Funding round
Decart Growth
Reported as "Growth Equity"
Decart, which works in generative AI model development in Wilmington, raised $300M in a Growth round announced on 18 May 2026, led by Radical Ventures, at a $4.00B post-money valuation. 12 firms took part, 3 of them already investors. It is Decart's fourth venture round on record; the one before was a Series B in Aug 2025.
$300M
Amount raised
$4.00B
Post-money valuation
$3.70B pre-money
12
Investors
1 lead
1.3x
Step-up from the Series B
$3.10B in Aug 2025
7.5%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Decart at $4.00B after the new money, 1.3 times the $3.10B of its Series B (Aug 2025). The $300M bought investors about 7.5% of the company. It came 9 months after Decart's Series B. It is 66% of the $453M Decart has raised in the venture rounds on record. No later venture round is on record for Decart.
Decart's funding rounds
Decart has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Radical Ventures led the round with 11 other firms. Sequoia Capital, Benchmark and Zeev Ventures had backed Decart before.
Lead investor
- backs 65 venture-backed companies new investor
Also in the round
- NVIDIA new investor
- Sequoia Capital backs 589 venture-backed companies existing investor
- Benchmark existing investor
- Adobe Ventures new investor
- backs 50 venture-backed companies new investor
- Atreides Management backs 53 venture-backed companies new investor
- Valor backs 143 venture-backed companies new investor
- eBay Ventures new investor
- Zeev Ventures existing investor
- Amazon new investor
- GV backs 428 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
305 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 5.0 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Cognition Tech Companies | 27 May 2026 | $1.00B | $26.00B | Lux Capital and General Catalyst |
| Solace Tech Companies | 5 May 2026 | $790M | not disclosed | not named |
| Rightsline Tech Companies | 27 May 2026 | $500M | not disclosed | Hg |
| Tech Companies | 19 May 2026 | $145M | $1.60B | not named |
| Tech Companies | 6 May 2026 | $136M | not disclosed | not named |
| Athelas Tech Companies | 19 May 2026 | $70M | $7.00B | General Catalyst |
| Tech Companies | 28 May 2026 | $40M | not disclosed | CVS Health Ventures |
| Tech Companies | 13 May 2026 | $34M | not disclosed | National Wealth Fund |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Decart raise in its Growth round?
Decart raised $300M in its Growth round, announced in May 2026.
Who led Decart's Growth round?
Radical Ventures led it, with NVIDIA, Sequoia Capital, Benchmark, Adobe Ventures and Toyota Ventures and 6 more.
What was Decart's valuation at the Growth round?
$4.00B post-money ($3.70B pre-money).
How does it compare with other Growth rounds in Tech Companies?
305 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 5.0 times the median.