Daily edition

Tuesday 18 November 2025

37 rounds and $3.3B raised. The biggest: Lambda, $1.5B.

vs Tue 11 Nov

The day in charts

AI took 60% of the capital on this day, down from 72% on Tue 11 Nov. Lambda alone raised $1.5B, 46% of it.

The 5 biggest rounds raised $2.6B, 81% of the total.

5 of 37 rounds made 81% of the capital.

Rounds of $100M or more, Tuesday 18 November 2025
	Rounds	Capital
$100M or more	5	$2.6B
The rest	32	$611M

AI raised $2B, 60% of the capital. Choose a sector to filter the rounds below.

Capital by sector, Tuesday 18 November 2025
Sector	Capital	Share	Rounds
AI	$2B	60%	18
Web3	$800M	25%	1
Robotics & Hardware	$278M	9%	5
Enterprise software	$106M	3%	3
Health	$54M	2%	3
Other	$39.4M	1%	3
Fintech	$14.2M	<1%	2
Climate & Energy	$9.3M	<1%	1
Consumer	$8.1M	<1%	1

United States raised $2.9B, 89% of the capital. Rounds in 12 countries.

Alumni Ventures joined 3 rounds, more than any other investor.

Series A was the most common stage: 12 rounds, median $19.9M. The median round size is under each column.

San Francisco raised $2.4B, more than all of Europe ($322M). Rounds from 16 cities.

This day against the 13 days before it. The biggest: Thu 13 Nov, $3.9B.

Capital raised per day, Tuesday 18 November 2025
Day	Rounds	Capital	Biggest round
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
Sat 15 Nov	0	$0K
Sun 16 Nov	0	$0K
Mon 17 Nov	31	$1.2B	Ramp, $300M
Tue 18 Nov	37	$3.3B	Lambda, $1.5B