Accel

Entity category: organization

Artificial Intelligence

Cursor Hits $2B Annual Revenue Milestone

Cursor, an AI coding assistant, has reached a $2 billion annualized revenue run rate, doubling its revenue in a single…

Read More »
AI & Tech

Code Metal Secures $125M to Transform Defense With AI

Boston AI startup Code Metal raised $125 million in Series B funding to modernize legacy software, focusing on translating and…

Read More »
Artificial Intelligence

Modal Labs in Talks for $2.5B Valuation Funding Round

Modal Labs is reportedly negotiating a major funding round that would value the AI infrastructure company at roughly $2.5 billion,…

Read More »
Artificial Intelligence

Anthropic Hits $380B Valuation With $30B Series G Funding

Anthropic raised $30 billion in Series G funding, achieving a $380 billion valuation, more than double its previous value, amid…

Read More »
Artificial Intelligence

Vega Secures $120M to Revolutionize Enterprise Cyber Threat Detection

Traditional centralized security analysis is too slow and expensive for modern, distributed cloud data, creating a critical industry challenge. Vega…

Read More »
Business

India Revamps Startup Rules to Boost Deep Tech Innovation

India has extended its startup classification for deep tech firms to 20 years and raised the revenue ceiling for tax…

Read More »
Artificial Intelligence

Sapiom Secures $15M to Empower AI Agents With Self-Service Tools

Sapiom, a startup founded by a former Shopify director, has raised $15 million in seed funding to build a financial…

Read More »
AI & Tech

Accel Doubles Down on Fibr AI to Turn Static Sites Into Personal Experiences

Fibr AI uses autonomous AI agents to transform generic websites into unique, one-to-one experiences for each visitor, addressing a key…

Read More »
Artificial Intelligence

Synthesia Reaches $4 Billion Valuation in Employee Stock Sale

Synthesia has raised $200 million in a Series E round, doubling its valuation to $4 billion and surpassing $100 million…

Read More »
Artificial Intelligence

RadixArk Spins Out With $400M Valuation Amid AI Inference Boom

RadixArk, the commercial company behind the open-source AI inference tool SGLang, has raised funding at a valuation of approximately $400…

Read More »
Business

Amagi’s India Debut Slips as Cloud TV Firm Tests Investor Appetite

Amagi Media Labs' stock debuted at a 12% discount to its issue price, reflecting cautious investor sentiment toward its export-focused…

Read More »
Business

Ethos Insurance Tech Aims for First IPO of the Year

Ethos Technologies is launching a major tech IPO with a share price of $18-$20, targeting a valuation up to $1.26…

Read More »
Artificial Intelligence

Cyera Raises $400M to Expand AI Data Security Platform

Cyera, an AI-powered data security firm, secured a $400 million Series F investment led by Blackstone, tripling its valuation to…

Read More »
Business

India Startup Funding Hits $11B in 2025 Amid Investor Caution

India's startup funding in 2025 reached about $10.5 billion, but deal volume fell sharply by 39%, reflecting a more selective…

Read More »
Artificial Intelligence

Ex-Uber Eats Founder Raises $14M to Organize Doctors’ WhatsApp in LatAm

Caroline Merin, a former Uber Eats and Rappi executive, founded Leona Health to address the inefficient use of WhatsApp for…

Read More »
Artificial Intelligence

Port Raises $100M to Challenge Spotify’s Backstage

Spotify's open-source Backstage project faces competition from specialized turnkey solutions like Port, which just secured $100 million in funding to…

Read More »
Artificial Intelligence

Google, Accel Partner to Find India’s Top AI Startups

Google and Accel are partnering to invest up to $2 million each in early-stage Indian AI startups, focusing on AI-first…

Read More »
Artificial Intelligence

Lovable Hits $200M ARR, CEO Credits European Roots for Success

Lovable has doubled its annual recurring revenue to $200 million in just four months, achieving rapid growth since reaching $100…

Read More »
AI & Tech

Cursor AI secures $2.3B funding just 5 months after last round

Cursor raised $2.3 billion in funding, doubling its valuation to $29.3 billion and highlighting strong investor interest in AI development…

Read More »
AI & Tech

The AI App Race Is Far From Over

While the U.S. leads in AI model development, Europe and Israel are emerging as key players in AI applications, securing…

Read More »