 34+13 · +62%companies fundedSee the 42 rounds →13Gaming & interactiveConsumer & Media AI19 → 28 rounds · $222M raised +81% · largest Yongyue Intelligent 23%18 → 28+10 · +56%companies fundedSee the 28 rounds →14Agent platforms & buildersAI Agents44 → 62 rounds · $1.3B raised +16% · largest HappyRobot 11%40 → 60+20 · +50%companies fundedSee the 62 rounds →15Robot software, data & simulationRobotics & Physical AI41 → 74 rounds · $1.5B raised +70% · largest Guanglun Intelligence 19%40 → 58+18 · +45%companies fundedSee the 74 rounds →16Clinical trials & research operationsHealthcare & Life Sciences20 → 29 rounds · $752M raised -16% · largest Pathos AI 32%20 → 29+9 · +45%companies fundedSee the 29 rounds →17Engineering design & simulationIndustry AI25 → 43 rounds · $19.7B raised +2677% · largest Prometheus 92%25 → 36+11 · +44%companies fundedSee the 43 rounds →18Drug discovery & protein designHealthcare & Life Sciences69 → 100 rounds · $6.2B raised +99% · largest Isomorphic Labs 34%65 → 93+28 · +43%companies fundedSee the 100 rounds →19Multimodal, image & video modelsAI Models & Research13 → 19 rounds · $2.6B raised +167% · largest Luma AI 35%12 → 17+5 · +42%companies fundedSee the 19 rounds →20Training data, labeling & evaluation dataAI Infrastructure25 → 33 rounds · $1.7B raised -89% · largest Mercor 44%22 → 31+9 · +41%companies fundedSee the 33 rounds →21Inference & model servingAI Infrastructure36 → 58 rounds · $10.6B raised +287% · largest Baseten 17%32 → 45+13 · +41%companies fundedSee the 58 rounds →22Data-center acceleratorsAI Hardware & Chips26 → 43 rounds · $12.2B raised +220% · largest Tenstorrent 12%23 → 32+9 · +39%companies fundedSee the 43 rounds →23Sales, marketing & GTMAI Agents50 → 67 rounds · $1.2B raised +66% · largest Hightouch 13%48 → 65+17 · +35%companies fundedSee the 67 rounds →24Agent infrastructureAI Agents26 → 38 rounds · $1.6B raised +132% · largest Temporal Technologies 52%26 → 35+9 · +35%companies fundedSee the 38 rounds →25Assistants & searchConsumer & Media AI30 → 39 rounds · $836M raised -15% · largest Wispr Flow 37%27 → 36+9 · +33%companies fundedSee the 39 rounds →26Materials & chemistryIndustry AI25 → 33 rounds · $1.1B raised +48% · largest CuspAI 42%24 → 32+8 · +33%companies fundedSee the 33 rounds →27Personal & computer-use assistantsAI Agents21 → 32 rounds · $2.6B raised +625% · largest Instinct 48%21 → 27+6 · +29%companies fundedSee the 32 rounds →28Drones & low-altitudeRobotics & Physical AI15 → 22 rounds · $2.6B raised +1098% · largest Zipline 81%15 → 19+4 · +27%companies fundedSee the 22 rounds →29Enterprise AI platforms, governance & securityAI Infrastructure20 → 29 rounds · $217M raised +74% · largest Red Bear AI (红熊AI) 19%20 → 25+5 · +25%companies fundedSee the 29 rounds →30Automotive & mobility servicesEnterprise & Vertical AI17 → 22 rounds · $273M raised -58% · largest Strutt 37%17 → 21+4 · +24%companies fundedSee the 22 rounds →31Humanoid & general-purpose robotsRobotics & Physical AI49 → 63 rounds · $3.9B raised +56% · largest Apptronik 13%36 → 44+8 · +22%companies fundedSee the 63 rounds →32Service, security & medical robotsRobotics & Physical AI30 → 35 rounds · $523M raised +84% · largest Pudu Robotics 29%28 → 34+6 · +21%companies fundedSee the 35 rounds →33Banking platformsFintech AI15 → 18 rounds · $495M raised +105% · largest Flex 26%14 → 17+3 · +21%companies fundedSee the 18 rounds →34Trading, research & capital marketsFintech AI39 → 48 rounds · $1.3B raised +102% · largest AlphaSense 27%38 → 46+8 · +21%companies fundedSee the 48 rounds →35GPU cloudsAI Infrastructure22 → 30 rounds · $14.9B raised +224% · largest Crusoe 26%20 → 24+4 · +20%companies fundedSee the 30 rounds →36HR & recruitingAI Agents10 → 12 rounds · $304M raised +130% · largest Juicebox 26%10 → 12+2 · +20%companies fundedSee the 12 rounds →37New architectures & research labsAI Models & Research16 → 23 rounds · $2.6B raised +1562% · largest Mirendil 46%16 → 19+3 · +19%companies fundedSee the 23 rounds →38Factory automation & industrial robotics softwareIndustry AI45 → 55 rounds · $2.5B raised +87% · largest Hadrian 54%45 → 53+8 · +18%companies fundedSee the 55 rounds →39Image & video generationConsumer & Media AI31 → 36 rounds · $5.5B raised +628% · largest Kling AI 53%25 → 29+4 · +16%companies fundedSee the 36 rounds →40InsuranceFintech AI55 → 62 rounds · $2.2B raised +171% · largest Corgi 17%51 → 59+8 · +16%companies fundedSee the 62 rounds →41Autonomous air systemsDefense & Public Safety AI15 → 17 rounds · $10.7B raised +230% · largest Anduril Industries 47%13 → 15+2 · +15%companies fundedSee the 17 rounds →42Accounting, spend & finance operationsFintech AI70 → 79 rounds · $4.6B raised +208% · largest Ramp 63%67 → 75+8 · +12%companies fundedSee the 79 rounds →43Industrial & logistics robotsRobotics & Physical AI59 → 67 rounds · $5.1B raised +322% · largest ATOMS 34%57 → 63+6 · +11%companies fundedSee the 67 rounds →44Developer infrastructureAI Developer Tools39 → 43 rounds · $1.1B raised +91% · largest Render 10%38 → 42+4 · +11%companies fundedSee the 43 rounds →45General-purpose foundation modelsAI Models & Research27 → 33 rounds · $292.8B raised +258% · largest OpenAI 46%19 → 21+2 · +11%companies fundedSee the 33 rounds →46Payments & fraudFintech AI32 → 34 rounds · $561M raised -36% · largest Imprint 23%31 → 34+3 · +10%companies fundedSee the 34 rounds →47Data infrastructureAI Infrastructure58 → 60 rounds · $13.3B raised -1% · largest Databricks 75%53 → 57+4 · +8%companies fundedSee the 60 rounds →48Identity & accessCybersecurity AI21 → 23 rounds · $1.4B raised +175% · largest Saviynt 52%21 → 22+1 · +5%companies fundedSee the 23 rounds →49Finance & back officeAI Agents23 → 26 rounds · $444M raised +32% · largest Stuut 18%23 → 24+1 · +4%companies fundedSee the 26 rounds →50Autonomous vehiclesRobotics & Physical AI29 → 32 rounds · $20.1B raised +767% · largest Waymo 80%26 → 27+1 · +4%companies fundedSee the 32 rounds →51Security operations & incident responseCybersecurity