Daily edition
Friday 14 November 2025
12 rounds and $443M raised. The biggest: Firmus Technologies, $326M.
- Rounds
- 12 +100%
- Capital raised
- $443M ×4.9
- Median round
- $5.8M -6%
vs Fri 7 Nov
The day in charts
AI took 76% of the capital on this day, up from 32% on Fri 7 Nov. Firmus Technologies alone raised $326M, 74% of it.
The 5 biggest rounds
The 5 biggest rounds raised $421M, 95% of the total.
Mega-rounds against the rest
One round, Firmus Technologies at $326M, made 74% of the capital.
| Rounds | Capital | |
|---|---|---|
| $100M or more | 1 | $326M |
| The rest | 11 | $117M |
Where the capital went
AI raised $338M, 76% of the capital. Choose a sector to filter the rounds below.
| Sector | Capital | Share | Rounds |
|---|---|---|---|
| AI | $338M | 76% | 3 |
| Enterprise software | $56.4M | 13% | 4 |
| Fintech | $40M | 9% | 2 |
| Climate & Energy | $7.3M | 2% | 2 |
| Health | $1.4M | <1% | 1 |
Where the rounds were
Australia raised $326M, 74% of the capital. Rounds in 9 countries.
Rounds by stage
Series A was the most common stage: 4 rounds, median $6.3M. The median round size is under each column.
| Stage | Rounds | Median round |
|---|---|---|
| Seed | 3 | $1.4M |
| Series A | 4 | $6.3M |
| Growth | 1 | $6.6M |
| Other or undisclosed | 4 | $28.6M |
The cities that raised
Dublin raised $7.5M, more than all of Asia ($6.9M). Rounds from 5 cities.
The last two weeks
This day against the 13 days before it. The biggest: Thu 13 Nov, $3.9B.
| Day | Rounds | Capital | Biggest round |
|---|---|---|---|
| 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 |
| Thu 6 Nov | 27 | $867M | Metropolis, $500M |
| Fri 7 Nov | 6 | $89.7M | Upway, $60M |
| Sat 8 Nov | 0 | $0K | |
| Sun 9 Nov | 0 | $0K | |
| Mon 10 Nov | 13 | $1B | Clio, $500M |
| Tue 11 Nov | 22 | $427M | Wonderful, $100M |
| Wed 12 Nov | 38 | $1.3B | d-Matrix, $275M |
| Thu 13 Nov | 34 | $3.9B | Anysphere (Cursor), $2.3B |
| Fri 14 Nov | 12 | $443M | Firmus Technologies, $326M |
Most active investors
All rounds
- Firmus TechnologiesBuilds renewable-powered AI data centres and AI cloud capacity in Australia $326MAustralia
- PXPlatform connecting professional drivers and cargo helpers with logistics operationsLed by Bicycle Capital $47.1MBrazil
- ElectronXUS-regulated exchange and clearinghouse for centrally cleared power derivativesLed by DCVC, with XTX Markets, Five Rings +6 $30MSeries A · United States
- BackflipCapital and technology for residential real estate investors, with in-house loan origination and servicingLed by FirstMark Capital, with LiveOak Venture Partners, Vertical Venture Partners $10MUnited States
- LativeCloud AI platform for sales planning, capacity and investment modellingLed by Act Venture Capital, with Senovo VC, Elkstone +4 $7.5MSeries A · Ireland
- LIFEPOWRFlexiO platform coordinating household and business energy flows with real-time market dataLed by Noshaq, with SPDG, ROM InWest $6.6MGrowth · Belgium
- CodeyoungOnline live-tutor learning platform for K-12 children, coding and mathsLed by 12 Flags Group, with Enzia Ventures $5MSeries A · India
- DialogAI shopping agent embedded on brand websites that advises shoppersLed by Galion.exe, with Kima Ventures, Weaving Group +2 $4.3MSeed · France
- Exato DigitalAutomates background checks and data verification for companiesLed by Quartzo Capital, with Bradesco $3.8MSeries A · Brazil
- BioactivXSynthetic skin substitute biomaterials for wound careLed by Cocoon Capital $1.4MSeed · Singapore
- WecoWave-energy converters turning sideways ocean wave motion into power for offshore usesLed by Netherlands Enabling Water Technology fund, with Init Power, Cyriel de Jong $699KNetherlands
- ExtraMile PlayGamified employee engagement platformLed by GSF, with Mount Judi Ventures, GrowthSense +1 $500KSeed · India
No round matches these filters.