Daily edition
Monday 20 October 2025
18 rounds and $540M raised. The biggest: OpenEvidence, $200M.
- Rounds
- 18 -5%
- Capital raised
- $540M +103%
- Median round
- $10.2M +70%
vs Mon 13 Oct
The day in charts
AI took 78% of the capital on this day, up from 61% on Mon 13 Oct. OpenEvidence alone raised $200M, 37% of it.
The 5 biggest rounds
The 5 biggest rounds raised $445M, 82% of the total.
Mega-rounds against the rest
2 of 18 rounds made 60% of the capital.
| Rounds | Capital | |
|---|---|---|
| $100M or more | 2 | $325M |
| The rest | 16 | $215M |
Where the capital went
AI raised $419M, 78% of the capital. Choose a sector to filter the rounds below.
| Sector | Capital | Share | Rounds |
|---|---|---|---|
| AI | $419M | 78% | 10 |
| Other | $75.6M | 14% | 3 |
| Health | $25M | 5% | 1 |
| Enterprise software | $10.9M | 2% | 2 |
| Fintech | $5.4M | <1% | 1 |
| Climate & Energy | $4.5M | <1% | 1 |
Where the rounds were
United States raised $396M, 73% of the capital. Rounds in 9 countries.
Most active investors
Picus Capital joined 2 rounds, leading 1, more than any other investor.
Rounds by stage
Seed was the most common stage: 8 rounds, median $7.2M. The median round size is under each column.
| Stage | Rounds | Median round |
|---|---|---|
| Pre-Seed | 2 | $1M |
| Seed | 8 | $7.2M |
| Series A | 3 | $35M |
| Series B | 1 | $125M |
| Series C | 1 | $200M |
| Other or undisclosed | 3 | $10.5M |
The cities that raised
Miami raised $205M, more than all of Europe ($122M). Rounds from 10 cities.
The last two weeks
This day against the 13 days before it. The biggest: Thu 9 Oct, $2.7B.
| Day | Rounds | Capital | Biggest round |
|---|---|---|---|
| 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 |
| Thu 16 Oct | 36 | $2.4B | Chobani, $650M |
| Fri 17 Oct | 11 | $54.6M | Scap Hologram, $25.7M |
| Sat 18 Oct | 0 | $0K | |
| Sun 19 Oct | 0 | $0K | |
| Mon 20 Oct | 18 | $540M | OpenEvidence, $200M |
All rounds
- OpenEvidenceMedical search and answer tool for clinicians trained on journals like JAMA and NEJMLed by GV, with Sequoia Capital, Kleiner Perkins +5 $200MSeries C · United States
- LangChainOpen-source framework and platform for building and monitoring AI agentsLed by IVP, with CapitalG, Sapphire Ventures +3 $125MSeries B · United States
- CoMindNon-invasive optical brain monitoring for intensive careLed by Plural, with Angelini Ventures, LocalGlobe +4 $60MSeries A · United Kingdom
- nexos.aiSecure AI workspace and gateway giving companies controlled access to many AI modelsLed by Index Ventures, with Evantic Capital, Creandum +1 $35MSeries A · Lithuania
- knownwellObesity medicine provider combining primary care, metabolic health and virtual careLed by CVS Health Ventures, with MassMutual Catalyst Fund, Intermountain Ventures +2 $25MStrategic · United States
- Adaptyx BiosciencesWearable patch for continuous multi-analyte molecular monitoring using DNA based switchesLed by Interlagos, with Overwater Ventures, Starbloom Capital +5 $14MSeed · United States
- AdsGency AIAgentic AI platform that runs advertising workflows for brands like an ad agencyLed by XYZ Venture Capital, with Streamlined Ventures, HF0 +1 $12MSeed · United States
- CercliAI-native HR, payroll and compliance platform for businesses in the Middle East and North AfricaLed by Picus Capital, with Knollwood Investment Advisory, Y Combinator +2 $12MSeries A · United Arab Emirates
- LisaquaDeveloper of land-based, low-impact shrimp farmingLed by Fonds Révolution Environnementale et Solidaire (Crédit Mutuel Impact), with Noshaq, Le Gouessant cooperative $10.5MFrance
- Magma MathAI based K-12 math learning platform used in classroomsLed by Five Elms Capital $10MSweden
- MagicLoyalist, an AI powered guest CRM and loyalty platform for restaurantsLed by Lerer Hippeau, with Bling Capital, Floodgate +2 $10MSeed · United States
- Telepatia AIAI clinical copilot that transcribes consultations and drafts records for physiciansLed by A-Star, with Canary, Abstract Ventures +3 $9MSeed · Colombia
- KartaPremium US credit card for global non-residents, managed through WhatsAppLed by Canary, with Clocktower Ventures, FJ Labs $5.4MSeed · United States
- CasiumAI platform that simplifies work visa and immigration filings for employersLed by Maverick Ventures, with AI2 Incubator, GTMfund +2 $5MSeed · United States
- DMATSelf-healing low-carbon concrete spun out of MIT researchLed by Primo Capital, with Safar Partners, Corbites +2 $4.5MSeed · Italy
- HotGreen SolutionsLondon cleantech startup developing efficient heat pump technologyLed by Coca-Cola Europacific Partners, with First Imagine! Ventures, Empirical Ventures +2 $1.6MPre-Seed · United Kingdom
- SehaTechAI software automating health insurance administration in Egypt and the regionLed by Ingressive Capital, with Plus VC, A15 +1 $1.1MSeed · Egypt
- LyndaDigital platform with specialist consultations, community and supplements kit for women in menopauseLed by Ventive, with Private investors $408KPre-Seed · Italy
No round matches these filters.