Founders in the innovation economy are navigating sharper trade-offs: how to benchmark raise size, what it can cost in ownership and where to build for the strongest fundraising path.
Our H1 2026 Startup Insights report breaks down new benchmarks and market signals across seed and Series A:
- Seed dilution has held steady, but larger rounds can drive more dilution when valuations don’t keep pace
- The U.S. manufacturing buildout is shifting from construction to operations—and 75% of factories are still pre-digital
- City-level data shows where fundraising moves fastest and which ecosystems offer the strongest trade-offs for founders
Contributors
Ashraf Hebela
Head of Startup Banking & Co-Head of Technology Banking
JPMorgan Chase Bank, N.A. Member FDIC. Visit jpmorgan.com/commercial-banking/legal-disclaimer for disclosures and disclaimers related to this content.
