Topic: investors
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Clay Raises $100M at $3.1B Valuation
Clay raised $100 million in Series C funding led by CapitalG, reaching a $3.1 billion valuation, just six months after its $1.25 billion Series B. The company’s total funding now stands at $204 million, with continued support from investors like Sequoia Capital and new participation from Sapphire...
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Nvidia Rival Groq Eyes $6B Valuation in New Funding Round
Groq, an AI chip startup, is nearing a $600 million funding round that could raise its valuation to $6 billion, marking a significant increase from its $2.8 billion valuation in August 2024. The investment is led by Austin-based Disruptive, with past backers including BlackRock and Samsung Cataly...
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OneText Secures $4.5M From YC & Khosla to Revolutionize Text Shopping
OneText raised $4.5M in seed funding to streamline online shopping by enabling purchases via text messages, backed by investors like Khosla Ventures and Y Combinator. The platform integrates with existing e-commerce systems using SMS for transactions, combining AI and human oversight to boost con...
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Applied Intuition Secures $600M to Expand Defense Tech Efforts
Applied Intuition raised $600 million in Series F funding, reaching a $15 billion valuation, driven by investor confidence in its defense and automotive tech innovations. The funding round was co-led by BlackRock and Kleiner Perkins, with new investors like Qatar Investment Authority and continue...
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Root Secures $9M to Launch Customizable Social Platform
Root secured $9 million in seed funding led by Headline Ventures and Konvoy Ventures to develop its customizable social platform for dynamic communities, with a closed beta launch upcoming. The platform offers tailored tools like a Raid Planner and Task Tracker, along with support for user-genera...
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LM Arena Secures $100M for AI Leaderboards
LM Arena raised $100 million in seed funding at a $600 million valuation, led by Andreessen Horowitz and UC Investments, with participation from top venture firms. The platform, launched by UC Berkeley researchers in 2023, provides transparent AI model comparisons and is widely used by major AI l...
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Ethiopian Dev's Auth Tool Better Auth Secures $5M From Peak XV & YC
A self-taught Ethiopian developer, Bereket Engida, created Better Auth, an open-source authentication tool that addresses frustrations with existing solutions, securing $5 million in funding from investors like Peak XV and Y Combinator. Better Auth gained rapid traction with 150,000 weekly downlo...
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GoKwik Secures $13M Funding, Valuation Soars in India
GoKwik raised $13 million in new funding, led by RTP Global, increasing its valuation to $450 million pre-money and bringing total funding to $68 million since 2020. The company provides SaaS tools for D2C businesses, serving over 12,000 merchants globally and integrating with platforms like Shop...
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Tailor Secures $22M Series A for Headless ERP Innovation
Tailor, a headless ERP platform, raised $22 million in Series A funding led by investors like ANRI and Y Combinator, highlighting confidence in its modular, API-first approach. Unlike traditional ERP systems, Tailor's Omakase platform separates front-end and back-end functions, enabling customiza...
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Glean AI Startup Hits $7.2B Valuation in Latest Funding
Glean's valuation surged to $7.2 billion after raising $150 million in a Series F round led by Wellington Management, continuing its rapid growth. The company's AI-powered platform helps businesses streamline internal knowledge retrieval using natural language queries across tools like Salesforce...
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Benchmark invests in Chinese AI startup Manus, valuing it at $500M
Manus AI, a Chinese AI agent tool startup, has raised $75 million in a funding round led by Benchmark, valuing the company at $500 million. The investment will enable Manus to expand its reach into key markets including the U.S., Japan, and the Middle East, following initial success. Following a ...
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Hyper Secures $6.3M to Automate 911 Calls With AI Voice Tech
Hyper, an AI-powered emergency response startup, raised $6.3M in seed funding to automate non-emergency 911 calls, reducing strain on call centers through AI voice technology. CEO Ben Sanders, inspired by his hometown's emergency response delays, co-developed Hyper's AI system to filter routine i...
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xAI Secures $10B in Funding Through Debt and Equity
Elon Musk's xAI secured $10 billion in combined debt and equity financing, with $5 billion each from debt and strategic equity investors, to support its AI projects. The funding will accelerate xAI's development of the Grok platform and the construction of a large-scale AI data center, though fur...
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