Topic: investors
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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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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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