Daily edition

Thursday 16 October 2025

36 rounds and $2.4B raised. The biggest: Chobani, $650M.

Rounds
36 +20%
Capital raised
$2.4B -13%
Median round
$20M +180%

vs Thu 9 Oct

The day in charts

Consumer took 27% of the capital on this day, after none on Thu 9 Oct. $2.4B in all, down 13% on Thu 9 Oct.

The 5 biggest rounds

The 5 biggest rounds raised $1.6B, 67% of the total.

The 5 biggest rounds, Thursday 16 October 2025Chobani: $650M; Return: $349M; Deel: $300M; Upgrade: $165M; Veradermics: $150M Chobani $650M · Growth Return $349M · Growth Deel $300M · Series E Upgrade $165M · Series G Veradermics $150M · Series C

Mega-rounds against the rest

7 of 36 rounds made 78% of the capital.

19% of the rounds were of $100M or more 19%of the rounds7 of 3678% of the capital came from rounds of $100M or more 78%of the capital$1.9B of $2.4B
Rounds of $100M or more, Thursday 16 October 2025
RoundsCapital
$100M or more7$1.9B
The rest29$522M

Where the capital went

Consumer raised $650M, 27% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Thursday 16 October 2025 27% Consumer Consumer $650M 1 round 27% AI $414M 17 rounds 17% Enterprise software $391M 4 rounds 16% Climate & Energy $349M 1 round 15% Health $272M 2 rounds 11% Other sectors $316M 11 rounds 13%
Capital by sector, Thursday 16 October 2025
SectorCapitalShareRounds
Consumer$650M27%1
AI$414M17%17
Enterprise software$391M16%4
Climate & Energy$349M15%1
Health$272M11%2
Fintech$208M9%4
Cybersecurity$54M2%2
Robotics & Hardware$52.9M2%4
Other$1.4M<1%1

Where the rounds were

United States raised $1.6B, 68% of the capital. Rounds in 13 countries.

Capital by country, Thursday 16 October 2025United States: $1.6B; Netherlands: $350M; France: $156M; India: $86.8M; United Kingdom: $82.8M; Germany: $23.3M; Sweden: $23M; Israel: $22M; Japan: $15.4M; Denmark: $5M; Spain: $4.1M; Italy: $1.2M United States $1.6B · 14 rounds Netherlands $350M · 2 rounds France $156M · 4 rounds India $86.8M · 3 rounds United Kingdom $82.8M · 3 rounds Germany $23.3M · 2 rounds Sweden $23M · 1 round Israel $22M · 1 round

Most active investors

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

Most active investors, Thursday 16 October 2025Ribbit Capital: 2 rounds, 1 led; Andreessen Horowitz: 2 rounds, 1 led; Bpifrance: 2 rounds, 1 led; General Catalyst: 2 rounds, 0 led; Surveyor Capital: 2 rounds, 0 led; APG: 1 rounds, 1 led; Neuberger Berman: 1 rounds, 1 led; SR One: 1 rounds, 1 led; Khosla Ventures: 1 rounds, 1 led; Granite Asia: 1 rounds, 1 ledLedJoined Ribbit Capital 2 rounds · 1 led Andreessen Horowitz 2 rounds · 1 led Bpifrance 2 rounds · 1 led General Catalyst 2 rounds Surveyor Capital 2 rounds APG 1 round · 1 led Neuberger Berman 1 round · 1 led SR One 1 round · 1 led Khosla Ventures 1 round · 1 led Granite Asia 1 round · 1 led

Rounds by stage

Seed was the most common stage: 12 rounds, median $5.4M. The median round size is under each column.

Rounds by stage, Thursday 16 October 2025 4 Pre $1.7M 12 Seed $5.4M 9 A $25M 4 B $27M 2 C $118M 2 E+ $233M 2 Growth $500M 1 Other $23M
Rounds by stage, Thursday 16 October 2025
StageRoundsMedian round
Pre-Seed4$1.7M
Seed12$5.4M
Series A9$25M
Series B4$27M
Series C2$118M
Series E+2$233M
Growth2$500M
Other or undisclosed1$23M

The cities that raised

San Francisco raised $500M, more than all of Asia ($124M). Rounds from 19 cities.

Capital by city, Thursday 16 October 2025San Francisco: $500M; Amsterdam: $350M; New Haven: $150M; Bengaluru: $85M; Oxford: $60.4M; New York: $56.5M; Paris: $32.8M; Phoenix: $30M; Boston: $28M; Seattle: $28M; Stockholm: $23M; London: $22.4M San Francisco $500M · 3 rounds Amsterdam $350M · 2 rounds New Haven $150M · 1 round Bengaluru $85M · 1 round Oxford $60.4M · 1 round New York $56.5M · 3 rounds

The last two weeks

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

Capital raised per day, Thursday 16 October 2025 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; Wed 15 Oct: $997M, 35 rounds; Thu 16 Oct: $2.4B, 36 rounds $1B$2B$3B 3 4 5 6 7 8 9 10 11 12 13 14 15 16 $2.7B$2.4B
Capital raised per day, Thursday 16 October 2025
DayRoundsCapitalBiggest round
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
Wed 15 Oct35$997MTubulis, $358M
Thu 16 Oct36$2.4BChobani, $650M
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