Capital Unlocked: 48 Funds, $15.4B Closed: AI and Robotics Lead the 17 June–1 July Window

◆ Funds this week

48

◆ Fresh capital

$15.4B

◆ Undisclosed terms

8 funds

◆ Previous week

46 funds · $6.5B

◆ Published

28 July 2026

◆ The Week

Forty-eight funds closed a combined $15,420M in new capital between 17 June and 1 July 2026 — up from 46 funds the previous edition, a modest but consistent uptick in pace. Eight funds declined to disclose their size, meaning the headline figure understates the true total. East Asia accounts for the single largest geographic concentration of capital in the window despite fielding only five funds, a disparity that shapes everything downstream.

◆ Stages

Seed-stage focus dominated with 42 fund declarations, ahead of pre-seed at 28 and Series A at 24; Series B attracted 14 and growth just one. The weight at seed and pre-seed confirms that managers closing new vehicles now are positioning for the next cohort of company formation rather than chasing late-stage assets.

◆ Sectors

AI Infrastructure led all sector focuses with 15 funds declaring it a target, followed by Generative AI at 12 and Fintech at 11; Enterprise Software attracted 10 funds, Climate Tech 9, Agtech 8, and both Cybersecurity and Robotics 7 each. The AI cluster — infrastructure, generative, and the agent layer — reflects sustained LP conviction that the picks-and-shovels layer of the AI stack is not yet saturated, while the parallel strength in Climate Tech and Agtech signals that patient capital is rotating back toward physical-world problems now that pure-software AI valuations have compressed the relative attractiveness of digital-only bets. Robotics at seven funds is notable: it sits at the intersection of both clusters, which explains why several vehicles in this window span both themes.

◆ Geography

North America led on fund count with 23 funds and $4,689M, but East Asia's five funds aggregated $8,871M — more than twice the North American capital total — driven by large state-backed and corporate vehicles out of China and Japan. The United Kingdom placed third with six funds and $954M, reinforcing its position as Europe's most active fundraising centre, while continental Europe's four funds mustered only $388M between them.

◆ The Database

The full database of all 48 funds that closed capital in this window — with stage, sector, geography, and thesis detail — is available in the Fusion42 Raise fund tracker.

◆ Funds in this edition

• Beltone Venture Capital
• Sky Factory
• Menlo Ventures XVII
• Base10
• Anterra Capital Fund III
• British Business Bank (Investor Pathways)
• Framework Ventures IV
• Hoxton Ventures IV
• CYBERDYNE Physical AI and Robotics Fund
• Harpoon Ventures Fund IV
• Osney Capital Cyber Fund
• EmergingTech Ventures Fund II