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 821 venture funds tracked by Fusion42.
◆ Capital flow
26 Jul 2026 — 23 Oct 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
43% of tracked capital in the last 90 days flowed into AI & ML.
AI & ML accelerating
Capital into AI & ML increased 1525% versus the previous period.
Middle East gaining share
Middle East startups captured 173.5% more capital than the previous period.
Capital deployed
$7.2B
Companies funded
713
Sector groups funded
16
Countries active
67
◆ This week
Capital deployed
$1.7B
New funds
16
Total funds
821
Total AUM
$756B
◆ Most active AI funds
| Fund |
|---|
| McRock Capital |
| Global PayTech Ventures |
| Blue Fund(Daphni) |
| Masia Fund(Masia) |
| Fireside Ventures |
| Protego Ventures Fund I(Protego Ventures) |
| Materials Innovation Platforms(U.S. National Science Foundation) |
| Fresenius Ventures(Fresenius SE & Co. KGaA) |
| Expeditions Fund II(Expeditions) |
| First In |
◆ Largest recent rounds
| Company | Stage |
|---|---|
| NationA | series-a |
| Slingshot Insurance | seed |
| Modelyo | seed |
| Firstwork | series-a |
| Zero Industries, PBC | pre-seed |
| Reduck | pre-seed |
| Enact Intelligence | pre-seed |
| INVE | pre-seed |
| Photon Bridge | series-a |
| Jenz | pre-seed |
◆ Top AI sectors by fund count
198
Fintech
185
Enterprise Software
156
AI Infrastructure
136
Biotech
131
Generative AI
97
Digital Health
94
Climate Tech
84
Cybersecurity
◆ Geographic flow
362
United States
66
United Kingdom
38
India
31
Japan
31
Israel
27
Canada
24
Germany
22
France