Daily edition

Tuesday 9 September 2025

35 rounds and $2.9B raised. The biggest: Mistral AI, $2B.

vs Tue 2 Sept

The day in charts

AI took 74% of the capital on this day, down from 97% on Tue 2 Sept. Mistral AI alone raised $2B, 68% of it.

The 5 biggest rounds raised $2.6B, 89% of the total.

4 of 35 rounds made 87% of the capital.

Rounds of $100M or more, Tuesday 9 September 2025
	Rounds	Capital
$100M or more	4	$2.5B
The rest	31	$385M

AI raised $2.2B, 74% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Tuesday 9 September 2025
Sector	Capital	Share	Rounds
AI	$2.2B	74%	17
Health	$521M	18%	5
Fintech	$146M	5%	6
Cybersecurity	$52.8M	2%	1
Robotics & Hardware	$19.7M	<1%	2
Climate & Energy	$14.6M	<1%	2
Other	$5.9M	<1%	1
Enterprise software	$730K	<1%	1

France raised $2.1B, 71% of the capital. Rounds in 16 countries.

General Catalyst joined 4 rounds, leading 2, more than any other investor.

Seed was the most common stage: 10 rounds, median $4.7M. The median round size is under each column.

Paris raised $2B, more than all of North America ($599M). Rounds from 20 cities.

This day against the 13 days before it. The biggest: Tue 2 Sept, $13.6B.

Capital raised per day, Tuesday 9 September 2025
Day	Rounds	Capital	Biggest round
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
Thu 4 Sept	44	$1.3B	Sierra, $350M
Fri 5 Sept	11	$284M	Baseten, $150M
Sat 6 Sept	1	$453K	Dectrocel, $453K
Sun 7 Sept	2	$10.4M	Indrajaal, $5.4M
Mon 8 Sept	21	$1.6B	Databricks, $1B
Tue 9 Sept	35	$2.9B	Mistral AI, $2B