February 2026

AI Startup Funding Tracker

February 2026's top 15 funding rounds totaling $160B+ across frontier AI, autonomous vehicles, voice AI, spatial intelligence, robotics, and AI hardware

🔥 Most Consequential AI Funding Month in History — OpenAI breaks all records
$160B+
Total Funding
15
Mega Rounds
$110B
Largest Deal
6
New Unicorns
1
âš¡ Largest Private Funding Round in History

OpenAI

Frontier AI / AGI Research

Developer of ChatGPT and the world's most-used AI platform — racing to build the infrastructure backbone of the global AI economy

$110 Billion
Strategic Mega-Round
$840B Valuation Post-money ($730B pre)

OpenAI shattered all private funding records on February 27, raising $110 billion at a $730 billion pre-money valuation ($840B post-money) — the largest private tech financing in history, surpassing its own record $40B round from 2025. Amazon committed $50 billion (with $15B upfront and $35B on conditions), alongside $30 billion each from Nvidia and SoftBank. The round remains open with additional investors expected. OpenAI simultaneously announced a multiyear strategic partnership with Amazon, expanding its AWS commitment by $100 billion over eight years and naming AWS as the exclusive third-party cloud provider for its enterprise platform Frontier. OpenAI also committed to deploying 5 gigawatts of Nvidia's Vera Rubin hardware for training and inference. Weekly Codex users have tripled to 1.6 million since the start of 2026, with 9 million+ paying business users relying on ChatGPT.

Founded
2015
Location
San Francisco
Funding Date
Feb 27, 2026
Amazon ($50B) • Nvidia ($30B) • SoftBank ($30B)
Additional financial investors joining as round progresses · Microsoft partnership unchanged
Key Metrics
$280B projected 2030 revenue
9M+ paying business users
1.6M weekly Codex users (3× YoY)
5GW Nvidia Vera Rubin compute
2

Anthropic

Frontier AI / Safety Research

Developer of Claude — building reliable, interpretable AI systems with 80%+ revenue from enterprise customers

$30 Billion
Series G
$380B Valuation 2nd-largest venture deal ever

Anthropic closed a landmark $30 billion Series G at $380 billion post-money — the second-largest private venture deal in history — co-led by Coatue and Singapore's GIC. Annualized revenue hit $14 billion, Claude Code ARR alone reached $2.5 billion, and enterprise subscriptions quadrupled since the start of 2026. The round included Microsoft, Nvidia, D.E. Shaw, Dragoneer, Founders Fund, ICONIQ, and MGX among 30+ investors.

Founded
2021
Location
San Francisco
Funding Date
Feb 12, 2026
Coatue • GIC (Co-Leads) • Founders Fund • Microsoft • Nvidia
D.E. Shaw, Dragoneer, ICONIQ, MGX, 30+ total investors
3

Waymo

Autonomous Driving / Robotaxi

Alphabet's fully autonomous robotaxi operating commercially in 6 US cities — expanding to Tokyo, London, and 20+ markets in 2026

$16 Billion
Growth Round
$126B Valuation Largest AV round in history

Waymo raised the largest autonomous vehicle round in history — $16 billion at $126 billion post-money valuation — led by Dragoneer, DST Global, and Sequoia with a16z, Silver Lake, and Fidelity also participating. With 400,000+ weekly driverless rides, the raise validates over a decade of autonomous driving R&D and sets the floor valuation for the entire AV sector.

Founded
2016
Location
Mountain View, CA
Funding Date
Feb 4, 2026
Dragoneer • DST Global • Sequoia (Leads)
a16z, Andreessen Horowitz, Silver Lake, Fidelity
4

Cerebras Systems

AI Hardware / Wafer-Scale Chips

Developer of the world's largest AI processors — wafer-scale engines offering GPU-alternative compute for LLM inference and training

$1 Billion
Series H
$23B Valuation Post-money

Cerebras closed a $1 billion Series H at approximately $23 billion post-money valuation, led by Tiger Global with Benchmark, Fidelity, AMD, Coatue, Altimeter, Alpha Wave Global, and 1789 Capital. Capital accelerates next-generation wafer-scale engine development and commercial partnerships as enterprises seek alternatives to Nvidia for AI inference workloads. Cerebras is building toward a public listing.

