Daily edition

Thursday 21 August 2025

18 rounds and $476M raised. The biggest: Ontic, $230M.

Rounds
18 -5%
Capital raised
$476M -40%
Median round
$4.3M -49%

vs Thu 14 Aug

The day in charts

Cybersecurity took 48% of the capital on this day, after none on Thu 14 Aug. Ontic alone raised $230M, 48% of it.

The 5 biggest rounds

The 5 biggest rounds raised $405M, 85% of the total.

The 5 biggest rounds, Thursday 21 August 2025Ontic: $230M; Stark: $62M; Twin Health: $53M; Wellth: $36M; Loft Dynamics: $24M Ontic $230M · Series C S Stark $62M · Series A Twin Health $53M · Series E Wellth $36M · Series C L Loft Dynamics $24M · Series B

Mega-rounds against the rest

One round, Ontic at $230M, made 48% of the capital.

6% of the rounds were of $100M or more 6%of the rounds1 of 1848% of the capital came from rounds of $100M or more 48%of the capital$230M of $476M
Rounds of $100M or more, Thursday 21 August 2025
RoundsCapital
$100M or more1$230M
The rest17$246M

Where the capital went

Cybersecurity raised $230M, 48% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Thursday 21 August 2025 48% Cybersecurity Cybersecurity $230M 1 round 48% AI $87.8M 7 rounds 18% Robotics & Hardware $62M 1 round 13% Health $36.5M 2 rounds 8% Climate & Energy $22M 1 round 5% Other sectors $37.6M 6 rounds 8%
Capital by sector, Thursday 21 August 2025
SectorCapitalShareRounds
Cybersecurity$230M48%1
AI$87.8M18%7
Robotics & Hardware$62M13%1
Health$36.5M8%2
Other$24M5%1
Climate & Energy$22M5%1
Web3$5M1%1
Enterprise software$3.5M<1%1
Consumer$2.7M<1%2
Fintech$2.4M<1%1

Where the rounds were

United States raised $351M, 74% of the capital. Rounds in 10 countries.

Capital by country, Thursday 21 August 2025United States: $351M; Germany: $62M; Switzerland: $24M; Canada: $22M; United Kingdom: $8.5M; Malaysia: $2.4M; Sweden: $2.2M; India: $1.8M; France: $1.5M; Saudi Arabia: $1.1M United States $351M · 6 rounds Germany $62M · 1 round Switzerland $24M · 1 round Canada $22M · 1 round United Kingdom $8.5M · 2 rounds Malaysia $2.4M · 1 round Sweden $2.2M · 2 rounds India $1.8M · 2 rounds

Rounds by stage

Seed was the most common stage: 4 rounds, median $3.3M. The median round size is under each column.

Rounds by stage, Thursday 21 August 2025 2 Pre $1M 4 Seed $3.3M 2 A $41M 1 B $24M 2 C $133M 1 E+ $53M 6 Other $2M
Rounds by stage, Thursday 21 August 2025
StageRoundsMedian round
Pre-Seed2$1M
Seed4$3.3M
Series A2$41M
Series B1$24M
Series C2$133M
Series E+1$53M
Other or undisclosed6$2M

The cities that raised

Austin raised $230M, more than all of Europe ($98.2M). Rounds from 9 cities.

Capital by city, Thursday 21 August 2025Austin: $230M; Berlin: $62M; Mountain View: $53M; Zurich: $24M; Richmond: $22M; London: $8.5M; Riyadh: $1.1M; Gothenburg: $521K; Bengaluru: $159K Austin $230M · 1 round Berlin $62M · 1 round Mountain View $53M · 1 round Zurich $24M · 1 round Richmond $22M · 1 round London $8.5M · 2 rounds

The last two weeks

This day against the 13 days before it. The biggest: Wed 20 Aug, $1.6B.

Capital raised per day, Thursday 21 August 2025 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; Thu 21 Aug: $476M, 18 rounds $1B$2B 8 9 10 11 12 13 14 15 16 17 18 19 20 21 $1.6B$476M
Capital raised per day, Thursday 21 August 2025
DayRoundsCapitalBiggest round
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
Thu 21 Aug18$476MOntic, $230M

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