Daily edition

Thursday 31 July 2025

17 rounds and $753M raised. The biggest: Anaconda, $150M.

Rounds
17 -15%
Capital raised
$753M +61%
Median round
$28M ×4.7

vs Thu 24 Jul

The day in charts

AI took 82% of the capital on this day, up from 57% on Thu 24 Jul. $753M in all, up 61% on Thu 24 Jul.

The 5 biggest rounds

The 5 biggest rounds raised $505M, 67% of the total.

The 5 biggest rounds, Thursday 31 July 2025Anaconda: $150M; fal: $125M; Noma Security: $100M; SAFE Security: $70M; Good Job Games: $60M Anaconda $150M · Series C fal $125M · Series C Noma Security $100M · Series B SAFE Security $70M · Series C Good Job Games $60M · Series A

Mega-rounds against the rest

3 of 17 rounds made 50% of the capital.

18% of the rounds were of $100M or more 18%of the rounds3 of 1750% of the capital came from rounds of $100M or more 50%of the capital$375M of $753M
Rounds of $100M or more, Thursday 31 July 2025
RoundsCapital
$100M or more3$375M
The rest14$378M

Where the capital went

AI raised $621M, 82% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Thursday 31 July 2025 82% AI AI $621M 10 rounds 82% Consumer $60M 1 round 8% Web3 $28M 1 round 4% Health $22M 2 rounds 3% Enterprise software $19.3M 2 rounds 3% Cybersecurity $3M 1 round <1%
Capital by sector, Thursday 31 July 2025
SectorCapitalShareRounds
AI$621M82%10
Consumer$60M8%1
Web3$28M4%1
Health$22M3%2
Enterprise software$19.3M3%2
Cybersecurity$3M<1%1

Where the rounds were

United States raised $438M, 58% of the capital. Rounds in 7 countries, 1 with no country disclosed.

Capital by country, Thursday 31 July 2025United States: $438M; Israel: $115M; United Kingdom: $75.3M; Turkey: $60M; Brazil: $21M; India: $13.2M; Netherlands: $3M United States $438M · 5 rounds Israel $115M · 2 rounds United Kingdom $75.3M · 3 rounds Turkey $60M · 1 round Brazil $21M · 2 rounds India $13.2M · 2 rounds Netherlands $3M · 1 round

Rounds by stage

Series C was the most common stage: 5 rounds, median $70M. The median round size is under each column.

Rounds by stage, Thursday 31 July 2025 2 Pre $2.1M 3 Seed $15M 4 A $28M 1 B $100M 5 C $70M 2 Other $11M
Rounds by stage, Thursday 31 July 2025
StageRoundsMedian round
Pre-Seed2$2.1M
Seed3$15M
Series A4$28.3M
Series B1$100M
Series C5$70M
Other or undisclosed2$11.1M

The cities that raised

San Francisco raised $180M, more than all of Europe ($138M). Rounds from 10 cities.

Capital by city, Thursday 31 July 2025San Francisco: $180M; Austin: $150M; Tel Aviv: $115M; Palo Alto: $70M; Istanbul: $60M; Oxford: $55M; Seattle: $37.5M; London: $20.3M; Bengaluru: $9M; Indore: $4.2M San Francisco $180M · 2 rounds Austin $150M · 1 round Tel Aviv $115M · 2 rounds Palo Alto $70M · 1 round Istanbul $60M · 1 round Oxford $55M · 1 round

The last two weeks

This day against the 13 days before it. The biggest: Wed 30 Jul, $1.2B.

Capital raised per day, Thursday 31 July 2025 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; Wed 30 Jul: $1.2B, 19 rounds; Thu 31 Jul: $753M, 17 rounds $500M$1B$1.5B 18 19 20 21 22 23 24 25 26 27 28 29 30 31 $1.2B$753M
Capital raised per day, Thursday 31 July 2025
DayRoundsCapitalBiggest round
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
Wed 30 Jul19$1.2BRamp, $500M
Thu 31 Jul17$753MAnaconda, $150M

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