Capital Unlocked: 59 Funds, $12.7B Closed: AI and Biotech Dominate 1–15 July 2026

◆ Funds this week

59

◆ Fresh capital

$12.7B

◆ Undisclosed terms

19 funds

◆ Previous week

48 funds · $15.4B

◆ Published

28 July 2026

◆ The Week

Fifty-nine funds closed fresh capital between 1 and 15 July 2026, raising a combined $12,706M — up from 48 funds the previous edition, an increase of 11. Nineteen of those funds closed on undisclosed terms, meaning the headline figure understates the true quantum. The fortnight's volume signals that LP appetite for new fund formation remains firmly open despite broader macro uncertainty.

◆ Stages

Seed-stage coverage led with 50 fund declarations, followed by Series A at 39, pre-seed at 23 and Series B at 20 — confirming that the bulk of newly raised capital in this window is oriented towards early-stage deployment. Growth received only 5 declarations and Series C just 2, indicating limited appetite among new fund formations for late-stage positioning.

◆ Sectors

AI Infrastructure led all sector focuses with 16 funds declaring it as a target, followed closely by Generative AI at 15 funds and Biotech at 12. Robotics attracted 9 funds, while Digital Health, Enterprise Software and Fintech each drew 8. The AI cluster — Infrastructure plus Generative AI alone accounts for 31 fund-focus declarations — reflects LPs doubling down on the infrastructure layer before the application layer matures; Biotech's strength suggests the AI-biology convergence thesis is now commanding dedicated capital rather than merely appearing as a footnote in multi-sector mandates.

◆ Geography

North America dominated both by count and by capital: 38 funds headquartered there accounted for $10,794M of the $12,706M total. Europe placed second with 10 funds raising $1,247M, while the United Kingdom — counted separately — contributed a further $220M across 3 funds. Africa placed fifth by capital with 2 funds raising $200M, a notable showing for a region that rarely registers at this scale in a single fortnight.

◆ The Database

Every fund featured here, and all 59 that closed capital in this window, are indexed in full — with stage, sector and geographic filters — in the Fusion42 Capital Unlocked database at fusion42.com/raise.

◆ Funds in this edition

• ARK Venture Fund
• Google Ventures
• Paradigm IV
• B Capital Early-Stage Fund
• Ascent Fund III
• Paradigm Fund III
• Greylock 18th Fund
• Sofinnova Partners
• High-Tech Gründerfonds
• Seedcamp VII
• CYBERDYNE Physical AI and Robotics Fund
• DICE Fund of Funds