Which startups have raised the most funding in the deep tech market?

Last updated: 13 July 2026

Explore our constantly refreshed list of the top startups in the deep tech market, ranked by cumulative funding raised.

market research pitch 2026

In our updated market reports, you will find everything you need

The deep tech market is one of the most capital-intensive startup markets, spanning space, quantum computing, AI chips, robotics, biotech, batteries, and advanced materials.

This list ranks deep tech startups by cumulative funding raised, and we update it every month to keep the dataset fresh.

The ranking highlights where investors are placing the largest long-term bets across hard science and infrastructure-heavy technologies.

A quick summary table

Metric Value
Most funded startup SpaceX, $86.9B raised
Second most funded startup Cerebras Systems, $9.2B raised
Largest funding round SpaceX, $75.0B in June 2026
Median funding $590.5M
Share of funding captured by the top 10 67.7%
Median time since last round 16 months
Startups that raised funding in the last 12 months 41 startups
Total deep tech funding tracked $168.8B
Active deep tech startups in the ranking 71 startups
Public or acquired deep tech companies 27 companies

Top startups in the deep tech market ranked by total funding raised

Here is an updated table that ranks the top startups in the deep tech market based on the total amount of funding they have raised to date.

The table also includes the total number of funding rounds, the date and size of the latest round, the financing type (e.g. Series A, equity financing), key investors, the startup’s current status (active, IPO, acquired, or shut down), and a confidence score based on the data collected.