AI45 → 44 rounds · $1.9B raised +26% · largest Dream Security 14%43 → 43+0 · 0%companies fundedSee the 44 rounds →52Music & audio generationConsumer & Media AI12 → 13 rounds · $746M raised +1048% · largest Suno 87%10 → 10+0 · 0%companies fundedSee the 13 rounds →53Perception & sensingRobotics & Physical AI32 → 27 rounds · $955M raised +94% · largest Open Cosmos 36%27 → 26-1 · -4%companies fundedSee the 27 rounds →54Financial crime, compliance & identityFintech AI26 → 26 rounds · $770M raised +69% · largest Quantifind 26%26 → 25-1 · -4%companies fundedSee the 26 rounds →55Lending & creditFintech AI63 → 60 rounds · $747M raised -21% · largest Valon 20%62 → 59-3 · -5%companies fundedSee the 60 rounds →56Coding agents & assistantsAI Developer Tools35 → 30 rounds · $3.9B raised -15% · largest Cognition 51%30 → 28-2 · -7%companies fundedSee the 30 rounds →57Wealth & investment managementFintech AI49 → 46 rounds · $1.3B raised +15% · largest Ridgeline 19%48 → 44-4 · -8%companies fundedSee the 46 rounds →58Field roboticsRobotics & Physical AI51 → 46 rounds · $623M raised +4% · largest ICON 32%49 → 44-5 · -10%companies fundedSee the 46 rounds →59Medical robotics & devicesHealthcare & Life Sciences16 → 14 rounds · $44M raised +32% · largest Shanmu SHANMU 33%16 → 14-2 · -12%companies fundedSee the 14 rounds →60Shopping & lifestyleConsumer & Media AI33 → 29 rounds · $228M raised -23% · largest Phia 15%32 → 28-4 · -12%companies fundedSee the 29 rounds →61Customer service & contact centerAI Agents45 → 37 rounds · $3B raised +108% · largest Sierra 31%40 → 35-5 · -12%companies fundedSee the 37 rounds →62Testing & QAAI Developer Tools24 → 22 rounds · $776M raised +103% · largest Harness 26%23 → 20-3 · -13%companies fundedSee the 22 rounds →63Real estate & constructionEnterprise & Vertical AI76 → 66 rounds · $1.2B raised -8% · largest EliseAI 29%75 → 65-10 · -13%companies fundedSee the 66 rounds →64Revenue cycle & healthcare adminHealthcare & Life Sciences85 → 73 rounds · $1.7B raised +21% · largest Forus 9%81 → 70-11 · -14%companies fundedSee the 73 rounds →65Data & ML toolingAI Developer Tools23 → 20 rounds · $311M raised -12% · largest Firecrawl 24%22 → 19-3 · -14%companies fundedSee the 20 rounds →66Evaluation & observabilityAI Developer Tools35 → 33 rounds · $1.5B raised +80% · largest Arena 23%35 → 30-5 · -14%companies fundedSee the 33 rounds →67Government & public sectorEnterprise & Vertical AI30 → 23 rounds · $316M raised -12% · largest NoTraffic 29%27 → 23-4 · -15%companies fundedSee the 23 rounds →68AI app buildersAI Developer Tools28 → 27 rounds · $1.5B raised +42% · largest Lovable 47%27 → 23-4 · -15%companies fundedSee the 27 rounds →69Email, fraud & brand protectionCybersecurity AI22 → 18 rounds · $470M raised +13% · largest Guardio 26%20 → 17-3 · -15%companies fundedSee the 18 rounds →70LegalEnterprise & Vertical AI96 → 78 rounds · $3.2B raised +17% · largest Legora 34%86 → 72-14 · -16%companies fundedSee the 78 rounds →71Professional servicesEnterprise & Vertical AI60 → 50 rounds · $507M raised -21% · largest Modus 17%60 → 49-11 · -18%companies fundedSee the 50 rounds →72Clinical decision supportHealthcare & Life Sciences29 → 22 rounds · $487M raised -48% · largest OpenEvidence 51%27 → 22-5 · -19%companies fundedSee the 22 rounds →73Weather, Earth observation & geospatialIndustry AI16 → 15 rounds · $354M raised +366% · largest Tomorrow.io 59%16 → 13-3 · -19%companies fundedSee the 15 rounds →74Hospitality & travelEnterprise & Vertical AI46 → 36 rounds · $577M raised -49% · largest Owner 42%45 → 36-9 · -20%companies fundedSee the 36 rounds →75Care delivery & patient engagementHealthcare & Life Sciences122 → 93 rounds · $2.5B raised +19% · largest Garner Health 9%115 → 92-23 · -20%companies fundedSee the 93 rounds →76Logistics & supply chainIndustry AI86 → 65 rounds · $2.2B raised +54% · largest ASI 15%82 → 64-18 · -22%companies fundedSee the 65 rounds →77Cloud & data securityCybersecurity AI23 → 21 rounds · $2.6B raised +97% · largest Cyera 54%22 → 17-5 · -23%companies fundedSee the 21 rounds →78Cloud cost & operationsAI Infrastructure13 → 10 rounds · $166M raised +205% · largest Mozark 24%13 → 10-3 · -23%companies fundedSee the 10 rounds →79IT, security & operationsAI Agents27 → 23 rounds · $849M raised +69% · largest Serval 27%26 → 20-6 · -23%companies fundedSee the 23 rounds →80Speech & audio modelsAI Models & Research13 → 10 rounds · $877M raised +97% · largest ElevenLabs 57%12 → 9-3 · -25%companies fundedSee the 10 rounds →81Financial-services AI platforms & agentsFintech AI20 → 15 rounds · $174M raised +12% · largest Rowspace 29%20 → 15-5 · -25%companies fundedSee the 15 rounds →82ConstructionIndustry AI48 → 37 rounds · $879M raised +84% · largest Kahua 28%48 → 36-12 · -25%companies fundedSee the 37 rounds →83Clinical documentationHealthcare & Life Sciences30 → 21 rounds · $785M raised -42% · largest Abridge 40%27 → 20-7 · -26%companies fundedSee the 21 rounds →84Learning & educationConsumer & Media AI39 → 28 rounds · $423M raised +117% · largest Preply 35%38 → 28-10 · -26%companies fundedSee the 28 rounds →85Surveillance & physical securityDefense & Public Safety AI15 → 11 rounds · $711M raised +13% · largest Flock Safety 70%15 → 11-4 · -27%companies fundedSee the 11 rounds →86EducationEnterprise & Vertical AI45 → 32 rounds · $324M raised -46% · largest Multiverse 22%44 → 32-12 · -27%companies fundedSee the 32 rounds →87Creative tools & editingConsumer & Media AI40 → 29 rounds · $258M raised -13% · largest Shumei Wanwu (Math Magic) (数美万物) 19%40 → 29-11 · -28%companies fundedSee the 29 rounds →88Environment, waste & sustainabilityIndustry AI18 → 13 rounds · $122M raised +60% · largest Isometric 33%18 → 13-5 · -28%companies fundedSee the 13 rounds →89Retail & e-commerceEnterprise & Vertical AI91 → 70 rounds · $842M raised +23% · largest ZyG 14%90 → 64-26 · -29%companies fundedSee the 70 rounds →90Energy & utilitiesIndustry AI87 → 60 rounds · $981M raised -12% · largest