Funding · Q1 2025
Startup funding in Q1 2025
122 US offerings of $20M or more were disclosed to the SEC in Q1 2025, totalling $17.8B.
$17.8B
Disclosed this quarter
122
Offerings of $20M+
$8.59B
Largest — Databricks, Inc.
1,272
All operating-company filings
By industry
$14.9B · 76
$2B · 24
$634M · 16
$122M · 2
$90M · 3
$26M · 1
All offerings · 122
$8.59B
$1.57B
$403M
Apptronik, Inc
apptronik.com ↗
Austin, TX · Software & Technology · filed Mar 18, 2025 · 1 amendment
$360M
Areteia Therapeutics, Inc.
areteiatx.com ↗
Chapel Hill, NC · Biotech & Pharma · filed Feb 21, 2025 · 2 amendments
$351M
$348M
$300M
Counsel AI Corp
San Francisco, CA · Software & Technology · filed Feb 14, 2025
$262M
$184M
STOKE Space Technologies, Inc.
stokespace.com ↗
Kent, WA · Software & Technology · filed Jan 23, 2025
$182M
$148M
Celestial AI Inc.
Santa Clara, CA · Software & Technology · filed Mar 12, 2025
$146M
STOKE Space Technologies, Inc.
stokespace.com ↗
Kent, WA · Software & Technology · filed Jan 23, 2025
$127M
$126M
$125M
$125M
$123M
Caban Systems Holding, Inc.
Burlingame, CA · Software & Technology · filed Mar 25, 2025
$120M
SIERRA INTERNATIONAL NETWORK INC
sierranetwork.com ↗
Irvine, CA · Software & Technology · filed Mar 18, 2025
$110M
BRICKYARD HOLDING INC
Corona, CA · Software & Technology · filed Mar 21, 2025
$99M
$94M
Harbinger Motors Inc.
harbingermotors.com ↗
Garden Grove, CA · Software & Technology · filed Jan 16, 2025 · 1 amendment
$93M
Newleos Therapeutics, Inc.
newleostherapeutics.com ↗
Boston, MA · Biotech & Pharma · filed Feb 24, 2025
$91M
Blockratize Inc.
blockratize.com ↗
New York, NY · Software & Technology · filed Feb 25, 2025 · 1 amendment
$91M
$90M
$85M
Lynk Global, Inc.
lynkglobal.com ↗
Falls Church, VA · Software & Technology · filed Feb 11, 2025 · 1 amendment
$85M
$80M
SetPoint Medical Corp
setpointmedical.com ↗
Valencia, CA · Healthcare · filed Feb 4, 2025 · 1 amendment
$80M
$75M
Castle Creek Biosciences, Inc.
castlecreekbio.com ↗
Exton, PA · Biotech & Pharma · filed Feb 25, 2025
$75M
Aviceda Therapeutics, Inc.
Cambridge, MA · Biotech & Pharma · filed Jan 13, 2025 · 1 amendment
$73M
$72M
NewLimit, Inc.
newlimit.com ↗
South San Francisco, CA · Biotech & Pharma · filed Jan 7, 2025 · 1 amendment
$71M
$68M
$59M
$57M
Rivus Pharmaceuticals, Inc.
rivuspharmaceuticals.com ↗
Charlottesville, VA · Biotech & Pharma · filed Jan 16, 2025
$56M
$55M
$53M
Bambusa Therapeutics, Inc.
Boston, MA · Biotech & Pharma · filed Feb 26, 2025
$52M
Liberation Labs Holdings Inc.
liberationbioindustries.com ↗
New York, NY · Software & Technology · filed Feb 10, 2025
$50M
$49M
fal - Features & Labels, Inc.
San Francisco, CA · Software & Technology · filed Feb 24, 2025
$49M
$48M
$48M
$45M
CurvaFix, Inc.
Bellevue, WA · Healthcare · filed Mar 5, 2025 · 1 amendment
$45M
$45M
$44M
Atomwise Inc.
San Francisco, CA · Biotech & Pharma · filed Mar 14, 2025
$43M
$43M
$42M
AstroForge, Inc.
astroforge.com ↗
Huntington Beach, CA · Software & Technology · filed Jan 31, 2025 · 1 amendment
$42M
Curevo, Inc.
Bothell, WA · Biotech & Pharma · filed Mar 18, 2025
$41M
AIM Intelligent Machines, Inc.
Monroe, WA · Software & Technology · filed Jan 15, 2025
$41M
GTP Software, Inc.
