The State of AEC-Tech in Q2 2026
Halftime show for 2026: here is how AEC-Tech performed in the second quarter.
The headline: the typical seed round in AEC-Tech is now the largest it has been since 2014, based on median round sizes in our data going back twelve years.
$690M was raised in Q2, which makes it a strong second quarter, in line with 2024 figures. However, the broader tech market had two strong funding quarters, so AEC-Tech's market share remains small even in a decent quarter. It stands at 0.3%, stable from Q4 2025 and still the lowest quarter share since 2024. Cumulatively, the category has now raised $42 billion in venture funding, excluding outliers like Katerra, View and Halio.
What the 0.3% hides: capital is shifting to the youngest companies in the category.
What else happened in Q2 2026:
\ Early rounds have grown: Series A & B round sizes also reached historic records, while Series C is the outlier and back down to 2020 levels.
\ Funding concentration eased at the top: the Top 4 deals took 34% of Q2 funding and the Top 10 took 55%. That is much lower than in the past two quarters, meaning capital spread across more companies.
\ EU + Israel leads globally with a 0.36% AEC-Tech VC share vs. 0.27% in North America, even though 8 of the top 10 rounds took place in North America.
\ No net new unicorns joined the Constru-Tech list in Q2.
The largest rounds this quarter: Higharc ($95M), Cognichip ($60M), Endra ($50M), Disa Tech ($33M) and Handle ($27M).