Daily edition

Tuesday 1 July 2025

29 rounds and $5.5B raised. The biggest: xAI, $5B.

vs Tue 24 Jun

The day in charts

AI took 93% of the capital on this day, up from 45% on Tue 24 Jun. xAI alone raised $5B, 90% of it.

The 5 biggest rounds raised $5.3B, 96% of the total.

3 of 29 rounds made 95% of the capital.

Rounds of $100M or more, Tuesday 1 July 2025
	Rounds	Capital
$100M or more	3	$5.3B
The rest	26	$264M

AI raised $5.2B, 93% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Tuesday 1 July 2025
Sector	Capital	Share	Rounds
AI	$5.2B	93%	10
Fintech	$198M	4%	3
Health	$55M	<1%	7
Other	$35M	<1%	1
Enterprise software	$34.8M	<1%	3
Robotics & Hardware	$34.7M	<1%	2
Consumer	$24.2M	<1%	2
Climate & Energy	$7M	<1%	1

United States raised $5.1B, 93% of the capital. Rounds in 12 countries.

Khosla Ventures joined 2 rounds, leading 1, more than any other investor.

Series A was the most common stage: 10 rounds, median $10.8M. The median round size is under each column.

Palo Alto raised $5B, more than all of Europe ($205M). Rounds from 12 cities.

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

Capital raised per day, Tuesday 1 July 2025
Day	Rounds	Capital	Biggest round
Wed 18 Jun	35	$1.2B	TerraPower, $650M
Thu 19 Jun	18	$163M	AIM Intelligent Machines, $50M
Fri 20 Jun	5	$77.2M	Payabli, $28M
Sat 21 Jun	0	$0K
Sun 22 Jun	0	$0K
Mon 23 Jun	20	$1B	Harvey, $300M
Tue 24 Jun	41	$1.2B	Abridge, $300M
Wed 25 Jun	25	$793M	Kalshi, $185M
Thu 26 Jun	22	$339M	UniUni, $70M
Fri 27 Jun	10	$93.7M	Gensmo, $60M
Sat 28 Jun	0	$0K
Sun 29 Jun	0	$0K
Mon 30 Jun	24	$863M	Cato Networks, $359M
Tue 1 Jul	29	$5.5B	xAI, $5B