Weekly edition · Week 34
18 to 24 August 2025
106 rounds and $3.2B raised. The biggest: Group14 Technologies, $463M.
- Rounds
- 106 +10%
- Capital raised
- $3.2B +52%
- Median round
- $7.1M -13%
vs the week of 11 to 17 Aug · 4-week average $2.6B+23%
The week in charts
AI took 42% of the capital this week, down from 46% the week of 11 to 17 Aug. $3.2B in all, up 52% on the week of 11 to 17 Aug.
The 10 biggest rounds
The 10 biggest rounds raised $1.9B, 60% of the total.
Mega-rounds against the rest
9 of 106 rounds made 58% of the capital.
| Rounds | Capital | |
|---|---|---|
| $100M or more | 9 | $1.8B |
| The rest | 97 | $1.4B |
Capital raised per day
The busiest day: Wed 20 Aug, $1.6B across 31 rounds.
| Day | Rounds | Capital | Biggest round |
|---|---|---|---|
| Mon 18 Aug | 19 | $285M | IVIX, $60M |
| Tue 19 Aug | 28 | $704M | Weaver Services, $170M |
| Wed 20 Aug | 31 | $1.6B | Group14 Technologies, $463M |
| Thu 21 Aug | 18 | $476M | Ontic, $230M |
| Fri 22 Aug | 9 | $143M | Starian, $117M |
| Sat 23 Aug | 0 | $0K | |
| Sun 24 Aug | 1 | $150K | Zaher AI, $150K |
Where the capital went
AI raised $1.3B, 42% of the capital. Choose a sector to filter the rounds below.
| Sector | Capital | Share | Rounds |
|---|---|---|---|
| AI | $1.3B | 42% | 49 |
| Climate & Energy | $614M | 19% | 7 |
| Enterprise software | $339M | 11% | 9 |
| Fintech | $245M | 8% | 9 |
| Cybersecurity | $230M | 7% | 1 |
| Health | $136M | 4% | 7 |
| Robotics & Hardware | $108M | 3% | 6 |
| Web3 | $90.2M | 3% | 3 |
| Other | $51.9M | 2% | 5 |
| Consumer | $47.1M | 1% | 10 |
Most active investors
Y Combinator joined 8 rounds, leading 1, more than any other investor.
The investor race, last 8 weeks
Ranked by rounds joined so far. Y Combinator finished first with 34 rounds over the last 8 weeks. The lead changed hands once.
| Investor | Week 27 | Week 28 | Week 29 | Week 30 | Week 31 | Week 32 | Week 33 | Week 34 |
|---|---|---|---|---|---|---|---|---|
| Y Combinator | 3 | 9 | 11 | 16 | 22 | 23 | 26 | 34 |
| General Catalyst | 0 | 3 | 6 | 7 | 9 | 12 | 15 | 18 |
| Andreessen Horowitz | 0 | 1 | 5 | 7 | 13 | 14 | 15 | 17 |
| Insight Partners | 0 | 2 | 3 | 7 | 10 | 12 | 13 | 14 |
| Peak XV Partners | 3 | 6 | 6 | 6 | 7 | 10 | 13 | 13 |
Where the rounds were
United States raised $2.3B, 71% of the capital. Rounds in 25 countries.
The cities that raised
New York raised $428M, more than all of Asia ($428M). Rounds from 33 cities.
