VC & PE Fund Raises 2010–2026

Key findings

1. 22,361 fund raises by 9,965 managers, 2010 to June 2026. 14,695 disclosed a raised amount, totalling $9.3T.
2. 2022 was the busiest year with 2,382 fund raises reported; 2025 had 1,932 ($723.6B disclosed).
3. Venture capital is the most common fund type (12,578 funds), but private equity raised the most disclosed money ($5.1T vs $2.0T).
4. Billion-dollar funds hold the money: 1,865 funds of US$1B or more are 13% of funds with an amount but 75% of disclosed dollars.
5. Targets vs closes: of 8,751 funds reporting both, the median raised 100% of target and 77% met or beat it.
6. Geography: the top three countries by disclosed fund size (United States, United Kingdom, India) account for 66% of disclosed dollars with a country.

Fund raises by year and fund type

Full data; 2026 covers January to June. Other and unspecified types are in the total only.

Largest disclosed funds (top 50)

Largest close reported for each fund. Amounts are as reported and checked against the source sentence.

Most active fund managers (top 50)

Distinct funds per manager after merging repeat reports.

Fund raises by country (top 30)

Funds by stated sector focus

The stated focus is grouped by keyword; a fund with several themes is counted under the first matching one.

Target vs raised, by fund type

Funds reporting both a target and a raised amount. A raised amount can be an interim close, so "below half" includes funds still raising.

Fund size distribution by type

Column dictionary

22 columns in the sample CSV.

Method

1. Extraction. Radar's pipeline reads each article about a new fund and extracts structured fields, including the source sentence.
2. Scope. Venture capital, private equity, infrastructure (including energy), real estate, private credit and fund-of-funds vehicles. Mutual funds, hedge funds and ETFs are dropped, as are rows with no fund type unless the name says "fund", and rows that describe a company's own funding round.
3. Manager. The manager name comes from Fliar's company database when its website is known. Names that read as individuals are blanked, and social-profile links are removed from the domain field.
4. Deduplication. Reports are merged per manager (name variants such as "Blackstone Group" and "The Blackstone Group" count as one). The same numbered fund name (roman and ordinal numbers normalised, "Fund IX" = "Ninth Fund") is one fund at any distance in time. Otherwise, within 540 days of a fund's first report, reports merge when the fund name matches, when the amount matches within 3%, or when one report is unnamed and close in time (45 days). A US$1B+ amount re-reported by the same manager or under the same fund name (within 1%, 540 days) is the same fund. Otherwise funds with different numbers never merge. The largest checked close is kept.
5. Amount check. Each amount is compared with the money figures parsed from its source sentence (tolerance 0.6–1.7×), allowing for amounts stored in millions. verified matched; unchecked had no parseable figure; failed_check is blank because it did not match, was a bare number under 10,000, was over US$5B without a match, or was over US$20B (US$30B) without two (three) or more reports and a known manager website; not_disclosed had no amount.
6. Currency. US dollars, from the stored conversion or at fixed approximate rates.
7. Bulk back-fills. Days carrying more than five times the usual number of reports (archive back-fills stamped with an ingest date rather than the publication date) are dropped.

8. Dates. The date is the earliest report's publication date; rows before 2010 or after June 2026 are dropped.

9. Sample. Each manager key is ranked by sha1(key). Keys are taken in rank order until the file holds max(25%, 5,000) rows (capped at 100,000).

10. Profile links. Links are built from Fliar's company index and checked against it. A row whose company has no public profile has an empty link.

Limitations

• Derived from news: funds that were never reported are missing, and coverage favours large, English-reported funds.
• The date is the article date. An article can describe a fund closed earlier.
• A raised amount can be an interim close rather than the final size.
• Fund types and focus are as reported and classified; the focus grouping is keyword-based.
• Individuals named as managers are blanked, so some rows have no manager.
• news_source and news_url are blank when the article could not be retrieved at release time.

Cite this dataset

@misc{fliarbi_vc_pe_fund_raises_2026,
  author    = {{Fliar BI}},
  title     = {{VC & PE Fund Raises 2010–2026}},
  year      = {2026},
  publisher = {Zenodo},
  doi       = {10.5281/zenodo.23432346},
  url       = {https://doi.org/10.5281/zenodo.23432346},
  note      = {Sample release. Licence CC BY-NC 4.0}
}