Early‑stage funding surge

An analysis published by Evil Martians and written by Irina Nazarova reviewed 1,140 early‑stage funding rounds in developer tools, cybersecurity and infrastructure from January 2025 through March 2026 and found roughly $13.5 billion invested across those 15 months. (evilmartians.com) The report shows momentum concentrated in platforms that help builders using artificial intelligence: 52% of the rounds involved artificial intelligence and 50% involved cybersecurity, with 22% of rounds involving both technologies. (evilmartians.com) On deal size, the report gives median round amounts (the median is the middle value so half the rounds were larger and half smaller): at seed stage median rounds were $5.0 million for artificial‑intelligence companies, $4.0 million for cybersecurity‑only companies, and $3.5 million for companies in neither category; at Series A medians were $16.0M, $13.0M and $12.0M respectively; at Series B medians were $60.0M, $30.0M and $35.0M respectively. (evilmartians.com) The authors identify repeatable product patterns attracting capital: a "viral creation loop," where users build and share outputs that convert viewers into users, and an "agentic flywheel," meaning multiple layers of the software stack (tools, infrastructure, security) expand together as founders compose services to build autonomous, action‑taking applications called agents. (evilmartians.com) As examples of the fastest growers in the dataset, the report highlights Lovable at more than $200 million annual recurring revenue, Bolt.new reaching $40 million ARR in five months, and Emergent at about $50 million ARR, and notes the authors also compiled an investor map listing the most active firms and the specific partners to contact by category. (evilmartians.com)