Daily edition

Thursday 30 October 2025

30 rounds and $759M raised. The biggest: Bending Spoons, $270M.

Rounds
30 +25%
Capital raised
$759M -62%
Median round
$6.7M -43%

vs Thu 23 Oct

The day in charts

Enterprise software took 39% of the capital on this day, up from 1% on Thu 23 Oct. Bending Spoons alone raised $270M, 36% of it.

The 5 biggest rounds

The 5 biggest rounds raised $594M, 78% of the total.

The 5 biggest rounds, Thursday 30 October 2025Bending Spoons: $270M; Legora: $150M; EnduroSat: $104M; Curve Biosciences: $40M; Snabbit: $30M Bending Spoons $270M · Growth Legora $150M · Series C EnduroSat $104M · Series C C Curve Biosciences $40M Snabbit $30M · Series C

Mega-rounds against the rest

3 of 30 rounds made 69% of the capital.

10% of the rounds were of $100M or more 10%of the rounds3 of 3069% of the capital came from rounds of $100M or more 69%of the capital$524M of $759M
Rounds of $100M or more, Thursday 30 October 2025
RoundsCapital
$100M or more3$524M
The rest27$235M

Where the capital went

Enterprise software raised $293M, 39% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Thursday 30 October 2025 39% Enterprise soft… Enterprise software $293M 4 rounds 39% AI $242M 12 rounds 32% Robotics & Hardware $125M 2 rounds 16% Consumer $30M 1 round 4% Fintech $24.3M 2 rounds 3% Other sectors $44.3M 9 rounds 6%
Capital by sector, Thursday 30 October 2025
SectorCapitalShareRounds
Enterprise software$293M39%4
AI$242M32%12
Robotics & Hardware$125M16%2
Consumer$30M4%1
Fintech$24.3M3%2
Health$23.9M3%4
Climate & Energy$12.4M2%4
Web3$8M1%1

Where the rounds were

Italy raised $270M, 36% of the capital. Rounds in 12 countries, 1 with no country disclosed.

Capital by country, Thursday 30 October 2025Italy: $270M; Sweden: $150M; United States: $113M; Bulgaria: $104M; India: $67.3M; France: $19.8M; Australia: $10.5M; United Kingdom: $5.4M; Switzerland: $4M; Canada: $3.3M; Germany: $2.9M; Estonia: $635K Italy $270M · 1 round Sweden $150M · 1 round United States $113M · 8 rounds Bulgaria $104M · 1 round India $67.3M · 9 rounds France $19.8M · 3 rounds Australia $10.5M · 1 round United Kingdom $5.4M · 1 round

Most active investors

General Catalyst joined 2 rounds, leading 1, more than any other investor.

Most active investors, Thursday 30 October 2025General Catalyst: 2 rounds, 1 led; Base10 Partners: 2 rounds, 1 led; Peak XV Partners: 2 rounds, 1 led; Y Combinator: 2 rounds, 0 led; NZVC: 2 rounds, 0 led; Lightspeed Venture Partners: 2 rounds, 0 led; T. Rowe Price: 1 rounds, 1 led; Bessemer Venture Partners: 1 rounds, 1 led; Riot Ventures: 1 rounds, 1 led; Luma Group: 1 rounds, 1 ledLedJoined General Catalyst 2 rounds · 1 led Base10 Partners 2 rounds · 1 led Peak XV Partners 2 rounds · 1 led Y Combinator 2 rounds NZVC 2 rounds Lightspeed Venture Partners 2 rounds T. Rowe Price 1 round · 1 led Bessemer Venture Partners 1 round · 1 led Riot Ventures 1 round · 1 led Luma Group 1 round · 1 led

Rounds by stage

Seed was the most common stage: 13 rounds, median $3.5M. The median round size is under each column.

Rounds by stage, Thursday 30 October 2025 4 Pre $715K 13 Seed $3.5M 5 A $10M 3 C $104M 1 D $21M 1 Growth $270M 3 Other $13M
Rounds by stage, Thursday 30 October 2025
StageRoundsMedian round
Pre-Seed4$715K
Seed13$3.5M
Series A5$10.5M
Series C3$104M
Series D1$21M
Growth1$270M
Other or undisclosed3$13M

The cities that raised

Milan raised $270M, more than all of North America ($116M). Rounds from 10 cities.

Capital by city, Thursday 30 October 2025Milan: $270M; Stockholm: $150M; Sofia: $104M; Bengaluru: $44.7M; Paris: $19.8M; Gurugram: $13.3M; New York: $10M; Hyderabad: $3.5M; Montreal: $3.3M; Tallinn: $635K Milan $270M · 1 round Stockholm $150M · 1 round Sofia $104M · 1 round Bengaluru $44.7M · 4 rounds Paris $19.8M · 3 rounds Gurugram $13.3M · 2 rounds

The last two weeks

This day against the 13 days before it. The biggest: Thu 23 Oct, $2B.

Capital raised per day, Thursday 30 October 2025 Fri 17 Oct: $54.6M, 11 rounds; Sat 18 Oct: $0K, 0 rounds; Sun 19 Oct: $0K, 0 rounds; Mon 20 Oct: $540M, 18 rounds; Tue 21 Oct: $712M, 23 rounds; Wed 22 Oct: $929M, 36 rounds; Thu 23 Oct: $2B, 24 rounds; Fri 24 Oct: $63.3M, 9 rounds; Sat 25 Oct: $130K, 1 round; Sun 26 Oct: $0K, 0 rounds; Mon 27 Oct: $686M, 14 rounds; Tue 28 Oct: $1.4B, 41 rounds; Wed 29 Oct: $457M, 29 rounds; Thu 30 Oct: $759M, 30 rounds $1B$2B 17 18 19 20 21 22 23 24 25 26 27 28 29 30 $2B$759M
Capital raised per day, Thursday 30 October 2025
DayRoundsCapitalBiggest round
Fri 17 Oct11$54.6MScap Hologram, $25.7M
Sat 18 Oct0$0K
Sun 19 Oct0$0K
Mon 20 Oct18$540MOpenEvidence, $200M
Tue 21 Oct23$712MSesame, $250M
Wed 22 Oct36$929MUniphore, $260M
Thu 23 Oct24$2BCrusoe, $1.4B
Fri 24 Oct9$63.3MValthos, $30M
Sat 25 Oct1$130KDraiven, $130K
Sun 26 Oct0$0K
Mon 27 Oct14$686MMercor, $350M
Tue 28 Oct41$1.4BFireworks AI, $250M
Wed 29 Oct29$457MFruitist, $150M
Thu 30 Oct30$759MBending Spoons, $270M
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