Daily edition
Friday 21 November 2025
12 rounds and $670M raised. The biggest: Picnic, $495M.
- Rounds
- 12 flat
- Capital raised
- $670M +51%
- Median round
- $4.9M -15%
vs Fri 14 Nov
The day in charts
Picnic alone raised $495M, 74% of the capital on this day. $670M in all, up 51% on Fri 14 Nov.
The 5 biggest rounds
The 5 biggest rounds raised $653M, 97% of the total.
Mega-rounds against the rest
2 of 12 rounds made 92% of the capital.
| Rounds | Capital | |
|---|---|---|
| $100M or more | 2 | $615M |
| The rest | 10 | $54.5M |
Where the capital went
Health raised $121M, 18% of the capital. Choose a sector to filter the rounds below.
| Sector | Capital | Share | Rounds |
|---|---|---|---|
| Other | $495M | 74% | 1 |
| Health | $121M | 18% | 2 |
| AI | $53.3M | 8% | 8 |
| Fintech | $458K | <1% | 1 |
Where the rounds were
Netherlands raised $495M, 74% of the capital. Rounds in 9 countries.
Most active investors
Y Combinator joined 2 rounds, more than any other investor.
Rounds by stage
Seed was the most common stage: 5 rounds, median $3.5M. The median round size is under each column.
| Stage | Rounds | Median round |
|---|---|---|
| Pre-Seed | 1 | $458K |
| Seed | 5 | $3.5M |
| Series A | 2 | $14.5M |
| Growth | 1 | $495M |
| Other or undisclosed | 3 | $8.6M |
The cities that raised
Amsterdam raised $495M, more than all of North America ($146M). Rounds from 7 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 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 |
| Wed 19 Nov | 34 | $2.2B | Luma AI, $900M |
| Thu 20 Nov | 28 | $1.4B | Physical Intelligence, $600M |
| Fri 21 Nov | 12 | $670M | Picnic, $495M |
All rounds
- PicnicApp-based online supermarket delivering groceries in the Netherlands, Germany and FranceLed by Existing investors $495MGrowth · Netherlands
- Solve TherapeuticsAntibody-drug conjugates for solid tumoursLed by Yosemite, with MSD, Abingworth +4 $120MUnited States
- TidalwaveAgentic AI mortgage point-of-sale platform that automates verification and underwriting tasksLed by Permanent Capital, with D.R. Horton, Engineering Capital $22MSeries A · United States
- Vivent BiosignalsWearable plant sensors and AI that detect crop stress before visible symptoms.Led by Agri Investment Fund, with Horticoop, Pymwymic +1 $8.6MSwitzerland
- Pibit.AIBuilds AI underwriting systems for insurers through its CURE platformLed by Stellaris Venture Partners, with Y Combinator, Arali Ventures $7MSeries A · India
- NexDashElectrified freight carrier converting fleets to electric trucks with AI fleet software.Led by Extantia Capital, with Clean Energy Ventures $5.8MSeed · Germany
- Mecha HealthApplied AI lab building foundation models that read radiology scans and draft reports.Led by Valia Ventures, with Y Combinator $4.1MSeed · United States
- MuchBetter.aiAI platform where sales and customer teams train through simulated customer conversationsLed by Educapital, with Astorya.vc, Antler +1 $3.5MSeed · France
- Teacher's BuddyAI-enhanced workspace for teachers covering admin workflows, development support and student outcome trackingLed by Giant Leap, with Flying Fox Ventures, Co Ventures +3 $1.2MSeed · Australia
- AphasixAI speech therapy exercises for people with aphasia after a strokeLed by Business angels $1.2MSeed · France
- ExamediChilean at-home medical exams and telemedicine provider operating in Chile and Mexico.Led by Platanus Ventures $750KChile
- SencilloPlatform to plan, fund and pay education costs for families, with credit and savings marketplace.Led by Fuel Ventures, with British angel investors $458KPre-Seed · United Kingdom
No round matches these filters.