Daily edition

Wednesday 15 October 2025

35 rounds and $997M raised. The biggest: Tubulis, $358M.

vs Wed 8 Oct

The day in charts

Health took 56% of the capital on this day, up from 7% on Wed 8 Oct. Tubulis alone raised $358M, 36% of it.

The 5 biggest rounds raised $648M, 65% of the total.

2 of 35 rounds made 48% of the capital.

Rounds of $100M or more, Wednesday 15 October 2025
	Rounds	Capital
$100M or more	2	$478M
The rest	33	$519M

Health raised $560M, 56% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Wednesday 15 October 2025
Sector	Capital	Share	Rounds
Health	$560M	56%	5
AI	$224M	22%	11
Fintech	$73.3M	7%	5
Robotics & Hardware	$57.4M	6%	3
Enterprise software	$55.4M	6%	2
Cybersecurity	$20.2M	2%	4
Climate & Energy	$2.6M	<1%	2
Other	$2M	<1%	1
Consumer	$1.5M	<1%	2

Germany raised $358M, 36% of the capital. Rounds in 13 countries.

Foundation Capital joined 2 rounds, more than any other investor.

Seed was the most common stage: 10 rounds, median $2.5M. The median round size is under each column.

Munich raised $358M, more than all of North America ($304M). Rounds from 17 cities.

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

Capital raised per day, Wednesday 15 October 2025
Day	Rounds	Capital	Biggest round
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
Wed 8 Oct	32	$2B	Base Power, $1B
Thu 9 Oct	30	$2.7B	Reflection AI, $2B
Fri 10 Oct	12	$484M	Kalshi, $300M
Sat 11 Oct	0	$0K
Sun 12 Oct	0	$0K
Mon 13 Oct	19	$266M	Ecorobotix, $105M
Tue 14 Oct	40	$2.7B	Oura, $900M
Wed 15 Oct	35	$997M	Tubulis, $358M