Daily edition

Thursday 23 October 2025

24 rounds and $2B raised. The biggest: Crusoe, $1.4B.

vs Thu 16 Oct

The day in charts

AI took 74% of the capital on this day, up from 17% on Thu 16 Oct. Crusoe alone raised $1.4B, 70% of it.

The 5 biggest rounds raised $1.8B, 92% of the total.

2 of 24 rounds made 88% of the capital.

Rounds of $100M or more, Thursday 23 October 2025
	Rounds	Capital
$100M or more	2	$1.7B
The rest	22	$245M

AI raised $1.5B, 74% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Thursday 23 October 2025
Sector	Capital	Share	Rounds
AI	$1.5B	74%	9
Climate & Energy	$350M	18%	1
Health	$67.2M	3%	3
Fintech	$37.8M	2%	4
Consumer	$26.3M	1%	3
Enterprise software	$24.1M	1%	2
Other	$11.6M	<1%	1
Robotics & Hardware	$1.7M	<1%	1

United States raised $1.8B, 91% of the capital. Rounds in 10 countries.

Seed was the most common stage: 11 rounds, median $4.5M. The median round size is under each column.

Denver raised $1.4B, more than all of Europe ($144M). Rounds from 10 cities.

This day against the 13 days before it. The biggest: Tue 14 Oct, $2.7B.

Capital raised per day, Thursday 23 October 2025
Day	Rounds	Capital	Biggest round
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
Thu 23 Oct	24	$2B	Crusoe, $1.4B