# Startup What They Do Total Raised ($) Total Rounds Last Round Date Last Round Amount ($) Last Round Type Key Investors Current Stage Confidence
1 SpaceX Rockets, satellites, space internet $86.9B 17 June 2026 $75.0B IPO Public investors, Andreessen Horowitz, Sequoia Capital IPO Partial
2 Cerebras Systems Wafer-scale AI chips $9.2B 9 May 2026 $6.4B IPO Morgan Stanley, Barclays, Citi IPO Partial
3 IonQ Trapped-ion quantum computers $3.1B 8 October 2025 $2.0B Public equity offering Heights Capital Management IPO Strong
4 Isomorphic Labs AI drug discovery platform $2.7B 2 May 2026 $2.1B Series B Thrive Capital, Alphabet, GV Active Strong
5 Ginkgo Bioworks Cell programming biofoundry platform $2.4B 7 September 2021 $1.6B SPAC/PIPE Soaring Eagle, PIPE investors, public-market investors IPO Strong
6 Sierra Space Commercial spaceplanes and stations $2.2B 3 March 2026 $550M Series C LuminArx, General Atlantic, Coatue Active Full
7 Redwood Materials Battery recycling and materials $2.2B 5 January 2026 $425M Series E Eclipse, NVentures, Google Active Strong
8 Physical Intelligence General robot AI software $1.9B 4 July 2026 $800M Series C Thrive Capital, Jeff Bezos, NVIDIA Active Partial
9 Figure AI Humanoid general-purpose robots $1.8B+ 4 September 2025 $1.0B+ Series C Parkway Venture Capital, Brookfield, NVIDIA Active Strong
10 Skild AI Robotics foundation models $1.8B 4 January 2026 $1.4B Series C SoftBank, NVentures, Bezos Expeditions Active Strong
11 Groq AI inference chips $1.8B 5 September 2025 $750M Series E BlackRock, Tiger Global, D1 Capital Active Strong
12 Quantum Systems AI-powered defense drones $1.7B 5 July 2026 $1.2B Series D Blackstone, Noteus, Airbus Active Strong
13 PsiQuantum Photonic quantum computers $1.7B 5 September 2025 $1.0B Series E BlackRock, Temasek, Baillie Gifford Active Partial
14 Moore Threads Chinese GPU chips $1.7B 6 December 2025 $1.1B IPO Public investors IPO Partial
15 Sana Biotechnology Engineered cell therapies $1.6B 5 May 2026 $69M ATM / Post-IPO Equity Mayo Clinic, Public market investors IPO Partial
16 SambaNova Systems Enterprise AI chip systems $1.5B 5 February 2026 $350M Series E Vista Equity Partners, Cambium Capital, Intel Capital Active Strong
17 Firefly Aerospace Launch, lunar, orbital spacecraft $1.5B 5 August 2025 $868M IPO Public-market investors IPO Partial
18 Zipline Autonomous drone delivery logistics $1.4B 7 January 2026 $600M+ Late-stage equity Fidelity, Baillie Gifford, Tiger Global Active Strong
19 Relativity Space 3D-printed reusable rockets $1.3B 5+ March 2025 Undisclosed Control recapitalization Eric Schmidt Acquired Partial
20 Sila Nanotechnologies Silicon battery anode materials $1.3B 8 June 2024 $375M Series G Sutter Hill Ventures, T. Rowe Price, Bessemer Active Partial
21 Cambricon Technologies AI chips and accelerators $1.3B 5 October 2025 $559M Private placement / PIPE Alibaba, Lenovo, SDIC Venture Capital IPO Partial
22 ElevateBio Cell and gene therapy platform $1.2B 4 May 2023 $401M Series D AyurMaya, Matrix Capital, Novo Nordisk Active Full
23 Form Energy Multi-day iron-air batteries $1.2B 6 October 2024 $405M Series F T. Rowe Price, GE Vernova, Breakthrough Energy Ventures Active Strong
24 Recursion AI-enabled drug discovery $1.2B 7 June 2024 $200M Public Offering Goldman Sachs, J.P. Morgan, NVIDIA IPO Strong
25 Generate:Biomedicines AI-designed protein therapeutics $1.1B 4 February 2026 $400M IPO Public-market investors IPO Strong
26 Tenstorrent AI chips and RISC-V IP $1.0B 5 December 2024 $693M+ Series D Samsung Securities, AFW Partners, XTX Markets Active Strong
27 Apptronik Builds humanoid robots $1.0B 3 February 2026 $520M Series A-X Google, Mercedes-Benz, QIA Active Strong
28 Shield AI Autonomous defense aircraft software $1.0B 8 March 2025 $240M Series F-1 L3Harris, Hanwha Asset Management, Andreessen Horowitz Active Partial
29 Vast Commercial space stations $1.0B 2 March 2026 $300M Series A Balerion Space Ventures, QIA, Mitsui Active Partial
30 Planet Labs Daily Earth imaging satellites $906M 7 December 2021 $545M SPAC / PIPE BlackRock, Koch Strategic Platforms, Google IPO Strong
31 Geek+ Warehouse autonomous mobile robots $880M 10 July 2025 $348M IPO Public-market investors, Warburg Pincus, Vertex Growth IPO Partial
32 Skydio Autonomous drones and software $854M 10 April 2026 $110M Series F Andreessen Horowitz, Linse Capital, KDDI Active Strong
33 Lightmatter Photonic AI computing chips $850M 6 October 2024 $400M Series D T. Rowe Price, Fidelity, GV Active Strong
