Daily edition

Tuesday 29 July 2025

34 rounds and $951M raised. The biggest: Ambience Healthcare, $243M.

Rounds
34 -3%
Capital raised
$951M +30%
Median round
$14M +27%

vs Tue 22 Jul

The day in charts

AI took 61% of the capital on this day, up from 46% on Tue 22 Jul. $951M in all, up 30% on Tue 22 Jul.

The 5 biggest rounds

The 5 biggest rounds raised $525M, 55% of the total.

The 5 biggest rounds, Tuesday 29 July 2025Ambience Healthcare: $243M; ARTBIO: $132M; Salient: $60M; Teramount: $50M; Lumana: $40M Ambience Healthcare $243M · Series C ARTBIO $132M · Series B Salient $60M · Series A Teramount $50M Lumana $40M · Series A

Mega-rounds against the rest

2 of 34 rounds made 39% of the capital.

6% of the rounds were of $100M or more 6%of the rounds2 of 3439% of the capital came from rounds of $100M or more 39%of the capital$375M of $951M
Rounds of $100M or more, Tuesday 29 July 2025
RoundsCapital
$100M or more2$375M
The rest32$576M

Where the capital went

AI raised $578M, 61% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Tuesday 29 July 2025 61% AI AI $578M 15 rounds 61% Health $222M 6 rounds 23% Robotics & Hardware $43M 2 rounds 5% Fintech $27.5M 2 rounds 3% Climate & Energy $13.9M 2 rounds 1% Other sectors $67.2M 7 rounds 7%
Capital by sector, Tuesday 29 July 2025
SectorCapitalShareRounds
AI$578M61%15
Health$222M23%6
Robotics & Hardware$43M5%2
Other$35M4%1
Fintech$27.5M3%2
Climate & Energy$13.9M1%2
Enterprise software$13.4M1%3
Cybersecurity$13M1%1
Web3$5M<1%1
Consumer$853K<1%1

Where the rounds were

United States raised $743M, 78% of the capital. Rounds in 12 countries.

Capital by country, Tuesday 29 July 2025United States: $743M; Israel: $83M; Cyprus: $34M; Canada: $29M; Germany: $17.6M; Greece: $14M; Switzerland: $12.5M; Italy: $8.3M; Netherlands: $5M; India: $3.5M; United Kingdom: $853K; Lithuania: $578K United States $743M · 19 rounds Israel $83M · 3 rounds Cyprus $34M · 1 round Canada $29M · 1 round Germany $17.6M · 2 rounds Greece $14M · 1 round Switzerland $12.5M · 1 round Italy $8.3M · 2 rounds

Most active investors

Andreessen Horowitz joined 4 rounds, leading 1, more than any other investor.

Most active investors, Tuesday 29 July 2025Andreessen Horowitz: 4 rounds, 1 led; Y Combinator: 3 rounds, 0 led; Norwest Venture Partners: 2 rounds, 0 led; Oak HC/FT: 1 rounds, 1 led; Sofinnova Investments: 1 rounds, 1 led; Koch Disruptive Technologies: 1 rounds, 1 led; Wing Venture Capital: 1 rounds, 1 led; SLW: 1 rounds, 1 led; Valspring Capital: 1 rounds, 1 led; Ratmir Timashev: 1 rounds, 1 ledLedJoined Andreessen Horowitz 4 rounds · 1 led Y Combinator 3 rounds Norwest Venture Partners 2 rounds Oak HC/FT 1 round · 1 led Sofinnova Investments 1 round · 1 led Koch Disruptive Technologies 1 round · 1 led Wing Venture Capital 1 round · 1 led SLW 1 round · 1 led Valspring Capital 1 round · 1 led Ratmir Timashev 1 round · 1 led

Rounds by stage

Series A was the most common stage: 10 rounds, median $14.7M. The median round size is under each column.

Rounds by stage, Tuesday 29 July 2025 1 Pre $578K 5 Seed $5.4M 10 A $15M 6 B $31M 1 C $243M 2 Growth $12M 9 Other $6.9M
Rounds by stage, Tuesday 29 July 2025
StageRoundsMedian round
Pre-Seed1$578K
Seed5$5.4M
Series A10$14.7M
Series B6$30.5M
Series C1$243M
Growth2$11.5M
Other or undisclosed9$6.9M

The cities that raised

San Francisco raised $336M, more than all of Europe ($92.9M). Rounds from 17 cities.

Capital by city, Tuesday 29 July 2025San Francisco: $336M; Cambridge: $132M; New York: $76M; Los Gatos: $40M; Limassol: $34M; Vancouver: $29M; Tel Aviv: $20M; San Mateo: $18.4M; Munich: $15.3M; Athens: $14M; Milan: $8.3M; Pleasanton: $8.1M San Francisco $336M · 4 rounds Cambridge $132M · 1 round New York $76M · 4 rounds Los Gatos $40M · 1 round Limassol $34M · 1 round Vancouver $29M · 1 round

The last two weeks

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

Capital raised per day, Tuesday 29 July 2025 Wed 16 Jul: $671M, 29 rounds; Thu 17 Jul: $924M, 31 rounds; Fri 18 Jul: $137M, 10 rounds; Sat 19 Jul: $0K, 0 rounds; Sun 20 Jul: $0K, 0 rounds; Mon 21 Jul: $460M, 18 rounds; Tue 22 Jul: $734M, 35 rounds; Wed 23 Jul: $652M, 21 rounds; Thu 24 Jul: $468M, 20 rounds; Fri 25 Jul: $42.3M, 7 rounds; Sat 26 Jul: $0K, 0 rounds; Sun 27 Jul: $0K, 0 rounds; Mon 28 Jul: $635M, 14 rounds; Tue 29 Jul: $951M, 34 rounds $500M$1B 16 17 18 19 20 21 22 23 24 25 26 27 28 29 $951M
Capital raised per day, Tuesday 29 July 2025
DayRoundsCapitalBiggest round
Wed 16 Jul29$671MGRIDSERVE, $134M
Thu 17 Jul31$924MHadrian, $260M
Fri 18 Jul10$137MRadical AI, $55M
Sat 19 Jul0$0K
Sun 20 Jul0$0K
Mon 21 Jul18$460MXelix, $160M
Tue 22 Jul35$734MReka AI, $110M
Wed 23 Jul21$652MDispatch Bio, $216M
Thu 24 Jul20$468MArmada, $131M
Fri 25 Jul7$42.3MMagREEsource, $27M
Sat 26 Jul0$0K
Sun 27 Jul0$0K
Mon 28 Jul14$635MMapLight Therapeutics, $373M
Tue 29 Jul34$951MAmbience Healthcare, $243M
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