Daily edition
Monday 29 September 2025
20 rounds and $438M raised. The biggest: Star Therapeutics, $125M.
- Rounds
- 20 -33%
- Capital raised
- $438M -48%
- Median round
- $14.5M +164%
vs Mon 22 Sept
The day in charts
Health took 45% of the capital on this day, up from 14% on Mon 22 Sept. $438M in all, down 48% on Mon 22 Sept.
The 5 biggest rounds
The 5 biggest rounds raised $289M, 66% of the total.
Mega-rounds against the rest
One round, Star Therapeutics at $125M, made 29% of the capital.
| Rounds | Capital | |
|---|---|---|
| $100M or more | 1 | $125M |
| The rest | 19 | $313M |
Where the capital went
Health raised $197M, 45% of the capital. Choose a sector to filter the rounds below.
| Sector | Capital | Share | Rounds |
|---|---|---|---|
| Health | $197M | 45% | 6 |
| AI | $139M | 32% | 6 |
| Enterprise software | $40.6M | 9% | 3 |
| Climate & Energy | $27.9M | 6% | 1 |
| Other | $16.8M | 4% | 2 |
| Consumer | $16.5M | 4% | 2 |
Where the rounds were
United States raised $240M, 55% of the capital. Rounds in 7 countries.
Rounds by stage
Series A was the most common stage: 7 rounds, median $15M. The median round size is under each column.
| Stage | Rounds | Median round |
|---|---|---|
| Pre-Seed | 2 | $405K |
| Seed | 1 | $21.6M |
| Series A | 7 | $15M |
| Series B | 2 | $57.4M |
| Series C | 1 | $15.4M |
| Series D | 2 | $76.5M |
| Other or undisclosed | 5 | $3.5M |
The cities that raised
New York raised $98.4M, more than all of Asia ($56.8M). Rounds from 8 cities.
The last two weeks
This day against the 13 days before it. The biggest: Tue 16 Sept, $2.1B.
| Day | Rounds | Capital | Biggest round |
|---|---|---|---|
| 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 |
| Wed 24 Sept | 29 | $891M | Modular, $250M |
| Thu 25 Sept | 35 | $608M | WAAT, $117M |
| Fri 26 Sept | 10 | $55M | Curefoods, $18M |
| Sat 27 Sept | 1 | $1.4M | Plazza, $1.4M |
| Sun 28 Sept | 0 | $0K | |
| Mon 29 Sept | 20 | $438M | Star Therapeutics, $125M |
Most active investors
All rounds
- Star TherapeuticsAntibody therapeutics for bleeding disorders, lead VGA039 targeting Protein SLed by Sanofi Ventures, with Viking Global Investors, Janus Henderson Investors +2 $125MSeries D · United States
- Modal LabsServerless cloud platform for AI, data and ML teamsLed by Lux Capital, with Redpoint Ventures, Amplify Partners $87MSeries B · United States
- KapivaModern Ayurveda brand selling science-backed wellness supplements across IndiaLed by 360 ONE Asset, with Vertex Growth, Vertex Ventures SEA and India +1 $28MSeries D · India
- OXCCUConverts waste carbon into sustainable aviation fuel with an iron-based catalystLed by IAGi Ventures, with Hostplus, Orlen VC +3 $27.9MSeries B · United Kingdom
- PaidBilling and monetization infrastructure for AI agents, with results-based pricingLed by Lightspeed Venture Partners, with EQT Ventures, FUSE $21.6MSeed · United Kingdom
- PolarsCommercial products around the open source Polars dataframe library, including Polars CloudLed by Accel, with Bain Capital Partners $21.1MSeries A · Netherlands
- AlexAI recruiter that conducts autonomous initial job interviewsLed by Peak XV Partners, with Y Combinator, Uncorrelated Ventures $17MSeries A · United States
- RDSConnected patch for remote patient monitoring (MultiSense)Led by SPI fund (Bpifrance), with Critical Path Ventures, MACSF +1 $16.4MSeries A · France
- PetpoojaCloud billing and management software for restaurants and food service businessesLed by Dharana Capital, with Ashish Gupta (Helion Ventures), Urban Company founders $15.4MSeries C · India
- MyEdSpaceLive interactive online classes for UK school students taught by top teachersLed by White Star Capital, with Educapital, Emerge +2 $15MSeries A · United Kingdom
- SerenisOnline platform for mental and physical health care with therapists, psychiatrists and nutritionistsLed by Angelini Ventures, with CDP Venture Capital, Azimut Libera Impresa +3 $14.1MSeries A · Italy
- GoodFitGo-to-market intelligence layer combining market and performance data for revenue teamsLed by Notion Capital, with Salica Investments, Inovia Capital +3 $13MSeries A · United Kingdom
- HoccoIce cream brand with 150+ SKUs sold via retail, quick commerce and out-of-homeLed by Sauce.vc $13MVenture · India
- Neura HealthVirtual neurology clinic with video visits, symptom tracking and prescription deliveryLed by American Heart Association Go Red for Women Venture Fund, with Norwest Venture Partners, Koch Disruptive Technologies +2 $11.4MSeries A · United States
- WilloVideo interview and candidate credential verification platform for recruitersLed by Peter Bauer $4MUnited Kingdom
- ElmutSubscription fresh home-cooked meals for dogs and catsLed by The Moon Venture $3.5MFrance
- Clear.bioDigital tool for type 2 diabetes with personalized diets and a remission programLed by Invest International, with The Future Food Fund, Horizon Flevoland $2MNetherlands
- AnsanaSmart technology to reduce surgical site infections and make hospital surgeries saferLed by BGO Ventures, with Healthliant Ventures, NLC Health Ventures $1.8MNetherlands
- UniveAI-powered college admissions counselling platform for studentsLed by FIRSTPICK VC, with EduChallenger $410KPre-Seed · Lithuania
- Vaani AI ResearchVoice agent infrastructure with consumption-based pricing, billed per minute of voice processedLed by Venture Catalysts $400KPre-Seed · India
No round matches these filters.