Founded
2016
Location
Sunnyvale, CA
Funding Date
Feb 4, 2026
Tiger Global (Lead) • AMD • Fidelity
Benchmark, Atreides, Alpha Wave, Coatue, Altimeter, 1789 Capital
5

World Labs

Spatial AI / 3D World Models

Fei-Fei Li's spatial intelligence startup — foundational AI models that generate and reason about immersive 3D worlds

$1 Billion
Growth Round
~$5B Valuation Total raised: $1.23B

World Labs raised $1 billion from AMD, Autodesk ($200M strategic), NVIDIA, Fidelity, Emerson Collective, Sea, and others. Its Marble product enables anyone to create spatially cohesive 3D worlds from images, video, or text. The Autodesk partnership will integrate World Labs' world models into entertainment and design workflows. Total raised now stands at $1.23 billion across 3 rounds.

Founded
2024
Location
San Francisco
Funding Date
Feb 18, 2026
Autodesk ($200M) • AMD • NVIDIA • Fidelity
Emerson Collective, Sea, Andreessen Horowitz, others
6

ElevenLabs

Voice AI / Audio Generation

Leading AI voice synthesis platform — natural speech in 29 languages powering podcasts, audiobooks, enterprise support, and accessibility tools at global scale

$500 Million
Series D
$11B Valuation 3× growth in one year

ElevenLabs secured $500 million in Series D led by Sequoia Capital, tripling its valuation to $11 billion in one year. The round cements voice AI as a winner-takes-most category and sets the benchmark for what a pure-play voice AI company is worth. ElevenLabs' platform generates human-quality speech for enterprises, creators, and accessibility applications across thousands of voice profiles in 29 languages.

Founded
2022
Location
New York, NY
Funding Date
Feb 4, 2026
Sequoia Capital (Lead)
Additional Series D investors
7

Waabi

Autonomous Trucking / Physical AI

AI-first autonomous trucking platform deploying at commercial scale through its Uber Freight partnership

$1 Billion
Series C + Milestone
Undisclosed $750M Series C + $250M

Waabi raised a combined $1 billion — a $750 million Series C alongside $250 million in milestone financing — to bring autonomous AI trucks to Uber Freight at commercial scale. The committed Uber logistics partnership removes the hardest go-to-market challenge for AV trucking and creates a fundamentally differentiated business model vs. standalone AV companies.

Founded
2021
Location
Toronto / SF
Funding Date
Feb 2026
Institutional Investors • Uber Freight (Strategic Partner)
Existing and new institutional investors
8

Wayve

Autonomous Driving / ADAS

British AI self-driving platform powering Uber robotaxis and integrating ADAS for Mercedes-Benz, Stellantis, and Nissan

$1.2 Billion
Series D
~$2.8B Total Funding to date

Wayve raised $1.2 billion in Series D (up to $1.5B including milestone payments) led by Mercedes-Benz, Stellantis, Nissan, and Uber, bringing total funding to approximately $2.8 billion. Wayve plans to roll out Uber robotaxis in multiple cities in 2026 and integrates its ADAS platform into commercial OEM vehicles, with automaker co-leads signaling strong conviction in AI-native autonomy platforms.

Founded
2017
Location
London, UK
Funding Date
Feb 25, 2026
Mercedes-Benz • Stellantis • Nissan • Uber (Co-Leads)
Existing institutional investors
9

MatX

AI Semiconductors / LLM Training

Semiconductor accelerators promising ~10× GPU performance for LLM training — TSMC-fabricated sample shipments planned for 2027

$500 Million
Series B
Undisclosed One of largest chip deals

MatX secured $500 million in Series B led by Jane Street and Situational Awareness — one of the largest AI chip financing deals to date. Strategic backers include chipmaker Marvell and the Stripe co-founders. Its accelerators promise roughly 10× the performance of current GPUs for AI model training, positioning MatX as a serious challenger to Nvidia in the AI training market.

Founded
Recent
Location
United States
Funding Date
Feb 25, 2026
Jane Street • Situational Awareness (Co-Leads)
Marvell Technology, Spark Capital, Stripe founders
10

Apptronik

Humanoid Robotics / Physical AI

NASA-partnered humanoid robot scaling its Apollo platform for warehouse, manufacturing, and space applications — backed by Google

$520 Million
Series A Extension
$935M+ Total Combined Series A

Apptronik added $520 million in extension financing to its $415 million Series A, bringing the combined round to over $935 million — an extraordinary sum for a single Series A. The Austin-based company scales Apollo, a humanoid robot designed for warehouse, manufacturing, and space with NASA as key research partner. Google backing and enterprise deployment traction differentiates it from pure-VC humanoid rivals.

