Series A activity: Week of October 20, 2025
There were 40 Series As in the last week that raised a total of $781 million. The average deal size was $20 million while the median was $15 million.
Summary Stats
Data for Series A deals done worldwide (ex-China) where amount raised is greater than $5M and the company is not focused on therapeutics
Series A Deals
Cercli raised $12.00 million at an unknown valuation from Picus Capital on October 20, 2025. The CEO is Akeed Azmi. Cercli is based in Dubai, United Arab Emirates. Cercli is a developer of a cloud-based human resource platform that streamlines payroll and finance operations through automation, analytics, and centralized management. Website: www.cercli.com
Finster AI raised $15.00 million at an unknown valuation from FinTech Collective and Peak XV Partners on October 20, 2025. The CEO is Siddhant Jayakumar. Finster AI is based in London, United Kingdom. Finster AI is a developer of an artificial intelligence-based financial research platform that automates manual and repetitive tasks for asset managers and investment banks. Website: www.finster.ai
nexos.ai raised $35.00 million at an unknown valuation from Evantic Capital and Index Ventures on October 20, 2025. The CEO is Tomas Okmanas. nexos.ai is based in Vilnius, Lithuania. nexos.ai is a developer of an artificial intelligence orchestration platform that simplifies integration and improves operational efficiency. Website: www.nexos.ai
Seneca raised $60.00 million at an unknown valuation from Caffeinated Capital and Convective Capital on October 20, 2025. The CEO is Stuart Landesberg. Seneca is based in Sausalito, CA. Seneca is an operator of a resilience technology and infrastructure company that offers autonomous drones and AI-driven software to support firefighters. Website: www.seneca.com
2Pi Optics raised $11.74 million at a $44.50 million valuation on October 21, 2025. The CEO is Tian Gu. 2Pi Optics is based in Cambridge, MA. 2Pi Optics is a developer of metasurface flat optics technology that overcomes fundamental limitations of traditional optical systems. Website: www.2pioptics.com
Arbor raised $55.00 million at an unknown valuation from Lowercarbon Capital on October 21, 2025. The CEO is Brad Hartwig. Arbor is based in El Segundo, CA. Arbor is an operator of a planetary renewal company that converts waste into clean energy and fresh water while permanently removing carbon dioxide from the atmosphere. Website: www.arbor.co
ChipAgents raised $21.00 million at an unknown valuation from Bessemer Venture Partners on October 21, 2025. The CEO is William Wang. ChipAgents is based in Goleta, CA. ChipAgents is a developer of artificial intelligence-driven tools for semiconductor design and verification that enhance the productivity of hardware engineers. Website: www.chipagents.ai
Dracula Technologies raised $5.26 million at a $21.70 million valuation from Banque des Territoires, European Innovation Council, La Région Auvergne-Rhône-Alpes, MGI Digital Graphic Technology, Semtech, and Siparex Group on October 21, 2025. The CEO is Brice Cruchon. Dracula Technologies is based in Valence, France. Dracula Technologies is a developer of sustainable energy technology that specializes in designing and developing printed light modules for electronic devices. Website: www.dracula-technologies.com
etalytics raised $18.70 million at an unknown valuation from ALSTIN Capital, ebm-papst St. Georgen, and M12 on October 21, 2025. The CEO is Niklas Panten. etalytics is based in Darmstadt, Germany. etalytics is a developer of a cloud-based platform that structures, analyzes, and optimizes industrial energy management systems to reduce carbon emissions and energy costs. Website: www.etalytics.com
Gravwell raised $15.40 million at a $47.00 million valuation from Two Bear Capital on October 21, 2025. The CEO is Corey Thuen. Gravwell is based in Idaho Falls, ID. Gravwell is a developer of a unified observability and analysis platform that addresses visibility gaps in log and network analytics. Website: www.gravwell.io
IgniteData raised $9.70 million at a $68.00 million valuation from FCA Venture Partners on October 21, 2025. The CEO is Zach Taft. IgniteData is based in Maidenhead, United Kingdom. IgniteData is a developer of patient recruitment and real-world evidence technologies that streamline key clinical research processes. Website: www.ignitedata.com
Letter AI raised $10.60 million at an unknown valuation from Stage 2 Capital on October 21, 2025. The CEO is Ali Akhtar. Letter AI is based in Chicago, IL. Letter AI is a developer of a generative artificial intelligence platform that accelerates content creation for sales teams. Website: www.letter.ai
Matr raised $23.37 million at an unknown valuation from Denmark’s Export and Investment Fund and Novo Holdings on October 21, 2025. The CEO is Randi Wahlsten. Matr is based in Copenhagen, Denmark. Matr is a developer of a food technology platform that transforms byproducts into healthy food. Website: www.matrfoods.com
Serval raised $47.00 million at a $232.00 million valuation from Redpoint Ventures on October 21, 2025. The CEO is Jake Stauch. Serval is based in San Francisco, CA. Serval is a developer of an IT service management software that streamlines and automates help desk operations for modern teams. Website: www.serval.com