34 Astranis Builds MicroGEO satellites $808M 5 May 2026 $300M Series E Snowpoint Ventures, Franklin Templeton, a16z Active Strong
35 XtalPi AI drug discovery robotics $785M 8 June 2024 $127M IPO Public investors, Tencent, Sequoia China IPO Partial
36 SiFive RISC-V processor IP $765M 7 April 2026 $400M Late-stage / Series G Atreides, Nvidia, Apollo Global Active Strong
37 Solid Power Solid-state EV batteries $750M 3 December 2021 $600M SPAC / IPO BMW, Ford, Koch Strategic Platforms IPO Partial
38 Enflame Technology AI cloud-training chips $746M 6 September 2023 $274M Series D Shanghai International Group, CPE, Tencent Active Strong
39 Symbotic Warehouse robotics automation $725M 1 June 2022 $725M SPAC / PIPE IPO SoftBank Vision Fund 2, Walmart, SVF Investment Corp. 3 IPO Low
40 Graphcore AI accelerator chips $682M 6 December 2020 $222M Series E Ontario Teachers’, Atomico, Sequoia Acquired Partial
41 Berkshire Grey Warehouse robotic automation systems $676M 2 July 2021 $413M SPAC / PIPE SoftBank, Khosla Ventures, BlackRock Acquired Partial
42 AbCellera Discovers therapeutic antibodies $671M 3 December 2020 $555M IPO Public investors IPO Strong
43 Insitro ML drug discovery $643M 3 March 2021 $400M Series C CPP Investments, Andreessen Horowitz, T. Rowe Price Active Full
44 Agility Robotics Builds warehouse humanoid robots $641M 5 June 2025 $400M Series C Humanoid Global, NVIDIA, Amazon Active Partial
45 Black Sesame Technologies Autonomous driving AI chips $633M 11 August 2024 $133M IPO SummitView Capital, Xiaomi, Tencent IPO Partial
46 ArsenalBio Engineers cancer cell therapies $630M 3 September 2024 $325M Series C ARCH Venture Partners, Regeneron Ventures, NVentures Active Full
47 Lyten Lithium-sulfur batteries and graphene $610M 3 July 2025 $200M Series C Prime Movers Lab, Stellantis, FedEx Active Partial
48 Axiom Space Commercial space stations and spacesuits $600M 6 March 2026 $100M Strategic growth equity Aljazira Capital, Boryung, 4iG Active Partial
49 IQM Quantum Computers Superconducting quantum computers $600M 4+ September 2025 $320M Series B Ten Eleven Ventures, Tesi, World Fund Active Partial
50 Celestial AI Photonic interconnects for AI infrastructure $581M 4 March 2025 $250M Series C1 Fidelity, Koch Disruptive Technologies, AMD Ventures Acquired Strong
51 Tessera Therapeutics Gene writing medicines $580M 3 April 2022 $300M+ Series C ADIA, T. Rowe Price, SoftBank Vision Fund 2 Active Strong
52 HawkEye 360 RF satellite intelligence $560M 8 March 2026 $23M Later financing NightDragon, Insight Partners, BlackRock Active Partial
53 Xanadu Photonic quantum computers $552M 5 March 2026 $302M IPO / de-SPAC Crane Harbor, Georgian, Bessemer IPO Strong
54 Insilico Medicine AI drug discovery $518M 5 June 2025 $123M Series E Value Partners, Warburg Pincus, Qiming Active Strong
55 Oxford Quantum Circuits Superconducting quantum computers $499M 4 June 2026 $350M Series C Bullhound Capital, British Business Bank, Chevron Active Full
56 GreyOrange Warehouse robotics automation $480M 7 February 2025 $55M Unattributed VC Anthelion Capital, Mithril, BlackRock Active Partial
57 Stoke Space Fully reusable launch vehicles $480M 4 January 2025 $260M Series C Breakthrough Energy Ventures, Glade Brook, Industrious Ventures Active Full
58 eGenesis Gene-edited transplant organs $454M 4 September 2024 $191M Series D Lux Capital, ARCH Ventures, Khosla Ventures Active Strong
59 d-Matrix AI inference chips $450M 4 November 2025 $275M Series C Bullhound Capital, Triatomic Capital, Temasek Active Strong
60 Exotec Warehouse automation robots $446M 4 January 2022 $335M Series D Goldman Sachs, Bpifrance, 83North Active Strong
61 Metagenomi Gene editing therapeutics platform $444M 5 February 2024 $94M IPO J.P. Morgan, Jefferies, TD Cowen IPO Full
62 Locus Robotics Warehouse autonomous mobile robots $437M 7 November 2022 $117M Series F Goldman Sachs, G2VP, Stack Capital Active Strong
63 Colossal Biosciences De-extinction genetic engineering $435M 4 January 2025 $200M Series C TWG Global, Thomas Tull, Mark Walter Active Full
64 Isar Aerospace Small satellite launch vehicles $418M 5 June 2024 $70M Series C extension NATO Innovation Fund, Porsche SE, Earlybird Active Strong
65 Boston Metal Green steel electrolysis technology $407M 4 May 2026 $75M Growth equity ArcelorMittal, Breakthrough Energy Ventures, Tata Steel Active Partial