Zanskar 12%83 → 59-24 · -29%companies fundedSee the 60 rounds →91AgricultureIndustry AI48 → 33 rounds · $356M raised -21% · largest Orbem 18%47 → 33-14 · -30%companies fundedSee the 33 rounds →92Application & code securityCybersecurity AI20 → 17 rounds · $480M raised -41% · largest depthfirst 25%20 → 14-6 · -30%companies fundedSee the 17 rounds →93Precision medicine & genomicsHealthcare & Life Sciences27 → 17 rounds · $683M raised -17% · largest Verily 44%25 → 17-8 · -32%companies fundedSee the 17 rounds →94Consumer health & wellnessHealthcare & Life Sciences36 → 25 rounds · $219M raised -83% · largest Nanit 23%34 → 23-11 · -32%companies fundedSee the 25 rounds →95Marketing, media & advertisingEnterprise & Vertical AI187 → 116 rounds · $1.1B raised -42% · largest Profound 24%178 → 112-66 · -37%companies fundedSee the 116 rounds →96HorizontalEnterprise & Vertical AI472 → 282 rounds · $5.6B raised -24% · largest NinjaOne 7%449 → 270-179 · -40%companies fundedSee the 282 rounds →97Medical imaging & diagnosticsHealthcare & Life Sciences92 → 54 rounds · $1.5B raised -20% · largest Neko Health 48%91 → 53-38 · -42%companies fundedSee the 54 rounds →98Health data & AI platformsHealthcare & Life Sciences26 → 13 rounds · $151M raised -63% · largest Biolevate 23%23 → 13-10 · -43%companies fundedSee the 13 rounds →99Network & endpointCybersecurity AI17 → 10 rounds · $1.2B raised +13% · largest Island 33%16 → 8-8 · -50%companies fundedSee the 10 rounds →
01Brain-computer interfaces & neurotechHealthcare & Life Sciences5 → 26 rounds · $600M raised +93% · largest Precision Neuroscience 42%5 → 25+20 · +400%companies fundedOpen the sub-sector →02Robot software, data & simulationRobotics & Physical AI30 → 44 rounds · $807M raised +20% · largest ELU.AI 18%26 → 40+14 · +54%companies fundedOpen the sub-sector →03Robot & world foundation modelsRobotics & Physical AI35 → 46 rounds · $1.9B raised -59% · largest Generalist AI 32%28 → 41+13 · +46%companies fundedOpen the sub-sector →04Clinical trials & research operationsHealthcare & Life Sciences9 → 20 rounds · $488M raised +85% · largest Pathos AI 49%9 → 20+11 · +122%companies fundedOpen the sub-sector →05Training data, labeling & evaluation dataAI Infrastructure11 → 22 rounds · $1.5B raised +539% · largest Mercor 51%11 → 21+10 · +91%companies fundedOpen the sub-sector →06Evaluation & observabilityAI Developer Tools12 → 21 rounds · $1.1B raised +166% · largest LangChain 27%12 → 21+9 · +75%companies fundedOpen the sub-sector →07Interconnect & memoryAI Hardware & Chips20 → 28 rounds · $2.9B raised +28% · largest Lumilens 24%19 → 28+9 · +47%companies fundedOpen the sub-sector →08Banking platformsFintech AI5 → 13 rounds · $316M raised +76% · largest Flex 22%5 → 13+8 · +160%companies fundedOpen the sub-sector →09Research & knowledge workAI Agents6 → 15 rounds · $76M raised -53% · largest Twin1 AI 33%6 → 14+8 · +133%companies fundedOpen the sub-sector →10World models & spatial intelligenceAI Models & Research6 → 16 rounds · $1.8B raised -14% · largest VAST 35%6 → 14+8 · +133%companies fundedOpen the sub-sector →11Perception & sensingRobotics & Physical AI9 → 18 rounds · $817M raised +489% · largest Open Cosmos 42%9 → 17+8 · +89%companies fundedOpen the sub-sector →12GPU cloudsAI Infrastructure11 → 19 rounds · $10.2B raised +114% · largest Crusoe 38%10 → 18+8 · +80%companies fundedOpen the sub-sector →13Components, hands & sensorsRobotics & Physical AI27 → 30 rounds · $368M raised +6% · largest PaXini Tech 40%20 → 28+8 · +40%companies fundedOpen the sub-sector →14Sales, marketing & GTMAI Agents30 → 37 rounds · $736M raised +70% · largest Clay 16%30 → 37+7 · +23%companies fundedOpen the sub-sector →15New architectures & research labsAI Models & Research7 → 16 rounds · $1.8B raised +137% · largest Mirendil 65%7 → 13+6 · +86%companies fundedOpen the sub-sector →16Devices & wearablesConsumer & Media AI11 → 17 rounds · $243M raised +140% · largest Even Realities 62%11 → 16+5 · +45%companies fundedOpen the sub-sector →17Shopping & lifestyleConsumer & Media AI12 → 17 rounds · $93M raised -31% · largest Bidbus 16%12 → 17+5 · +42%companies fundedOpen the sub-sector →18AI & agent securityCybersecurity AI17 → 22 rounds · $978M raised +280% · largest Zenity 13%17 → 22+5 · +29%companies fundedOpen the sub-sector →19InsuranceFintech AI29 → 33 rounds · $1B raised -13% · largest Ledgebrook 20%28 → 33+5 · +18%companies fundedOpen the sub-sector →20AI servers & systemsAI Hardware & Chips5 → 9 rounds · $437M raised +125% · largest Moffett AI 34%4 → 8+4 · +100%companies fundedOpen the sub-sector →21EducationEnterprise & Vertical AI14 → 18 rounds · $224M raised +125% · largest Multiverse 31%14 → 18+4 · +29%companies fundedOpen the sub-sector →22Agent infrastructureAI Agents17 → 21 rounds · $1.1B raised +100% · largest Temporal Technologies 50%17 → 21+4 · +24%companies fundedOpen the sub-sector →23Industrial & logistics robotsRobotics & Physical AI32 → 35 rounds · $3.6B raised +142% · largest ATOMS 47%31 → 35+4 · +13%companies fundedOpen the sub-sector →24Scientific & biological modelsAI Models & Research5 → 8 rounds · $325M raised -7% · largest Dulo 40%5 → 8+3 · +60%companies fundedOpen the sub-sector →25Compute orchestration & GPU softwareAI Infrastructure9 → 12 rounds · $87M raised +82% · largest SkyPilot 23%9 → 12+3 · +33%companies fundedOpen the sub-sector →26Consumer health & wellnessHealthcare & Life Sciences11 → 14 rounds · $103M raised -11% · largest Signos 19%11 → 14+3 · +27%companies fundedOpen the sub-sector →27AgricultureIndustry AI15 → 18 rounds · $141M raised -34% · largest Hippo Harvest 21%15 → 18+3 · +20%companies fundedOpen the sub-sector →28AI for chip design (EDA)AI Hardware & Chips6 → 7 rounds · $163M raised -67% · largest ChipAgents 37%5 → 7+2 · +40%companies fundedOpen the sub-sector →29Mining & resourcesIndustry AI5 → 7 rounds · $411M raised +1544% · largest Mariana Minerals 75%5 → 7+2 · +40%companies fundedOpen the sub-sector →30Life-science research toolsHealthcare & Life Sciences7 → 9 rounds · $115M raised +6% · largest Ramona Optics 22%7 → 9+2 · +29%companies fundedOpen the sub-sector →31Multimodal, image & video modelsAI Models & Research8 → 11 rounds · $877M raised -48% · largest HiDream.ai 25%8 → 10+2 · +25%companies fundedOpen the sub-sector →32Drones & low-altitudeRobotics & Physical AI10 → 12 rounds · $1.6B raised +69% · largest Zipline 93%10 → 12+2 · +20%companies fundedOpen the sub-sector →33Payments & fraudFintech AI16 → 18 rounds · $432M raised +235% · largest Imprint 30%16 → 18+2 · +12%companies fundedOpen the sub-sector →34Inference & model servingAI Infrastructure25 → 33 rounds · $9.1B raised +509% · largest Fireworks AI 17%24 → 26+2 · +8%companies fundedOpen the sub-sector →35Financial-services AI platforms & agentsFintech AI7 → 8 rounds · $58M raised -51% · largest Luminary 38%7 → 8+1 · +14%companies fundedOpen the sub-sector →36Identity & accessCybersecurity AI11 → 12 rounds · $346M raised -66% · largest NewCore 19%11 → 12+1 · +9%companies fundedOpen the sub-sector →37General-purpose foundation modelsAI Models & Research18 → 15 rounds · $112.7B raised -37% · largest Anthropic 58%12 → 13+1 · +8%companies fundedOpen the sub-sector →38Enterprise AI platforms, governance & securityAI Infrastructure14 → 15 rounds · $89M raised -30% · largest Outerlimit 18%13 → 14+1 · +8%companies fundedOpen the sub-sector →39Engineering design & simulationIndustry AI22 → 21 rounds · $13B raised +92% · largest Prometheus 93%20 → 21+1 · +5%companies fundedOpen the sub-sector →40Humanoid & general-purpose robotsRobotics & Physical AI34 → 29 rounds · $1.2B raised -55% · largest LimX Dynamics 16%27 → 28+1 · +4%companies fundedOpen the sub-sector →41Lending & creditFintech AI30 → 30 rounds · $537M raised +156% · largest Valon 28%29 → 30+1 · +3%companies fundedOpen the sub-sector →42Factory automation & industrial robotics softwareIndustry AI28 → 27 rounds · $2.1B raised +424% · largest Hadrian 64%27 → 27+0 · 0%companies fundedOpen the sub-sector →43Weather, Earth observation & geospatialIndustry AI7 → 8 rounds · $167M raised -11% · largest Puxing Aerospace (谱星航天) 53%7 → 7+0 · 0%companies fundedOpen the sub-sector →44Offensive security & pentestingCybersecurity AI10 → 10 rounds · $700M raised +56% · largest Armadin 36%9 → 9+0 · 0%companies fundedOpen the sub-sector →45Companions & charactersConsumer & Media AI8 → 8 rounds · $112M raised +237% · largest Eloelo 72%8 → 8+0 · 0%companies fundedOpen the sub-sector →46IT, security & operationsAI Agents12 → 11 rounds · $490M raised +37% · largest Serval 31%11 → 11+0 · 0%companies fundedOpen the sub-sector →47Wealth & investment managementFintech AI23 → 23 rounds · $906M raised +109% · largest Ridgeline 28%23 → 23+0 · 0%companies fundedOpen the sub-sector →48Personal & computer-use assistantsAI Agents16 → 16 rounds · $2.2B raised +438% · largest Instinct 57%15 → 14-1 · -7%companies fundedOpen the sub-sector →49Exposure & vulnerability managementCybersecurity AI11 → 10 rounds · $223M raised -22% · largest Reach Security 22%11 → 10-1 · -9%companies fundedOpen the sub-sector →50Clinical documentationHealthcare & Life Sciences11 → 10 rounds · $661M raised +432% · largest Abridge 48%11 → 10-1 · -9%companies fundedOpen the sub-sector →51Cloud & data securityCybersecurity AI11 → 10 rounds · $1.7B raised +102% · largest Cyera 58%10 → 9-1 · -10%companies fundedOpen the sub-sector →52Chip manufacturing & materialsAI Hardware & Chips6 → 5 rounds · $237M raised +95% · largest Xin'ai Technology (芯爱科技) 95%6 → 5-1 · -17%companies fundedOpen the sub-sector →53Surveillance & physical securityDefense & Public Safety AI6 → 5 rounds · $647M raised +916% · largest Flock Safety 77%6 → 5-1 · -17%companies fundedOpen the sub-sector →54Agent platforms & buildersAI Agents32 → 30 rounds · $837M raised +67% · largest HappyRobot 18%32 → 30-2 · -6%companies fundedOpen the sub-sector →55Assistants & searchConsumer & Media AI20 → 19 rounds · $719M raised +519% · largest Wispr Flow 39%20 → 18-2 · -10%companies fundedOpen the sub-sector →56Gaming & interactiveConsumer & Media AI15 → 13 rounds · $69M raised -54% · largest Board 29%15 → 13-2 · -13%companies fundedOpen the sub-sector →57Clinical decision supportHealthcare & Life Sciences12 → 10 rounds · $181M raised -41% · largest xCures 25%12 → 10-2 · -17%companies fundedOpen the sub-sector →58Testing & QAAI Developer Tools11 → 11 rounds · $378M raised -5% · largest CodeRabbit 38%11 → 9-2 · -18%companies fundedOpen the sub-sector →59Autonomy retrofits for existing machinesRobotics & Physical AI10 → 8 rounds · $922M raised +110% · largest Bedrock Robotics 65%10 → 8-2 · -20%companies fundedOpen the sub-sector →60Email, fraud & brand protectionCybersecurity AI10 → 8 rounds · $118M raised -67% · largest Guardio 34%10 → 8-2 · -20%companies fundedOpen the sub-sector →61HR & recruitingAI Agents7 → 5 rounds · $120M raised -35% · largest Metaview 50%7 → 5-2 · -29%companies fundedOpen the sub-sector →62Data infrastructureAI Infrastructure31 → 29 rounds · $6.2B raised -14% · largest Databricks 81%31 → 28-3 · -10%companies fundedOpen the sub-sector →63ConstructionIndustry AI20 → 17 rounds · $688M raised +262% · largest Kahua 36%20 → 17-3 · -15%companies fundedOpen the sub-sector →64Creative tools & editingConsumer & Media AI16 → 13 rounds · $177M raised +119% · largest Shumei Wanwu (Math Magic) (数美万物) 28%16 → 13-3 · -19%companies fundedOpen the sub-sector →65Coding agents & assistantsAI Developer Tools16 → 14 rounds · $3.4B raised +525% · largest Cognition 59%16 → 13-3 · -19%companies fundedOpen the sub-sector →66Industrial operations, inspection & safetyIndustry AI15 → 12 rounds · $125M raised +82% · largest Whale 32%15 → 12-3 · -20%companies fundedOpen the sub-sector →67Precision medicine & genomicsHealthcare & Life Sciences10 → 7 rounds · $68M raised -89% · largest Evvy 59%10 → 7-3 · -30%companies fundedOpen the sub-sector →68Enterprise & domain modelsAI Models & Research7 → 5 rounds · $1B raised +11% · largest TypeSafe AI 90%7 → 4-3 · -43%companies fundedOpen the sub-sector →69Drug discovery & protein designHealthcare & Life Sciences52 → 48 rounds · $2.4B raised -38% · largest NewLimit 18%51 → 47-4 · -8%companies fundedOpen the sub-sector →70Medical imaging & diagnosticsHealthcare & Life Sciences29 → 25 rounds · $835M raised +33% · largest Neko Health 84%29 → 25-4 · -14%companies fundedOpen the sub-sector →71Field roboticsRobotics & Physical AI25 → 21 rounds · $392M raised +70% · largest ICON 51%25 → 21-4 · -16%companies fundedOpen the sub-sector →72Image & video generationConsumer & Media AI20 → 16 rounds · $4.6B raised +395% · largest Kling AI 64%19 → 15-4 · -21%companies fundedOpen the sub-sector →73Learning & educationConsumer & Media AI16 → 12 rounds · $163M raised -37% · largest LearnVector 61%16 → 12-4 · -25%companies fundedOpen the sub-sector →74Power & cooling for AI data centersAI Infrastructure16 → 12 rounds · $582M raised -32% · largest Emerald AI 26%16 → 12-4 · -25%companies fundedOpen the sub-sector →75AI app buildersAI Developer Tools16 → 11 rounds · $621M raised -32% · largest Lovable 64%15 → 11-4 · -27%companies fundedOpen the sub-sector →76Automotive & mobility servicesEnterprise & Vertical AI13 → 9 rounds · $167M raised +56% · largest Strutt 60%13 → 9-4 · -31%companies fundedOpen the sub-sector →77Service, security & medical robotsRobotics & Physical AI20 → 15 rounds · $151M raised -59% · largest Mosaic Intelligence Labs 31%20 → 15-5 · -25%companies fundedOpen the sub-sector →78Materials & chemistryIndustry AI19 → 14 rounds · $628M raised +45% · largest CuspAI 72%19 → 14-5 · -26%companies fundedOpen the sub-sector →79Autonomous air systemsDefense & Public Safety AI11 → 6 rounds · $3.6B raised -49% · largest Quantum Systems 33%11 → 6-5 · -45%companies fundedOpen the sub-sector →80Application & code securityCybersecurity AI12 → 5 rounds · $132M raised -62% · largest Socket 45%10 → 5-5 · -50%companies fundedOpen the sub-sector →81Trading, research & capital marketsFintech AI27 → 21 rounds · $708M raised +25% · largest AlphaSense 49%27 → 21-6 · -22%companies fundedOpen the sub-sector →82Edge & on-device chipsAI Hardware & Chips24 → 18 rounds · $1.1B raised +64% · largest D-Robotics 38%22 → 16-6 · -27%companies fundedOpen the sub-sector →83Customer service & contact centerAI Agents21 → 16 rounds · $990M raised -52% · largest Wonderful 56%21 → 15-6 · -29%companies fundedOpen the sub-sector →84Finance & back officeAI Agents16 → 10 rounds · $247M raised +26% · largest Stuut 21%16 → 10-6 · -38%companies fundedOpen the sub-sector →85Financial crime, compliance & identityFintech AI16 → 10 rounds · $461M raised +49% · largest Quantifind 43%16 → 10-6 · -38%companies fundedOpen the sub-sector →86Data & ML toolingAI Developer Tools13 → 7 rounds · $227M raised +171% · largest Firecrawl 33%13 → 7-6 · -46%companies fundedOpen the sub-sector →87Care delivery & patient engagementHealthcare & Life Sciences50 → 43 rounds · $1B raised -31% · largest General Medicine 12%50 → 43-7 · -14%companies fundedOpen the sub-sector →88Logistics & supply chainIndustry AI36 → 29 rounds · $1.4B raised +61% · largest ASI 24%36 → 29-7 · -19%companies fundedOpen the sub-sector →89Home & consumer robotsRobotics & Physical AI21 → 12 rounds · $432M raised -13% · largest Future Not Far (Futuring Robot) (未来不远) 34%19 → 12-7 · -37%companies fundedOpen the sub-sector →90Intelligence & mission planningDefense & Public Safety AI17 → 10 rounds · $2B raised +351% · largest Helsing 89%17 → 10-7 · -41%companies fundedOpen the sub-sector →91Hospitality & travelEnterprise & Vertical AI22 → 14 rounds · $299M raised +8% · largest Owner 80%22 → 14-8 · -36%companies fundedOpen the sub-sector →92Professional servicesEnterprise & Vertical AI29 → 21 rounds · $139M raised -62% · largest Multiplier 25%29 → 20-9 · -31%companies fundedOpen the sub-sector →93Data-center acceleratorsAI Hardware & Chips25 → 18 rounds · $6.8B raised +27% · largest Tenstorrent 22%25 → 16-9 · -36%companies fundedOpen the sub-sector →94Energy & utilitiesIndustry AI35 → 25 rounds · $205M raised -74% · largest Utilidata 19%35 → 25-10 · -29%companies fundedOpen the sub-sector →95Autonomous vehiclesRobotics & Physical AI22 → 10 rounds · $807M raised -96% · largest Harbinger 30%20 → 10-10 · -50%companies fundedOpen the sub-sector →96Developer infrastructureAI Developer Tools28 → 15 rounds · $276M raised -64% · largest Daytona 22%28 → 15-13 · -46%companies fundedOpen the sub-sector →97Government & public sectorEnterprise & Vertical AI18 → 5 rounds · $53M raised -80% · largest Garage 78%18 → 5-13 · -72%companies fundedOpen the sub-sector →98Revenue cycle & healthcare adminHealthcare & Life Sciences44 → 29 rounds · $880M raised +8% · largest Forus 17%43 → 29-14 · -33%companies fundedOpen the sub-sector →99LegalEnterprise & Vertical AI46 → 32 rounds · $1.6B raised -5% · largest Legora 35%45 → 30-15 · -33%companies fundedOpen the sub-sector →100Retail & e-commerceEnterprise & Vertical AI43 → 27 rounds · $282M raised -50% · largest Confido 20%42 → 27-15 · -36%companies fundedOpen the sub-sector →101Security operations & incident responseCybersecurity AI30 → 14 rounds · $583M raised -54% · largest Dream Security 45%30 → 14-16 · -53%companies fundedOpen the sub-sector →102Real estate & constructionEnterprise & Vertical AI43 → 23 rounds · $660M raised +18% · largest EliseAI 53%43 → 23-20 · -47%companies fundedOpen the sub-sector →103Accounting, spend & finance operationsFintech AI52 → 27 rounds · $3.3B raised +142% · largest Ramp 80%52 → 25-27 · -52%companies fundedOpen the sub-sector →104Marketing, media & advertisingEnterprise & Vertical AI74 → 42 rounds · $484M raised -26% · largest Profound 37%74 → 42-32 · -43%companies fundedOpen the sub-sector →105HorizontalEnterprise & Vertical AI184 → 98 rounds · $3B raised +11% · largest NinjaOne 14%182 → 95-87 · -48%companies fundedOpen the sub-sector →
