What is Series B?

The second major round of venture funding, focused on scaling the business to a larger market.

Series B funding is the second major round of institutional venture capital, typically raised when a company has proven its business model and needs capital to scale operations, expand into new markets, and accelerate growth.

Series B rounds typically range from $15 million to $50 million, with valuations between $50 million and $200 million. At this stage, companies are expected to have significant revenue, a proven go-to-market engine, and clear competitive advantages.

What Series B Funds

  • Scaling sales and marketing teams
  • Geographic or market expansion
  • Product line extensions
  • Infrastructure and technology investments
  • Key executive hires (VP Sales, CFO, CTO)

Full Series B guide · the Series B rounds we track are listed below.

Datapile · Round

Series B rounds

$28.1B raised across 168 disclosed Series B deals.

Latest round · Sep 23, 2026 · RSS

Total raised
$28.1B
Rounds
168
Countries
23
168 results
Cumulative USD raised · weekly
Geography · click to filter
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DateCompanyAmountRoundSectorCountryLead investors
Sep 23, 26Ema
Ema provides an enterprise platform for agentic AI Employees designed to automate work across HR, IT, and Finance. The company's AI Employees are deployed in production at Fortune 500 scale, handling millions of interactions annually and integrating with existing enterprise systems. This Series B funding will be used to scale their go-to-market organization and further develop the platform.
$77.0MSeries BAIUnited StatesCreaegis, Accel, S32+1
Sep 23, 26Confido
Confido provides an AI platform designed to connect accounting, finance, sales, and operations for consumer packaged goods (CPG) companies. Their software automates back-office burdens like deductions, trade promotions, and forecasting, allowing brands to scale without increasing administrative overhead. This Series B funding will expand their AI automation capabilities and platform infrastructure.
$55.0MSeries BAIUnited StatesInsight Partners, Trenches Capital, Watchfire+3
Sep 21, 26HEO
HEO develops and deploys cameras in space to inspect and monitor satellites for allied nations, with applications in both commercial and defense sectors. The company has secured a significant Series B funding round and a major contract to expand its surveillance network, particularly into Geostationary Earth Orbit (GEO).
$37.0MSeries BDeepTechAustraliaBeaten Zone Venture Partners, National Reconstruction Fund (NRF), Airtree+5
Sep 19, 26Ryft
Ryft is a Manchester-based payments company that builds payment solutions for marketplaces, platforms, and multi-location businesses. They help manage seller onboarding and complex transaction flows through a single integration. This Series B funding will support their expansion into Europe and the US, accelerate product development, and move upmarket.
$25.0MSeries BFintechUnited KingdomGresham House Ventures, Pembroke VCT, Ingenii Capital+1
Sep 18, 26Mazama Energy
Mazama Energy is a geothermal startup developing technology to generate clean electricity from superhot rocks. The company aims to provide continuous, carbon-free power for data centers and other energy-intensive operations. This Series B funding will enable the development of horizontal wells capable of generating significant electricity per well.
$135.0MSeries BClimateTechUnited StatesCentaurus Capital, Doerr Capital, ConocoPhillips+5
Sep 18, 26Luzern Risk
Luzern Risk has raised $45 million in a Series B funding round to scale its AI-native captive insurance platform. The company aims to make captive insurance simpler and faster to deploy for mid-market companies facing rising traditional insurance premiums. Their platform handles the entire lifecycle of a captive, from evaluation and formation to ongoing management.
$45.0MSeries BAIUnited StatesInsight Partners, Trust Ventures, Caffeinated Capital
Sep 18, 26Adaptive
Adaptive is developing agentic accounting software for the construction industry. This funding round aims to advance their technology and expand their reach within the sector. The company focuses on automating financial processes for construction businesses.
$30.0MSeries BFintechUndisclosedTidemark
Sep 18, 26MIND Security
MIND Security is an Israeli cybersecurity startup specializing in data loss prevention (DLP) software. Their AI-based platform identifies sensitive corporate data and prevents leaks across applications, endpoints, and AI agents, addressing the challenges posed by generative AI. The company has raised $72 million in Series B funding, bringing its total to over $112 million, to expand its AI capabilities and product development teams.