66 True Anomaly Space security systems $390M 4 April 2025 $260M Series C Accel, Meritech, Eclipse Active Partial
67 Hailo Edge AI chips $341M 6 April 2024 $120M Series C extension Poalim Equity, OurCrowd, ABB Technology Ventures Active Full
68 Pasqal Neutral-atom quantum computers $335M 3 March 2026 $196M Private equity CMA CGM, Quanta Computer, LG Electronics Active Strong
69 Loft Orbital Space infrastructure as a service $326M 3 January 2025 $170M Series C Tikehau Capital, Axial Partners, Bpifrance Active Strong
70 Lilac Solutions Direct lithium extraction technology $316M 4 February 2024 $145M Series C Mercuria, Lowercarbon Capital, BEV Active Strong
71 D-Wave Quantum Quantum computing systems $296M 14 August 2022 $40M PIPE PSP Investments, Goldman Sachs, NEC IPO Partial
72 Dexterity Warehouse robotics automation $291M 3 March 2025 $95M Venture Round Lightspeed, Sumitomo, Kleiner Perkins Active Partial
73 Rigetti Computing Superconducting quantum computers $278M 7 April 2025 $35M Post-IPO Equity Quanta Computer IPO Strong
74 AMP Robotics Automates recycling sortation $268M 5 December 2024 $91M Series D Congruent Ventures, Liberty Mutual, Sequoia Active Strong
75 Mammoth Biosciences CRISPR gene editing tools $263M 4 September 2021 $150M Series D Redmile Group, Foresite Capital, Mayfield Active Strong
76 Quantum Machines Quantum control systems $263M 5 February 2025 $170M Series C PSG Equity, Intel Capital, Red Dot Capital Active Full
77 Infleqtion Atom-based quantum systems $249M 4 June 2025 $100M Series C Glynn Capital, Counterpoint Global, S32 Active Strong
78 QuEra Computing Neutral-atom quantum computers $247M 4 September 2025 Undisclosed Series B Extension NVentures, SoftBank Vision Fund 2, Google Active Partial
79 Unitree Robotics Humanoid and quadruped robots $237M 6+ June 2025 $98M Series C Tencent, Alibaba, Ant Group Active Partial
80 Fourier Intelligence Rehabilitation and humanoid robots $234M 5 August 2025 $42M Series E extension Runyang Technology, Prosperity7, Guoxin Investment Active Partial
81 Covariant AI warehouse robotics $222M 5 April 2023 $75M Series C Extension Radical Ventures, Index Ventures, CPP Investments Acquired Full
82 D-Orbit Space logistics services $219M 5 January 2026 $53M Series D Azimut Group, Seraphim Space, CDP Venture Capital Active Partial
83 Mujin Industrial robot automation $218M 2 December 2025 $133M Series D NTT Group, Qatar Investment Authority, Salesforce Ventures Active Partial
84 The Exploration Company Reusable space capsules $210M 3 November 2024 $160M Series B Balderton, Plural, Bessemer Active Full
85 Alif Semiconductor Makes edge AI chips $186M 3 March 2022 $113M Series C Lightspeed Venture Partners, WRVI Capital, Kleiner Perkins Active Partial
86 Atom Computing Neutral-atom quantum computers $180M 4 June 2026 $100M Series C Third Point Ventures, DCVC, Cisco Investments Active Strong
87 Classiq Quantum software platform $180M 5 November 2025 Undisclosed Series C Extension Entrée Capital, SoftBank, CDP Venture Capital Active Strong
88 Capella Space SAR earth observation satellites $176M 8 January 2023 $60M Growth equity NightDragon, Spark Capital, DCVC Acquired Partial
89 Kneron Edge AI chips $170M 5 September 2023 $49M Series B extension Foxconn, HH-CTBC, Alltek Active Partial
90 ANYbotics Builds inspection robot dogs $152M 4 September 2025 $20M Series B extension Bessemer, NGP Capital, Qualcomm Ventures Active Strong
91 Collaborative Robotics Practical collaborative robots $140M 3 April 2024 $100M Series B General Catalyst, Sequoia, Khosla Ventures Active Full
92 Alice & Bob Builds quantum computers $137M 3 January 2025 $104M Series B Future French Champions, AVP, Bpifrance Active Full
93 Riverlane Quantum error correction chips $118M 4 August 2024 $75M Series C Planet First Partners, ETF Partners, EDBI Active Full
94 Sanctuary AI General-purpose humanoid robots $100M 4+ January 2025 $3M Later VC / Strategic Workday Ventures, BDC, InBC Active Partial
95 Quandela Photonic quantum computers $71M 3 November 2023 $54M Series B Serena, Crédit Mutuel Innovation, EIC Fund Active Strong
96 SEEQC Quantum computing chips $64M 13 January 2025 $30M Series A Extension NordicNinja, Booz Allen Ventures, SIP Capital Active Partial
97 Universal Quantum Scalable quantum computers $5M 1 June 2020 $5M Seed Hoxton Ventures, Village Global, 7percent Ventures Active Partial
98 Astrobotic Builds lunar robotics $3M 1 May 2016 $3M Seed Space Angels Network Active Low

