Daily edition

Tuesday 4 November 2025

30 rounds and $767M raised. The biggest: Beacon Software, $250M.

vs Tue 28 Oct

The day in charts

AI took 59% of the capital on this day, up from 46% on Tue 28 Oct. Beacon Software alone raised $250M, 33% of it.

The 5 biggest rounds raised $547M, 71% of the total.

2 of 30 rounds made 46% of the capital.

Rounds of $100M or more, Tuesday 4 November 2025
	Rounds	Capital
$100M or more	2	$350M
The rest	28	$417M

AI raised $454M, 59% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Tuesday 4 November 2025
Sector	Capital	Share	Rounds
AI	$454M	59%	10
Health	$212M	28%	7
Robotics & Hardware	$60M	8%	3
Cybersecurity	$16M	2%	1
Consumer	$8.8M	1%	5
Other	$7.6M	<1%	1
Web3	$5M	<1%	1
Enterprise software	$3.5M	<1%	1
Climate & Energy	$689K	<1%	1

United States raised $292M, 38% of the capital. Rounds in 13 countries.

Seed was the most common stage: 12 rounds, median $2.9M. The median round size is under each column.

Toronto raised $250M, more than all of Europe ($167M). Rounds from 19 cities.

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

Capital raised per day, Tuesday 4 November 2025
Day	Rounds	Capital	Biggest round
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
Tue 4 Nov	30	$767M	Beacon Software, $250M