Daily edition

Monday 25 August 2025

25 rounds and $336M raised. The biggest: Paragraf, $55M.

Rounds
25 +32%
Capital raised
$336M +18%
Median round
$10M +69%

vs Mon 18 Aug

The day in charts

Health took 30% of the capital on this day, up from 17% on Mon 18 Aug. $336M in all, up 18% on Mon 18 Aug.

The 5 biggest rounds

The 5 biggest rounds raised $185M, 55% of the total.

The 5 biggest rounds, Monday 25 August 2025Paragraf: $55M; Arnatar Therapeutics: $52M; Vaxxas: $32M; Kiwi: $24M; Holo: $22M Paragraf $55M · Series C A Arnatar Therapeutics $52M · Series A V Vaxxas $32M · Series D Kiwi $24M · Series B Holo $22M · Series A

Where the capital went

Health raised $100M, 30% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Monday 25 August 2025 30% Health Health $100M 4 rounds 30% Fintech $95.4M 6 rounds 28% Robotics & Hardware $67M 2 rounds 20% AI $42.8M 7 rounds 13% Web3 $22.2M 3 rounds 7% Other sectors $8M 3 rounds 2%
Capital by sector, Monday 25 August 2025
SectorCapitalShareRounds
Health$100M30%4
Fintech$95.4M28%6
Robotics & Hardware$67M20%2
AI$42.8M13%7
Web3$22.2M7%3
Climate & Energy$3.1M<1%1
Other$2.9M<1%1
Consumer$2M<1%1

Where the rounds were

United States raised $104M, 31% of the capital. Rounds in 12 countries.

Capital by country, Monday 25 August 2025United States: $104M; India: $72.5M; United Kingdom: $55M; Australia: $36.8M; United Arab Emirates: $22M; Indonesia: $16.7M; Saudi Arabia: $12M; Hong Kong: $5.5M; Germany: $3.7M; Finland: $2.9M; Denmark: $2.3M; Estonia: $2.1M United States $104M · 6 rounds India $72.5M · 7 rounds United Kingdom $55M · 1 round Australia $36.8M · 3 rounds United Arab Emirates $22M · 1 round Indonesia $16.7M · 1 round Saudi Arabia $12M · 1 round Hong Kong $5.5M · 1 round

Most active investors

Antler joined 2 rounds, more than any other investor.

Most active investors, Monday 25 August 2025Antler: 2 rounds, 0 led; Mubadala Investment Company: 1 rounds, 1 led; Eight Roads: 1 rounds, 1 led; SPRIM Global Investments: 1 rounds, 1 led; Vertex Ventures SEA & India: 1 rounds, 1 led; Impact46: 1 rounds, 1 led; British International Investment: 1 rounds, 1 led; Square Peg: 1 rounds, 1 led; 8VC: 1 rounds, 1 led; Core Vision Investment: 1 rounds, 1 ledLedJoined Antler 2 rounds Mubadala Investment Company 1 round · 1 led Eight Roads 1 round · 1 led SPRIM Global Investments 1 round · 1 led Vertex Ventures SEA & India 1 round · 1 led Impact46 1 round · 1 led British International Investm… 1 round · 1 led Square Peg 1 round · 1 led 8VC 1 round · 1 led Core Vision Investment 1 round · 1 led

Rounds by stage

Series A was the most common stage: 9 rounds, median $12M. The median round size is under each column.

Rounds by stage, Monday 25 August 2025 2 Pre $2.2M 5 Seed $3.7M 9 A $12M 2 B $17M 1 C $55M 1 D $32M 1 Growth $19M 4 Other $4.4M
Rounds by stage, Monday 25 August 2025
StageRoundsMedian round
Pre-Seed2$2.2M
Seed5$3.7M
Series A9$12M
Series B2$17M
Series C1$55M
Series D1$32M
Growth1$19.4M
Other or undisclosed4$4.4M

The cities that raised

San Diego raised $52M, more than all of Oceania ($36.8M). Rounds from 12 cities.

Capital by city, Monday 25 August 2025San Diego: $52M; Bengaluru: $24M; Dubai: $22M; Pune: $19.4M; Hyderabad: $16M; San Francisco: $12M; Riyadh: $12M; New York: $10.7M; Miami: $6.7M; Copenhagen: $2.3M; Tallinn: $2.1M; New Delhi: $2M San Diego $52M · 1 round Bengaluru $24M · 1 round Dubai $22M · 1 round Pune $19.4M · 1 round Hyderabad $16M · 2 rounds San Francisco $12M · 1 round

The last two weeks

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

Capital raised per day, Monday 25 August 2025 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; Fri 22 Aug: $143M, 9 rounds; Sat 23 Aug: $0K, 0 rounds; Sun 24 Aug: $150K, 1 round; Mon 25 Aug: $336M, 25 rounds $1B$2B 12 13 14 15 16 17 18 19 20 21 22 23 24 25 $1.6B$336M
Capital raised per day, Monday 25 August 2025
DayRoundsCapitalBiggest round
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
Fri 22 Aug9$143MStarian, $117M
Sat 23 Aug0$0K
Sun 24 Aug1$150KZaher AI, $150K
Mon 25 Aug25$336MParagraf, $55M
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