Daily edition
Thursday 12 June 2025
30 rounds and $1B raised. The biggest: Multiverse Computing, $219M.
- Rounds
- 30 +11%
- Capital raised
- $1B -75%
- Median round
- $19.5M +84%
vs Thu 5 Jun
The day in charts
AI took 59% of the capital on this day, down from 87% on Thu 5 Jun. $1B in all, down 75% on Thu 5 Jun.
The 5 biggest rounds
The 5 biggest rounds raised $639M, 63% of the total.
Mega-rounds against the rest
3 of 30 rounds made 50% of the capital.
| Rounds | Capital | |
|---|---|---|
| $100M or more | 3 | $514M |
| The rest | 27 | $506M |
Where the capital went
AI raised $600M, 59% of the capital. Choose a sector to filter the rounds below.
| Sector | Capital | Share | Rounds |
|---|---|---|---|
| AI | $600M | 59% | 12 |
| Robotics & Hardware | $240M | 24% | 4 |
| Health | $65.5M | 6% | 5 |
| Fintech | $37.8M | 4% | 2 |
| Web3 | $30.6M | 3% | 2 |
| Climate & Energy | $17.4M | 2% | 1 |
| Enterprise software | $16.7M | 2% | 2 |
| Other | $10M | <1% | 1 |
| Consumer | $3M | <1% | 1 |
Where the rounds were
United States raised $639M, 63% of the capital. Rounds in 7 countries.
Most active investors
Sound Ventures joined 2 rounds, leading 2, more than any other investor.
Rounds by stage
Series A was the most common stage: 11 rounds, median $20M. The median round size is under each column.
| Stage | Rounds | Median round |
|---|---|---|
| Pre-Seed | 1 | $585K |
| Seed | 4 | $3.1M |
| Series A | 11 | $20M |
| Series B | 5 | $26M |
| Series C | 1 | $170M |
| Series D | 2 | $103M |
| Growth | 1 | $41.7M |
| Other or undisclosed | 5 | $5.8M |
The cities that raised
San Francisco raised $295M, more than all of Asia ($2.3M). Rounds from 14 cities.
The last two weeks
This day against the 13 days before it. The biggest: Thu 5 Jun, $4B.
| Day | Rounds | Capital | Biggest round |
|---|---|---|---|
| Fri 30 May | 0 | $0K | |
| Sat 31 May | 0 | $0K | |
| Sun 1 Jun | 0 | $0K | |
| Mon 2 Jun | 26 | $1.3B | Neuralink, $650M |
| Tue 3 Jun | 44 | $1.1B | Impulse Space, $300M |
| Wed 4 Jun | 22 | $431M | Fever, $100M |
| Thu 5 Jun | 27 | $4B | Anduril Industries, $2.5B |
| Fri 6 Jun | 7 | $58.1M | Kargo, $18.4M |
| Sat 7 Jun | 0 | $0K | |
| Sun 8 Jun | 1 | $3.7M | Nova Talent, $3.7M |
| Mon 9 Jun | 22 | $559M | Mosanna Therapeutics, $80M |
| Tue 10 Jun | 34 | $817M | Glean, $150M |
| Wed 11 Jun | 27 | $1.2B | Cyera, $540M |
| Thu 12 Jun | 30 | $1B | Multiverse Computing, $219M |
All rounds
- Multiverse ComputingQuantum-inspired compression that shrinks large language models up to 95%Led by Bullhound Capital, with HP Tech Ventures, SETT +5 $219MSeries B · Spain
- MeterFull-stack enterprise networking (hardware, software, operations) sold as a serviceLed by General Catalyst, with Baillie Gifford, Lachy Groom +4 $170MSeries C · United States
- Gecko RoboticsWall-climbing inspection robots and AI software for critical infrastructureLed by Cox Enterprises, with USIT, XN +2 $125MSeries D · United States
- Canary TechnologiesGuest management and AI tools for hotels such as check-in, upsells and messagingLed by Brighton Park Capital, with Insight Partners, F-Prime Capital +3 $80MSeries D · United States
- Ellipsis HealthVoice-based AI care manager for patient outreach and behavioral healthLed by Salesforce Ventures, with Khosla Ventures, CVS Health Ventures +2 $45MSeries A · United States
- ExpliseatMakes ultralight aircraft passenger seats for airlinesLed by Credit Mutuel Innovation, with SPI (Bpifrance), Supernova Invest +4 $41.7MGrowth · France
- PayrailsPayment operations platform for enterprises managing multiple payment providersLed by HV Capital, with Andreessen Horowitz, General Catalyst +1 $32MSeries A · Germany