Rounds by stage
Seed was the most common stage: 39 rounds, median $2.5M. The median round size is under each column.
| Stage | Rounds | Median round |
|---|---|---|
| Pre-Seed | 8 | $1.2M |
| Seed | 39 | $2.5M |
| Series A | 18 | $14.4M |
| Series B | 12 | $36.5M |
| Series C | 4 | $73.5M |
| Series D | 2 | $282M |
| Series E+ | 2 | $152M |
| Growth | 6 | $23.5M |
| Other or undisclosed | 15 | $7.7M |
Sectors against the week of 11 to 17 Aug
Biggest gain: AI, +$370M. Biggest drop: Health, -$106M. Change in capital raised. Only where both periods have rounds.
| Sectors | 18 to 24 August 2025 | the week of 11 to 17 Aug | Change |
|---|---|---|---|
| AI | $1.3B | $974M | +$370M |
| Climate & Energy | $614M | $357M | +$256M |
| Cybersecurity | $230M | $49M | +$181M |
| Enterprise software | $339M | $170M | +$169M |
| Fintech | $245M | $93.9M | +$151M |
| Web3 | $90.2M | $23.9M | +$66.3M |
| Other | $51.9M | $35.3M | +$16.7M |
| Robotics & Hardware | $108M | $103M | +$4.8M |
| Consumer | $47.1M | $60.8M | -$13.7M |
| Health | $136M | $243M | -$106M |
Countries against the week of 11 to 17 Aug
Biggest gain: United States, +$1.4B. Biggest drop: Canada, -$531M. Change in capital raised. Only where both periods have rounds.
| Countries | 18 to 24 August 2025 | the week of 11 to 17 Aug | Change |
|---|---|---|---|
| United States | $2.3B | $914M | +$1.4B |
| Brazil | $127M | $2.8M | +$124M |
| India | $204M | $111M | +$92.3M |
| Israel | $110M | $68M | +$42M |
| Germany | $75.2M | $45.7M | +$29.6M |
| United Kingdom | $42M | $111M | -$68.6M |
| Sweden | $51.9M | $174M | -$122M |
| Canada | $22M | $553M | -$531M |
All rounds
- Group14 TechnologiesSilicon-carbon anode materials that raise lithium-ion battery energy densityLed by SK, with ATL, Lightrock +3 $463MSeries D · United States
- FieldAIField Foundation Models, general-purpose embodied AI for robotsLed by Bezos Expeditions, with Prysm Capital, Temasek +3 $314MUnited States
- EliseAIAI assistants automating operations in housing and healthcareLed by Andreessen Horowitz, with Bessemer Venture Partners, Sapphire Ventures +1 $250MSeries E · United States
- OnticConnected security intelligence platform combining internal and external threat dataLed by KKR, with JMI Equity, Silverton Partners +3 $230MSeries C · United States
- Weaver ServicesHousing finance platform focused on affordable housing, built around acquired Capital India Home LoansLed by Lightspeed, with Premji Invest, Gaja Capital $170MGrowth · India
- StarianVertical software for construction, legal intelligence and operations, spun off from SoftplanLed by General Atlantic $117MGrowth · Brazil
- OverhaulPlatform for supply chain risk and in-transit visibilityLed by Springcoast Partners, with Edison Partners, Morgan Stanley Investment Management $105MSeries C · United States
- Eight SleepMaker of AI-powered smart mattress covers that regulate sleep temperatureLed by HSG, with Valor Equity Partners, Founders Fund +1 $100MSeries D · United States
- Aalo AtomicsDevelops compact sodium-cooled nuclear reactors and modular power plantsLed by Valor Equity Partners, with Fine Structure Ventures, Hitachi Ventures +3 $100MSeries B · United States
- MidasInvesting app giving access to Turkish and US stocks, funds and cryptoLed by QED Investors, with IFC, HSG +5 $80MSeries B · Turkey
- GathernPlatform for private residential stays managed by local hosts in Saudi ArabiaLed by Sanabil Investments, with STV, Pinnacle Capital +2 $72.1MSeries B · Saudi Arabia
- StarkWeaponised drone systems for military useLed by Sequoia Capital, with Peter Thiel $62MSeries A · Germany
- IVIXSoftware that scans the web to trace illicit financial activity for government authoritiesLed by O.G. Venture Partners, with Insight Partners, Citi Ventures +4 $60MSeries B · Israel
