Daily edition
Tuesday 25 November 2025
25 rounds and $206M raised. The biggest: Overstory, $43M.
- Rounds
- 25 -32%
- Capital raised
- $206M -94%
- Median round
- $5M -71%
vs Tue 18 Nov
The day in charts
AI took 39% of the capital on this day, down from 60% on Tue 18 Nov. $206M in all, down 94% on Tue 18 Nov.
The 5 biggest rounds
The 5 biggest rounds raised $120M, 58% of the total.
Where the capital went
AI raised $80M, 39% of the capital. Choose a sector to filter the rounds below.
| Sector | Capital | Share | Rounds |
|---|---|---|---|
| AI | $80M | 39% | 8 |
| Climate & Energy | $57.8M | 28% | 5 |
| Fintech | $25.4M | 12% | 2 |
| Consumer | $14.2M | 7% | 3 |
| Enterprise software | $9.6M | 5% | 2 |
| Health | $8.5M | 4% | 3 |
| Other | $6M | 3% | 1 |
| Robotics & Hardware | $3.9M | 2% | 1 |
Where the rounds were
India raised $62.3M, 30% of the capital. Rounds in 15 countries.
Rounds by stage
Seed was the most common stage: 11 rounds, median $2M. The median round size is under each column.
| Stage | Rounds | Median round |
|---|---|---|
| Pre-Seed | 1 | $825K |
| Seed | 11 | $2M |
| Series A | 7 | $10M |
| Series B | 2 | $31.9M |
| Other or undisclosed | 4 | $5M |
The cities that raised
Amsterdam raised $43M, more than all of Oceania ($6M). Rounds from 11 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 |
|---|---|---|---|
| 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 |
| Sat 22 Nov | 0 | $0K | |
| Sun 23 Nov | 0 | $0K | |
| Mon 24 Nov | 18 | $876M | X-energy, $700M |
| Tue 25 Nov | 25 | $206M | Overstory, $43M |
Most active investors
All rounds
- OverstorySatellite and AI vegetation intelligence helping utilities prevent outages and wildfires.Led by Blume Equity, with Energy Impact Partners, B Capital +5 $43MSeries B · Netherlands
- Neo GroupConsumer-facing wealth and asset management firm for high net worth clients.Led by Crystal Investment Advisors (Atha Group), with Morde Foods $24.8MIndia
- Water HorizonMobile thermal batteries that recover and transport industrial waste heatLed by Eren Groupe, with Banque des Territoires, Delmas Investissements $20.8MSeries B · France
- CerrionComputer vision software that detects and helps resolve production-line problems in real timeLed by Creandum, with Y Combinator, Goat Capital +2 $18MSeries A · Switzerland
- 3ev IndustriesElectric three-wheeler manufacturer with charging and aftermarket servicesLed by Mahanagar Gas, with Equentis Angel Fund, Thackersey Group $13.5MSeries A · India
- PowerUP Energy TechnologiesModular hydrogen fuel cell systems and silent generators for defence and industry.Led by Mercaton, with ScaleWolf, SmartCap Green Fund $11.6MSeries A · Estonia
- ExploMarMaker of high-power electric outboard motors sold in over 20 countries.Led by DCM Ventures, with private equity funds, a listed Chinese company $10MSeries A · China
- NutriUnitedGroup building and connecting family-owned artisan food producers, led by Josef Brunner.Led by Arnd Hungerberg, with Leon Mann, business angels $9.8MSeed · Germany
- ZinitAI-driven procurement platform for businesses.Led by AltaIR Capital $8MSeed · India
- immunitoAIGenerative AI platform that designs antibody therapeutics from scratchLed by Ashish Kacholia, with pi Ventures, Anicut Capital +2 $6.1MSeries A · India
- Australis ScientificMaker of the Confidanz ankle patch using nerve stimulation to treat overactive bladder.Led by Rohto Pharmaceutical $6MStrategic · Australia
- Find Your GrindCareer exploration platform introducing students to unconventional professions.Led by Echo Investment Capital, with Gross Labs $5MSeries A · United States
- Morphle LabsRobotic and imaging systems for cancer diagnostics (RoboTome, MorphoLens).Led by Inflexor Ventures $5MSeries A · India
- JuoSubscription infrastructure letting merchants run subscriptions for physical products.Led by Market One Capital, with Peak, SMOK Ventures +3 $4.6MSeed · Poland
- UniphyUK hardware company in Leeds backed by regional equity funds.Led by Mercia Ventures, with NPIF II, NPIF II - Mercia Equity Finance $3.9MUnited Kingdom
- Real BowlItalian maker of fresh, shelf-stable dog food sold in 400 stores and online.Led by CDP Venture Capital, with private investors $3.7MSeed · Italy
- CrisprBitsMolecular diagnostics company commercialising its PathCrisp CRISPR-based platform.Led by Spectrum Impact $3MPre-Series A · India
- SportAIAI video analysis giving technique and tactics insights via SaaS and APIs.Led by Altitude Capital, with Casper Ruud, Endre Holen +2 $3MNorway
- InstallioHeat pump installation network and technology for UK homesLed by Verb Ventures $2MSeed · United Kingdom
- Riverline AIAI-powered conversational platform for debt collection.Led by South Park Commons, with DeVC, gradCapital $825KPre-Seed · India
- NavancProperty due diligence and underwriting platform for banks and NBFCs lending against property.Led by GrowthCap Ventures, with Navin Kukreja, Gaurav Aggarwal +1 $673KPre-Series A · India
- finnPlans and manages social media characters such as Nyantsubu, now expanding onto RobloxLed by Central Japan Seed Fund, with mint, Kunihiro Tanaka $640KSeed · Japan
- KomüniteCommunity and AI training ecosystem for digital entrepreneurs and creators.Led by Nevzat Aydın, with Teknasyon, Easyapp +4 $600KPre-Series A · Turkey
- AlgenScribeGenome editing platform for human health applicationsLed by Business angels $543KSeed · France
- LabelBlindAI-led food regulatory labelling software that creates and validates compliant labels $500KSeed · India
No round matches these filters.