Daily edition

Monday 21 July 2025

18 rounds and $460M raised. The biggest: Xelix, $160M.

vs Mon 14 Jul

The day in charts

AI took 83% of the capital on this day, up from 73% on Mon 14 Jul. Xelix alone raised $160M, 35% of it.

The 5 biggest rounds raised $373M, 81% of the total.

2 of 18 rounds made 65% of the capital.

Rounds of $100M or more, Monday 21 July 2025
	Rounds	Capital
$100M or more	2	$299M
The rest	16	$161M

AI raised $380M, 83% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Monday 21 July 2025
Sector	Capital	Share	Rounds
AI	$380M	83%	10
Fintech	$36M	8%	2
Health	$18M	4%	1
Climate & Energy	$17.5M	4%	1
Web3	$4.1M	<1%	1
Enterprise software	$3.3M	<1%	2
Consumer	$1.2M	<1%	1

United Kingdom raised $178M, 39% of the capital. Rounds in 7 countries.

Andreessen Horowitz joined 2 rounds, leading 1, more than any other investor.

Series A was the most common stage: 7 rounds, median $18M. The median round size is under each column.

London raised $178M, more than all of North America ($88.7M). Rounds from 6 cities.

This day against the 13 days before it. The biggest: Tue 15 Jul, $2.6B.

Capital raised per day, Monday 21 July 2025
Day	Rounds	Capital	Biggest round
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
Wed 16 Jul	29	$671M	GRIDSERVE, $134M
Thu 17 Jul	31	$924M	Hadrian, $260M
Fri 18 Jul	10	$137M	Radical AI, $55M
Sat 19 Jul	0	$0K
Sun 20 Jul	0	$0K
Mon 21 Jul	18	$460M	Xelix, $160M