🟦 $1B Spatial Models, $700M Frontier LLMs and $300M Chip-Backed Debt set the tone & more | Deep Tech Capital Movements 58
The Week’s State of Deep Tech Capital: who’s Raising, who’s Betting, and why.
Welcome back to Deep Tech Capital Movements.
Each week, we monitor Deep Tech capital flows across the globe – startup rounds by geography, sector, and technology, plus new and closing funds – and turn that flow into a reference point for dealflow, benchmarking, and strategic focus.
Greetings!
In this edition, 58 deep tech capital events were tracked: 50 new company financings and 8 fresh funds and investment vehicles aimed at deep tech. The tape runs from a £357,500 pre-seed for NHS-native medical imaging data infrastructure in Wales to a $1 billion growth round for spatial world models in California, plus a $700M+ Chinese frontier model round and a $300M AMD-guaranteed loan package for AI accelerators.
To put those numbers into context and support clear reading of this week’s capital formation, the rounds are organized into three charts that show where money actually moved.
The first chart shows where capital actually landed this week: a concentration of the largest equity and debt checks in North America and China, a dense band across Europe and the U.K., and visible poles in India and selected emerging markets. It’s a quick way to see the geographic balance of deep tech risk-on behavior for the week.
The second chart rearranges the same financings by sector, stacking them from the most to the least capitalized. It highlights how semiconductors, AI infrastructure and power hardware sit at the top, with materials, energy transition, robotics, space, bio and security forming the middle, and AI software and vertical infrastructure as the base. This gives an immediate read on which parts of the deep tech stack investors are leaning into most aggressively.
The third chart isolates the five largest financing events of the week and places them against the long tail of smaller rounds. It frames the upper tier of this week’s risk appetite – spanning world models, large AI chips and power hardware – while hinting at how much of the remaining activity is happening in $10–$60M A/B rounds and concentrated seeds that may become tomorrow’s outliers.
The sections that follow present the full tracking of this week’s activity together with a detailed analysis of the companies, technologies and dynamics behind these numbers.
Enjoy the read!
WEEK 8, 2026
An analysis of global deep tech capital movements over the past week.
🟦 Plants, Powertrains, and Payloads in the Capital Markets
Over the past week startup rounds span the full stack from semiconductors, AI infrastructure, and power electronics to climate and energy systems, advanced materials, robotics, biotech, space, and defense.
New funds add dedicated capital for quantum, physical AI, climate hardware, and industrial platforms in the United States, Europe, and India.
The stage profile shows a mid-stage spine.
Pre-seed activity represents 10% of rounds and seed 20%. Series A takes