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SVTR AI VENTURE DATABASE

US & China AI funding recap, March 2026

In March 2026, the SVTR AI Venture Database recorded these confirmed AI startup funding rounds: US: 181 rounds, $136B disclosed in total; China: 83 rounds, $3.1B disclosed in total. The largest US round was OpenAI's $122B (Undisclosed). The largest China round was 月之暗面's $700M (Series C).

US: 5 largest rounds

  1. OpenAIUndisclosed2026-03$122B
  2. Shield AISeries D+2026-03$2.0B
  3. Saronic TechnologiesSeries D+2026-03-31$1.8B
  4. WhoopSeries D+2026-03-31$575M
  5. MatXSeries B2026-03$500M

US: most active investors this month

  1. 1Y Combinator19 deals
  2. 2General Catalyst15 deals
  3. 3Andreessen Horowitz11 deals
  4. 4Menlo Ventures8 deals
  5. 5Sequoia Capital7 deals

China: 5 largest rounds

  1. 月之暗面Series C2026-03$700M
  2. 银河通用机器人Series B2026-03$347M
  3. 神玑技术Series A2026-03$329M
  4. 松延动力Series B2026-03$139M
  5. 玻色量子Series B2026-03$139M

China: most active investors this month

  1. 1HongShan6 deals
  2. 2中芯聚源5 deals
  3. 3Baidu Ventures4 deals
  4. 4东方嘉富4 deals
  5. 5Inno Angel Fund3 deals

Scope

Only confirmed rounds in the SVTR AI Venture Database count (rumored rounds excluded), grouped by announcement month.

US and China are defined by the portfolio company's headquarters country; China includes Hong Kong, Macau and Taiwan.

Amounts are disclosed amounts, converted to USD at public rates; rounds with undisclosed amounts count toward deal numbers but not totals.

For investors, each round joined counts as one deal, lead or follow-on alike.

MethodologyQuery the funding database