Daily edition
Thursday 28 August 2025
13 rounds and $1.1B raised. The biggest: Commonwealth Fusion Systems, $863M.
- Rounds
- 13 -28%
- Capital raised
- $1.1B +127%
- Median round
- $20M ×4.7
vs Thu 21 Aug
The day in charts
Climate & Energy took 80% of the capital on this day, up from 5% on Thu 21 Aug. Commonwealth Fusion Systems alone raised $863M, 80% of it.
The 5 biggest rounds
The 5 biggest rounds raised $1B, 95% of the total.
Mega-rounds against the rest
One round, Commonwealth Fusion Systems at $863M, made 80% of the capital.
| Rounds | Capital | |
|---|---|---|
| $100M or more | 1 | $863M |
| The rest | 12 | $218M |
Where the capital went
Climate & Energy raised $863M, 80% of the capital. Choose a sector to filter the rounds below.
| Sector | Capital | Share | Rounds |
|---|---|---|---|
| Climate & Energy | $863M | 80% | 1 |
| Web3 | $128M | 12% | 3 |
| Fintech | $54.7M | 5% | 3 |
| AI | $29.2M | 3% | 4 |
| Health | $6.1M | <1% | 1 |
| Consumer | $200K | <1% | 1 |
Where the rounds were
United States raised $1B, 95% of the capital. Rounds in 7 countries.
Rounds by stage
Seed was the most common stage: 4 rounds, median $3.5M. The median round size is under each column.
| Stage | Rounds | Median round |
|---|---|---|
| Seed | 4 | $3.5M |
| Series B | 3 | $58M |
| Growth | 1 | $30M |
| Other or undisclosed | 5 | $3.7M |
The cities that raised
Devens raised $863M, more than all of Europe ($34.2M). Rounds from 4 cities.
The last two weeks
This day against the 13 days before it. The biggest: Wed 20 Aug, $1.6B.
| Day | Rounds | Capital | Biggest round |
|---|---|---|---|
| Fri 15 Aug | 3 | $3M | Grand PMS, $1.8M |
| Sat 16 Aug | 0 | $0K | |
| Sun 17 Aug | 0 | $0K | |
| Mon 18 Aug | 19 | $285M | IVIX, $60M |
| Tue 19 Aug | 28 | $704M | Weaver Services, $170M |
| Wed 20 Aug | 31 | $1.6B | Group14 Technologies, $463M |
| Thu 21 Aug | 18 | $476M | Ontic, $230M |
| Fri 22 Aug | 9 | $143M | Starian, $117M |
| Sat 23 Aug | 0 | $0K | |
| Sun 24 Aug | 1 | $150K | Zaher AI, $150K |
| Mon 25 Aug | 25 | $336M | Paragraf, $55M |
| Tue 26 Aug | 24 | $344M | Aerospacelab, $65.3M |
| Wed 27 Aug | 20 | $185M | Leal Therapeutics, $30M |
| Thu 28 Aug | 13 | $1.1B | Commonwealth Fusion Systems, $863M |
Most active investors
All rounds
- Commonwealth Fusion SystemsBuilds tokamak fusion power plants, using high-temperature superconducting magnetsLed by NVentures (Nvidia), with Counterpoint Global (Morgan Stanley), Stanley Druckenmiller +6 $863MSeries B · United States
- RainStablecoin-backed Visa card and payments platform for enterprisesLed by Sapphire Ventures, with Dragonfly, Galaxy Ventures +4 $58MSeries B · United States
- Portal to BitcoinBitcoin-first protocol letting users trade native BTC without wrapped tokens or bridgesLed by Paloma Investments $50MUnited States
- AtomicEmbedded investing infrastructure platform for apps and brokeragesLed by Aquiline Capital Partners, with Brewer Lane Ventures, QED Investors +2 $30MGrowth · United States
- Maisa AIAgentic AI platform building trustworthy digital workers for enterprisesLed by Creandum, with Forgepoint Capital International, NFX +1 $25MSeed · Spain
- TransBnkAPI banking platform for escrow management, cash flow automation and reconciliationLed by Bessemer Venture Partners, with Arkam Ventures, Fundamentum Partnership +3 $21MSeries B · India
- aPrioriOnchain high-frequency trading and liquid staking infrastructure built by ex-Jump and Citadel quantsLed by HashKey Capital, with Pantera Capital, Primitive Ventures +4 $20MUnited States
- EnsiliTechStabilizes vaccines and biologics at room temperature using silica encapsulationLed by Eos Advisory, with Calculus Capital, Empirical Ventures +4 $6.1MSeed · United Kingdom
- VAASTransaction monitoring and risk management against fraud, including PixLed by Headline, with ABSeed, Honey Island $3.7MBrazil
- BoardClicBoard and management team evaluation platform adding AI analysisLed by Tom Nyman Holding AB, with Hartung Capital, Subvenio Invest $2MSweden
- OnsaiAutonomous AI voice and agent tools for hotelsLed by SIVentures, with Willem van der Zee, Wolfgang M. Neumann $1.2MGermany
- OrdinalAI research assistant and public chatbot for local governmentsLed by Plains Ventures, with Winrock International, The Venture Center Arkansas $1MSeed · United States
- BhaoBhaoProvides at-home grooming for dogs and cats in Mumbai with certified groomersLed by Angel investors (unnamed) $200KSeed · India
No round matches these filters.