Fresh Rounds

Companies that raised money on October 23, 2025

78 companies filed a new Form D with the SEC on Thursday, October 23, 2025, reporting $2.1B raised in total. The largest was Crusoe Inc. (Denver, CO) at $1B. Most active sectors: technology (20), real estate (18), other (15). Another 98 investment funds filed the same day.

CompanyIndustryRaisedSecurity
Crusoe Inc.Denver, CO · Founded 2022 Other $1Bof $1.4B Equity
Kalshi Inc.New York, NY Other Technology $295Mof $390M Equity
Quoin Pharmaceuticals, Ltd.Ashburn, VA Pharmaceuticals $105M Equity, Options or warrants
Spotter, Inc.Culver City, CA Other $89.1M Equity
Different Technologies LLCKansa City, MO · Founded 2022 Other Banking and Financial Services $63.9Mof $100M Equity, Options or warrants
Sugar Bowl CorpNorden, CA Tourism and Travel Services $63Mof $75.6M Equity
Vireo Growth Inc.Minneapolis, MN Other $62M Equity
American Resources CorpFishers, IN Other Energy $40M Equity
Triton Therapeutics, Inc.Stamford, CT · Founded 2025 Pharmaceuticals $36.4M Equity
American Resources CorpFishers, IN Other Energy $33.7M Equity
Recode Therapeutics, Inc.Menlo Park, CA Biotechnology $29.4M Debt
Spotter, Inc.Culver City, CA Other $25.5M Equity
NGEx Minerals Ltd.Vancouver, British Columbia, Canada Other $22.9M Equity
Instylla, Inc.Bedford, MA Biotechnology $21.7M Equity
Safe & Green Development CorpMiami, FL · Founded 2021 Other Energy $18M Equity, Options or warrants
Nickel Technology Inc.Brooklyn, NY · Founded 2022 Other $14.7Mof $15.1M Equity
SimplyWise, Inc.New York, NY Other Technology $12M Equity
Rewind Holdco, LLCAustin, TX · Founded 2025 Other $11.8M Equity
FCP Holdings 02 US LPNaples, FL · Founded 2025 Residential $11.1Mof $12.5M Equity
PodPlay Technologies, Inc.Kearny, NJ · Founded 2025 Other Technology $8M Equity
OpenAGI Research Foundation, Inc.Foster City, CA · Founded 2025 Computers $7.5M Equity
OSP Investors, LLCSpringfield, MO · Founded 2022 Commercial $7.5M Equity
Kodama Systems, Inc.Sonora, CA · Founded 2021 Other $7M Equity, Other
Bac/Cb Fulcrum LLCBoston, MA · Founded 2025 Commercial $6.2M Equity
Red Door Opportunity Fund I LPMemphis, TN · Founded 2025 Investing $4.4Mof $50M Equity
Asymmetry Labs Inc.New York, NY · Founded 2025 Other Technology $4.1Mof $4.3M Equity, Other
LumiTerra, Inc.Los Angeles, CA · Founded 2021 Manufacturing $3.8Mof $4.7M Equity
Flipside Crypto, Inc.Boston, MA Other Technology $3.6M Equity
Auxilium Biotechnologies Inc.San Diego, CA Biotechnology $3.5Mof $10M Equity
ZetaGig, Inc.Sunny Isles Beach, FL · Founded 2022 Other $3.3M Equity
Givzey, Inc.Newton, MA · Founded 2022 Other Technology $3M Equity
Thoroughcare, Inc.Pittsburgh, PA Other Technology $3Mof $4M Equity
Red Oak Development, Inc.Highland, UT · Founded 2025 Computers $2.6M Equity
Heartwood Biomass Inc.Wallowa, OR · Founded 2021 Manufacturing $2.2Mof $3M Debt, Other
Himalayan Pathfinders, LLCShreveport, LA · Founded 2025 Lodging and Conventions $2M Equity
Texture Corp.New York, NY · Founded 2023 Other Technology $2M Equity
Story Industries, Inc.Wilmington, DE · Founded 2025 Other Technology $2Mof $3M Equity, Options or warrants
Campusknot, Inc.Starkville, MS Other Technology $1.3Mof $2M Equity, Security to be acquired on exercise
Pavewise, Inc.Dover, DE · Founded 2023 Other Technology $1.3Mof $2.5M Equity
Telemetry Insight IncAlbuquerque, NM · Founded 2022 Oil and Gas $1Mof $1.9M Equity, Debt
Seaborne Airlines, Inc.Carolina, PR · Founded 2025 Airlines and Airports $1Mof $3M Equity