Starbridge raised $43.84 million at an unknown valuation from Craft Ventures on October 21, 2025. The CEO is Justin Wenig. Starbridge is based in New York, NY. Starbridge is a developer of a software platform that uses data analysis to prioritize sales opportunities. Website: www.starbridge.ai
Streetbeat raised $23.29 million at a $39.00 million valuation from CDP Venture Capital on October 21, 2025. The CEO is Damian Scavo. Streetbeat is based in Palo Alto, CA. Streetbeat is a developer of an artificial intelligence-powered investment platform that unifies customer relationship management, email, and portfolio management. Website: www.streetbeat.com
Velotax raised $23.25 million at an unknown valuation from Picus Capital, QED Investors, and Valor Capital Group on October 21, 2025. The CEO is Eduardo Esmanhotto. Velotax is based in Sao Paulo, Brazil. Velotax is a developer of a digital platform that simplifies the annual income tax declaration process and offers anticipation of tax refunds. Website: www.velotax.com.br
Acoru raised $11.68 million at an unknown valuation from 33N Ventures on October 22, 2025. The CEO is Pablo Ferrezuelo. Acoru is based in Madrid, Spain. Acoru is a developer of a fraud prevention platform that detects and prevents both unauthorised and authorised fraud before transactions occur. Website: www.acoru.com
Bluwhale raised $10.00 million at an unknown valuation on October 22, 2025. The CEO is Han Jin. Bluwhale is based in Santa Clara, CA. Bluwhale is a developer of a financial health platform that builds artificial intelligence on blockchain infrastructure. Website: www.bluwhale.com
Cybrid raised $10.00 million at an unknown valuation from BDC Capital on October 22, 2025. The CEO is Avinash Chidambaram. Cybrid is based in Newark, NJ. Cybrid is a developer of a crypto banking platform that provides a way to send and settle funds globally. Website: www.cybrid.xyz
GradBridge raised $20.00 million at an unknown valuation from Acorn Investment Partners and Oaktree Capital Management on October 22, 2025. The CEO is Jen O’Donald. GradBridge is based in Wilmington, DE. GradBridge is an operator of alternative private student loan services intended for students who do not meet traditional lending criteria. Website: www.gradbridge.com
Hangry! raised $10.50 million at an unknown valuation from Alpha JWC Ventures on October 22, 2025. The CEO is Abraham Viktor. Hangry! is based in Jakarta, Indonesia. Hangry! is an operator of a multi-brand delivery-only restaurant platform intended for consumers looking for a variety of food options. Website: www.ishangry.com
Letterhead raised $34.00 million at an unknown valuation from PeakSpan Capital on October 22, 2025. The CEO is Christopher Sopher. Letterhead is based in Miami, FL. Letterhead is a developer of a marketing automation platform that automates the creation and management of email newsletters. Website: www.tryletterhead.com
roclub raised $11.70 million at an unknown valuation from Smedvig Ventures and YZR Capital on October 22, 2025. The CEO is André Glardon. roclub is based in Berlin, Germany. roclub is a developer of a teleoperation platform designed for skilled workers in the medical-technical field. Website: www.roclub.com
Saturn raised $15.07 million at an unknown valuation from Singular on October 22, 2025. The CEO is Amal Jolly. Saturn is based in London, United Kingdom. Saturn is a developer of an AI-enabled back-office automation and compliance system designed for financial advisory firms. Website: www.saturnos.com
SenseNet raised $14.00 million at an unknown valuation from Stormbreaker Ventures on October 22, 2025. The CEO is Hamed Noori. SenseNet is based in Vancouver, Canada. SenseNet is a developer of an artificial intelligence-driven wildfire detection system designed for early identification and response to fire hazards. Website: www.sensenet.ca
Shellworks raised $14.01 million at an unknown valuation from Third Sphere on October 22, 2025. The CEO is Insiya Jafferjee. Shellworks is based in London, United Kingdom. Shellworks is a developer of sustainable bio-polymer products that turn waste crustacean shells into biodegradable and compostable products. Website: www.shellworks.com
Sumble raised $30.00 million at an unknown valuation from Canaan Partners and Coatue Management on October 22, 2025. The CEO is Anthony Goldbloom. Sumble is based in San Francisco, CA. Sumble is a developer of a business-intelligence platform that maps organisational structures, technology stacks, and hiring patterns from publicly available web data. Website: www.sumble.com
Theraheart raised $20.60 million at an unknown valuation from Qiming Venture Partners on October 22, 2025. The CEO is Wei Gan. Theraheart is based in Irvine, CA. Theraheart is a developer of implantable cardiac medical devices designed to assist patients with advanced heart failure. Website: www.theraheart.com
Volta Software raised $5.84 million at an unknown valuation from RTP Global on October 22, 2025. The CEO is Mario Parteli. Volta Software is based in Milan, Italy. Volta Software is a developer of a business-to-business commerce management platform that empowers brands, wholesalers, and distributors with tools and support to thrive in today’s digital economy. Website: www.voltasoftware.com
