Daily edition

Tuesday 23 September 2025

34 rounds and $621M raised. The biggest: Judi Health, $252M.

vs Tue 16 Sept

The day in charts

AI took 51% of the capital on this day, up from 32% on Tue 16 Sept. Judi Health alone raised $252M, 41% of it.

The 5 biggest rounds raised $463M, 75% of the total.

2 of 34 rounds made 62% of the capital.

Rounds of $100M or more, Tuesday 23 September 2025
	Rounds	Capital
$100M or more	2	$388M
The rest	32	$233M

AI raised $317M, 51% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Tuesday 23 September 2025
Sector	Capital	Share	Rounds
AI	$317M	51%	15
Web3	$143M	23%	2
Fintech	$67.7M	11%	5
Consumer	$30.9M	5%	3
Enterprise software	$27.2M	4%	3
Climate & Energy	$21M	3%	2
Other	$11.7M	2%	2
Robotics & Hardware	$2M	<1%	2

United States raised $301M, 48% of the capital. Rounds in 11 countries.

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

Seed was the most common stage: 13 rounds, median $5M. The median round size is under each column.

New York raised $259M, more than all of Asia ($14.7M). Rounds from 16 cities.

This day against the 13 days before it. The biggest: Wed 10 Sept, $2.2B.

Capital raised per day, Tuesday 23 September 2025
Day	Rounds	Capital	Biggest round
Wed 10 Sept	33	$2.2B	PsiQuantum, $1B
Thu 11 Sept	21	$191M	Diana Health, $55M
Fri 12 Sept	7	$232M	Apex, $200M
Sat 13 Sept	0	$0K
Sun 14 Sept	0	$0K
Mon 15 Sept	25	$1.1B	Divergent Technologies, $250M
Tue 16 Sept	45	$2.1B	Figure, $1B
Wed 17 Sept	37	$1.5B	Groq, $750M
Thu 18 Sept	28	$419M	Infra.Market, $83.1M
Fri 19 Sept	10	$148M	Nxtfood, $57.5M
Sat 20 Sept	0	$0K
Sun 21 Sept	0	$0K
Mon 22 Sept	30	$847M	AppZen, $180M
Tue 23 Sept	34	$621M	Judi Health, $252M