GS Finance Corp.New York, NY Investment Banking $802K Options or warrants
GS Finance Corp.New York, NY Investment Banking $802K Options or warrants
Trace Labs Inc.Brooklyn, NY · Founded 2025 Other Technology $735Kof $2M Other
Bird River Resources Inc.Winnipeg, Manitoba, Canada Other $508K Equity
Crystal Lake Investment Holding LLCFort Lee, NJ · Founded 2025 Commercial $500Kof $1.2M Equity
Upstart Power Acquisitions, Inc.Southborough, MA · Founded 2025 Other Energy $307Kof $1M Equity
S.T.L. Resources Drilling Fund G, LPSewickley, PA · Founded 2025 Oil and Gas $182Kof $100M Other
Deposely, Inc.Bellevue, WA · Founded 2024 Computers $175Kopen-ended Options or warrants, Security to be acquired on exercise
Regency Silver Corp.Vancouver, British Columbia, Canada Other $168K Equity, Options or warrants
Centered Venture Studio LLCHolland, MI · Founded 2025 Other Technology $130Kof $500K Options or warrants
Exeter Five REIT Midsouth, LLCRadnor, PA · Founded 2025 REITS and Finance $124Kof $125K Equity, Other
Exeter Five REIT Midwest, LLCRadnor, PA · Founded 2025 REITS and Finance $124Kof $125K Equity, Other
Exeter Five REIT South, LLCRadnor, PA · Founded 2025 REITS and Finance $124Kof $125K Equity, Other
Exeter Five REIT West, LLCRadnor, PA · Founded 2025 REITS and Finance $124Kof $125K Equity, Other
Aternium, Inc.Wilmington, DE · Founded 2024 Other Energy $100Kof $4M Equity, Security to be acquired on exercise
Eye GuardianBermuda Dunes, CA · Founded 2025 Other Health Care $90Kof $15M Equity
Stellar Employees Series EPV V, LLCMidvale, UT · Founded 2025 Other Real Estate $87.5K Equity
Cost of Living Co.Astoria, NY · Founded 2025 Other $40Kof $500K Other
Micromem Technologies Inc.Toronto, Ontario, Canada Other Technology $29.6Kof $61.8K Equity, Options or warrants
Tap Technology, Inc.Boise, ID · Founded 2025 Computers $12.5K Other
Lakril Technologies CorpChicago, IL · Founded 2021 Other Technology $1of $90K Options or warrants, Security to be acquired on exercise
603 South Mariposa QOF, LLCSeattle, WA · Founded 2020 Other Real Estate Not yet soldof $2.7M Equity, Other
Alamo Bernal Investments, LLCCheyenne, WY · Founded 2024 Other Not yet soldopen-ended Equity
Apex Capital Fund, LLC/UtEagle Mountain, UT · Founded 2025 Other Real Estate Not yet soldof $40M Equity
ARC Ashton LLCIrvine, CA · Founded 2025 Residential Not yet soldof $3.6M Equity
Bokee's Trek Experience, LLCKnoxville, TN · Founded 2025 Other Travel Not yet soldof $15.8M Equity
Compass Pearl Cove Fund LLCFlora, IL · Founded 2025 Commercial Not yet soldof $2M Equity
Fbr Medical, Inc.Laguna Hills, CA Other Health Care Not yet soldopen-ended Equity
Forest Rd Sedona LLCPhoenix, AZ · Founded 2025 Commercial Not yet soldof $10M Equity
Hanford Chmu LLCSeattle, WA · Founded 2025 Other Real Estate Not yet soldof $660K Equity, Other
Hord Coplan Macht, Inc.Baltimore, MD Other Not yet soldof $250K Equity
HS Nashville Elliston, LLCDallas, TX · Founded 2022 Commercial Not yet soldof $6.5M Equity
JC Top, LPAlhambra, CA · Founded 2023 Residential Not yet soldof $20.8M Equity
McDonald Chapel Prospect PartnersHendersonville, TN Oil and Gas Not yet soldof $904K Other
Otis Topco, L.P.New York, NY · Founded 2023 Other Not yet soldopen-ended Other
Rainier Lucas Preferred Investors, LPHouston, TX · Founded 2025 Other Real Estate Not yet soldof $9.3M Equity, Other
TACTICAL LASER DEFENSE SYSTEMS Inc.Seal Rock, OR · Founded 2025 Other Technology Not yet soldof $100K Other