Daily edition

Tuesday 28 October 2025

41 rounds and $1.4B raised. The biggest: Fireworks AI, $250M.

vs Tue 21 Oct

The day in charts

AI took 46% of the capital on this day, down from 70% on Tue 21 Oct. $1.4B in all, up 97% on Tue 21 Oct.

The 5 biggest rounds raised $805M, 57% of the total.

4 of 41 rounds made 52% of the capital.

Rounds of $100M or more, Tuesday 28 October 2025
	Rounds	Capital
$100M or more	4	$725M
The rest	37	$678M

AI raised $652M, 46% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Tuesday 28 October 2025
Sector	Capital	Share	Rounds
AI	$652M	46%	20
Consumer	$237M	17%	2
Health	$221M	16%	5
Robotics & Hardware	$105M	7%	2
Enterprise software	$64.2M	5%	5
Other	$34.9M	2%	1
Fintech	$32.7M	2%	3
Climate & Energy	$30.1M	2%	1
Web3	$15M	1%	1
Cybersecurity	$11.3M	<1%	1

United States raised $1.2B, 85% of the capital. Rounds in 13 countries.

Y Combinator joined 5 rounds, more than any other investor.

Seed was the most common stage: 15 rounds, median $5M. The median round size is under each column.

Los Angeles raised $285M, more than all of Europe ($138M). Rounds from 20 cities.

This day against the 13 days before it. The biggest: Thu 16 Oct, $2.4B.

Capital raised per day, Tuesday 28 October 2025
Day	Rounds	Capital	Biggest round
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
Fri 24 Oct	9	$63.3M	Valthos, $30M
Sat 25 Oct	1	$130K	Draiven, $130K
Sun 26 Oct	0	$0K
Mon 27 Oct	14	$686M	Mercor, $350M
Tue 28 Oct	41	$1.4B	Fireworks AI, $250M