Larkspur, CO · Software & Technology · filed Jan 29, 2025
$40M
$40M
Antares Therapeutics, Inc.
antarestherapeutics.com ↗
Boston, MA · Biotech & Pharma · filed Mar 12, 2025
$40M
$39M
Auditoria.AI, Inc.
San Jose, CA · Software & Technology · filed Feb 24, 2025
$38M
Intelliga Corp
San Francisco, CA · Software & Technology · filed Jan 3, 2025
$37M
Forward Lending, Inc.
Austin, TX · Software & Technology · filed Jan 24, 2025
$35M
Endera Corp
Ottawa, OH · Industrial & Manufacturing · filed Mar 17, 2025 · 1 amendment
$35M
$34M
Creditly Corp.
Plymouth Meeting, PA · Software & Technology · filed Feb 12, 2025
$33M
360 Holdings I Corp.
New York, NY · Industrial & Manufacturing · filed Mar 6, 2025 · 3 amendments
$33M
$32M
MicroTransponder, Inc.
Austin, TX · Healthcare · filed Mar 14, 2025
$32M
$32M
Air Labs, Inc.
Brooklyn, NY · Software & Technology · filed Jan 15, 2025
$32M
sp0n, Inc.
New York, NY · Software & Technology · filed Jan 6, 2025
$32M
Octave Bioscience Inc
Menlo Park, CA · Healthcare · filed Mar 24, 2025
$31M
Altera.AL, Inc.
Menlo Park, CA · Software & Technology · filed Feb 4, 2025
$31M
$31M
$30M
$30M
$30M
$30M
Halliday International Inc.
San Francisco, CA · Software & Technology · filed Jan 31, 2025
$29M
$29M
VIVIDLY INC.
Tomball, TX · Software & Technology · filed Jan 6, 2025
$29M
Flexbase Technologies, Inc.
San Francisco, CA · Software & Technology · filed Jan 28, 2025
$28M
Via Science, Inc.
Somerville, MA · Software & Technology · filed Mar 4, 2025
$28M
X.AI CORP.
Palo Alto, CA · Software & Technology · filed Feb 25, 2025
$27M
$27M
$27M
$26M
$26M
Atomicwork Inc.
atomicwork.com ↗
San Francisco, CA · Software & Technology · filed Mar 3, 2025 · 1 amendment
$26M
FL101, Inc.
Austin, TX · Consumer & Retail · filed Jan 24, 2025
$26M
Equilibrium Energy, Inc.
equilibriumenergy.com ↗
Boston, MA · Software & Technology · filed Mar 13, 2025
$26M
410 Medical, Inc.
410medical.com ↗
Research Triangle Park, NC · Healthcare · filed Mar 18, 2025 · 1 amendment
$25M
$25M
$24M
Rhino.ai, Inc.
Alexandria, VA · Software & Technology · filed Feb 7, 2025
$24M
$23M
$23M
$23M
$23M
Cambrian BioPharma Inc
cambrianbiopharma.com ↗
New York, NY · Biotech & Pharma · filed Jan 13, 2025 · 1 amendment
$23M
$23M
CloudWerx, Inc.
San Jose, CA · Software & Technology · filed Jan 14, 2025
$22M
Sierra Springs Opportunity Fund, Inc.
Carson City, NV · Industrial & Manufacturing · filed Jan 30, 2025
$22M
SoFar Ocean Technologies, Inc.
sofarocean.com ↗
San Francisco, CA · Software & Technology · filed Feb 12, 2025 · 1 amendment
$22M
$22M
Odiggo Inc.
Santa Clara, CA · Software & Technology · filed Jan 24, 2025
$21M
$21M
$21M
Laplace Interventional, Inc.
Plymouth, MN · Healthcare · filed Feb 27, 2025
$21M
DILON TECHNOLOGIES INC
dilon.com ↗
Newport News, VA · Biotech & Pharma · filed Jan 14, 2025 · 1 amendment
$21M
$21M
$21M
$21M
Exa Labs Inc.
San Francisco, CA · Software & Technology · filed Mar 4, 2025
$20M
CENTAVO INC.
Miami, FL · Software & Technology · filed Mar 21, 2025
$20M
Lovable Labs Inc
Dover, DE · Software & Technology · filed Feb 14, 2025
$20M
SHOULDER INNOVATIONS, INC.
shoulderinnovations.com ↗
Grand Rapids, MI · Healthcare · filed Mar 18, 2025
$20M
$20M
Nue IO, Inc.
San Mateo, CA · Software & Technology · filed Jan 2, 2025
$20M
$20M
$20M
Source: SEC Form D structured data. Amounts are self-reported by the issuer on a notice filing — not audited, and cumulative across amendments. Full methodology →