01Brain-computer interfaces & neurotechHealthcare & Life Sciences5 → 26 rounds · $600M raised +93% · largest Precision Neuroscience 42%5 → 25+20 · +400%companies fundedOpen the sub-sector →02Banking platformsFintech AI5 → 13 rounds · $316M raised +76% · largest Flex 22%5 → 13+8 · +160%companies fundedOpen the sub-sector →03Research & knowledge workAI Agents6 → 15 rounds · $76M raised -53% · largest Twin1 AI 33%6 → 14+8 · +133%companies fundedOpen the sub-sector →04World models & spatial intelligenceAI Models & Research6 → 16 rounds · $1.8B raised -14% · largest VAST 35%6 → 14+8 · +133%companies fundedOpen the sub-sector →05Clinical trials & research operationsHealthcare & Life Sciences9 → 20 rounds · $488M raised +85% · largest Pathos AI 49%9 → 20+11 · +122%companies fundedOpen the sub-sector →06AI servers & systemsAI Hardware & Chips5 → 9 rounds · $437M raised +125% · largest Moffett AI 34%4 → 8+4 · +100%companies fundedOpen the sub-sector →07Training data, labeling & evaluation dataAI Infrastructure11 → 22 rounds · $1.5B raised +539% · largest Mercor 51%11 → 21+10 · +91%companies fundedOpen the sub-sector →08Perception & sensingRobotics & Physical AI9 → 18 rounds · $817M raised +489% · largest Open Cosmos 42%9 → 17+8 · +89%companies fundedOpen the sub-sector →09New architectures & research labsAI Models & Research7 → 16 rounds · $1.8B raised +137% · largest Mirendil 65%7 → 13+6 · +86%companies fundedOpen the sub-sector →10GPU cloudsAI Infrastructure11 → 19 rounds · $10.2B raised +114% · largest Crusoe 38%10 → 18+8 · +80%companies fundedOpen the sub-sector →11Evaluation & observabilityAI Developer Tools12 → 21 rounds · $1.1B raised +166% · largest LangChain 27%12 → 21+9 · +75%companies fundedOpen the sub-sector →12Scientific & biological modelsAI Models & Research5 → 8 rounds · $325M raised -7% · largest Dulo 40%5 → 8+3 · +60%companies fundedOpen the sub-sector →13Robot software, data & simulationRobotics & Physical AI30 → 44 rounds · $807M raised +20% · largest ELU.AI 18%26 → 40+14 · +54%companies fundedOpen the sub-sector →14Interconnect & memoryAI Hardware & Chips20 → 28 rounds · $2.9B raised +28% · largest Lumilens 24%19 → 28+9 · +47%companies fundedOpen the sub-sector →15Robot & world foundation modelsRobotics & Physical AI35 → 46 rounds · $1.9B raised -59% · largest Generalist AI 32%28 → 41+13 · +46%companies fundedOpen the sub-sector →16Devices & wearablesConsumer & Media AI11 → 17 rounds · $243M raised +140% · largest Even Realities 62%11 → 16+5 · +45%companies fundedOpen the sub-sector →17Shopping & lifestyleConsumer & Media AI12 → 17 rounds · $93M raised -31% · largest Bidbus 16%12 → 17+5 · +42%companies fundedOpen the sub-sector →18Components, hands & sensorsRobotics & Physical AI27 → 30 rounds · $368M raised +6% · largest PaXini Tech 40%20 → 28+8 · +40%companies fundedOpen the sub-sector →19AI for chip design (EDA)AI Hardware & Chips6 → 7 rounds · $163M raised -67% · largest ChipAgents 37%5 → 7+2 · +40%companies fundedOpen the sub-sector →20Mining & resourcesIndustry AI5 → 7 rounds · $411M raised +1544% · largest Mariana Minerals 75%5 → 7+2 · +40%companies fundedOpen the sub-sector →21Compute orchestration & GPU softwareAI Infrastructure9 → 12 rounds · $87M raised +82% · largest SkyPilot 23%9 → 12+3 · +33%companies fundedOpen the sub-sector →22AI & agent securityCybersecurity AI17 → 22 rounds · $978M raised +280% · largest Zenity 13%17 → 22+5 · +29%companies fundedOpen the sub-sector →23EducationEnterprise & Vertical AI14 → 18 rounds · $224M raised +125% · largest Multiverse 31%14 → 18+4 · +29%companies fundedOpen the sub-sector →24Life-science research toolsHealthcare & Life Sciences7 → 9 rounds · $115M raised +6% · largest Ramona Optics 22%7 → 9+2 · +29%companies fundedOpen the sub-sector →25Consumer health & wellnessHealthcare & Life Sciences11 → 14 rounds · $103M raised -11% · largest Signos 19%11 → 14+3 · +27%companies fundedOpen the sub-sector →26Multimodal, image & video modelsAI Models & Research8 → 11 rounds · $877M raised -48% · largest HiDream.ai 25%8 → 10+2 · +25%companies fundedOpen the sub-sector →27Agent infrastructureAI Agents17 → 21 rounds · $1.1B raised +100% · largest Temporal Technologies 50%17 → 21+4 · +24%companies fundedOpen the sub-sector →28Sales, marketing & GTMAI Agents30 → 37 rounds · $736M raised +70% · largest Clay 16%30 → 37+7 · +23%companies fundedOpen the sub-sector →29AgricultureIndustry AI15 → 18 rounds · $141M raised -34% · largest Hippo Harvest 21%15 → 18+3 · +20%companies fundedOpen the sub-sector →30Drones & low-altitudeRobotics & Physical AI10 → 12 rounds · $1.6B raised +69% · largest Zipline 93%10 → 12+2 · +20%companies fundedOpen the sub-sector →31InsuranceFintech AI29 → 33 rounds · $1B raised -13% · largest Ledgebrook 20%28 → 33+5 · +18%companies fundedOpen the sub-sector →32Financial-services AI platforms & agentsFintech AI7 → 8 rounds · $58M raised -51% · largest Luminary 38%7 → 8+1 · +14%companies fundedOpen the sub-sector →33Industrial & logistics robotsRobotics & Physical AI32 → 35 rounds · $3.6B raised +142% · largest ATOMS 47%31 → 35+4 · +13%companies fundedOpen the sub-sector →34Payments & fraudFintech AI16 → 18 rounds · $432M raised +235% · largest Imprint 30%16 → 18+2 · +12%companies fundedOpen the sub-sector →35Identity & accessCybersecurity AI11 → 12 rounds · $346M raised -66% · largest NewCore 19%11 → 12+1 · +9%companies fundedOpen the sub-sector →36Inference & model servingAI Infrastructure25 → 33 rounds · $9.1B raised +509% · largest Fireworks AI 17%24 → 26+2 · +8%companies fundedOpen the sub-sector →37General-purpose foundation modelsAI Models & Research18 → 15 rounds · $112.7B raised -37% · largest Anthropic 58%12 → 13+1 · +8%companies fundedOpen the sub-sector →38Enterprise AI platforms, governance & securityAI Infrastructure14 → 15 rounds · $89M raised -30% · largest Outerlimit 18%13 → 14+1 · +8%companies fundedOpen the sub-sector →39Engineering design & simulationIndustry AI22 → 21 rounds · $13B raised +92% · largest Prometheus 93%20 → 21+1 · +5%companies fundedOpen