- Twin HealthAI digital twin platform treating chronic metabolic diseaseLed by Maj Invest, with ICONIQ Capital, Temasek $53MSeries E · United States
- SeemplicityAI platform for vulnerability and exposure management and remediation workflowsLed by Sienna Venture Capital, with Essentia Venture Capital, Glilot Capital Partners +2 $50MSeries B · Israel
- TinyFishEnterprise web agents that navigate sites and extract data at scaleLed by ICONIQ Capital, with U.S. Venture Partners, Mango Capital +3 $47MSeries A · United States
- AnoccaClinical-stage TCR-T cell therapy company targeting mutant KRAS in pancreatic cancerLed by Mellby Gard, with AMF, Ramsbury Invest $46MSweden
- MedallionAI software automating healthcare provider credentialing, enrollment and complianceLed by Acrew Capital, with Washington Harbour Partners, Sequoia Capital +3 $43MUnited States
- IantrekSurgical glaucoma therapy targeting the uveoscleral outflow pathwayLed by US Venture Partners, with aMoon Fund, Visionary Ventures +3 $42MSeries C · United States
- FunctionizeAgentic AI platform that generates, runs and self-heals software testsLed by Mumford Investments, with LHH Investments, Canvas Ventures +1 $41MSeries B · United States
- WellthBehavioral economics app rewarding members of health plans for daily healthy actionsLed by Mercato Partners, with FCA Venture Partners, Comcast Ventures +2 $36MSeries C · United States
- AgendaProBooking and management software for spas, salons and wellness businesses in Latin AmericaLed by Riverwood Capital, with Kayyak Ventures $35MGrowth · Chile
- Zed IndustriesOpen source multiplayer code editor with AI agent collaborationLed by Sequoia Capital, with Redpoint, Root +2 $32MSeries B · United States
- PylonAI-driven post-sales support platform for B2B companiesLed by Andreessen Horowitz, with Bain Capital Ventures, General Catalyst +1 $31MSeries B · United States
- The Better Meat CoFermentation-made mycoprotein ingredient Rhiza for meat blends and alternativesLed by Future Ventures, with Resilience Reserve, Epic Ventures +2 $31MSeries A · United States
- KeychainPlatform connecting consumer brands with manufacturers, plus AI software for manufacturersLed by Wellington Management, with BoxGroup $30MSeries B · United States
- SpinLaunchBuilding Meridian Space, a low-earth-orbit satellite broadband constellationLed by ATW Partners, with Kongsberg Defence & Aerospace $30MUnited States
- CascaAI-native loan origination platform for banks and lendersLed by Canapi Ventures, with Y Combinator, Peterson Ventures +4 $29MSeries A · United States
- Basic Capital401(k) platform offering financing so workers can invest moreLed by Forerunner, with Lux Capital, SV Angel +3 $25MSeries A · United States
- Loft DynamicsVR flight simulators for pilot training, including helicopter, Boeing 737 and Airbus A320Led by The Friedkin Group, with Alaska Star Ventures, Craft Ventures +2 $24MSeries B · Switzerland
- Tote.aiAI-native point-of-sale system for fuel and convenience storesLed by Cota Capital, with Storm Ventures, Cervin Ventures $22.6MUnited States
- General FusionMagnetized target fusion power developerLed by Segra Capital Management, with PenderFund, Chrysalix Venture Capital +6 $22MVenture · Canada
- AND GlobalDigital lending and fintech solutions for underserved individuals and SMEs across AsiaLed by IFC, with AEON Financial Service, Marubeni +2 $21.4MSeries B · Mongolia
- WisdomAI and human-expert revenue cycle management platform for dental practicesLed by Permanent Capital Ventures, with Aquiline, Juxtapose $21MSeries A · United States
