Daily edition
Thursday 7 August 2025
22 rounds and $795M raised. The biggest: Strand Therapeutics, $153M.
- Rounds
- 22 +29%
- Capital raised
- $795M +6%
- Median round
- $14.5M -48%
vs Thu 31 Jul
The day in charts
Health took 63% of the capital on this day, up from 3% on Thu 31 Jul. $795M in all, up 6% on Thu 31 Jul.
The 5 biggest rounds
The 5 biggest rounds raised $584M, 73% of the total.
Mega-rounds against the rest
4 of 22 rounds made 65% of the capital.
| Rounds | Capital | |
|---|---|---|
| $100M or more | 4 | $514M |
| The rest | 18 | $281M |
Where the capital went
Health raised $504M, 63% of the capital. Choose a sector to filter the rounds below.
| Sector | Capital | Share | Rounds |
|---|---|---|---|
| Health | $504M | 63% | 6 |
| AI | $242M | 30% | 9 |
| Other | $20M | 3% | 1 |
| Robotics & Hardware | $14.8M | 2% | 2 |
| Web3 | $9M | 1% | 1 |
| Consumer | $4.1M | <1% | 2 |
| Fintech | $2M | <1% | 1 |
Where the rounds were
United States raised $502M, 63% of the capital. Rounds in 9 countries.
Most active investors
Norwest Venture Partners joined 2 rounds, leading 1, more than any other investor.
Rounds by stage
Seed was the most common stage: 8 rounds, median $3.3M. The median round size is under each column.
| Stage | Rounds | Median round |
|---|---|---|
| Pre-Seed | 2 | $2.5M |
| Seed | 8 | $3.3M |
| Series A | 3 | $25M |
| Series B | 6 | $70.4M |
| Growth | 1 | $131M |
| Other or undisclosed | 2 | $13M |
The cities that raised
Boston raised $153M, more than all of Europe ($47.9M). Rounds from 13 cities.
The last two weeks
This day against the 13 days before it. The biggest: Wed 30 Jul, $1.2B.
| Day | Rounds | Capital | Biggest round |
|---|---|---|---|
| Fri 25 Jul | 7 | $42.3M | MagREEsource, $27M |
| Sat 26 Jul | 0 | $0K | |
| Sun 27 Jul | 0 | $0K | |
| Mon 28 Jul | 14 | $635M | MapLight Therapeutics, $373M |
| Tue 29 Jul | 34 | $951M | Ambience Healthcare, $243M |
| Wed 30 Jul | 19 | $1.2B | Ramp, $500M |
| Thu 31 Jul | 17 | $753M | Anaconda, $150M |
| Fri 1 Aug | 6 | $63.8M | Fundamental Research Labs, $33M |
| Sat 2 Aug | 0 | $0K | |
| Sun 3 Aug | 1 | $1.2M | Deep.SA, $1.2M |
| Mon 4 Aug | 14 | $246M | Blue J, $122M |
| Tue 5 Aug | 23 | $774M | First Due, $355M |
| Wed 6 Aug | 26 | $421M | Rillet, $70M |
| Thu 7 Aug | 22 | $795M | Strand Therapeutics, $153M |
All rounds
- Strand TherapeuticsProgrammable mRNA cancer therapies, including IL-12 candidate STX-001Led by Kinnevik, with Regeneron Ventures, ICONIQ +8 $153MSeries B · United States
- Minghui PharmaceuticalLate-stage dermatology and oncology drug developerLed by OrbiMed, with Qiming Venture Partners, TF Capital +2 $131MGrowth · China
- Apreo HealthDeveloping the BREATHE airway scaffold implant for severe emphysemaLed by Bain Capital Life Sciences, with Norwest Venture Partners, F-Prime Capital +3 $130MSeries B · United States
- DecartReal-time generative video models and GPU optimizationLed by Sequoia Capital, with Benchmark, Zeev Ventures +1 $100MSeries B · Israel
- Chai DiscoveryFrontier AI models that predict and design molecular interactions, including de novo antibodiesLed by Menlo Ventures, with Anthology Fund, Yosemite +6 $70MSeries A · United States
- SNIPR BiomeCRISPR-based precision medicines that target bacteriaLed by Cystic Fibrosis Foundation, with SPRIN-D, Lundbeckfonden BioCapital +2 $40.8MSeries B · Denmark
- KustomerAI-native CRM and customer service platformLed by Norwest, with Battery Ventures, Redpoint Ventures +1 $30MSeries B · United States
- August HealthCloud software for senior living resident care, medications and billingLed by Base10 Partners, with General Catalyst, Matrix Partners +2 $29MSeries B · United States
- CasapAI software that automates card dispute resolution and detects first-party fraud for banksLed by Emergence Capital, with Lightspeed Venture Partners, Primary Venture Partners +1 $25MSeries A · United States
- OneSkinSkin longevity science and skincare productsLed by Prelude Growth Partners $20MSeries A · United States
- Maxwell BiosciencesSynthetic small molecules that mimic the human innate immune system $20MUnited States
- PerleWeb3-based AI training data platform paying contributors for human data reviewLed by Framework Ventures $9MSeed · United States
- Orbital OperationsBuilds high-thrust orbital vehicles for satellite maneuvering and defenseLed by Initialized Capital, with Harpoon Ventures, DTX Ventures +3 $8.8MSeed · United States
- Translucent AIAI financial analyst acting as a virtual CFO assistant for hospitalsLed by New Enterprise Associates, with Virtue VC, FPV Ventures +1 $7MSeed · United States
- XpandModular robotic staffless retail units, store-in-a-box, run around the clockLed by Ibex Investors, with Emerge $6MIsrael
- TracelightExcel add-in connecting LLMs to financial modelingLed by Chalfen Ventures, with Acequia Capital, Inovo +3 $3.6MSeed · United Kingdom
- OUTZIDRDigital-first fashion brand for Gen Z womenLed by RTP Global, with Stellaris Venture Partners $3.1MPre-Series A · India
- WiseBeeAutonomous AI cyber defence for mid-sized regulated companiesLed by Frontline Ventures, with BrightCap Ventures $2.5MPre-Seed · Bulgaria
- Xovian AerospaceBuilds RF satellites and AI software turning RF data into insightsLed by Piper Serica, with Turbostart, Inflection Point Ventures +1 $2.5MPre-Seed · India
- TurnStayPayments platform cutting card costs for African travel merchantsLed by First Circle Capital, with TLcom Capital, Enza Capital +3 $2MSeed · South Africa
- Flox RoboticsAI and robotics to reduce human-wildlife conflictLed by Unconventional Ventures, with Norrsken Accelerate, Almi Invest +2 $1MSeed · Sweden
- MangoPointExports chemical-free Indian mangoes and mango productsLed by Inflection Point Ventures, with The Chennai Angels, Native Angel Network +1 $1MPre-Series A · India
No round matches these filters.