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Foundation Models startups (2026)

65 foundation models startups tracked, with the largest concentration in US. Total tracked funding: $293.0B.

🚀
Startups
65
💰
Total raised
$293.0B
🌐
Countries
12
🎟️
Active deals
0

Funding by year — Foundation Models

2019 → 2026
$11M
'19
$1.5B
'21
$1.1B
'22
$23.8B
'23
$27.5B
'24
$80.4B
'25
$156.3B
'26

Top countries

By startup count

Stage breakdown

Latest round type
  • Series B 10
  • Series E 5
  • Series C 5
  • Series A 4
  • Series G 2
  • Strategic 1
  • Series F 1
  • Series E ext 1

Top investors backing Foundation Models

See all →

Top Foundation Models startups by score

View all 65 →
# Company Location Funding Score
1 Ineffable Intelligence London, GB $1.1B
85
2 Anthropic San Francisco, US $67.6B
82
3 OpenAI San Francisco, US $193.3B
80
4 Magic San Francisco, US
80
5 Perplexity San Francisco, US $2.0B
76
6 Liquid AI Boston, US $300M
75
7 Black Forest Labs Freiburg, DE
75
8 Mistral AI Paris, FR $6.3B
66
9 MiniMax Shanghai, CN $2.2B
65
10 Zhipu AI Beijing, CN $1.5B
65
11 Runway New York, US $1.4B
64
12 01.AI Beijing, CN $200M
64

Recent rounds in Foundation Models

All rounds →
Date Startup Round Amount
Apr 2026 Ineffable Intelligence Seed $1.1B
Mar 2026 OpenAI Series E $122B
Mar 2026 Mistral AI Debt $830M
Feb 2026 Runway Series e $315M
Feb 2026 Anthropic Series G $30B
Jan 2026 Skild AI Series c $1.4B
Jan 2026 MiniMax IPO $700M
Oct 2025 Crusoe Series e $1.4B

All Foundation Models startups

Page 3
Krafton AI logo

Krafton AI

KR

Deep research at the highest level, developing multimodal foundation models for immersive user experiences in gaming and beyond.

14
SambaNova logo

SambaNova

US

The fastest AI inference platform, purpose-built for agentic AI with custom dataflow technology and three-tier memory architecture.

Stage
S-E
14
Inception logo

Inception

AE

Inception's breakthrough diffusion-based approach enables the world’s fastest, most efficient AI models with best-in-class quality.

14
Snorkel AI logo

Snorkel AI

US

Snorkel AI helps frontier labs and AI teams develop specialized training data and environments to differentiate their models and agents.

14
Etched logo

Etched

Etched is building custom hardware to accelerate large language models and achieve superintelligence.

12
Patronus AI logo

Patronus AI

A frontier lab training the first Digital World Models to simulate and predict agent actions in digital workflows.

12
Jua logo

Jua

A foundation model for reality, learning physics from data to power AI systems in the physical world.

12
EvolutionaryScale logo

EvolutionaryScale

Frontier AI for the life sciences, enabling scientists to understand, imagine, and create proteins.

12
Surge AI logo

Surge AI

Surge AI provides human intelligence to transform raw data into advanced artificial general intelligence (AGI).

12
Galaxy AI logo

Galaxy AI

The #1 All-in-One AI Platform with 5000+ tools for text, images, videos, and audio.

12
Domyn logo

Domyn

The agentic AI platform for regulated enterprises, offering full control over models, data, and infrastructure.

12
Allganize Inc. logo

Allganize Inc.

Deploy AI with total data sovereignty, automating workflows and turning your complex, proprietary data into a competitive advantage.

12
Inworld AI logo

Inworld AI

The #1 ranked, most natural voice AI for production-grade applications.

12
H2O.ai logo

H2O.ai

The convergence of the world's best predictive and generative AI for private, protected data.

12
StepFun logo

StepFun

StepFun offers a suite of AI tools including knowledge base Q&A, image creation, and advanced multimodal reasoning models.

11
Sea AI Lab - SAIL logo

Sea AI Lab - SAIL

Incubating the future by understanding and creating intelligence from first principles to solve challenging problems.

11
World Labs logo

World Labs

Building the next frontier of generative AI with spatial intelligence for understanding and interacting with the world.

11