- Method AI3D ultrasound and AI surgical guidance for oncology surgeryLed by Private family office (unnamed), with Cleveland Clinic, JobsOhio Growth Capital Fund $20MSeries A · United States
- BluefishPlatform helping enterprise brands monitor and shape how AI chatbots describe themLed by NEA, with Salesforce Ventures, Crane Venture Partners +2 $20MSeries A · United States
- PhoebeAI agent platform that diagnoses and fixes software incidents, an immune system for softwareLed by GV, with Cherry Ventures $17MSeed · United Kingdom
- Goldi SolarManufactures solar PV modules and is expanding into solar cellsLed by Nikhil Kamath $15.7MStrategic · India
- FirecrawlOpen source web crawler and API that turns websites into data for AI agentsLed by Nexus Venture Partners, with Tobias Lutke, Y Combinator $14.5MSeries A · United States
- Develop HealthGenAI software for prior authorization and medication accessLed by Wing Venture Capital, with Afore Capital, J Ventures +1 $14.3MSeries A · United States
- SpeedBot RoboticsAI and 3D vision software for factory inspection and smart factory automationLed by V-Capital $13.9MSeries B · China
- GarageOnline marketplace for specialized equipment used by local governments and public safetyLed by Infinity Ventures, with Benchstrength, Wayfinder Ventures +2 $13.5MSeries A · United States
- SynergySuiteAI back-of-house platform for restaurant chains: inventory, forecasting, labor and franchise toolsLed by Oyster Capital, with First Analysis $12MGrowth · United States
- evulpoAI-powered adaptive learning platform for school students and teachersLed by Serpentine Ventures, with Aribeda, Yann Sommer +3 $10.9MSeries A · Switzerland
- DefiniteAI-native data platform replacing data warehouse, ETL and BI toolsLed by Costanoa Ventures, with Acrew Capital $10MSeed · United States
- DigittDebt refinancing platform offering low-cost, predictable loans to Mexican borrowersLed by Yolo Investments, with IGNIA Partners, Capria Ventures $10MSeries A · Mexico
- Yourway LearningAI platform for K-12 districts to create standards-aligned lessons and personalized learningLed by Greybull Stewardship $9MSeries A · United States
- Cascala HealthAI clinical intelligence platform coordinating care for ACOs, skilled nursing and post-acute networksLed by Flare Capital Partners, with Eniac Ventures, Omega Healthcare Investors +3 $8.6MSeed · United States
- ConvokeAI operating system unifying data and agents for biopharma business development and intelligence teamsLed by Kleiner Perkins, with Dimension Capital, ACME +5 $8.6MSeed · United States
- VerdataCommercial risk data and analytics on over 20 million US businessesLed by Continental Investors, with 1st & Main Growth Partners, Front Porch Venture Partners +1 $8MSeries A · United States
- Fluence TechnologyFiber-based femtosecond laser systems for industrial, medical and scientific useLed by Vinci S.A., with Radix Ventures, JR Holding +4 $7.7MPoland
- TensorZeroOpen-source stack for building and optimizing production LLM applicationsLed by FirstMark, with Bessemer Venture Partners, Bedrock +2 $7.3MSeed · United States
- SRE.aiAI agents that automate DevOps tasks such as CI and testing across enterprise platformsLed by Salesforce Ventures, with Crane Venture Partners, Y Combinator $7.2MSeed · United States
- Zipline AIPlatform for building AI data pipelines, built on Airbnb's open source Chronon engineLed by Wing VC, with Stripe, Box Group +1 $7MSeed · United States
- ChemFinity TechnologiesSorbent technology recovering critical metals from mining waste, wastewater and e-wasteLed by At One Ventures, with Overture VC, Closed Loop Ventures Group +3 $7MSeed · United States
- Carbon280Hydrilyte liquid suspension that stores hydrogen at ambient temperature and pressureLed by Woodside Energy, with Hive Energy $6.9MSeed · Australia
