Daily edition

Tuesday 30 September 2025

40 rounds and $2.6B raised. The biggest: Cerebras Systems, $1.1B.

vs Tue 23 Sept

The day in charts

AI took 88% of the capital on this day, up from 51% on Tue 23 Sept. Cerebras Systems alone raised $1.1B, 42% of it.

The 5 biggest rounds raised $2.2B, 81% of the total.

6 of 40 rounds made 85% of the capital.

Rounds of $100M or more, Tuesday 30 September 2025
	Rounds	Capital
$100M or more	6	$2.3B
The rest	34	$390M

AI raised $2.3B, 88% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Tuesday 30 September 2025
Sector	Capital	Share	Rounds
AI	$2.3B	88%	22
Health	$258M	10%	4
Enterprise software	$27.2M	1%	3
Fintech	$24.2M	<1%	6
Robotics & Hardware	$11.7M	<1%	3
Climate & Energy	$3.2M	<1%	1
Consumer	$587K	<1%	1

United States raised $2.2B, 83% of the capital. Rounds in 13 countries.

Andreessen Horowitz joined 3 rounds, leading 2, more than any other investor.

Series A was the most common stage: 15 rounds, median $13M. The median round size is under each column.

Sunnyvale raised $1.1B, more than all of Asia ($265M). Rounds from 17 cities.

This day against the 13 days before it. The biggest day of the two weeks.

Capital raised per day, Tuesday 30 September 2025
Day	Rounds	Capital	Biggest round
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
Tue 30 Sept	40	$2.6B	Cerebras Systems, $1.1B