$100 million-plus funding rounds used to be incredibly rare. Now, 40% of seed and Series A rounds are clearing that bar

I’ve grown completely numb to AI funding numbers.

Ten years ago, even five, an epically large seed round of hundreds of millions was unthinkable. Now, it’s started to feel oddly pedestrian to me and—the data actually bears out my ennui: Crunchbase recently calculated that, so far in 2026, over 40% of seed and Series A investment has been funneled into rounds of $100 million or more. 

Examples of the last few weeks include Humans& (a frontier AI lab that raised a $480 million seed round)...