the sub-sector →40Humanoid & general-purpose robotsRobotics & Physical AI34 → 29 rounds · $1.2B raised -55% · largest LimX Dynamics 16%27 → 28+1 · +4%companies fundedOpen the sub-sector →41Lending & creditFintech AI30 → 30 rounds · $537M raised +156% · largest Valon 28%29 → 30+1 · +3%companies fundedOpen the sub-sector →42Factory automation & industrial robotics softwareIndustry AI28 → 27 rounds · $2.1B raised +424% · largest Hadrian 64%27 → 27+0 · 0%companies fundedOpen the sub-sector →43Weather, Earth observation & geospatialIndustry AI7 → 8 rounds · $167M raised -11% · largest Puxing Aerospace (谱星航天) 53%7 → 7+0 · 0%companies fundedOpen the sub-sector →44Offensive security & pentestingCybersecurity AI10 → 10 rounds · $700M raised +56% · largest Armadin 36%9 → 9+0 · 0%companies fundedOpen the sub-sector →45Companions & charactersConsumer & Media AI8 → 8 rounds · $112M raised +237% · largest Eloelo 72%8 → 8+0 · 0%companies fundedOpen the sub-sector →46IT, security & operationsAI Agents12 → 11 rounds · $490M raised +37% · largest Serval 31%11 → 11+0 · 0%companies fundedOpen the sub-sector →47Wealth & investment managementFintech AI23 → 23 rounds · $906M raised +109% · largest Ridgeline 28%23 → 23+0 · 0%companies fundedOpen the sub-sector →48Agent platforms & buildersAI Agents32 → 30 rounds · $837M raised +67% · largest HappyRobot 18%32 → 30-2 · -6%companies fundedOpen the sub-sector →49Personal & computer-use assistantsAI Agents16 → 16 rounds · $2.2B raised +438% · largest Instinct 57%15 → 14-1 · -7%companies fundedOpen the sub-sector →50Drug discovery & protein designHealthcare & Life Sciences52 → 48 rounds · $2.4B raised -38% · largest NewLimit 18%51 → 47-4 · -8%companies fundedOpen the sub-sector →51Exposure & vulnerability managementCybersecurity AI11 → 10 rounds · $223M raised -22% · largest Reach Security 22%11 → 10-1 · -9%companies fundedOpen the sub-sector →52Clinical documentationHealthcare & Life Sciences11 → 10 rounds · $661M raised +432% · largest Abridge 48%11 → 10-1 · -9%companies fundedOpen the sub-sector →53Data infrastructureAI Infrastructure31 → 29 rounds · $6.2B raised -14% · largest Databricks 81%31 → 28-3 · -10%companies fundedOpen the sub-sector →54Cloud & data securityCybersecurity AI11 → 10 rounds · $1.7B raised +102% · largest Cyera 58%10 → 9-1 · -10%companies fundedOpen the sub-sector →55Assistants & searchConsumer & Media AI20 → 19 rounds · $719M raised +519% · largest Wispr Flow 39%20 → 18-2 · -10%companies fundedOpen the sub-sector →56Gaming & interactiveConsumer & Media AI15 → 13 rounds · $69M raised -54% · largest Board 29%15 → 13-2 · -13%companies fundedOpen the sub-sector →57Medical imaging & diagnosticsHealthcare & Life Sciences29 → 25 rounds · $835M raised +33% · largest Neko Health 84%29 → 25-4 · -14%companies fundedOpen the sub-sector →58Care delivery & patient engagementHealthcare & Life Sciences50 → 43 rounds · $1B raised -31% · largest General Medicine 12%50 → 43-7 · -14%companies fundedOpen the sub-sector →59ConstructionIndustry AI20 → 17 rounds · $688M raised +262% · largest Kahua 36%20 → 17-3 · -15%companies fundedOpen the sub-sector →60Field roboticsRobotics & Physical AI25 → 21 rounds · $392M raised +70% · largest ICON 51%25 → 21-4 · -16%companies fundedOpen the sub-sector →61Chip manufacturing & materialsAI Hardware & Chips6 → 5 rounds · $237M raised +95% · largest Xin'ai Technology (芯爱科技) 95%6 → 5-1 · -17%companies fundedOpen the sub-sector →62Surveillance & physical securityDefense & Public Safety AI6 → 5 rounds · $647M raised +916% · largest Flock Safety 77%6 → 5-1 · -17%companies fundedOpen the sub-sector →63Clinical decision supportHealthcare & Life Sciences12 → 10 rounds · $181M raised -41% · largest xCures 25%12 → 10-2 · -17%companies fundedOpen the sub-sector →64Testing & QAAI Developer Tools11 → 11 rounds · $378M raised -5% · largest CodeRabbit 38%11 → 9-2 · -18%companies fundedOpen the sub-sector →65Creative tools & editingConsumer & Media AI16 → 13 rounds · $177M raised +119% · largest Shumei Wanwu (Math Magic) (数美万物) 28%16 → 13-3 · -19%companies fundedOpen the sub-sector →66Coding agents & assistantsAI Developer Tools16 → 14 rounds · $3.4B raised +525% · largest Cognition 59%16 → 13-3 · -19%companies fundedOpen the sub-sector →67Logistics & supply chainIndustry AI36 → 29 rounds · $1.4B raised +61% · largest ASI 24%36 → 29-7 · -19%companies fundedOpen the sub-sector →68Autonomy retrofits for existing machinesRobotics & Physical AI10 → 8 rounds · $922M raised +110% · largest Bedrock Robotics 65%10 → 8-2 · -20%companies fundedOpen the sub-sector →69Email, fraud & brand protectionCybersecurity AI10 → 8 rounds · $118M raised -67% · largest Guardio 34%10 → 8-2 · -20%companies fundedOpen the sub-sector →70Industrial operations, inspection & safetyIndustry AI15 → 12 rounds · $125M raised +82% · largest Whale 32%15 → 12-3 · -20%companies fundedOpen the sub-sector →71Image & video generationConsumer & Media AI20 → 16 rounds · $4.6B raised +395% · largest Kling AI 64%19 → 15-4 · -21%companies fundedOpen the sub-sector →72Trading, research & capital marketsFintech AI27 → 21 rounds · $708M raised +25% · largest AlphaSense 49%27 → 21-6 · -22%companies fundedOpen the sub-sector →73Learning & educationConsumer & Media AI16 → 12 rounds · $163M raised -37% · largest LearnVector 61%16 → 12-4 · -25%companies fundedOpen the sub-sector →74Power & cooling for AI data centersAI Infrastructure16 → 12 rounds · $582M raised -32% · largest Emerald AI 26%16 → 12-4 · -25%companies fundedOpen the sub-sector →75Service, security & medical robotsRobotics & Physical AI20 → 15 rounds · $151M raised -59% · largest Mosaic Intelligence Labs 31%20 → 15-5 · -25%companies fundedOpen the sub-sector →76Materials & chemistryIndustry AI19 → 14 rounds · $628M raised +45% · largest CuspAI 72%19 → 14-5 · -26%companies fundedOpen the sub-sector →77AI app buildersAI Developer Tools16 → 11 rounds · $621M raised -32% · largest Lovable 64%15 → 11-4 · -27%companies fundedOpen