Series A rounds grew larger as deal count fell in 1H26

The 87 series A rounds in 1H26 marked the lowest first-half tally in a decade, but the rounds investors did back tended to be larger.

Among financings with a disclosed amount, the median series A round size rose for the third consecutive year, reaching the highest first-half level in a decade. At $29.1 million, the 1H26 median was up 6% from the previous decade high in 1H25 and 31% from 1H21, when deal count peaked...