- Hades MiningDrilling systems to reach deep geothermal heat and critical mineralsLed by Project A, with Visionaries Tomorrow, Founders Factory $6.4MPre-Seed · Germany
- PalmonasDemi-fine jewellery brand selling 9kt gold and fashion jewelleryLed by Vertex Ventures SEA & India $6.3MSeries A · India
- IniciadorPix and open finance payment initiation infrastructureLed by Valor Capital, with Big Bets, Alter +2 $5.9MBrazil
- PhovIR TechnologiesPortable near-infrared chip sensor that identifies materials by optical fingerprintLed by Northern Gritstone, with SCVC $5.4MSeed · United Kingdom
- Block EarnerCrypto platform offering loans and Bitcoin-backed home loans against holdingsLed by CMCC Global Titan Fund, with River Capital $5.2MSeries A · Australia
- LO:TECHMarket making and liquidity infrastructure for digital assetsLed by 13books Capital, with Faction VC, Veris Ventures +1 $5MSeed · United Kingdom
- ParadigmAI-native spreadsheet where each cell runs an agent that researches and fills dataLed by General Catalyst, with Y Combinator $5MSeed · United States
- WallroundPlatform managing energy-efficient home renovations across GermanyLed by Revent, with Green Generation Fund, Vonovia $4.9MSeed · Germany
- InnerworksAI-driven fraud detection that spots synthetic AI-generated interactionsLed by AlbionVC, with Digital Currency Group, Founders Capital +3 $4.3MSeed · United Kingdom
- AircardsImmersive augmented reality and media studio for brandsLed by Foresight Group $4MGrowth · United Kingdom
- OwayRide-share style freight network matching cargo with empty trailer spaceLed by Y Combinator, with General Catalyst $4MSeed · United States
- Beyond AppliancesKitchen appliances startup building smart kitchen productsLed by Fireside Ventures, with Dharana Capital $4MSeries A · India
- House of BiryanCloud kitchen brand selling biryani, operating about 22 kitchensLed by Bestvantage Investments, with MS Dhoni, Mohit Goyal +1 $3.7MGrowth · India
- EmbargoCRM, loyalty and ordering platform for coffee shops, restaurants and bakeriesLed by Paul Statham, with Christo Georgiev, Hampton Finance +3 $3.5MUnited Kingdom
- Three Space LabAI-driven VR visualization of luxury real estate for buyers, architects and developersLed by Arminius Verwaltung $3MSeed · United States
- ShiftUpAI sales intelligence app for Salesforce usersLed by Phil Reed $3MSeed · United States
- Dropla TechAI systems for real-time detection of mines and explosivesLed by Maj Invest, with EIFO, Final Frontier $2.8MDenmark
- TrackPaw ScientificAI and sensor monitoring of animal behaviour and weight for preclinical researchLed by Industrifonden, with FSG Fund II $2.7MSeed · Sweden
- AxelyfLipid nanoparticle delivery technology for RNA and gene editing therapiesLed by Brunnur Ventures, with Omega ehf, Silfurberg ehf $2.6MSeed · United States
- BetterPicAI headshot and portrait generation serviceLed by MOC Capital, with Shilling VC $2.5MSeed · Estonia
- NullspaceElectromagnetic simulation software for RF and quantum hardware designLed by Fathom Fund, with Golden Seeds, angel investors $2.5MSeed · United States
- CashkuDigital financial planning platform consolidating unit trusts, funds and retirement plansLed by 1337 Ventures, with Tunku Zain Al-'Abidin Tuanku Muhriz, Ali Abdul Kadir $2.4MMalaysia
- AetherAI platform turning marketing presentations into documents linked to live dataLed by Icehouse Ventures, with Brand Fund 2 $2.2MSeed · New Zealand
- LiquidAI platform automating mortgage credit analysis for real estate developers, banks and fundsLed by SaaSholic, with Flourish Ventures, Honey Island by 4UM +1 $2.2MSeed · Brazil
