Daily edition

Wednesday 11 June 2025

27 rounds and $1.2B raised. The biggest: Cyera, $540M.

Rounds
27 +23%
Capital raised
$1.2B +170%
Median round
$11M -3%

vs Wed 4 Jun

The day in charts

AI took 56% of the capital on this day, up from 46% on Wed 4 Jun. Cyera alone raised $540M, 46% of it.

The 5 biggest rounds

The 5 biggest rounds raised $929M, 80% of the total.

The 5 biggest rounds, Wednesday 11 June 2025Cyera: $540M; Proxima Fusion: $149M; SpliceBio: $135M; Abacum: $60M; FERMÀT: $45M Cyera $540M · Series E Proxima Fusion $149M · Series A SpliceBio $135M · Series B Abacum $60M · Series B FERMÀT $45M · Series B

Mega-rounds against the rest

3 of 27 rounds made 71% of the capital.

11% of the rounds were of $100M or more 11%of the rounds3 of 2771% of the capital came from rounds of $100M or more 71%of the capital$824M of $1.2B
Rounds of $100M or more, Wednesday 11 June 2025
RoundsCapital
$100M or more3$824M
The rest24$338M

Where the capital went

AI raised $654M, 56% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Wednesday 11 June 2025 56% AI AI $654M 11 rounds 56% Climate & Energy $149M 2 rounds 13% Health $148M 2 rounds 13% Fintech $73.8M 3 rounds 6% Enterprise software $41M 2 rounds 4% Other sectors $95.4M 7 rounds 8%
Capital by sector, Wednesday 11 June 2025
SectorCapitalShareRounds
AI$654M56%11
Climate & Energy$149M13%2
Health$148M13%2
Fintech$73.8M6%3
Enterprise software$41M4%2
Web3$38M3%3
Robotics & Hardware$35.4M3%2
Consumer$12M1%1
Cybersecurity$10M<1%1

Where the rounds were

United States raised $698M, 60% of the capital. Rounds in 10 countries.

Capital by country, Wednesday 11 June 2025United States: $698M; Spain: $195M; Germany: $149M; France: $45.3M; United Kingdom: $27M; New Zealand: $25M; India: $10.8M; Netherlands: $8M; Israel: $3.6M; Australia: $553K United States $698M · 12 rounds Spain $195M · 2 rounds Germany $149M · 1 round France $45.3M · 3 rounds United Kingdom $27M · 2 rounds New Zealand $25M · 1 round India $10.8M · 3 rounds Netherlands $8M · 1 round

Most active investors

VMG Partners joined 2 rounds, leading 2, more than any other investor.

Most active investors, Wednesday 11 June 2025VMG Partners: 2 rounds, 2 led; Lightspeed Venture Partners: 2 rounds, 1 led; Cherry Ventures: 1 rounds, 1 led; EQT Life Sciences: 1 rounds, 1 led; Scale Venture Partners: 1 rounds, 1 led; ETF Partners: 1 rounds, 1 led; cyber•Fund: 1 rounds, 1 led; 8VC: 1 rounds, 1 led; Partech: 1 rounds, 1 led; SignalFire: 1 rounds, 1 ledLedJoined VMG Partners 2 rounds · 2 led Lightspeed Venture Partners 2 rounds · 1 led Cherry Ventures 1 round · 1 led EQT Life Sciences 1 round · 1 led Scale Venture Partners 1 round · 1 led ETF Partners 1 round · 1 led cyber•Fund 1 round · 1 led 8VC 1 round · 1 led Partech 1 round · 1 led SignalFire 1 round · 1 led

Rounds by stage

Seed was the most common stage: 10 rounds, median $7.6M. The median round size is under each column.

Rounds by stage, Wednesday 11 June 2025 2 Pre $2.1M 10 Seed $7.6M 7 A $17M 4 B $53M 1 E+ $540M 3 Other $7M
Rounds by stage, Wednesday 11 June 2025
StageRoundsMedian round
Pre-Seed2$2.1M
Seed10$7.6M
Series A7$17M
Series B4$52.5M
Series E+1$540M
Other or undisclosed3$7M

The cities that raised

New York raised $570M, more than all of Europe ($424M). Rounds from 16 cities.

Capital by city, Wednesday 11 June 2025New York: $570M; Barcelona: $195M; Munich: $149M; London: $27M; Auckland: $25M; San Francisco: $17M; Los Angeles: $12M; Austin: $11M; Bengaluru: $10.8M; Boston: $10M; San Mateo: $9M; Palo Alto: $8.1M New York $570M · 4 rounds Barcelona $195M · 2 rounds Munich $149M · 1 round London $27M · 2 rounds Auckland $25M · 1 round San Francisco $17M · 1 round

The last two weeks

This day against the 13 days before it. The biggest: Thu 5 Jun, $4B.

Capital raised per day, Wednesday 11 June 2025 Thu 29 May: $0K, 0 rounds; Fri 30 May: $0K, 0 rounds; Sat 31 May: $0K, 0 rounds; Sun 1 Jun: $0K, 0 rounds; Mon 2 Jun: $1.3B, 26 rounds; Tue 3 Jun: $1.1B, 44 rounds; Wed 4 Jun: $431M, 22 rounds; Thu 5 Jun: $4B, 27 rounds; Fri 6 Jun: $58.1M, 7 rounds; Sat 7 Jun: $0K, 0 rounds; Sun 8 Jun: $3.7M, 1 round; Mon 9 Jun: $559M, 22 rounds; Tue 10 Jun: $817M, 34 rounds; Wed 11 Jun: $1.2B, 27 rounds $2B$4B$6B 29 30 31 1 2 3 4 5 6 7 8 9 10 11 $4B$1.2B
Capital raised per day, Wednesday 11 June 2025
DayRoundsCapitalBiggest round
Thu 29 May0$0K
Fri 30 May0$0K
Sat 31 May0$0K
Sun 1 Jun0$0K
Mon 2 Jun26$1.3BNeuralink, $650M
Tue 3 Jun44$1.1BImpulse Space, $300M
Wed 4 Jun22$431MFever, $100M
Thu 5 Jun27$4BAnduril Industries, $2.5B
Fri 6 Jun7$58.1MKargo, $18.4M
Sat 7 Jun0$0K
Sun 8 Jun1$3.7MNova Talent, $3.7M
Mon 9 Jun22$559MMosanna Therapeutics, $80M
Tue 10 Jun34$817MGlean, $150M
Wed 11 Jun27$1.2BCyera, $540M
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