$72.0MSeries BCybersecurityIsraelCrosspoint Capital Partners, YL Ventures, Paladin Capital Group
Sep 17, 26Multiply Labs
Multiply Labs has raised $75 million in Series B funding to scale its robotic manufacturing platform for cell and gene therapies and advanced biologics. The company builds robotic clusters that integrate with existing pharmaceutical equipment to automate biomanufacturing, claiming significant cost reductions and throughput increases. The capital will be used to expand manufacturing capacity and accelerate product development towards commercial-scale production.
$75.0MSeries BDeepTechUndisclosedUndisclosed
Sep 16, 26Arcee
Arcee is a US enterprise AI startup that builds open-weight models, allowing companies to run advanced AI without sharing data with providers like OpenAI. They have raised $150 million in a Series B round at a $1 billion pre-money valuation to develop new models and products, aiming to compete with China in the open-weight AI space.
$150.0MSeries BAIUnited StatesVista Equity Partners, Cambium Capital, Emergence Capital+5
Sep 09, 26Split Pay
Split Pay is a fintech startup that helps users manage their paychecks and bills by fronting up to 50% of a bill for up to 30 days, bridging the gap between monthly bills and bi-weekly paychecks. They have raised $125 million across Series A and B rounds, with Khosla Ventures leading both, to further develop their AI-driven underwriting and expand their services.
$125.0MSeries BFintechUnited StatesKhosla Ventures, Thrive Capital, Max Levchin
Sep 07, 26Immediate
Immediate has raised $13 million in Series B funding led by BankTech Ventures to expand from an employer-focused earned wage access platform into a broader financial infrastructure company. The capital will accelerate product development, expand strategic partnerships, and grow its private-label Embedded EWA platform for financial institutions. Immediate aims to connect employers, employees, and financial institutions around liquidity and financial wellness.
$13.0MSeries BFintechUnited StatesBankTech Ventures, Castle Creek Launchpad, BankSouth+1
Sep 05, 26XDOF$1.2BSeries BUndisclosedUndisclosedUndisclosed
Sep 05, 26Gimlet Labs
Gimlet Labs provides AI inference infrastructure by building software and infrastructure that allows multiple types of processors to work together. Their platform supports hardware from six semiconductor manufacturers, breaking down AI workloads into stages that can be routed to the most suitable processor for cost and speed optimization. The company is also expanding into data center infrastructure to support its multi-silicon approach.
$300.0MSeries BAIUnited StatesAndreessen Horowitz, Arm Holdings, Microsoft’s venture capital arm M12+1
Sep 04, 26iPronics
iPronics is a Valencia-based company specializing in silicon photonics-based optical circuit switching for AI infrastructure. The company aims to accelerate the commercialization of optical networking solutions, enabling data centers to fully utilize their GPUs without compromising performance.
$125.0MSeries BDeepTechSpainMaverick Silicon, Light Street Capital, NVIDIA+5
Sep 03, 26Superluminal Medicines
Superluminal Medicines is a biotechnology company using AI and machine learning for drug discovery. They focus on rare genetic forms of obesity and hypothalamic obesity. This Series B funding will advance their lead program for rare genetic forms of obesity toward a first clinical trial.
$60.0MSeries BHealthUnited StatesBVF Partners, L.P., Deep Track Capital, Perceptive Advisors+5
Sep 03, 26Comet
Comet is a company that has recently secured funding to enhance its operations. It focuses on providing innovative solutions in the consumer technology space. This Series B funding round will help Comet expand its market reach and improve its offerings.
$11.8MSeries BConsumerTechIndiaVerlinvest
Sep 02, 26HiddenLayer
HiddenLayer is an AI security startup that provides tools to protect AI models, agents, and workflows from adversarial attacks, vulnerabilities, and malicious code injections. The company primarily serves financial services and large tech companies, and has contracts with the Department of Defense and intelligence community. This funding round will help expand their sales and distribution efforts as they grow their product offerings.
$100.0MSeries BAIUnited StatesDelta-v Capital, Ten Eleven Ventures, Morgan Stanley+2
Sep 01, 26Felix Pago
