Daily edition
Wednesday 3 September 2025
24 rounds and $1.1B raised. The biggest: IQM Quantum Computers, $300M.
- Rounds
- 24 +20%
- Capital raised
- $1.1B ×6
- Median round
- $25.7M ×3.5
vs Wed 27 Aug
The day in charts
Robotics & Hardware took 28% of the capital on this day, after none on Wed 27 Aug. $1.1B in all, 6 times the total on Wed 27 Aug.
The 5 biggest rounds
The 5 biggest rounds raised $670M, 60% of the total.
Mega-rounds against the rest
3 of 24 rounds made 45% of the capital.
| Rounds | Capital | |
|---|---|---|
| $100M or more | 3 | $500M |
| The rest | 21 | $613M |
Where the capital went
Robotics & Hardware raised $310M, 28% of the capital. Choose a sector to filter the rounds below.
| Sector | Capital | Share | Rounds |
|---|---|---|---|
| Robotics & Hardware | $310M | 28% | 2 |
| AI | $283M | 25% | 8 |
| Fintech | $133M | 12% | 4 |
| Health | $112M | 10% | 3 |
| Other | $99M | 9% | 2 |
| Cybersecurity | $85M | 8% | 2 |
| Web3 | $40M | 4% | 1 |
| Enterprise software | $28M | 3% | 1 |
| Climate & Energy | $23.3M | 2% | 1 |
Where the rounds were
United States raised $623M, 56% of the capital. Rounds in 9 countries.
Most active investors
General Catalyst joined 3 rounds, leading 2, more than any other investor.
Rounds by stage
Series A was the most common stage: 6 rounds, median $11.3M. The median round size is under each column.
| Stage | Rounds | Median round |
|---|---|---|
| Seed | 4 | $6.5M |
| Series A | 6 | $11.3M |
| Series B | 6 | $37.3M |
| Series C | 3 | $100M |
| Series D | 1 | $85M |
| Series E+ | 1 | $65M |
| Other or undisclosed | 3 | $23.3M |
The cities that raised
Espoo raised $300M, more than all of Asia ($41.2M). Rounds from 10 cities.
The last two weeks
This day against the 13 days before it. The biggest: Tue 2 Sept, $13.6B.
| Day | Rounds | Capital | Biggest round |
|---|---|---|---|
| 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 |
| Fri 29 Aug | 7 | $52M | Deftpower, $14.6M |
| Sat 30 Aug | 0 | $0K | |
| Sun 31 Aug | 0 | $0K | |
| Mon 1 Sept | 11 | $152M | LayerX, $100M |
| Tue 2 Sept | 28 | $13.6B | Anthropic, $13B |
| Wed 3 Sept | 24 | $1.1B | IQM Quantum Computers, $300M |
All rounds
- IQM Quantum ComputersBuilds superconducting quantum computersLed by Ten Eleven Ventures, with Tesi $300MSeries B · Finland
- Galvanize TherapeuticsCommercial-stage pulsed electric field therapies for cancer and chronic lung diseaseLed by Sofinnova Partners, with Fidelity $100MSeries C · United States
- You.comAI platform and APIs giving developers and enterprises web-grounded AI answersLed by Cox Enterprises, with Georgian, Norwest Venture Partners +1 $100MSeries C · United States
- ExaSearch engine and API built for AI agents and applicationsLed by Benchmark, with Lightspeed Venture Partners, NVentures (NVIDIA) +1 $85MSeries B · United States
- ViCentraMaker of the Kaleido insulin patch pump for people with diabetesLed by Innovation Industries, with Partners in Equity, Invest-NL +2 $85MSeries D · Netherlands
- Shift5Operational intelligence platform for defense and commercial transportation assetsLed by Hedosophia, with Insight Partners, Center 15 Capital +2 $75MSeries C · United States
- ID.meDigital identity verification platform used by government agencies and businessesLed by Ribbit Capital, with Moonshots Capital, Positive Sum +1 $65MSeries E · United States
- HappyRobotAI agents that run phone and email work for freight and logistics operatorsLed by Base10 Partners, with Andreessen Horowitz, Y Combinator +3 $44MSeries B · United States
- EtherealizeBuilds Ethereum-based trading, tokenization and settlement products for Wall StreetLed by Electric Capital, with Paradigm $40MUnited States
- AllocatePlatform automating private market investing for wealth advisors and family officesLed by Portage Ventures, with Andreessen Horowitz, M13 +1 $30.5MSeries B · United States
- ModernFiDeposit network and liquidity management infrastructure for banks and credit unionsLed by Canapi Ventures, with Andreessen Horowitz, Curql +2 $30MSeries B · United States
- SeekhoShort-form video learning platform in Indian languagesLed by Bessemer Venture Partners, with Goodwater Capital, Lightspeed Venture Partners +1 $28MSeries B · India
- WattAnyWhereFuel cell generators providing off-grid electricity for e-mobilityLed by Ambitious Air Mobility Group $23.3MSwitzerland
- Orchard RoboticsAI camera system mounted on farm vehicles to monitor cropsLed by Quiet Capital, with Shine Capital, General Catalyst +4 $22MSeries A · United States
- XamplaPlant-protein materials replacing single-use plastic films, linings and sachetsLed by Emerald Technology Ventures, with BGF, Matterwave Ventures +2 $14MSeries A · United Kingdom
- IntellaArabic speech intelligence covering transcription, analytics and customer engagementLed by Prosus Ventures, with 500 Global, Waed Ventures +3 $12.5MSeries A · Egypt
- Aurelius SystemsAutonomous low-cost laser systems to counter dronesLed by General Catalyst, with Draper Associates $10MSeed · United States
- Tidal CyberThreat-informed defense platform for security teamsLed by Bright Pixel Capital, with USAA, Squadra Ventures +1 $10MSeries A · United States
- ToteatRestaurant operations platform for orders, inventory, payments and multi-location managementLed by Taram, with Morro Ventures $7.4MChile
- Reveal HealthTechAI transformation partner building multimodal AI products for US healthcare and life sciences companiesLed by Leo Capital, with Sanos Capital $7.2MSeries A · India
- ArcaScienceAI platform for benefit-risk assessment of drugs during developmentLed by The Moon Venture, with Pléiade Venture, Plug&Play Ventures +2 $7MSeed · France
- PlatinumRxOnline pharmacy delivering affordable branded generics in IndiaLed by Stellaris Venture Partners, with India Quotient $6MSeries A · India
- MerokaEmployee-owned model and software for independent physician practicesLed by Better Tomorrow Ventures, with Slow Ventures, 8VC $6MSeed · United States
- Human BehaviorVision AI analytics that explains why users convert, churn or stay engagedLed by General Catalyst, with Y Combinator, Paul Graham +1 $5MSeed · United States
No round matches these filters.