Daily edition

Wednesday 20 August 2025

31 rounds and $1.6B raised. The biggest: Group14 Technologies, $463M.

Rounds
31 +72%
Capital raised
$1.6B ×7.2
Median round
$13.9M +142%

vs Wed 13 Aug

The day in charts

AI took 52% of the capital on this day, up from 29% on Wed 13 Aug. $1.6B in all, 7.2 times the total on Wed 13 Aug.

The 5 biggest rounds

The 5 biggest rounds raised $1.2B, 75% of the total.

The 5 biggest rounds, Wednesday 20 August 2025Group14 Technologies: $463M; FieldAI: $314M; EliseAI: $250M; Overhaul: $105M; Gathern: $72.1M Group14 Technologies $463M · Series D FieldAI $314M EliseAI $250M · Series E Overhaul $105M · Series C Gathern $72.1M · Series B

Mega-rounds against the rest

4 of 31 rounds made 71% of the capital.

13% of the rounds were of $100M or more 13%of the rounds4 of 3171% of the capital came from rounds of $100M or more 71%of the capital$1.1B of $1.6B
Rounds of $100M or more, Wednesday 20 August 2025
RoundsCapital
$100M or more4$1.1B
The rest27$466M

Where the capital went

AI raised $833M, 52% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Wednesday 20 August 2025 52% AI AI $833M 16 rounds 52% Climate & Energy $464M 2 rounds 29% Enterprise software $212M 3 rounds 13% Health $49.7M 2 rounds 3% Fintech $11.1M 2 rounds <1% Other sectors $27.6M 6 rounds 2%
Capital by sector, Wednesday 20 August 2025
SectorCapitalShareRounds
AI$833M52%16
Climate & Energy$464M29%2
Enterprise software$212M13%3
Health$49.7M3%2
Other$20.9M1%3
Fintech$11.1M<1%2
Consumer$4.2M<1%2
Robotics & Hardware$2.5M<1%1

Where the rounds were

United States raised $1.4B, 86% of the capital. Rounds in 13 countries.

Capital by country, Wednesday 20 August 2025United States: $1.4B; Saudi Arabia: $72.1M; Israel: $50M; Chile: $35M; United Kingdom: $22.1M; China: $13.9M; Mexico: $10M; Poland: $7.7M; Germany: $6.4M; Estonia: $2.5M; Singapore: $1.5M; India: $1.2M United States $1.4B · 16 rounds Saudi Arabia $72.1M · 1 round Israel $50M · 1 round Chile $35M · 1 round United Kingdom $22.1M · 3 rounds China $13.9M · 1 round Mexico $10M · 1 round Poland $7.7M · 1 round

Most active investors

Y Combinator joined 3 rounds, more than any other investor.

Most active investors, Wednesday 20 August 2025Y Combinator: 3 rounds, 0 led; Andreessen Horowitz: 2 rounds, 2 led; U.S. Venture Partners: 2 rounds, 1 led; Salesforce Ventures: 2 rounds, 1 led; Crane Venture Partners: 2 rounds, 0 led; SK: 1 rounds, 1 led; Bezos Expeditions: 1 rounds, 1 led; Springcoast Partners: 1 rounds, 1 led; Sanabil Investments: 1 rounds, 1 led; Sienna Venture Capital: 1 rounds, 1 ledLedJoined Y Combinator 3 rounds Andreessen Horowitz 2 rounds · 2 led U.S. Venture Partners 2 rounds · 1 led Salesforce Ventures 2 rounds · 1 led Crane Venture Partners 2 rounds SK 1 round · 1 led Bezos Expeditions 1 round · 1 led Springcoast Partners 1 round · 1 led Sanabil Investments 1 round · 1 led Sienna Venture Capital 1 round · 1 led

Rounds by stage

Seed was the most common stage: 10 rounds, median $2.5M. The median round size is under each column.

Rounds by stage, Wednesday 20 August 2025 2 Pre $3.7M 10 Seed $2.5M 6 A $17M 5 B $32M 2 C $74M 1 D $463M 1 E+ $250M 2 Growth $20M 2 Other $161M
Rounds by stage, Wednesday 20 August 2025
StageRoundsMedian round
Pre-Seed2$3.7M
Seed10$2.5M
Series A6$17.1M
Series B5$32M
Series C2$73.5M
Series D1$463M
Series E+1$250M
Growth2$19.5M
Other or undisclosed2$161M

The cities that raised

Irvine raised $314M, more than all of Asia ($139M). Rounds from 11 cities.

Capital by city, Wednesday 20 August 2025Irvine: $314M; New York: $291M; San Francisco: $77.3M; Riyadh: $72.1M; London: $18.1M; Mexico City: $10M; Boston: $8.6M; Munich: $6.4M; Newcastle: $4M; Tallinn: $2.5M; Stockholm: $1M Irvine $314M · 1 round New York $291M · 3 rounds San Francisco $77.3M · 3 rounds Riyadh $72.1M · 1 round London $18.1M · 2 rounds Mexico City $10M · 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, Wednesday 20 August 2025 Thu 7 Aug: $795M, 22 rounds; Fri 8 Aug: $29.6M, 6 rounds; Sat 9 Aug: $0K, 0 rounds; Sun 10 Aug: $85M, 2 rounds; Mon 11 Aug: $606M, 19 rounds; Tue 12 Aug: $487M, 37 rounds; Wed 13 Aug: $222M, 18 rounds; Thu 14 Aug: $792M, 19 rounds; Fri 15 Aug: $3M, 3 rounds; Sat 16 Aug: $0K, 0 rounds; Sun 17 Aug: $0K, 0 rounds; Mon 18 Aug: $285M, 19 rounds; Tue 19 Aug: $704M, 28 rounds; Wed 20 Aug: $1.6B, 31 rounds $1B$2B 7 8 9 10 11 12 13 14 15 16 17 18 19 20 $1.6B
Capital raised per day, Wednesday 20 August 2025
DayRoundsCapitalBiggest round
Thu 7 Aug22$795MStrand Therapeutics, $153M
Fri 8 Aug6$29.6MMonato, $13M
Sat 9 Aug0$0K
Sun 10 Aug2$85MTruemeds, $65M
Mon 11 Aug19$606MAira, $174M
Tue 12 Aug37$487M1Kosmos, $47M
Wed 13 Aug18$222MAppcharge, $58M
Thu 14 Aug19$792MCohere, $500M
Fri 15 Aug3$3MGrand PMS, $1.8M
Sat 16 Aug0$0K
Sun 17 Aug0$0K
Mon 18 Aug19$285MIVIX, $60M
Tue 19 Aug28$704MWeaver Services, $170M
Wed 20 Aug31$1.6BGroup14 Technologies, $463M
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