Daily edition

Tuesday 7 October 2025

34 rounds and $2.6B raised. The biggest: Polymarket, $2B.

vs Tue 30 Sept

The day in charts

Polymarket alone raised $2B, 77% of the capital on this day. $2.6B in all, down 1% on Tue 30 Sept.

The 5 biggest rounds raised $2.4B, 93% of the total.

2 of 34 rounds made 82% of the capital.

Rounds of $100M or more, Tuesday 7 October 2025
	Rounds	Capital
$100M or more	2	$2.1B
The rest	32	$464M

AI raised $287M, 11% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Tuesday 7 October 2025
Sector	Capital	Share	Rounds
Other	$2B	77%	2
AI	$287M	11%	16
Health	$201M	8%	5
Web3	$82M	3%	1
Climate & Energy	$20.8M	<1%	4
Fintech	$8.5M	<1%	1
Consumer	$6M	<1%	1
Cybersecurity	$3.9M	<1%	2
Enterprise software	$1.7M	<1%	1
Robotics & Hardware	$789K	<1%	1

United States raised $2.3B, 89% of the capital. Rounds in 12 countries.

Connect Ventures joined 2 rounds, leading 2, more than any other investor.

Seed was the most common stage: 11 rounds, median $3.5M. The median round size is under each column.

New York raised $2B, more than all of Europe ($142M). Rounds from 14 cities.

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

Capital raised per day, Tuesday 7 October 2025
Day	Rounds	Capital	Biggest round
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
Tue 7 Oct	34	$2.6B	Polymarket, $2B