10 Funding Rounds To Know About in October 2025

As we head into Q4, startups are racing to close funding rounds that will allow them to continue expanding into 2026 and beyond.

And the good news is that despite economic uncertainty, October 2025 delivered a wave of funding that shows real investor confidence in areas like AI, space tech, cybersecurity and fintech.

So, what are the funding rounds that we think are worth knowing about from October 2025? Here, we take a look…

Base Power Raises $1B Series C

One of the biggest deals of the month was Base power, a Texas-based energy provider that also gives homes automatic backup power.

The company raised a huge Series C round, driving itself forward as a leader in home energy storage. This latest injection of funding is designed to help the company build its manufacturing capabilities and take an even bigger market share.

Who led the round? Addition, supported by a group of investors including Valor Equity Partners, Lightspeed, and Andreessen Horowitz

Find them at: www.basepowercompany.com

Stoke Space Raises A $510M Series D

Stoke Space raised its latest round to allow it to launch its first reusable Nova rocket.

Stoke Space is setting out to create the world’s first 100% reusable rocket and prepare for its first launch into orbit. The funding will also be used to create a new launch site in Cape Canaveral, with plans to have it operational by 2026.

Who led the round? Led by Thomas Tull’s USIT (US Innovative Technology Fund) alongside a $100m debt raise led by Silicon Valley Bank.

Find them at: www.stokespace.com

Property Finder Raises A $525M Debt Round

Dubai-based Property Finder has raised a $525 million investment, allowing it to continue expanding into new markets.

The company, which operates as a property portal in the Middle East and North Africa, is looking to continue growing as the MENA real-estate sector goes digital. And with the UAE property market alone projected to grow around 13% over the next 5 years, expansion could be a very lucrative move.

Who led the round? Permira, Blackstone and General Atlantic

Find them at: www.propertyfinder.ae

Deel Raises A $300M Funding Round

Another huge raise this month saw Deel, the HR & payroll platform raise a huge $300 million funding round. The company, which has gone from strength to strength, has now reached an incredible valuation of $17.3 billion with the latest round.

Now, it eyes up even further expansion, solidifying itself as a leader in the sector.

Who led the round? Ribbit Capital, Andreessen Horowitz and Coatue Management.

Find them at: deel.com

Chainguard Raises A $280M Venture Round

Seattle based cybersecurity startup Chainguard has raised a $280 million venture round, just 6 months after a Series D round pulled in $356 million.

Chainguard specialises in helping companies keep their open-source infrastructure secure and maintain compliance automatically.

Who led the round? General Catalyst

Find them at: www.chainguard.dev

Electra Therapeutics Raises A $183M Series C

Electra Therapeutics has raised a $183M Series C round to lead a trial into new therapies for cancer and immunology.

Electra is working on cures for a number of hyperinflammatory diseases, specifically those related to Secondary hemophagocytic lymphohistiocytosis (sHLH) – a rare, life-threatening hyperinflammatory disease with a lack of treatment options.

Who led the round? Nextech and EQT Life Sciences, with participation from new investors Sanofi, HBM Healthcare Investments, and Mubadala Capital, as well as existing investors OrbiMed, Redmile Group, New Leaf Venture Partners, Westlake BioPartners, Cormorant Asset Management, Blue Owl Capital, and RA Capital Management.

Find them at: electra-therapeutics.com

EvenUp Raises A $150M Series E

EvenUp, the company that has created an AI for personal injury law announced on the 7th October that it raised a $150 million Series E round, bringing its valuation up to $2 billion.

EvenUp’s Claims Intelligence Platform™, powered by its proprietary Piai™ model, is trained on hundreds of thousands of injury cases and millions of medical records. To date, it has already helped secure billions in settlements, allowing lawyers to help achieve the best outcomes for their clients.

Who led the round? Bessemer Venture Partners, with participation from REV – the venture capital arm of RELX, which owns LexisNexis Legal & Professional – B Capital, SignalFire, Adams Street, Premji Invest, Bain Capital, HarbourVest, Lightspeed, and Broadlight Capital.

Find them at: evenuplaw.com

Quo Raises $105M

Quo, previously known as OpenPhone, announced last month that it has raised a $105 million growth investment. The company plans to use the capital to expand its AI-powered business phone system to help more SMEs unify their calls, texts and customer data.

Their key product is an AI agent named Sona that can handle tasks like answering questions and scheduling appointments, cutting down admin time for small businesses.

Who led the round? General Catalyst

Find them at: 

Oura Raises $900M In A Series E Round

Oura, the company behind the viral wearable smart ring, announced last month that it had raised $900 million in a Series E round, bringing their valuation up to a huge $11 billion.

With the new capital, Oura is looking to expand their global reach and and continue the development of new versions of the product.

Who led the round? Fidelity Management and Research Company

Find them at: ouraring.com

Reflection AI Raises $2 Billion

Reflection AI, a company founded by 2 previous Google Deepmind researchers, raised $2 billion, bringing their valuation up to $8 billion.

The company, which is developing an alternative open source AI to closed models like OpenAI and Anthropic, is looking to create autonomous coding agents. The company has its eyes on becoming “America’s open frontier AI lab” and is expected to use the funds to train its new models with a launch due in 2026.

Who led the round? NVIDIA

Find them at: reflection.ai