Wolf Games raised $9.00 million at an unknown valuation from Main Street Advisors on October 22, 2025. The CEO is Andrew Adashek. Wolf Games is based in Alhambra, CA. Wolf Games is a developer of an AI-generating gaming tool designed to create the next generation of stories built into pioneering experiences. Website: www.wolfgames.net
Clerq raised $21.00 million at a $63.00 million valuation from 645 Ventures on October 23, 2025. The CEO is Benjamin Markowitz. Clerq is based in New York, NY. Clerq is a developer of a bank payment platform that facilitates direct payments from customer bank accounts. Website: www.clerq.io
Darwin raised $15.00 million at an unknown valuation from Insight Partners on October 23, 2025. The CEO is Noam Maital. Darwin is based in San Francisco, CA. Darwin is a developer of an AI-powered governance platform designed for organizational compliance. Website: www.darwingov.com
Darwin AI raised $15.00 million at an unknown valuation from Insight Partners on October 23, 2025. The CEO is Lautaro Schiaffino. Darwin AI is based in Sao Paulo, Brazil. Darwin AI is a developer of a suite of AI employee platforms designed to automate complex and repetitive tasks for businesses. Website: www.getdarwin.ai
Mondra raised $13.78 million at an unknown valuation from AlbionVC and Planet A on October 23, 2025. The CEO is Jason Barrett. Mondra is based in London, United Kingdom. Mondra is a developer of a data-driven insights platform that supports food system players in meeting their carbon neutrality goals. Website: www.mondra.com
Riff raised $16.02 million at a $68.92 million valuation from Northzone Ventures on October 23, 2025. The CEO is Trygve Karper. Riff is based in Oslo, Norway. Riff is a developer of a low-code platform that allows users to create and deploy apps using Python through a conversational interface. Website: www.riff.new
Tract raised $21.72 million at an unknown valuation from Icos Capital on October 23, 2025. The CEO is Allison Kopf. Tract is based in Amsterdam, Netherlands. Tract is a developer of a sustainability measurement infrastructure platform that streamlines data management for companies across multiple product categories. Website: www.tract.eco
Vermeer raised $10.63 million at an unknown valuation from Draper Associates on October 23, 2025. The CEO is Brian Streem. Vermeer is based in New York, NY. Vermeer is a developer of GPS technology designed for the use of drones and unmanned systems in anti-access and area denial environments. Website: www.getvermeer.com
UMe Tea raised $10.00 million at an unknown valuation from Conductive Ventures, iFly.vc, and MY Capital on October 24, 2025. The CEO is Jiachun Li. UMe Tea is based in Cupertino, CA. UMe Tea is an operator of a retail beverage shop intended for the preparation and service of tea-based drinks to individual consumers. Website: www.umetea.com
Augmentus raised $11.00 million at a $42.00 million valuation from Woori Venture Partners on October 27, 2025. The CEO is Daryl Lim. Augmentus is based in Singapore, Singapore. Augmentus is a developer of no-code AI robotics software that helps non-technical professionals develop, deploy, and re-purpose robotic systems for automation and process management. Website: www.augmentus.tech
Three Most Interesting Deals (according to Claude)
Seneca ($60M) - This is the largest round of the week and addresses the critical wildfire crisis with autonomous drone technology for firefighters. The substantial funding and impressive investor syndicate (including DCVC, First Round, and Slow Ventures) signal strong belief in hardware-enabled climate resilience solutions that can save lives and property.
Serval ($47M at $232M valuation) - This IT service management platform achieved a remarkable $232 million post-money valuation while raising a substantial Series A, indicating exceptional early traction. The company’s AI-powered approach to modernizing help desk operations targets a massive enterprise market, and backing from top-tier investors like Redpoint, Bessemer, and General Catalyst validates its potential to disrupt traditional ITSM incumbents.
ChipAgents ($21M) - This semiconductor design automation startup raised significant capital from Bessemer alongside strategic investors including Ericsson, MediaTek, and Micron Technology, demonstrating strong validation from industry giants. The company’s AI agents for chip design address a critical bottleneck in semiconductor development at a time when chips are increasingly strategic assets, positioning it at the intersection of AI and hardware innovation.
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Disclosures
This material is intended for information purposes only and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Unless otherwise stated, all views or opinions herein are solely those of the author(s), and thus any view, comments, or outlook expressed in this communication may differ substantially from any similar material issued by other persons or entities. The information contained in this communication is based on generally available information and although obtained from sources believed to be reliable, its accuracy and completeness cannot be assured and such information may be incomplete or condensed. The information in this communication does not constitute tax, financial, or legal advice.