Felix Pago is a fintech company that specializes in payment solutions. It aims to streamline transactions for businesses, making it easier for them to manage payments efficiently. The recent $200 million Series B funding will help accelerate its growth and expand its offerings.
$200.0MSeries BFintechUndisclosedUndisclosed
Sep 01, 26Smack Technologies
Smack Technologies is a defense startup focused on integrating artificial intelligence into wearable devices for military applications. Their flagship product, Alpha, is a wrist-worn device designed to provide real-time data to operators in the field, enhancing decision-making capabilities. The recent $61 million funding will support the development of this innovative technology.
$61.0MSeries BDeepTechUnited StatesUndisclosed
Sep 01, 26VAST
VAST has raised $446 million across its Series B and B+ funding rounds to address the high upfront costs of building complex AI 3D models. The company aims to revolutionize the generative AI 3D industry by providing the necessary infrastructure and computational power, which is currently a significant bottleneck for developers and creators.
$446.0MSeries BAIUndisclosedVision Partners China, Perfect World, BlueFocus+4
Aug 30, 26Quaise Energy
Quaise Energy is an American startup focused on developing superhot geothermal energy technology. The company aims to drill deep into the earth to create wells that can reach temperatures between 300 °C and 500 °C, significantly increasing the energy output compared to traditional geothermal methods. This funding round will support their Obsidian Project in Oregon, which seeks to establish the world's first commercial superhot geothermal plant.
$180.0MSeries BClimateTechUnited StatesPrelude Ventures, JERA, Idemitsu Kosan+1
Aug 29, 26Even Healthcare
Even Healthcare is a healthtech startup focused on expanding its managed-care hospital network and enhancing integrated healthcare delivery. The company aims to leverage digital technologies, including AI-powered tools, to improve healthcare services and telemedicine capabilities.
$22.0MSeries BHealthIndiaKhosla Ventures, DLB Ventures, Simon Fiduciaria+2
Aug 29, 26Instinct
Instinct is an AI personal assistant startup that has developed a system capable of connecting with users' applications and devices to perform everyday tasks. The company targets consumers looking for a more efficient way to manage their daily activities through AI technology. This funding round highlights the growing investor interest in AI agents that can autonomously complete tasks rather than just serve as conversational chatbots.
$250.0MSeries BAIUnited StatesBenchmark, Index Ventures
Aug 28, 26Yardstik
Yardstik offers a Human Trust Platform that integrates background screening, identity verification, fraud detection, and continuous post-hire monitoring. The company targets businesses looking to enhance workforce protection beyond initial hiring checks. This funding round will support the development of additional monitoring services and automated alerts.
$30.0MSeries BSaaSUnited StatesHarbert Growth Partners, Rally Ventures, MissionOG+3
Aug 26, 26Breedr
Breedr is a platform that develops digital records for livestock management. It aims to bring more ranchers and farmers onto its platform to capture valuable data points, including genomic data. The recent funding will help Breedr expand its operations globally.
$24.3MSeries BOtherUnited KingdomPartech, Latitude, Phoenix Court+2
Aug 26, 26Standard Metrics
Standard Metrics is an AI-driven portfolio management platform designed for venture capital and private equity firms. The company aims to resolve inefficiencies in investor relations across private markets by providing tools for portfolio performance and investment data. This funding round will help expand its AI capabilities and reach a wider base of private market investors.
$20.0MSeries BFintechUnited States8VC, Salesforce Ventures, Spark Capital+5
Aug 25, 26Stability AI
Stability AI is a generative AI company that develops creative tools for producers, musicians, and storytellers. The company focuses on building industry-defining technology alongside artists and rights holders, emphasizing the use of responsibly trained generative AI models. This funding round will help expand its product suite and professional services.
$76.0MSeries BAIUnited StatesUniversal Music Group, Sony Music Group, Warner Music Group+5
Aug 24, 26Generalist AI
Generalist AI is developing embodied AI foundation models that provide robots with flexible, general-purpose intelligence for real-world tasks. The company targets sectors such as manufacturing, logistics, and healthcare, aiming to revolutionize how robots operate in various environments. With a total capital raised exceeding $650 million, Generalist AI is rapidly advancing in the competitive field of AI robotics.
