Daily edition

Monday 3 November 2025

24 rounds and $543M raised. The biggest: AAVantgarde Bio, $141M.

vs Mon 27 Oct

The day in charts

AI took 40% of the capital on this day, down from 56% on Mon 27 Oct. $543M in all, down 21% on Mon 27 Oct.

The 5 biggest rounds raised $403M, 74% of the total.

2 of 24 rounds made 49% of the capital.

Rounds of $100M or more, Monday 3 November 2025
	Rounds	Capital
$100M or more	2	$267M
The rest	22	$276M

AI raised $219M, 40% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Monday 3 November 2025
Sector	Capital	Share	Rounds
AI	$219M	40%	9
Health	$144M	27%	2
Climate & Energy	$95M	17%	2
Web3	$25.6M	5%	3
Cybersecurity	$25M	5%	1
Other	$24.9M	5%	3
Fintech	$6.9M	1%	2
Enterprise software	$2.2M	<1%	2

United States raised $296M, 54% of the capital. Rounds in 14 countries.

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

Seed was the most common stage: 12 rounds, median $5.5M. The median round size is under each column.

Milan raised $141M, more than all of Asia ($15M). Rounds from 13 cities.

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

Capital raised per day, Monday 3 November 2025
Day	Rounds	Capital	Biggest round
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
Wed 29 Oct	29	$457M	Fruitist, $150M
Thu 30 Oct	30	$759M	Bending Spoons, $270M
Fri 31 Oct	15	$256M	Snapmint, $115M
Sat 1 Nov	0	$0K
Sun 2 Nov	0	$0K
Mon 3 Nov	24	$543M	AAVantgarde Bio, $141M