Daily edition

Tuesday 14 October 2025

40 rounds and $2.7B raised. The biggest: Oura, $900M.

Rounds
40 +18%
Capital raised
$2.7B +1%
Median round
$14M ×3.9

vs Tue 7 Oct

The day in charts

Health took 71% of the capital on this day, up from 8% on Tue 7 Oct. Oura alone raised $900M, 34% of it.

The 5 biggest rounds

The 5 biggest rounds raised $2.1B, 78% of the total.

The 5 biggest rounds, Tuesday 14 October 2025Oura: $900M; Kailera Therapeutics: $600M; Kardigan: $254M; Tachyum: $220M; Dexory: $100M O Oura $900M · Series E Kailera Therapeutics $600M · Series B Kardigan $254M · Series B Tachyum $220M · Series C Dexory $100M · Series C

Mega-rounds against the rest

5 of 40 rounds made 78% of the capital.

13% of the rounds were of $100M or more 13%of the rounds5 of 4078% of the capital came from rounds of $100M or more 78%of the capital$2.1B of $2.7B
Rounds of $100M or more, Tuesday 14 October 2025
RoundsCapital
$100M or more5$2.1B
The rest35$578M

Where the capital went

Health raised $1.9B, 71% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Tuesday 14 October 2025 71% Health Health $1.9B 10 rounds 71% AI $528M 15 rounds 20% Robotics & Hardware $88.7M 3 rounds 3% Fintech $68M 2 rounds 3% Web3 $37M 2 rounds 1% Other sectors $47.3M 8 rounds 2%
Capital by sector, Tuesday 14 October 2025
SectorCapitalShareRounds
Health$1.9B71%10
AI$528M20%15
Robotics & Hardware$88.7M3%3
Fintech$68M3%2
Web3$37M1%2
Enterprise software$16.9M<1%1
Other$13.9M<1%3
Consumer$12.4M<1%1
Climate & Energy$3.4M<1%2
Cybersecurity$693K<1%1

Where the rounds were

United States raised $1.4B, 54% of the capital. Rounds in 9 countries.

Capital by country, Tuesday 14 October 2025United States: $1.4B; Finland: $900M; United Kingdom: $114M; India: $49.1M; Italy: $43.1M; Germany: $40.6M; Canada: $35M; France: $20.9M; Sweden: $14.1M United States $1.4B · 19 rounds Finland $900M · 1 round United Kingdom $114M · 2 rounds India $49.1M · 7 rounds Italy $43.1M · 2 rounds Germany $40.6M · 2 rounds Canada $35M · 1 round France $20.9M · 3 rounds

Most active investors

General Catalyst joined 4 rounds, leading 3, more than any other investor.

Most active investors, Tuesday 14 October 2025General Catalyst: 4 rounds, 3 led; Accel: 4 rounds, 3 led; Y Combinator: 3 rounds, 0 led; BoxGroup: 3 rounds, 0 led; Eurazeo: 2 rounds, 2 led; Costanoa Ventures: 2 rounds, 2 led; First Round Capital: 2 rounds, 1 led; CDP Venture Capital: 2 rounds, 0 led; Khosla Ventures: 2 rounds, 0 led; Bpifrance: 2 rounds, 0 ledLedJoined General Catalyst 4 rounds · 3 led Accel 4 rounds · 3 led Y Combinator 3 rounds BoxGroup 3 rounds Eurazeo 2 rounds · 2 led Costanoa Ventures 2 rounds · 2 led First Round Capital 2 rounds · 1 led CDP Venture Capital 2 rounds Khosla Ventures 2 rounds Bpifrance 2 rounds

Rounds by stage

Seed was the most common stage: 10 rounds, median $2.9M. The median round size is under each column.

Rounds by stage, Tuesday 14 October 2025 5 Pre $8.7M 10 Seed $2.9M 9 A $15M 7 B $40M 2 C $160M 2 D $35M 1 E+ $900M 4 Other $21M
Rounds by stage, Tuesday 14 October 2025
StageRoundsMedian round
Pre-Seed5$8.7M
Seed10$2.9M
Series A9$15M
Series B7$40M
Series C2$160M
Series D2$35M
Series E+1$900M
Other or undisclosed4$20.5M

The cities that raised

San Diego raised $600M, more than all of Asia ($49.1M). Rounds from 15 cities.

Capital by city, Tuesday 14 October 2025San Diego: $600M; South San Francisco: $254M; San Francisco: $148M; London: $114M; Berlin: $40.6M; Milan: $40M; New York: $39.5M; Halifax: $35M; Bengaluru: $19.2M; Stockholm: $12.6M; Pune: $12.4M; Ithaca: $12M San Diego $600M · 1 round South San Francisco $254M · 1 round San Francisco $148M · 4 rounds London $114M · 2 rounds Berlin $40.6M · 2 rounds Milan $40M · 1 round

The last two weeks

This day against the 13 days before it. The biggest: Thu 9 Oct, $2.7B.

Capital raised per day, Tuesday 14 October 2025 Wed 1 Oct: $905M, 26 rounds; Thu 2 Oct: $443M, 22 rounds; Fri 3 Oct: $172M, 7 rounds; Sat 4 Oct: $0K, 0 rounds; Sun 5 Oct: $821K, 1 round; Mon 6 Oct: $347M, 22 rounds; Tue 7 Oct: $2.6B, 34 rounds; Wed 8 Oct: $2B, 32 rounds; Thu 9 Oct: $2.7B, 30 rounds; Fri 10 Oct: $484M, 12 rounds; Sat 11 Oct: $0K, 0 rounds; Sun 12 Oct: $0K, 0 rounds; Mon 13 Oct: $266M, 19 rounds; Tue 14 Oct: $2.7B, 40 rounds $1B$2B$3B 1 2 3 4 5 6 7 8 9 10 11 12 13 14 $2.7B$2.7B
Capital raised per day, Tuesday 14 October 2025
DayRoundsCapitalBiggest round
Wed 1 Oct26$905MNscale, $433M
Thu 2 Oct22$443MDualEntry, $90M
Fri 3 Oct7$172MSupabase, $100M
Sat 4 Oct0$0K
Sun 5 Oct1$821KKomu (ex-Contestio), $821K
Mon 6 Oct22$347MNanoPhoria Bioscience, $97.5M
Tue 7 Oct34$2.6BPolymarket, $2B
Wed 8 Oct32$2BBase Power, $1B
Thu 9 Oct30$2.7BReflection AI, $2B
Fri 10 Oct12$484MKalshi, $300M
Sat 11 Oct0$0K
Sun 12 Oct0$0K
Mon 13 Oct19$266MEcorobotix, $105M
Tue 14 Oct40$2.7BOura, $900M
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