Daily edition

Tuesday 24 June 2025

41 rounds and $1.2B raised. The biggest: Abridge, $300M.

Rounds
41 -5%
Capital raised
$1.2B +29%
Median round
$11.6M +45%

vs Tue 17 Jun

The day in charts

AI took 45% of the capital on this day, up from 29% on Tue 17 Jun. $1.2B in all, up 29% on Tue 17 Jun.

The 5 biggest rounds

The 5 biggest rounds raised $732M, 61% of the total.

The 5 biggest rounds, Tuesday 24 June 2025Abridge: $300M; Digital Asset: $135M; ForSight Robotics: $125M; Neuron23: $96.5M; XBOW: $75M Abridge $300M · Series E Digital Asset $135M · Strategic ForSight Robotics $125M · Series B Neuron23 $96.5M · Series D XBOW $75M · Series B

Mega-rounds against the rest

3 of 41 rounds made 47% of the capital.

7% of the rounds were of $100M or more 7%of the rounds3 of 4147% of the capital came from rounds of $100M or more 47%of the capital$560M of $1.2B
Rounds of $100M or more, Tuesday 24 June 2025
RoundsCapital
$100M or more3$560M
The rest38$641M

Where the capital went

AI raised $536M, 45% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Tuesday 24 June 2025 45% AI AI $536M 17 rounds 45% Health $246M 4 rounds 20% Web3 $135M 1 round 11% Fintech $108M 4 rounds 9% Climate & Energy $98.9M 5 rounds 8% Other sectors $76.7M 10 rounds 6%
Capital by sector, Tuesday 24 June 2025
SectorCapitalShareRounds
AI$536M45%17
Health$246M20%4
Web3$135M11%1
Fintech$108M9%4
Climate & Energy$98.9M8%5
Enterprise software$41.6M3%4
Robotics & Hardware$18.7M2%2
Consumer$11.6M<1%1
Other$2.9M<1%2
Cybersecurity$1.9M<1%1

Where the rounds were

United States raised $878M, 73% of the capital. Rounds in 11 countries.

Capital by country, Tuesday 24 June 2025United States: $878M; Israel: $136M; Germany: $66.5M; France: $48.3M; United Kingdom: $25.5M; India: $14.6M; Netherlands: $8.7M; Sweden: $7.1M; Belgium: $7M; Australia: $5.4M; Czech Republic: $4.2M United States $878M · 21 rounds Israel $136M · 2 rounds Germany $66.5M · 4 rounds France $48.3M · 3 rounds United Kingdom $25.5M · 2 rounds India $14.6M · 2 rounds Netherlands $8.7M · 1 round Sweden $7.1M · 2 rounds

Most active investors

Taranis joined 2 rounds, leading 2, more than any other investor.

Most active investors, Tuesday 24 June 2025Taranis: 2 rounds, 2 led; Peak XV Partners: 2 rounds, 1 led; A*: 2 rounds, 0 led; EIC Fund: 2 rounds, 0 led; Andreessen Horowitz: 1 rounds, 1 led; DRW Venture Capital: 1 rounds, 1 led; Eclipse: 1 rounds, 1 led; Westlake Village BioPartners: 1 rounds, 1 led; Altimeter Capital: 1 rounds, 1 led; The Stephens Group: 1 rounds, 1 ledLedJoined Taranis 2 rounds · 2 led Peak XV Partners 2 rounds · 1 led A* 2 rounds EIC Fund 2 rounds Andreessen Horowitz 1 round · 1 led DRW Venture Capital 1 round · 1 led Eclipse 1 round · 1 led Westlake Village BioPartners 1 round · 1 led Altimeter Capital 1 round · 1 led The Stephens Group 1 round · 1 led

Rounds by stage

Seed was the most common stage: 15 rounds, median $5M. The median round size is under each column.

Rounds by stage, Tuesday 24 June 2025 3 Pre $1.3M 15 Seed $5M 8 A $14M 7 B $23M 2 C $48M 1 D $97M 1 E+ $300M 1 Growth $13M 3 Other $20M
Rounds by stage, Tuesday 24 June 2025
StageRoundsMedian round
Pre-Seed3$1.3M
Seed15$5M
Series A8$13.5M
Series B7$23.2M
Series C2$47.5M
Series D1$96.5M
Series E+1$300M
Growth1$13M
Other or undisclosed3$20M

The cities that raised

Pittsburgh raised $300M, more than all of Europe ($167M). Rounds from 19 cities.

Capital by city, Tuesday 24 June 2025Pittsburgh: $300M; New York: $143M; South San Francisco: $96.5M; San Francisco: $92M; Seattle: $75M; Berlin: $35.2M; Paris: $30.9M; London: $23M; Menlo Park: $21M; Houston: $20M; Boston: $15M; New Delhi: $13M Pittsburgh $300M · 1 round New York $143M · 2 rounds South San Francisco $96.5M · 1 round San Francisco $92M · 4 rounds Seattle $75M · 1 round Berlin $35.2M · 2 rounds

The last two weeks

This day against the 13 days before it. The biggest day of the two weeks.

Capital raised per day, Tuesday 24 June 2025 Wed 11 Jun: $1.2B, 27 rounds; Thu 12 Jun: $1B, 30 rounds; Fri 13 Jun: $100M, 9 rounds; Sat 14 Jun: $0K, 0 rounds; Sun 15 Jun: $51.7M, 2 rounds; Mon 16 Jun: $969M, 13 rounds; Tue 17 Jun: $932M, 43 rounds; Wed 18 Jun: $1.2B, 35 rounds; Thu 19 Jun: $163M, 18 rounds; Fri 20 Jun: $77.2M, 5 rounds; Sat 21 Jun: $0K, 0 rounds; Sun 22 Jun: $0K, 0 rounds; Mon 23 Jun: $1B, 20 rounds; Tue 24 Jun: $1.2B, 41 rounds $500M$1B$1.5B 11 12 13 14 15 16 17 18 19 20 21 22 23 24 $1.2B
Capital raised per day, Tuesday 24 June 2025
DayRoundsCapitalBiggest round
Wed 11 Jun27$1.2BCyera, $540M
Thu 12 Jun30$1BMultiverse Computing, $219M
Fri 13 Jun9$100MYupp, $33M
Sat 14 Jun0$0K
Sun 15 Jun2$51.7MAspora, $50M
Mon 16 Jun13$969MHelsing, $694M
Tue 17 Jun43$932MAntares Therapeutics, $177M
Wed 18 Jun35$1.2BTerraPower, $650M
Thu 19 Jun18$163MAIM Intelligent Machines, $50M
Fri 20 Jun5$77.2MPayabli, $28M
Sat 21 Jun0$0K
Sun 22 Jun0$0K
Mon 23 Jun20$1BHarvey, $300M
Tue 24 Jun41$1.2BAbridge, $300M
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