Fundraising
7 pieces on Fundraising.
News & Analysis
Keenable Raises $26M to Build a 100B-Document Search Index for AI Agents
Accel-backed Keenable exits stealth with $26M and a 100B-document index built for AI agents, as Google and Microsoft wind down open search APIs.
Etched Raises $700M at $21B Valuation After Jane Street Deploys Its Hardware
Etched's valuation doubled from $10.3B to $21B in a month after quant firm Jane Street tested its inference chips and deployed a rack in its own datacenter.
Wispr Raises $280M at $2B Valuation, Targets Meeting Transcription
Wispr closes a $280M Series B at a $2B valuation, launches speech model Canto to cut error rates from 30% to under 10%, and enters meeting notes.
Groq Raises $350M at $3.5B Valuation in Neocloud Pivot
Groq closes $350M at $3.5B — down from $6.9B — as it abandons custom LPU chips and operates Nvidia GPUs across 13 data centers.
Databricks Raises $5B at $190B Valuation After $15B Investor Demand
Databricks targeted $1B, faced $15B in investor demand, and settled on $5B at a $190B valuation — backed by $7B ARR growing 80% YoY.
Lovable Raises $400M Series C at $13.3B Valuation
Lovable closes a $400M Series C at $13.3B, doubling its valuation since December, after hitting $500M ARR and 900M monthly visitors.
Situational Awareness Puts $400M More Into Chip Startup Source Foundry
The embattled AI hedge fund's total commitment to the Stanford-founded chip startup now stands at $500M, even as its AUM halved to $10B.