the sub-sector →78Edge & on-device chipsAI Hardware & Chips24 → 18 rounds · $1.1B raised +64% · largest D-Robotics 38%22 → 16-6 · -27%companies fundedOpen the sub-sector →79HR & recruitingAI Agents7 → 5 rounds · $120M raised -35% · largest Metaview 50%7 → 5-2 · -29%companies fundedOpen the sub-sector →80Customer service & contact centerAI Agents21 → 16 rounds · $990M raised -52% · largest Wonderful 56%21 → 15-6 · -29%companies fundedOpen the sub-sector →81Energy & utilitiesIndustry AI35 → 25 rounds · $205M raised -74% · largest Utilidata 19%35 → 25-10 · -29%companies fundedOpen the sub-sector →82Precision medicine & genomicsHealthcare & Life Sciences10 → 7 rounds · $68M raised -89% · largest Evvy 59%10 → 7-3 · -30%companies fundedOpen the sub-sector →83Automotive & mobility servicesEnterprise & Vertical AI13 → 9 rounds · $167M raised +56% · largest Strutt 60%13 → 9-4 · -31%companies fundedOpen the sub-sector →84Professional servicesEnterprise & Vertical AI29 → 21 rounds · $139M raised -62% · largest Multiplier 25%29 → 20-9 · -31%companies fundedOpen the sub-sector →85Revenue cycle & healthcare adminHealthcare & Life Sciences44 → 29 rounds · $880M raised +8% · largest Forus 17%43 → 29-14 · -33%companies fundedOpen the sub-sector →86LegalEnterprise & Vertical AI46 → 32 rounds · $1.6B raised -5% · largest Legora 35%45 → 30-15 · -33%companies fundedOpen the sub-sector →87Retail & e-commerceEnterprise & Vertical AI43 → 27 rounds · $282M raised -50% · largest Confido 20%42 → 27-15 · -36%companies fundedOpen the sub-sector →88Data-center acceleratorsAI Hardware & Chips25 → 18 rounds · $6.8B raised +27% · largest Tenstorrent 22%25 → 16-9 · -36%companies fundedOpen the sub-sector →89Hospitality & travelEnterprise & Vertical AI22 → 14 rounds · $299M raised +8% · largest Owner 80%22 → 14-8 · -36%companies fundedOpen the sub-sector →90Home & consumer robotsRobotics & Physical AI21 → 12 rounds · $432M raised -13% · largest Future Not Far (Futuring Robot) (未来不远) 34%19 → 12-7 · -37%companies fundedOpen the sub-sector →91Finance & back officeAI Agents16 → 10 rounds · $247M raised +26% · largest Stuut 21%16 → 10-6 · -38%companies fundedOpen the sub-sector →92Financial crime, compliance & identityFintech AI16 → 10 rounds · $461M raised +49% · largest Quantifind 43%16 → 10-6 · -38%companies fundedOpen the sub-sector →93Intelligence & mission planningDefense & Public Safety AI17 → 10 rounds · $2B raised +351% · largest Helsing 89%17 → 10-7 · -41%companies fundedOpen the sub-sector →94Enterprise & domain modelsAI Models & Research7 → 5 rounds · $1B raised +11% · largest TypeSafe AI 90%7 → 4-3 · -43%companies fundedOpen the sub-sector →95Marketing, media & advertisingEnterprise & Vertical AI74 → 42 rounds · $484M raised -26% · largest Profound 37%74 → 42-32 · -43%companies fundedOpen the sub-sector →96Autonomous air systemsDefense & Public Safety AI11 → 6 rounds · $3.6B raised -49% · largest Quantum Systems 33%11 → 6-5 · -45%companies fundedOpen the sub-sector →97Data & ML toolingAI Developer Tools13 → 7 rounds · $227M raised +171% · largest Firecrawl 33%13 → 7-6 · -46%companies fundedOpen the sub-sector →98Developer infrastructureAI Developer Tools28 → 15 rounds · $276M raised -64% · largest Daytona 22%28 → 15-13 · -46%companies fundedOpen the sub-sector →99Real estate & constructionEnterprise & Vertical AI43 → 23 rounds · $660M raised +18% · largest EliseAI 53%43 → 23-20 · -47%companies fundedOpen the sub-sector →100HorizontalEnterprise & Vertical AI184 → 98 rounds · $3B raised +11% · largest NinjaOne 14%182 → 95-87 · -48%companies fundedOpen the sub-sector →101Application & code securityCybersecurity AI12 → 5 rounds · $132M raised -62% · largest Socket 45%10 → 5-5 · -50%companies fundedOpen the sub-sector →102Autonomous vehiclesRobotics & Physical AI22 → 10 rounds · $807M raised -96% · largest Harbinger 30%20 → 10-10 · -50%companies fundedOpen the sub-sector →103Accounting, spend & finance operationsFintech AI52 → 27 rounds · $3.3B raised +142% · largest Ramp 80%52 → 25-27 · -52%companies fundedOpen the sub-sector →104Security operations & incident responseCybersecurity AI30 → 14 rounds · $583M raised -54% · largest Dream Security 45%30 → 14-16 · -53%companies fundedOpen the sub-sector →105Government & public sectorEnterprise & Vertical AI18 → 5 rounds · $53M raised -80% · largest Garage 78%18 → 5-13 · -72%companies fundedOpen the sub-sector →
Last 12 months (Nov 2025 – Nov 2026) against the 12 months before, by announcement date. Companies funded = companies with at least one round announced in the period. Bars show rounds by quarter.
Last 6 months (May 2026 – Nov 2026) against the 6 months before, by announcement date. Companies funded = companies with at least one round announced in the period. Bars show rounds by quarter.
How this is ranked
- What is counted. Disclosed equity funding rounds at AI-native and AI-enabled companies, every stage from Pre-Seed to growth, by announcement date. Each company has one main sub-sector.
- Companies funded. The number of different companies with at least one round announced in the period.
- Last 12 months. Nov 2025 to Nov 2026 against Nov 2024 to Nov 2025. A sub-sector is ranked when it has at least 10 rounds in both periods (99 qualify).
- Last 6 months. May 2026 to Nov 2026 against Nov 2025 to May 2026, with at least 5 rounds in both halves (105 qualify). Each half holds one quiet season, so seasonality roughly cancels.
- Order. Most companies added, ties broken by % growth; or % growth, ties broken by companies added.
- Also shown. Rounds in each period, capital raised with its change, and the share of that capital taken by the largest company. The bars are rounds per quarter; the last bar is the current, incomplete quarter.
- Revisions. Rounds found later are added to the date they were announced, so past figures can change.
Each row opens the sub-sector on its sector page. Definitions are in the methodology; round sizes by stage are on the benchmarks page.