$200.0MSeries BRoboticsUnited States8VC
Aug 24, 26Xenter
Xenter is a TechMed company that has developed a healthcare intelligence platform for diagnostic evaluation and wireless medical devices. It focuses on capturing Physical Intelligence data over its XenFi wireless ecosystem, aiming to transform healthcare data utilization in hospitals and physicians' offices.
$58.3MSeries BHealthUnited Statesexisting shareholders, prominent family offices, healthcare investors
Aug 23, 26AllHome
AllHome is a home improvement startup founded by the creators of PharmEasy. The company aims to build a house-of-brands model, focusing on manufacturing across various home improvement products, which allows for better control over quality and pricing.
$20.9MSeries BConsumerTechIndiaBessemer Venture Partners, Stride Ventures
Aug 18, 26Wellinks
Wellinks is a leader in cardiopulmonary care, focusing on predictive care solutions for chronic respiratory diseases. The company aims to expand patient access to its FDA-cleared Spire Remote Patient Monitoring System, which helps identify early physiologic changes associated with clinical deterioration.
$10.0MSeries BHealthUnited StatesUMass Memorial Health, inside investors
Aug 18, 26Computomics
Computomics is a Tübingen-based BioTech research company that builds machine learning models to forecast how specific genotypes will perform under various environmental conditions. Their climate-smart breeding platform helps crop breeders improve resilience against heat and drought, addressing the challenges posed by climate change on agricultural yields.
$6.7MSeries BClimateTechGermanyConvent Capital Agri Food Fund, High-Tech Gründerfonds (HTGF), MBG Baden-Württemberg+1
Aug 18, 26SweGaN
SweGaN is a DeepTech company specializing in the design, development, and manufacturing of gallium nitride on silicon carbide (GaN-on-SiC) epitaxial wafers. The company serves diverse market sectors, including telecommunications and electric vehicles, and is notable for its patented growth technologies that enhance device performance and reduce energy consumption.
$14.0MSeries BDeepTechSwedenThisbe AB, North Ventures
Aug 17, 26Wispr
Wispr is a startup known for its AI dictation tool, which has recently expanded into new areas such as meeting note-taking. The company aims to improve speech understanding quality and has raised significant funding to enhance its product offerings and market presence.
$280.0MSeries BAIUnited StatesMenlo Ventures, Notable Capital, NEA+5
Aug 15, 26Commonwealth Fusion Systems
Commonwealth Fusion Systems (CFS) is focused on developing fusion power technology to generate nearly limitless energy. The company is building Sparc, a power plant designed to achieve scientific breakeven by 2027, and has raised a total of $3.94 billion in funding to date.
$1.0BSeries BClimateTechUnited StatesBreakthrough Energy Ventures, The Engine, Bill Gates
Aug 14, 26InduPro
InduPro is a biotechnology company focused on defining membrane protein spatial relationships to create novel therapeutics for cancer and autoimmune diseases. The company is advancing its lead oncology program, IDP-001, which is currently in a Phase 1 clinical study targeting advanced squamous non-small cell lung cancer and other solid tumors. This funding round will support the clinical development and proof-of-concept data generation for IDP-001.
$77.0MSeries BHealthUnited StatesThe Column Group, Vida Ventures, MRL Ventures Fund+5
Aug 13, 26Ranchbot
Ranchbot is a ranch tech startup that focuses on innovative solutions for the agricultural sector. The company has recently raised over $15 million in a Series B funding round to accelerate its global growth and establish a U.S. holding company. This funding will help Ranchbot enhance its technology offerings and expand its market reach.
$15.0MSeries BOtherUnited StatesLewis & Clark Partners
Aug 13, 26Farmbot
Farmbot is an agtech company that provides a remote water and asset monitoring platform for livestock farms. It serves over 12,000 customers globally, managing millions of cattle and sheep, and aims to simplify water management for farmers through innovative technology.
$22.0MSeries BAgTechUnited StatesLewis & Clark Partners, Fulcrum Global Capital, Builders VC+3
Aug 13, 26Graas
Graas is a company that specializes in providing product data solutions. It targets businesses looking to enhance their product information management and analytics capabilities. The recent funding round will help Graas expand its offerings and capabilities in the product data space.
$17.0MSeries BOtherSingaporeUndisclosed
Aug 12, 26Heaviside
