Daily edition

Monday 6 October 2025

22 rounds and $347M raised. The biggest: NanoPhoria Bioscience, $97.5M.

vs Mon 29 Sept

The day in charts

Health took 40% of the capital on this day, down from 45% on Mon 29 Sept. $347M in all, down 21% on Mon 29 Sept.

The 5 biggest rounds raised $271M, 78% of the total.

Health raised $138M, 40% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Monday 6 October 2025
Sector	Capital	Share	Rounds
Health	$138M	40%	3
AI	$122M	35%	10
Cybersecurity	$58M	17%	1
Web3	$11M	3%	2
Climate & Energy	$5M	1%	1
Robotics & Hardware	$5M	1%	2
Other	$4M	1%	1
Consumer	$3.3M	<1%	1
Enterprise software	$1.5M	<1%	1

Italy raised $97.5M, 28% of the capital. Rounds in 11 countries.

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

Seed was the most common stage: 7 rounds, median $5M. The median round size is under each column.

Milan raised $97.5M, more than all of Oceania ($65M). Rounds from 15 cities.

This day against the 13 days before it. The biggest: Tue 30 Sept, $2.6B.

Capital raised per day, Monday 6 October 2025
Day	Rounds	Capital	Biggest round
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
Wed 1 Oct	26	$905M	Nscale, $433M
Thu 2 Oct	22	$443M	DualEntry, $90M
Fri 3 Oct	7	$172M	Supabase, $100M
Sat 4 Oct	0	$0K
Sun 5 Oct	1	$821K	Komu (ex-Contestio), $821K
Mon 6 Oct	22	$347M	NanoPhoria Bioscience, $97.5M