Daily edition
Wednesday 19 August
23 rounds and $1.4B raised. The biggest: Etched, $700M.
Compared with Wed 12 Aug
- Rounds
- 23 +92%
- Capital raised
- $1.4B -18%
- Median round
- $22M -21%
The day in charts
AI took 74% of the capital on this day, down from 94% on Wed 12 Aug. Etched alone raised $700M, 49% of it.
Where the capital went
AI raised $1.1B, 74% of the capital. Choose a sector to filter the rounds below.
| Sector | Capital | Share | Rounds |
|---|---|---|---|
| AI | $1.1B | 74% | 11 |
| Climate & Energy | $154M | 11% | 2 |
| Fintech | $103M | 7% | 2 |
| Enterprise software | $52.2M | 4% | 2 |
| Health | $42M | 3% | 3 |
| Other | $8.9M | <1% | 2 |
| Robotics & Hardware | $2.2M | <1% | 1 |
The 5 biggest rounds
The 5 biggest rounds raised $1.2B, 82% of the total.
The last two weeks
This day against the 13 days before it. The biggest: Thu 13 Aug, $5.4B.
| Day | Rounds | Capital | Biggest round |
|---|---|---|---|
| Thu 6 Aug | 8 | $338M | Acrab, $130M |
| Fri 7 Aug | 2 | $2.3B | Firmus, $2B |
| Sat 8 Aug | 0 | $0K | |
| Sun 9 Aug | 0 | $0K | |
| Mon 10 Aug | 10 | $933M | Whatnot, $545M |
| Tue 11 Aug | 16 | $1B | inKind, $414M |
| Wed 12 Aug | 12 | $1.7B | River AI, $1.1B |
| Thu 13 Aug | 14 | $5.4B | Databricks, $5B |
| Fri 14 Aug | 3 | $253M | Neros Technologies, $250M |
| Sat 15 Aug | 0 | $0K | |
| Sun 16 Aug | 0 | $0K | |
| Mon 17 Aug | 13 | $1.3B | Higgsfield, $400M |
| Tue 18 Aug | 15 | $208M | Hopscotch Primary Care, $53M |
| Wed 19 Aug | 23 | $1.4B | Etched, $700M |
All rounds
- EtchedDevelops specialized artificial intelligence chips for a single model architectureLed by Jane Street, with Sequoia Capital, Andreessen Horowitz +9 $700M
- AlsoDevelops electric micromobility vehicles and autonomous delivery vehiclesLed by Prysm Capital, with Eclipse, Greenoaks +1 $150MSeries D · United States
- Velaura AIDevelops power-efficient processor building blocks and chips for AI applicationsLed by Seligman Ventures, with Samsung Catalyst Fund, Mayfield $110MSeries A
- RilletProvides AI-native ERP software for modern finance teamsLed by ICONIQ, with Sequoia, Andreessen Horowitz +7 $100MSeries C
- NaviProvides digital lending, insurance, mutual funds, and UPI payment servicesLed by Prosus $100MIndia
- iHWDevelops ultra-low-power artificial intelligence chips using analog in-memory computingLed by Kolon Investment, with Woori Venture Partners, Mirae Asset Venture Investment +5 $37.4MSeries A
- CtrlSBuilds and operates hyperscale data centers across IndiaWith Nikhil Kamath, Sreeram Reddy Vanga $26.1MIndia
- CtrlS DataCentresBuilds and operates hyperscale data centers across IndiaWith Nikhil Kamath, Sreeram Reddy Vanga $26.1MIndia
- FlipProvides employee experience software and AI tools for frontline workersWith Notion Capital, HV Capital, L-Bank $25.5MGermany
- Queen OneProvides AI-governed commerce CRM and marketing infrastructure for brandsWith Mercury Fund, Full In, Connecticut Innovations +3 $25MUnited States
- Renata MedicalDevelops pediatric cardiovascular devices for congenital heart diseaseLed by ARCHIMED $25MSeries D · United States
- Prevalent AIBuilds AI-powered data fabrics and knowledge graphs for enterprisesLed by Integrity Growth Partners $22MGrowth · United Kingdom
- Relativity NetworksDevelops hollow-core fiber technology for high-performance AI infrastructureWith Rhapsody Venture Partners, Bell Ventures Inc., Faster Than Glass LLC $22M
- Ours PrivacyProvides HIPAA-compliant customer data platform helping healthcare marketers run privacy-first growth marketing campaigns.Led by Lightbank, with Rock Health, Lakehouse +4 $15MSeries A
- Jem HRProvides WhatsApp-based HR, employee benefits and workforce management toolsLed by Quona Capital, with University Technology Fund, E4E +2 $8.4MSeries A · South Africa
- Medly AIBuilds an AI tutor for personalised academic and exam preparationLed by Felix Capital $8MSeed · United Kingdom
- SnerpaPowerDevelops energy management software for power-intensive industrial companiesLed by Encevo, with Crowberry Capital, BackingMinds $3.9MSeed · Iceland
- Noggin HQUses permissioned banking data to improve credit assessment for lendersLed by Blackfinch Ventures, with Oxford Capital, Bethnal Green Ventures +1 $3.1MSeed · United Kingdom
- AILAProvides AI-powered personalised learning and assessment tools for schoolsLed by Rua Growth Fund, with Jo Academy, 500 Global +2 $3MSeries A · Saudi Arabia
- HeyBreezProvides operational infrastructure for enterprise voice AI agents and telephony workflowsLed by Lunara Partners, with Jabbar Group, DASH Ventures $2.5MSeed · United States
- Singular PhotonicsDevelops single-photon image sensors with integrated on-chip computationLed by ACF Investors, with Wren Capital, Cambridge Angels +3 $2.2MUnited Kingdom
- Aisel HealthBuilds software operating systems that help psychiatric clinics scale operationsLed by Caesar Ventures, with Nordic Web Ventures, LifeX +3 $2MPre-Seed · Denmark
- EcoNomad SolutionsBuilds BioNomad waste-to-energy systems converting livestock farm waste into biogas and biofertiliser for small farmsWith British Design Fund, Innovate UK Investor Partnership, Beeches Group $542KUnited Kingdom
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