Heaviside is a precision munitions startup focused on developing autonomous precision munitions for U.S. and allied forces. The company aims to improve the accuracy and production speed of munitions, addressing the growing demand for effective military solutions. With a recent $60 million Series B funding round, Heaviside is positioned to scale its operations and enhance its product offerings.
$60.0MSeries BDefenseUnited StatesFelicis, Hedosophia, Menlo Ventures+5
Aug 12, 26Yuno
Yuno is a payments infrastructure company that connects businesses to over 1,000 payment methods across 190 countries through a single API. The company aims to establish itself as a regional hub in the Gulf Cooperation Council (GCC) while providing AI-powered solutions for financial services. This funding round will help Yuno scale its operations and enhance its offerings to meet customer growth.
$45.0MSeries BFintechColombiaGlobal PayTech Ventures, Andreessen Horowitz, Tiger Global+5
Aug 12, 26Vaderis
Vaderis is a biotechnology company focused on developing treatments for rare diseases, specifically hereditary hemorrhagic telangiectasia (HHT). The company has recently closed a $152 million Series B financing round to support the advancement of its investigational therapy, engasertib, which targets the underlying causes of HHT. This funding will enable Vaderis to conduct a Phase III clinical trial for this promising treatment option.
$152.0MSeries BHealthSwitzerlandLife Sciences at Goldman Sachs Alternatives, TCGX, Omega Funds+5
Aug 12, 26Blacksmith
Blacksmith is a cloud platform that specializes in validating code, providing infrastructure and software solutions for faster code validation. The company has seen significant growth, expanding its customer base from 800 to over 6,000 as demand for efficient code validation increases due to the rise of AI-generated code.
$45.0MSeries BAIUnited StatesPeak XV Partners, Y Combinator, GV
Aug 12, 26FA Gifts Private Limited
FA Gifts Private Limited operates online gifting platform FlowerAura and bakery brand Bakingo. The company focuses on providing a wide range of gifting products and customized cakes, aiming to be a leading national brand in the gifting and bakery sector.
$12.0MSeries BConsumerTechIndiaFaering Capital International Growth Fund III, Faering Capital Growth Fund III
Aug 10, 26Bakingo
Bakingo is a company that specializes in delivering freshly baked goods. It caters to consumers looking for quality baked products, and this funding round will help expand its offerings and reach.
$12.0MSeries BConsumerTechIndiaUndisclosed
Aug 09, 26Xiangdixian Computing Technology
Xiangdixian Computing Technology is a Chinese GPU developer focused on high-performance chip design. The company is raising funds to advance its next GPU generation based on the 'Shennong' architecture, aiming for mass production and a public listing in 2026. This funding round is significant as it ranks in the 98th percentile of Chinese semiconductor Series B rounds.
$200.0MSeries BDeepTechChinaWise Road Capital, Junxin Investment, Guangzhou Guangdong-Hong Kong Fund
Aug 06, 26Expedition Therapeutics
Expedition Therapeutics is a biotechnology company focused on developing innovative therapies for chronic obstructive pulmonary disease (COPD). The company is notable for its lead therapy, EXPD-101, which targets inflammation in the lungs, aiming to intervene earlier in the disease process rather than just alleviating symptoms. The recent $115 million Series B financing will support the launch of a global Phase 2 clinical trial for this treatment.
$115.0MSeries BHealthUnited StatesGeneral Atlantic, RA Capital, Vivo Capital+5
Aug 06, 26JPYC
JPYC is a company that operates a yen-pegged stablecoin, aiming to facilitate digital transactions in Japan. The recent funding round will help accelerate its expansion and adoption among businesses, including major clients like Amazon Japan. This round marks a significant step in the corporate use of stablecoins for daily operations in Japan.
$38.0MSeries BCryptoJapanAZ-COM Maruwa
Aug 06, 26Acrab
Acrab is a Singapore-headquartered AI infrastructure startup developing a full-stack AI computing platform. The company combines custom-designed silicon, edge AI models, and software orchestration to enable AI agents to operate and execute tasks in real time. With this funding, Acrab aims to scale production and accelerate the development of its next-generation AI computing platform.
$130.0MSeries BAISingaporeVertex Ventures Southeast Asia & India, Vertex Growth
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Series B funding rounds · $28.1B across 168 deals | Datapile