Key funding trends in the deep tech market

Insights

  • The top 10 deep tech startups capture about 67.7% of all identified funding, showing how strongly capital concentrates around infrastructure-scale platforms.
  • SpaceX is a major outlier, but the deep tech market is still highly concentrated without it, with Cerebras Systems, IonQ, Isomorphic Labs, and Ginkgo Bioworks all above $2B.
  • Quantum computing has become one of the deepest funding pools in deep tech, with major capital spread across hardware, control software, error correction, and enabling systems.
  • AI chips and compute infrastructure are a clear investor priority, with Cerebras Systems, Groq, SambaNova Systems, Tenstorrent, Lightmatter, and SiFive all reaching large funding totals.
  • Humanoid and general robotics funding is accelerating, with Physical Intelligence, Figure AI, Skild AI, Apptronik, Agility Robotics, and Unitree Robotics showing strong investor appetite.
  • Biotech remains one of the broadest deep tech categories, with large rounds across AI drug discovery, cell therapy, gene editing, antibody discovery, and synthetic biology platforms.
  • Space infrastructure is no longer only about launch, as investors are also funding satellites, space stations, space logistics, lunar systems, and in-orbit services.
  • Climate-focused deep tech remains resilient, with Redwood Materials, Form Energy, Sila Nanotechnologies, Lyten, Lilac Solutions, and AMP Robotics covering batteries, materials, lithium, and recycling.
  • Large rounds are common even before traditional late-stage maturity, which suggests deep tech investors increasingly accept long timelines when the platform opportunity is large enough.
  • Strategic investors appear often in the deep tech ranking, especially Google, NVIDIA, SoftBank, Fidelity, T. Rowe Price, GV, and major industrial groups.

A few word about our methodology

As you can see, we built a database that ranks startups in the deep tech market based on their total cumulative fundraising. To create this ranking, we reviewed many sources and cross-checked information across multiple places.

Whenever possible, we prioritized official company communications, since official announcements are usually the most reliable source for funding amounts. When those were not available, we relied on reputable industry sources such as TechCrunch, Crunchbase, Financial Times or Forbes, to name a few.

We excluded random blogs, unverified websites, and any sources that could not be validated.

When funding rounds were announced in other currencies such as euros, Swiss francs, Singapore dollars, Australian dollars, or rupees, we converted them into approximate USD equivalents for consistency.

Sometimes different sources report slightly different numbers, or the exact round size is not fully disclosed. In those cases, we flag the uncertainty and assign a confidence label to each startup, visible in the last column.

Here is what they mean.

Full confidence: The company’s equity fundraising history can be reconstructed completely from public sources. The rounds, dates, amounts, and key investors are clearly identified, with no meaningful gaps.

Strong confidence: The fundraising history is largely complete and reliable. There may be a small missing detail, such as incomplete investor information or a minor round with limited data, but the overall record is clear.

Partial confidence: The main fundraising rounds can be identified, but the record is incomplete or somewhat mixed. Some rounds may be missing or certain funding events may be difficult to separate clearly.

Low confidence: Public information is too limited, inconsistent, or ambiguous to reliably reconstruct the company’s equity fundraising history.

When the confidence level is too low, we take a conservative approach and may exclude the company from future versions of the ranking. We don’t want to include data that cannot be reliably verified.

In a world where LLMs hallucinate and unreliable information is everywhere, our goal is simple: provide data you can trust.

If you want the full detail on a specific calculation, feel free to contact us and we will gladly explain.

Finally, know that we update the dataset once per month, so come back here if you need fresh information.

Who is the author of this content?

NEW MARKET PITCH TEAM

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How we created this content 🔎📝

At New Market Pitch, we kept seeing the same problem: when you look at a new market, the data is either missing, paywalled, or buried in 300-page reports that feel like they were written in the 80s. On the other side, LLMs and random blog posts give you confident answers with no sources, and sometimes they just make things up. That’s not good enough when you’re about to invest real money or launch a company.

So we decided to fix the experience. For each market we cover, we build a structured database and update it on a regular basis. We track funding rounds, fund memos, M&A moves, partnerships, new products, policy changes, and the real activity of startups and incumbents. Then we turn all of that into a clear “market pitch” that shows where the opportunities are and how people actually win in that space.

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