A real-time pulse on ecosystem liquidity, tracking capital deployment and deal velocity across all major funding stages.
The index shows you the broad market pulse. Our monthly briefings reveal the specific startups the top 13 VC funds are backing. Subscribe to unlock the raw data.
Track the real-time flow of smart money. We aggregate thousands of deals to show you exactly where the market is heading before it makes headlines.
Despite a stabilization in total deals, June 2026 saw a massive capital deployment spike across late-stage rounds, hitting a total of $39.0 Billion (excluding megarounds).
Read June ReportMay 2026 established the baseline with $25.4B across 1,588 deals. Compare the trends to see which specific sectors and stages are heating up.
Read May ReportAnalysis of market-making venture funds acting as Lead Syndicates vs. Participants.
Comparing full database activity versus top-tier leading venture funds, layered by stage structures.
| Industry | Full Database | Lead VC Activity | Structure (%deals) |
|---|---|---|---|
AI Infrastructure + DayOne ($2.50B), DeepSeek ($7.00B), Baseten ($1.50B) | $9.1B 318 deals | $2.72B 31 deals | |
App & Software Development | $0.6B 16 deals | $0.52B 4 deals | |
Crypto | $1.0B 9 deals | $0.08B 1 deals | |
Data analytics | $0.0B 3 deals | $0.01B 1 deals | |
Defence & Military | $2.1B 59 deals | $1.01B 9 deals | |
EdTech | $0.2B 25 deals | $0.06B 3 deals | |
Enterprise | $5.2B 367 deals | $1.44B 26 deals | |
Fintech | $5.7B 211 deals | $1.10B 16 deals | |
Health / Bio Tech | $7.6B 431 deals | $1.68B 20 deals | |
Industries + NEURA Robotics ($1.40B) | $13.9B 674 deals | $2.34B 37 deals | |
Legal | $0.2B 16 deals | $0.10B 4 deals | |
Media & Advertisement + AppsFlyer ($1.00B) | $2.0B 132 deals | $0.59B 9 deals | |
Services & Retail | $0.2B 7 deals | $0.06B 3 deals |