Daily edition

Tuesday 16 September 2025

45 rounds and $2.1B raised. The biggest: Figure, $1B.

Rounds
45 +29%
Capital raised
$2.1B -27%
Median round
$11.8M +82%

vs Tue 9 Sept

The day in charts

Robotics & Hardware took 48% of the capital on this day, up from <1% on Tue 9 Sept. Figure alone raised $1B, 47% of it.

The 5 biggest rounds

The 5 biggest rounds raised $1.5B, 70% of the total.

The 5 biggest rounds, Tuesday 16 September 2025Figure: $1B; Nothing: $200M; Invisible Technologies: $100M; Ollin Biosciences: $100M; SEON: $80M Figure $1B · Series C Nothing $200M · Series C Invisible Technologies $100M · Growth Ollin Biosciences $100M · Series A SEON $80M · Series C

Mega-rounds against the rest

4 of 45 rounds made 66% of the capital.

9% of the rounds were of $100M or more 9%of the rounds4 of 4566% of the capital came from rounds of $100M or more 66%of the capital$1.4B of $2.1B
Rounds of $100M or more, Tuesday 16 September 2025
RoundsCapital
$100M or more4$1.4B
The rest41$719M

Where the capital went

Robotics & Hardware raised $1B, 48% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Tuesday 16 September 2025 48% Robotics & Hard… Robotics & Hardware $1B 3 rounds 48% AI $670M 18 rounds 32% Health $186M 8 rounds 9% Enterprise software $107M 5 rounds 5% Fintech $77.7M 3 rounds 4% Other sectors $63.5M 8 rounds 3%
Capital by sector, Tuesday 16 September 2025
SectorCapitalShareRounds
Robotics & Hardware$1B48%3
AI$670M32%18
Health$186M9%8
Enterprise software$107M5%5
Fintech$77.7M4%3
Consumer$43.1M2%3
Cybersecurity$11.7M<1%2
Climate & Energy$4.5M<1%1
Other$4.2M<1%2

Where the rounds were

United States raised $1.4B, 68% of the capital. Rounds in 19 countries.

Capital by country, Tuesday 16 September 2025United States: $1.4B; United Kingdom: $209M; Israel: $96.5M; Hungary: $80M; France: $70.3M; India: $40M; Brazil: $38.4M; Ireland: $37M; Romania: $31M; Spain: $21.1M; Germany: $18.9M; Ukraine: $15M United States $1.4B · 11 rounds United Kingdom $209M · 2 rounds Israel $96.5M · 4 rounds Hungary $80M · 1 round France $70.3M · 7 rounds India $40M · 2 rounds Brazil $38.4M · 2 rounds Ireland $37M · 1 round

Most active investors

Accel joined 2 rounds, leading 1, more than any other investor.

Most active investors, Tuesday 16 September 2025Accel: 2 rounds, 1 led; Qualcomm Ventures: 2 rounds, 0 led; CRV: 2 rounds, 0 led; General Catalyst: 2 rounds, 0 led; TQ Ventures: 2 rounds, 0 led; Parkway Venture Capital: 1 rounds, 1 led; Tiger Global: 1 rounds, 1 led; ARCH Venture Partners: 1 rounds, 1 led; Vanara Capital: 1 rounds, 1 led; Sixth Street Growth: 1 rounds, 1 ledLedJoined Accel 2 rounds · 1 led Qualcomm Ventures 2 rounds CRV 2 rounds General Catalyst 2 rounds TQ Ventures 2 rounds Parkway Venture Capital 1 round · 1 led Tiger Global 1 round · 1 led ARCH Venture Partners 1 round · 1 led Vanara Capital 1 round · 1 led Sixth Street Growth 1 round · 1 led

Rounds by stage

Series A was the most common stage: 12 rounds, median $15M. The median round size is under each column.

Rounds by stage, Tuesday 16 September 2025 2 Pre $411K 11 Seed $4.1M 12 A $15M 4 B $46M 5 C $80M 1 Growth $100M 10 Other $4.9M
Rounds by stage, Tuesday 16 September 2025
StageRoundsMedian round
Pre-Seed2$411K
Seed11$4.1M
Series A12$15M
Series B4$46M
Series C5$80M
Growth1$100M
Other or undisclosed10$4.9M

The cities that raised

San Jose raised $1B, more than all of Europe ($505M). Rounds from 17 cities.

Capital by city, Tuesday 16 September 2025San Jose: $1B; New York: $220M; London: $209M; Tel Aviv: $96.5M; Budapest: $80M; San Francisco: $60M; Paris: $48.6M; Dublin: $37M; Bengaluru: $35M; Bucharest: $31M; Seattle: $15M; Mumbai: $5M San Jose $1B · 1 round New York $220M · 4 rounds London $209M · 2 rounds Tel Aviv $96.5M · 4 rounds Budapest $80M · 1 round San Francisco $60M · 1 round

The last two weeks

This day against the 13 days before it. The biggest: Tue 9 Sept, $2.9B.

Capital raised per day, Tuesday 16 September 2025 Wed 3 Sept: $1.1B, 24 rounds; Thu 4 Sept: $1.3B, 44 rounds; Fri 5 Sept: $284M, 11 rounds; Sat 6 Sept: $453K, 1 round; Sun 7 Sept: $10.4M, 2 rounds; Mon 8 Sept: $1.6B, 21 rounds; Tue 9 Sept: $2.9B, 35 rounds; Wed 10 Sept: $2.2B, 33 rounds; Thu 11 Sept: $191M, 21 rounds; Fri 12 Sept: $232M, 7 rounds; Sat 13 Sept: $0K, 0 rounds; Sun 14 Sept: $0K, 0 rounds; Mon 15 Sept: $1.1B, 25 rounds; Tue 16 Sept: $2.1B, 45 rounds $1B$2B$3B 3 4 5 6 7 8 9 10 11 12 13 14 15 16 $2.9B$2.1B
Capital raised per day, Tuesday 16 September 2025
DayRoundsCapitalBiggest round
Wed 3 Sept24$1.1BIQM Quantum Computers, $300M
Thu 4 Sept44$1.3BSierra, $350M
Fri 5 Sept11$284MBaseten, $150M
Sat 6 Sept1$453KDectrocel, $453K
Sun 7 Sept2$10.4MIndrajaal, $5.4M
Mon 8 Sept21$1.6BDatabricks, $1B
Tue 9 Sept35$2.9BMistral AI, $2B
Wed 10 Sept33$2.2BPsiQuantum, $1B
Thu 11 Sept21$191MDiana Health, $55M
Fri 12 Sept7$232MApex, $200M
Sat 13 Sept0$0K
Sun 14 Sept0$0K
Mon 15 Sept25$1.1BDivergent Technologies, $250M
Tue 16 Sept45$2.1BFigure, $1B
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