Weekly edition · Week 23

2 to 8 June 2025

127 rounds and $6.9B raised. The biggest: Anduril Industries, $2.5B.

No rounds on the week of 26 May to 1 Jun to compare with

The week in charts

AI took 58% of the capital this week. Anduril Industries alone raised $2.5B, 36% of it.

The 10 biggest rounds raised $5.2B, 75% of the total.

10 of 127 rounds made 75% of the capital.

Rounds of $100M or more, 2 to 8 June 2025
	Rounds	Capital
$100M or more	10	$5.2B
The rest	117	$1.7B

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

Capital raised per day, 2 to 8 June 2025
Day	Rounds	Capital	Biggest round
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

AI raised $4B, 58% of the capital. Choose a sector to filter the rounds below.

Capital by sector, 2 to 8 June 2025
Sector	Capital	Share	Rounds
AI	$4B	58%	47
Other	$784M	11%	7
Fintech	$654M	9%	18
Robotics & Hardware	$375M	5%	9
Climate & Energy	$280M	4%	10
Health	$238M	3%	8
Enterprise software	$234M	3%	12
Consumer	$231M	3%	9
Cybersecurity	$99.6M	1%	5
Web3	$11.6M	<1%	2

Thrive Capital joined 3 rounds, leading 2, more than any other investor.

United States raised $5.4B, 78% of the capital. Rounds in 23 countries.

San Francisco raised $994M, more than all of Europe ($966M). Rounds from 42 cities.

Seed was the most common stage: 39 rounds, median $5.1M. The median round size is under each column.