- GenowKnowledge operations platform that answers questions across company tools like Confluence and JiraLed by High-Tech Gruenderfonds, with BM H Beteiligungs-Managementgesellschaft Hessen, Mario Lenz +2 $1.9MSeed · Germany
- AlphaGoAI SaaS platform for corporate marketing combining data, consulting and creative productionLed by Black Mamba Holding $1.8MPre-Seed · Brazil
- Fahy StudiosMobile game studio focused on hybrid-casual titlesLed by Impact46, with Merak Capital $1.8MSeed · Saudi Arabia
- Fifty EnergyAI-driven flexibility software helping utilities balance power supply and demandLed by Fortum Innovation & Venturing $1.6MSweden
- OneMRIWhole-body MRI scans for preventive health screeningLed by Antler, with OIF, TEN13 +7 $1.6MSeed · Australia
- amassScientific intelligence layer mapping research knowledge for life science workflowsLed by Giant Ventures, with Kost Capital, EIFO +1 $1.6MSeed · Denmark
- MitraPackaged food and refined flour maker selling in India and the GCCLed by Bestvantage Investments, with Mr. Surya family office $1.6MIndia
- RewayzAI tool helping managers engage and retain their teamsLed by Business angels $1.5MSeed · France
- GuamaCredit cards with small limits for underbanked people using cashflow underwritingLed by Salkantay Ventures, with Story Ventures, Hustle Fund +1 $1.5MSeed · Colombia
- CVectorData platform for industrial AILed by Schematic Ventures $1.5MPre-Seed · United States
- BluenteAI document translation platform that preserves formatting across 120+ languagesLed by Informed Ventures $1.5MSeed · Singapore
- MeshedAI digital broker for commercial insurance aimed at small and medium businessesLed by Haatch, with Aviva Ventures, Exponential Science Foundation $1.3MPre-Seed · United Kingdom
- Starvania StudiosIndie studio making fantasy console and PC gamesLed by Merak Capital, with Impact46 $1.1MSaudi Arabia
- RuleSave-to-win mobile game helping people with ADHD manage moneyLed by London Venture Partners, with Bethnal Green Ventures $1.1MPre-Seed · United Kingdom
- NrlyzeSoftware that analyzes and corrects heating systems in buildingsLed by VEQ, with Aipa Invesco, Peter Carlsson +1 $1MSeed · Sweden
- PeelONCompostable plant-based films that keep fresh produce fresh longerLed by growX Ventures, with Boston Venture Group, Clean Energy Venture Group +1 $1MSeed · India
- The Laundry LadyPickup and delivery laundry service run by home-based contractors, plus TimeBoss softwareLed by Karl Jacoby, with Brisbane Angels, AngelLoop +1 $649KSeed · Australia
- Seaqure LabsFungi-based protein ingredient from food side streams to replace fishmeal and soy in feedLed by Chalmers Ventures, with Almi Invest Väst, Propel Capital +2 $521KPre-Seed · Sweden
- HexafunD2C consumer products brandLed by Prajay Advisors $512KSeed · India
- FamyoDirect-to-consumer ecommerce brand serving familiesLed by IAN Angel Fund, with Shivali Vij, Deepank Kumar +2 $457KSeed · India
- EvaluateLocateGeospatial intelligence software for property and location evaluationLed by Angel investors (SEIS) $406KSeed · United Kingdom
- MagicPostAI tool for writing and scheduling LinkedIn contentLed by Matt Barker, with Business angels (clients, creators, SaaS professionals) $302KPre-Seed · France
- Mithila FoodsSells Bihar-origin foods such as sattu and makhanaLed by AJVC $172KSeed · India
- DOBRANostalgic Indian snacks, candies and light drinks sold across retail and D2CLed by D2C Insider Super Angels Fund $172KSeed · India
- EdgehaxModular single-board computing platforms combining compute, connectivity and storageLed by Inflection Point Ventures $159KSeed · India
- Zaher AIGenerative engine optimization tool making Arabic content visible in AI chatbotsLed by Ahmed Samy $150KPre-Seed · Egypt
No round matches these filters.