July 2025 Venture Growth Funding Recap

In July 2025, Growthink Capital Research tracked $7.62 billion in new venture funding, compared to the $10.12 billion recorded in June.

The month’s biggest funding event belonged to iCapital ($820 million) a financial technology platform intended to serve individual investors and clients in asset and wealth management industries, enabling clients to enter the alternative investments marketplace.

Another twenty-three companies raised over $100 million in July, namely:

1. Hadrian ($260 million) an autonomous manufacturing platform designed to accelerate and reduce the cost of aerospace and defense production, enabling aerospace startups, suppliers, and defense contractors to produce critical components with lower costs and greater efficiency.
2. Bilt ($250 million) a rewards platform designed to allow renters to earn points on rent, enabling cardholders to build a path towards homeownership.
3. Airalo ($220 million) a digital subscriber identity module card service intended to offer travelers connectivity and freedom around the world at affordable local rates, enabling travelers to stay connected without having to carry multiple physical subscriber identity module cards.
4. OpenEvidence ($210 million) an AI-powered information platform intended to organize medical knowledge and make it more useful, open, accessible, and understandable, enabling physicians, medical researchers, and healthcare professionals to monitor and understand all the latest research literature and clinical evidence relevant to their work.
5. Also ($200 million) an integrated technology platform is intended to meet the global mobility transportation challenges, enabling people to easily access rides as compared to traditional transportation options.
6. Varda ($187 million) a spacecraft infrastructure intended to create products in space for terrestrial applications, enabling the manufacturing industry to produce sustainability by eliminating the need to destructively extract the Earth’s resources.
7. Observe ($156 million) an enterprise SaaS platform intended to turn business data into information, enabling businesses to detect anomalies, troubleshoot applications, and resolve incidents to deliver exceptional customer experiences.
8. Anaconda ($150 million) a unified artificial intelligence(AI) platform designed to simplify, secure, and accelerate the use of open-source technologies, enabling AI practitioners, developers, and enterprises to manage risk, enhance productivity, and scale AI initiatives with confidence.
9. Motive ($150 million) an electronic fleet tracking device designed to digitize long-haul trucking services, enabling fleet managers and dispatchers to view and audit their drivers’ logs, track their location, and exchange messages.
10. Vanta ($150 million) a compliance management platform designed to automate risk management, security audits, and vendor assessments, enabling businesses to efficiently maintain security posture, streamline compliance processes, and build customer trust.
11. MaintainX ($150 million) a work order and procedure digitization platform designed to empower frontline workers with a mobile-first digitized workflow, enabling plant managers to become efficient operators by delivering real-time business insights from the field.
12. AbsoluteCare ($135 million) an integrated healthcare service designed to offer comprehensive, personalized care supporting patients in managing both their healthcare needs and social challenges that impact well-being.
13. ArtBio ($132 million) a radiopharmaceutical company intended to offer a new approach to the treatment of cancer, enabling medical practitioners to utilize novel mechanisms in oncology.
14. Armada ($131 million) an edge computing platform designed to revolutionize connectivity, computing, and artificial intelligence tools, providing users with a single control plane to efficiently manage and optimize data.
15. Fal ($125 million) a generative media platform intended to offer quality generative media models, enabling data scientists to run codes alongside direct benefit transfer to send Slack alerts, detect anomalies, and build machine learning models.
16. Terra CO2 ($124.5 million) a low-carbon geopolymer cement alternative intended to serve the construction industry to reduce emissions in concrete production, enabling clients to replace Portland cement, lower carbon dioxide emissions, and maintain cost and performance efficiency.
17. Reka ($110 million) a generative AI large language model designed to create enterprise-grade production models from its foundation, enabling businesses to use AI to automate tasks, generate creative text formats of text content, and translate languages, all through an intuitive and user-friendly interface.
18. Genesis AI ($105 million) an AI-driven simulation platform designed to train the next generation of robots, enabling clients to train the technology faster in a real-world setting while maintaining simulation fidelity.
19. Noma Security ($100 million) a comprehensive security platform designed to secure data and the artificial intelligence (AI) lifecycle, enabling businesses to secure their applications throughout the development process.
20. Carbyne ($100 million) a real-time emergency communication platform designed to provide public safety technology for emergency infrastructure, enabling emergency call takers to analyze calls in real-time and provide accurate support while reducing costs and dispatch time.
21. Oxide Computer ($100 million) an integrated rack-scale computer system designed for on-premises cloud computing, enabling organizations to run their workloads on-premises with the efficiency and predictable economics of a true cloud architecture, while maintaining full control over their infrastructure.
22. HeroDevs ($100 million) an open-source software designed to offer web development services, enabling developers to focus on mission-critical work, while the company’s software keeps the open-source stack running in the background.
23. Harmonic ($100 million) an enterprise software designed to transform business activities into actionable insights that drive growth, enabling clients to automate sourcing and networking.

The hottest sectors for funding during the month were Business/Productivity Software, Cybersecurity, A.I./Machine Learning, Financial Software, and Biotech.

Key funding events in each of these sectors for the month are below:

1. Business/Productivity Software deals included Observe ($156 million), Vanta ($150 million), MaintainX ($150 million), Harmonic ($100 million), Levelpath ($55 million), Unify ($40 million), Augmodo ($37.5 million), Campfire ($35 million), Sundial ($23 million), Polimorphic ($18.6 million), ValGenesis ($16 million), Blockskye ($15.8 million), TakeUp ($11 million), Billee Technologies ($9.2 million), Relativity Networks ($6.1 million), and Olto ($5.1 million).
2. Cybersecurity deals included Noma Security ($100 million), Safe ($70 million), Virtru ($50 million), CertifID ($47.5 million), Dropzone AI ($37 million), Prophet Security ($30 million), iCounter ($30 million), AirMDR ($15.5 million), Zip Security ($13.5 million), Seal Security ($13 million), and Empirical Security ($12 million).
3. A.I./Machine Learning deals included Anaconda ($150 million), Reka ($110 million), Genesis AI ($105 million), Boulevard ($80 million), Reveal Technology ($30 million), Composio ($25 million), Emerald AI ($24.5 million), Foundation EGI ($23 million), Promptfoo ($18.4 million), and Parter ($5.5 million).
4. Financial Software deals included iCapital ($820 million), Panacea ($62 million), Salient ($60 million), April ($38 million), Moment ($36 million), Ambrook ($26 million), Wingspan ($24 million), Alix ($20 million), Daloopa ($13 million), and Car IQ ($8 million).
5. Biotech deals included ArtBio ($132 million), CoRegan ($93 million), Renasant Bio ($54.5 million), Centivax ($45 million), Syntis Bio ($33 million), Aqtual ($31 million), BiomEdit ($18.4 million), Dash Bio ($11 million), and Synfini ($8.9 million).