Daily edition

Wednesday 10 September 2025

33 rounds and $2.2B raised. The biggest: PsiQuantum, $1B.

vs Wed 3 Sept

The day in charts

AI took 25% of the capital on this day, about the same as on Wed 3 Sept. PsiQuantum alone raised $1B, 45% of it.

The 5 biggest rounds raised $1.9B, 85% of the total.

5 of 33 rounds made 85% of the capital.

Rounds of $100M or more, Wednesday 10 September 2025
	Rounds	Capital
$100M or more	5	$1.9B
The rest	28	$336M

AI raised $557M, 25% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Wednesday 10 September 2025
Sector	Capital	Share	Rounds
Other	$1B	46%	3
AI	$557M	25%	14
Health	$539M	24%	4
Cybersecurity	$62.6M	3%	4
Climate & Energy	$15.2M	<1%	1
Consumer	$13.3M	<1%	3
Enterprise software	$8.9M	<1%	2
Fintech	$6.4M	<1%	1
Robotics & Hardware	$2.8M	<1%	1

United States raised $1.9B, 84% of the capital. Rounds in 13 countries.

NVentures joined 2 rounds, more than any other investor.

Series A was the most common stage: 10 rounds, median $22M. The median round size is under each column.

Palo Alto raised $1B, more than all of Europe ($277M). Rounds from 13 cities.

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

Capital raised per day, Wednesday 10 September 2025
Day	Rounds	Capital	Biggest round
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
Wed 10 Sept	33	$2.2B	PsiQuantum, $1B