- LandbaseAgentic AI platform that finds target customers and runs outbound campaignsLed by Sound Ventures, with Picus Capital, Firstminute Capital +2 $30MSeries A · United States
- TurnkeySecure programmable infrastructure for embedded crypto wallets and onchain automationLed by Bain Capital Crypto, with Sequoia Capital, Lightspeed Faction +3 $30MSeries B · United States
- Autonomize AIAI agents automating healthcare workflows such as care management and utilization reviewLed by Valtruis, with The Cigna Group Ventures, Tau Ventures +2 $28MSeries A · United States
- Commons ClinicSpecialist care network for musculoskeletal and multi-specialty preventive careLed by RA Capital, with Floating Point, SteelSky Ventures +2 $26MSeries B · United States
- Shinkei SystemsRobots that humanely dispatch fish on boats for higher quality seafoodLed by Founders Fund, with Interlagos, Yamato Holdings +4 $22MSeries A · United States
- AntimetalAI agents that monitor and troubleshoot cloud infrastructureLed by Sound Ventures $20MSeries A · United States
- ConveyorAI that automates vendor security questionnaires and RFP responsesLed by SignalFire, with Oregon Venture Fund, Cervin Ventures $20MSeries B · United States
- ZorroAI-powered employee benefits administration platformLed by Entree Capital $20MSeries A · United States
- EnteromeClinical-stage biotech developing OncoMimics immunotherapies for cancerLed by Institute for Follicular Lymphoma Innovation, with SymBiosis, Seventure Partners +3 $19MVenture · France
- VoltfangBuilds and integrates commercial and grid-scale battery storage systemsLed by FORWARD.One, with Interzero, PT1 +5 $17.4MSeries B · Germany
- AortyxBioabsorbable catheter-delivered patch to seal aortic dissection tearsLed by Ship2B Ventures, with Clave Capital $16MSeries A · Spain
- WarpTech-enabled freight network of shippers, carriers and warehousesLed by Up.Partners, with Blue Bear Capital $10MSeries A · United States
- KoleteSIM mobile data for travellers in 190+ countries, sold via travel partnersLed by Daphni, with Peter Kern, Jon Gieselman $9.3MSeries A · France
- BrandbackEmbedded resale infrastructure that lets fashion brands buy back and resell productsLed by Earlybird Venture Capital, with 9900 Capital $7.4MSeed · Germany
- Iterate.aiLow-code AI platform and private on-device AI assistants for enterprisesLed by Auxier Asset Management, with Peter Cobb, Mike Edwards +1 $6.4MVenture · United States
- TombotLifelike robotic puppy companions for seniors with dementiaLed by Caduceus Capital Partners $6.1MSeries A · United States
- DealCircleM&A platform matching sellers and buyers of small and mid-cap companiesLed by InnoVentureFonds (IFB Hamburg), with Hanse Ventures, Carsten Kraus +1 $5.8MGermany
- RIIICOAI software that turns LiDAR scans of existing factories into 3D digital twinsLed by Pi Labs, with seed + speed Ventures, WaVe-X +2 $5MSeed · Germany
- Perci HealthVirtual multidisciplinary cancer care clinic offered via insurers and employersLed by Macmillan Cancer Support, with Guinness Ventures, Conduit Fund +1 $4.1MVenture · United Kingdom
- Nice Plans StudioMobile game studio building the 3v3 physics shooter Ricochet SquadLed by Pixeldog $3MVenture · Cyprus
- Repello AISecurity testing and guardrails for generative AI applicationsLed by Venture Highway, with pi Ventures, Entrepreneur First $1.2MSeed · India
- PlutoPeNon-custodial crypto wallet appLed by Manit Gupta $585KPre-Seed · India
- Iom BioworksGut microbiome testing and personalised health interventionsLed by Inflection Point Ventures $468KSeed · India
No round matches these filters.