Monthly edition

June 2025

507 rounds and $18.2B raised. The biggest: Anduril Industries, $2.5B.

No rounds on May 2025 to compare with

The month in charts

AI took 51% of the capital this month.

The 10 biggest rounds raised $7.2B, 39% of the total.

38 of 507 rounds made 60% of the capital.

Rounds of $100M or more, June 2025
	Rounds	Capital
$100M or more	38	$11B
The rest	469	$7.3B

The busiest day: Thu 5 Jun, $4B across 27 rounds.

Capital raised per day, June 2025
Day	Rounds	Capital	Biggest round
Sun 1 Jun	0	$0K
Mon 2 Jun	26	$1.3B	Neuralink, $650M
Tue 3 Jun	44	$1.1B	Impulse Space, $300M
Wed 4 Jun	22	$431M	Fever, $100M
Thu 5 Jun	27	$4B	Anduril Industries, $2.5B
Fri 6 Jun	7	$58.1M	Kargo, $18.4M
Sat 7 Jun	0	$0K
Sun 8 Jun	1	$3.7M	Nova Talent, $3.7M
Mon 9 Jun	22	$559M	Mosanna Therapeutics, $80M
Tue 10 Jun	34	$817M	Glean, $150M
Wed 11 Jun	27	$1.2B	Cyera, $540M
Thu 12 Jun	30	$1B	Multiverse Computing, $219M
Fri 13 Jun	9	$100M	Yupp, $33M
Sat 14 Jun	0	$0K
Sun 15 Jun	2	$51.7M	Aspora, $50M
Mon 16 Jun	13	$969M	Helsing, $694M
Tue 17 Jun	43	$932M	Antares Therapeutics, $177M
Wed 18 Jun	35	$1.2B	TerraPower, $650M
Thu 19 Jun	18	$163M	AIM Intelligent Machines, $50M
Fri 20 Jun	5	$77.2M	Payabli, $28M
Sat 21 Jun	0	$0K
Sun 22 Jun	0	$0K
Mon 23 Jun	20	$1B	Harvey, $300M
Tue 24 Jun	41	$1.2B	Abridge, $300M
Wed 25 Jun	25	$793M	Kalshi, $185M
Thu 26 Jun	22	$339M	UniUni, $70M
Fri 27 Jun	10	$93.7M	Gensmo, $60M
Sat 28 Jun	0	$0K
Sun 29 Jun	0	$0K
Mon 30 Jun	24	$863M	Cato Networks, $359M

AI raised $9.3B, 51% of the capital. Choose a sector to filter the rounds below.

Capital by sector, June 2025
Sector	Capital	Share	Rounds
AI	$9.3B	51%	205
Fintech	$1.8B	10%	58
Climate & Energy	$1.4B	8%	35
Health	$1.2B	7%	44
Robotics & Hardware	$1.1B	6%	35
Other	$1.1B	6%	24
Enterprise software	$771M	4%	42
Cybersecurity	$636M	3%	11
Consumer	$567M	3%	34
Web3	$375M	2%	19

Sequoia Capital joined 14 rounds, leading 3, more than any other investor.

Ranked by rounds joined so far. Sequoia Capital finished first with 14 rounds over the last 5 weeks. The lead changed hands twice.

Rounds joined so far, the last 5 weeks
Investor	Week 23	Week 24	Week 25	Week 26	Week 27
Sequoia Capital	2	6	9	14	14
Y Combinator	2	8	9	10	13
General Catalyst	0	2	8	12	12
Khosla Ventures	1	3	8	9	11
Accel	1	3	5	9	10

United States raised $11.7B, 64% of the capital. Rounds in 45 countries.

San Francisco raised $2.6B, more than all of Asia ($2B). Rounds from 92 cities.

Seed was the most common stage: 170 rounds, median $4.5M. The median round size is under each column.