Daily edition

Wednesday 22 October 2025

36 rounds and $929M raised. The biggest: Uniphore, $260M.

vs Wed 15 Oct

The day in charts

AI took 44% of the capital on this day, up from 22% on Wed 15 Oct. $929M in all, down 7% on Wed 15 Oct.

The 5 biggest rounds raised $622M, 67% of the total.

2 of 36 rounds made 48% of the capital.

Rounds of $100M or more, Wednesday 22 October 2025
	Rounds	Capital
$100M or more	2	$443M
The rest	34	$486M

AI raised $410M, 44% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Wednesday 22 October 2025
Sector	Capital	Share	Rounds
AI	$410M	44%	12
Health	$219M	24%	4
Enterprise software	$162M	17%	6
Consumer	$69.1M	7%	3
Fintech	$30.8M	3%	4
Other	$16.6M	2%	3
Climate & Energy	$10.9M	1%	2
Web3	$10M	1%	1
Robotics & Hardware	$1.2M	<1%	1

United States raised $672M, 72% of the capital. Rounds in 18 countries.

Y Combinator joined 3 rounds, leading 2, more than any other investor.

Seed was the most common stage: 14 rounds, median $4.6M. The median round size is under each column.

Palo Alto raised $269M, more than all of Europe ($153M). Rounds from 23 cities.

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

Capital raised per day, Wednesday 22 October 2025
Day	Rounds	Capital	Biggest round
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
Tue 21 Oct	23	$712M	Sesame, $250M
Wed 22 Oct	36	$929M	Uniphore, $260M