Newsletter Edition

The AI Funding Brief — February 2026 AI Funding Roundup

A record-breaking month with $3.5B+ raised across 12 major deals. Anthropic, Perplexity, and Lovable lead the pack.

Mar 1, 2026
Monthly Roundup
Share
$3.3B
Total Raised
5
Deals
$652M
Avg Deal

Top Deals

1
Anthropic
Series D
$2.0B — Led by Lightspeed Venture Partners

AI safety company building reliable, interpretable, and steerable AI systems. Creator of Claude, a frontier large language model known for advanced reasoning, coding, and analysis. Anthropic pioneered Constitutional AI for model alignment and leads research in mechanistic interpretability. A top competitor in the foundation model race alongside OpenAI and Google DeepMind.

2
Perplexity
Series C
$500M — Led by Thrive Capital

AI-powered answer engine that combines large language models with real-time web search to deliver cited, conversational answers. Backed by Jeff Bezos and NVIDIA.

3
Cyera
Series D
$300M — Led by Coatue Management

AI-powered data security platform that discovers, classifies, and protects sensitive data across cloud, SaaS, and on-premise environments. Cyera uses AI to automatically map an organization's entire data landscape, identify exposure risks, and enforce security policies. A fast-growing leader in the data security posture management (DSPM) category serving major enterprises.

4
Glean
Series E
$260M — Led by Khosla Ventures

AI-powered enterprise search and knowledge management platform that connects and understands all company applications and data. Glean indexes content across SaaS tools like Slack, Google Workspace, Confluence, and Salesforce to deliver personalized search results and AI-generated answers. Rapidly adopted by large enterprises as an internal knowledge assistant and AI work hub.

5
Lovable
Series B
$200M — Led by Benchmark

AI-powered full-stack web app builder that generates production-ready apps from natural language prompts. Lovable lets non-technical users describe an app idea and instantly get a working prototype with frontend, backend, database, and authentication. One of the fastest-growing AI developer tools in Europe, representing the vibe-coding movement in software creation.

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