AI Venture Capital Index

The capital market for AI: active funds, round sizes, geographic flow and investment trends — continuously tracked and updated by Fusion42.

Data drawn from 761 venture funds tracked by Fusion42.

Capital flow

North America to Series A: $2.5BNorth America to Seed: $1.4BNorth America to Pre-seed: $138MEurope to Series A: $648MEurope to Seed: $498MEurope to Pre-seed: $206MAsia to Series A: $557MAsia to Seed: $102MAsia to Pre-seed: $60MMiddle East to Series A: $150MMiddle East to Seed: $195MMiddle East to Pre-seed: $39MAfrica to Series A: $34MAfrica to Seed: $145MAfrica to Pre-seed: $7.7MOther to Series A: $84MOther to Seed: $59MOther to Pre-seed: $18MSeries A to AI & ML: $806MSeries A to Enterprise: $636MSeries A to Fintech: $479MSeries A to Deep Tech: $248MSeries A to Other Verticals: $393MSeries A to Other: $1.4BSeed to AI & ML: $857MSeed to Enterprise: $372MSeed to Fintech: $245MSeed to Deep Tech: $357MSeed to Other Verticals: $107MSeed to Other: $446MPre-seed to AI & ML: $118MPre-seed to Enterprise: $60MPre-seed to Fintech: $73MPre-seed to Deep Tech: $68MPre-seed to Other Verticals: $5.0MPre-seed to Other: $144MNorth America: $4.0BNorth America $4.0BEurope: $1.4BEurope $1.4BAsia: $719MAsia $719MMiddle East: $384MMiddle East $384MAfrica: $186MAfrica $186MOther: $162MSeries A: $3.9BSeries ASeed: $2.4BSeedPre-seed: $469MPre-seedAI & ML: $1.8BAI & ML $1.8BEnterprise: $1.1BEnterprise $1.1BFintech: $798MFintech $798MDeep Tech: $673MDeep Tech $673MOther Verticals: $504MOther Verticals $504MOther: $2.0BOther ▸ $2.0B

16 Jun 202613 Sept 2026 · ribbon width = capital deployed to startups in region · regions are startup HQ, not investor origin · click a node to focus, click Other to expand.

Market movement · last 90 days vs previous

AI & ML leads capital allocation

26% of tracked capital in the last 90 days flowed into AI & ML.

Enterprise accelerating

Capital into Enterprise increased 185.3% versus the previous period.

Asia gaining share

Asia startups captured 553% more capital than the previous period.

Capital deployed

$6.8B

Companies funded

563

Sector groups funded

16

Countries active

62

Open the full Capital Flow Index →

This week

Capital deployed

$5.7B

New funds

8

Total funds

761

Total AUM

$638.4B

Most active AI funds

FundTypeHQ
Xylem Innovation Labscorporate_vcUnited States
Physis CapitalvcIndia
Harpoon Ventures Fund IV(Harpoon Ventures)vcUnited States
Y-Point Venture Capital Fund(Society for Innovation and Entrepreneurship)vcIndia
Celiac Disease Foundation Impact Fund(Celiac Disease Foundation)vcUnited States
Materials Innovation Platforms(U.S. National Science Foundation)vcUnited States
DNA VC II(DNA Capital)vcBrazil
Bek VenturesvcLuxembourg
CC1(Cross Capital)vcSingapore
Mighty Capital Fund III(Mighty Capital)vcUnited States

Largest recent rounds

CompanyStageAmountLead investors
N&E Innovationsseries-a$1.7MTundra Capital
Ultimariiseries-a$9.4MBusiness Development Bank of Canada, Mistral Venture Partners
IVEXseries-a$5.8MThe Faktory, Dedicated.lu
Wyre AIseed$5MIronspring Ventures
Bynariopre-seed$2.4M360 Capital Partners
Metacognitionpre-seed$10MMain Sequence
LeoTracepre-seed$2.0MGolden Egg Check
Dynamic CreaturesseedEniac Ventures, Kindred Ventures
Botsipre-seed$1.5MTelegraph Ventures
Limetaxpre-seed$41.9MMotive Partners

Top AI sectors by fund count

187

Fintech

177

Enterprise Software

147

AI Infrastructure

131

Generative AI

125

Biotech

95

Digital Health

88

Climate Tech

82

Cybersecurity

Geographic flow

344

United States

61

United Kingdom

34

India

29

Japan

27

Israel

24

Canada

22

Germany

21

France