Daily edition

Wednesday 5 November 2025

30 rounds and $1.5B raised. The biggest: Ripple, $500M.

vs Wed 29 Oct

The day in charts

Web3 took 34% of the capital on this day, up from 4% on Wed 29 Oct. Ripple alone raised $500M, 34% of it.

The 5 biggest rounds raised $1.3B, 86% of the total.

3 of 30 rounds made 77% of the capital.

Rounds of $100M or more, Wednesday 5 November 2025
	Rounds	Capital
$100M or more	3	$1.1B
The rest	27	$343M

Web3 raised $502M, 34% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Wednesday 5 November 2025
Sector	Capital	Share	Rounds
Web3	$502M	34%	2
Cybersecurity	$445M	30%	2
AI	$272M	19%	15
Health	$186M	13%	2
Robotics & Hardware	$39.6M	3%	3
Fintech	$9.6M	<1%	2
Climate & Energy	$5.2M	<1%	2
Other	$2.3M	<1%	1
Consumer	$790K	<1%	1

United States raised $1.3B, 91% of the capital. Rounds in 13 countries.

Sauce VC joined 2 rounds, leading 1, more than any other investor.

Seed was the most common stage: 11 rounds, median $6.7M. The median round size is under each column.

San Francisco raised $1.2B, more than all of Asia ($88.5M). Rounds from 13 cities.

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

Capital raised per day, Wednesday 5 November 2025
Day	Rounds	Capital	Biggest round
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
Wed 5 Nov	30	$1.5B	Ripple, $500M