Follow the latest coverage, related explainers and connected technology stories.
Four U.S. startups each raised $1 billion or more during a single week, led by The Boring Co. with a $3 billion round, followed by Cognition, Motive, and Stoke Space. The major rounds also covered artificial intelligence, semiconductors, solar energy, defense technologies, and space.
Startups worldwide raised $42 billion during August 2026, up 122% year over year despite a 25% decline from July. Billion-dollar deals continued, with capital concentrated in a limited number of fast-growing companies, most notably Databricks, which reached a valuation of $190 billion.