Founded
2016
Location
Austin, TX
Funding Date
Feb 2026
Google (Backer) • NASA (Research Partner)
Institutional investors from original Series A
11

Runway

Generative AI / Video & Media

Leading AI creative platform for professional video generation and multimodal media production without cameras or studios

$315 Million
Series E
$5.3B Valuation Post-money

Runway raised $315 million in Series E led by General Atlantic, with Nvidia, Fidelity, and Felicis, reaching a $5.3 billion valuation. The funding reflects sustained investor enthusiasm for AI creative tools as Hollywood, advertising, and media industries accelerate adoption of generative video. Runway serves top studios and individual creators generating professional-grade video without traditional production infrastructure.

Founded
2018
Location
New York, NY
Funding Date
Feb 10, 2026
General Atlantic (Lead) • Nvidia • Fidelity
Felicis Ventures, additional investors
12

Fundamental

Enterprise AI / Structured Data

Deterministic AI architecture for enterprise structured and tabular data — solving the precision gap LLMs cannot fill

$255 Million
Series A
$1.4B Valuation Unicorn

Fundamental raised $255 million in Series A at a $1.4 billion unicorn valuation from Oak HC/FT, Salesforce Ventures, Valor Equity Partners, and QP Ventures. It builds deterministic AI for the 80% of enterprise data that is structured — spreadsheets, databases, financial records — where LLMs hallucinate or fail, delivering precise, auditable analysis at scale.

Founded
2024
Location
United States
Funding Date
Feb 5, 2026
Oak HC/FT • Salesforce Ventures • Valor Equity
QP Ventures, additional investors
13

Skyryse

Aviation AI / Flight OS

Universal flight operating system replacing cockpit mechanical controls with AI — retrofit-first approach for hundreds of thousands of existing aircraft

$300 Million
Series C
$1B+ Valuation Unicorn

Skyryse landed over $300 million in Series C led by Autopilot Ventures and Fidelity, achieving unicorn status. Its SkyOS replaces traditional cockpit mechanical controls with a single joystick and touchscreen. The retrofit-first model means no new aircraft purchases are required, unlocking a massive global market across commercial, defense, and private aviation.

Founded
2016
Location
El Segundo, CA
Funding Date
Feb 4, 2026
Autopilot Ventures • Fidelity (Leads)
Additional aviation and institutional investors
14

Bedrock Robotics

Construction Robotics / Physical AI

AI retrofit kits transforming heavy construction equipment — excavators, bulldozers, loaders — into autonomous coordinated fleets

$270 Million
Series B
~$1.75B Valuation Reported

Bedrock Robotics raised over $270 million in Series B led by CapitalG and Valor Atreides AI Fund at a reported ~$1.75 billion valuation. It develops AI retrofit kits autonomizing existing heavy construction machinery without new equipment purchases — a retrofit-first model that dramatically reduces barriers to adoption across global infrastructure and real estate markets.

Founded
2022
Location
San Francisco
Funding Date
Feb 4, 2026
CapitalG (Lead) • Valor Atreides AI Fund
Additional institutional investors
15

Goodfire

AI Safety / Interpretability

AI interpretability platform reverse-engineering how foundation models make decisions — making black-box AI explainable and compliance-ready

$150 Million
Series B
$1.25B Valuation Unicorn

Goodfire raised $150 million in Series B led by B Capital at a $1.25 billion unicorn valuation, with Juniper Ventures, Lightspeed, and Menlo Ventures participating. It builds interpretability tools that explain the internal reasoning of foundation models — a capability shifting from academic interest to enterprise compliance requirement as AI regulation tightens globally. Goodfire recently identified novel Alzheimer's biomarkers with Mayo Clinic, demonstrating real-world clinical value.

Founded
2024
Location
San Francisco
Funding Date
Feb 5, 2026
B Capital (Lead) • Lightspeed • Menlo Ventures
Juniper Ventures, additional investors

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