accel

AI & Tech

Modal Labs Valuation Hits $15.75B in $750M Funding Push

Modal Labs is finalizing a $750 million funding round that values the AI inference provider at $15.75 billion, marking a…

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AI & Tech

Lightspeed targets $250M for India’s early-stage AI fund

Lightspeed Venture Partners is launching a $250 million early-stage fund focused exclusively on artificial intelligence in India and Southeast Asia,…

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AI & Tech

Amazon Appoints Mandiant Founder Kevin Mandia to Board

Kevin Mandia, founder of cybersecurity firm Mandiant, has officially joined Amazon’s board of directors to serve on the Audit and…

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AI & Tech

Cognition’s Valuation Doubles as Revenue and Multiples Hold

Cognition secured over $2 billion in Series E funding led by Andreessen Horowitz and Accel, doubling its valuation to $48…

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AI & Tech

Thinking Machines in Talks to Raise $6bn: The Information

Mira Murati’s Thinking Machines Lab is negotiating a $5 billion to $6 billion funding round that values the company at…

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AI & Tech

Andy Dunn’s Pie shifts from events app to social network

Andy Dunn’s startup Pie is pivoting from an event discovery tool to a social network by introducing "Community Homes," permanent…

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AI & Tech

Keenable Indexes the Web for AI Agents

Keenable, a startup founded by former Yandex and Amazon executives, has emerged from stealth with $26 million in seed funding…

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Artificial Intelligence

Accel’s $3.5B fund brings US-scale capital to Europe

Accel has raised $3.5 billion across four new funds, including a $1.35bn global expansion fund, with Europe and Israel now…

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Business

Accel Invests in Uber Rival Rapido as Prosus Increases Stake

Venture capital firm Accel has made a strategic investment in Indian ride-hailing service Rapido, with Prosus increasing its stake, facilitated…

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