Who Just RaisedMonthly report · from SEC Form D filings
The state of private funding: February 2026
New raises
701
−8% vs Feb 25
Capital reported
$8.13B
−40% vs Feb 25
Median raise
$1.3M
$1.5M a year earlier
Month by month
Last 24 months · select a bar for that month
By sector
| Sector | Raises | Raised | vs year earlier |
|---|---|---|---|
| Technology | 257 | $5.7B | +141% |
| Health Care | 112 | $597M | −67% |
| Other | 150 | $572M | −90% |
| Financial Services | 40 | $398M | −17% |
| Energy | 36 | $328M | +391% |
| Manufacturing | 21 | $292M | −89% |
| Travel | 3 | $65.6M | — |
| Media & Entertainment | 8 | $55.9M | +417% |
Busiest states
| State | Raises | Raised |
|---|---|---|
| California | 104 | $1.82B |
| New York | 62 | $577M |
| Texas | 51 | $457M |
| Florida | 50 | $330M |
| Delaware | 33 | $2.29B |
| Colorado | 24 | $311M |
| Massachusetts | 23 | $134M |
| Illinois | 21 | $122M |
The 10 largest raises
February 2026
| Company | Where | Sector | Raised |
|---|---|---|---|
| Marvell Technology, Inc. | Wilmington, DE | Technology | $2.03B |
| Snowflake Inc. | Bozeman, MT | Technology | $376M |
| Mercor.io Corp | San Francisco, CA | Technology | $330M |
| Signify Holdings, Inc. | New York, NY | Technology | $250M |
| Marvell Technology, Inc. | Wilmington, DE | Technology | $200M |
| Bancar Technologies Ltd | Manchester, United Kingdom | Technology | $195M |
| Flapping Airplanes, Inc. | San Francisco, CA | Technology | $180M |
| Goodfire AI, Inc. | San Francisco, CA | Technology | $150M |
| Heron Power Electronics Co | Scotts Valley, CA | Manufacturing | $138M |
| DroneBase, Inc. | San Diego, CA | Technology | $130M |
New Form D notices from operating companies (investment funds and vehicles excluded), as reported to the SEC; raises over $10B are left out of totals. ← January 2026 · March 2026 →