Daily edition

Tuesday 15 July 2025

36 rounds and $2.6B raised. The biggest: Thinking Machines Lab, $2B.

vs Tue 8 Jul

The day in charts

AI took 92% of the capital on this day, up from 18% on Tue 8 Jul. Thinking Machines Lab alone raised $2B, 76% of it.

The 5 biggest rounds raised $2.3B, 89% of the total.

2 of 36 rounds made 84% of the capital.

Rounds of $100M or more, Tuesday 15 July 2025
	Rounds	Capital
$100M or more	2	$2.2B
The rest	34	$411M

AI raised $2.4B, 92% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Tuesday 15 July 2025
Sector	Capital	Share	Rounds
AI	$2.4B	92%	18
Enterprise software	$68M	3%	5
Fintech	$57.9M	2%	2
Health	$43.4M	2%	3
Web3	$12.5M	<1%	1
Consumer	$10M	<1%	2
Robotics & Hardware	$7.1M	<1%	2
Climate & Energy	$6.1M	<1%	1
Other	$4.5M	<1%	2

United States raised $2.5B, 95% of the capital. Rounds in 10 countries.

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

Seed was the most common stage: 16 rounds, median $4.4M. The median round size is under each column.

San Francisco raised $2B, more than all of Europe ($75.5M). Rounds from 14 cities.

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

Capital raised per day, Tuesday 15 July 2025
Day	Rounds	Capital	Biggest round
Wed 2 Jul	23	$650M	Climeworks, $162M
Thu 3 Jul	20	$258M	HIVED, $42M
Fri 4 Jul	6	$69.9M	SkyDrive, $57.5M
Sat 5 Jul	0	$0K
Sun 6 Jul	0	$0K
Mon 7 Jul	17	$420M	wefox, $89.1M
Tue 8 Jul	26	$526M	Ninja, $254M
Wed 9 Jul	34	$645M	MaintainX, $150M
Thu 10 Jul	34	$2.1B	iCapital, $820M
Fri 11 Jul	10	$139M	Virtru, $50M
Sat 12 Jul	0	$0K
Sun 13 Jul	1	$5M	Kaleidoscope, $5M
Mon 14 Jul	15	$321M	Moonvalley, $84M
Tue 15 Jul	36	$2.6B	Thinking Machines Lab, $2B