Fable Secures $25M to Make AI and Digital Products More Accessible
While AI has the potential to bridge accessibility gaps, it also risks perpetuating digital exclusion if not developed with inclusivity in mind.
Venture Capital
A collection of 326 posts
CoreWeave Secures $650 Million Credit Facility to Fuel AI Cloud Expansion
The new credit line will help CoreWeave expand its data center portfolio, which already includes 28 locations planned by the end of 2024, with 10 more expected to be added in 2025.
Numeric Raises $28M to Transform Accounting with AI-Driven Automation
This investment, led by Menlo Ventures, comes just five months after the company's $10 million seed round, highlighting rapid growth and investor confidence in Numeric's AI-powered accounting platform.
Relyance AI Secures $32.1M for AI Governance and Data Privacy
The round was led by Thomvest Ventures, with participation from M12 (Microsoft's venture fund), Cheyenne Ventures, and existing investors Menlo Ventures and Unusual Ventures.
Unify Raises $12M Series A to Transform Revenue Team Operations with AI
Founded just 20 months ago, Unify has experienced explosive growth, increasing its annual recurring revenue 39 times year-over-year.
OpenAI Secures Record $6.6 Billion Funding, Valued at $157 Billion
Thrive Capital led the round, with participation from tech giants Microsoft and NVIDIA, as well as SoftBank, Khosla Ventures, Altimeter Capital, Fidelity, Tiger Global and MGX (United Arab Emirates' investment firm).
SoftBank Vision Fund to Invest $500 Million Investment in OpenAI
SoftBank's participation comes alongside lead investor Thrive Capital, which is contributing over $1 billion. Other participants include Tiger Global Management, Coatue Management, and Microsoft, OpenAI's largest backer.
Ephos Raises $8.5M Seed Funding For Glass-Based Quantum Photonic Chip Facility
The funding round was led by Starlight Ventures, and saw participation from several prominent investors, including Collaborative Fund, Exor Ventures, 2100 Ventures, and Unruly Capital.
OpenAI's Next Funding Round is Oversubscibed by Billions
Thrive Capital is leading the round with a commitment of $1.25 billion. Alongside Thrive, major technology firms Microsoft, NVIDIA, and Apple are in advanced discussions to participate, potentially contributing between $2 billion and $3 billion collectively.
Sakana AI Expands Series A to $200 Million, Gains Backing from Top Japanese Firms
The expanded round now includes investments from Japan's three largest banking groups: Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Banking Corporation (SMBC), and Mizuho Financial Group.
Supermaven Secures $12M for AI-Powered Code Editor
Supermaven's technology boasts a 1-million token context window, enabling it to understand large codebases and provide contextual code completion with low latency.
11x.ai Secures $24M Series A Funding Led by Benchmark to Expand AI-Driven Workflow Automation
The Series A funding will enable 11x.ai to enhance its product development pipeline, scale its team, and strengthen its presence in the United States, where it has recently relocated its headquarters to San Francisco.
World Labs Emerges from Stealth with $230 Million to Build "Spatial Intelligence" AI
World Labs’ approach involves developing large world models that can perceive, generate, and interact with the three-dimensional world.
Glean Secures $260M in Series E Funding, Reaches $4.6B Valuation
Now with over $550 million in cash reserves and a rapidly growing customer base, Glean plans to use the funds to meet growing market demands and fuel continued innovation.
Safe Superintelligence Raises $1 Billion, Reaching $5 Billion Valuation in Just Three Months
The funding round attracted heavyweight Silicon Valley investors, including Andreessen Horowitz, Sequoia Capital, DST Global, and SV Angel.
Sakana AI Secures Over $100M in Series A Funding to Advance Nature-Inspired AI
In addition to the funding, Sakana AI announced a collaboration with NVIDIA spanning research, infrastructure, and AI community building in Japan.
You.com Secures $50M to Reshape Enterprise AI Productivity
With its growing suite of AI agents and multiplayer capabilities, You.com is aiming to be the go-to platform for businesses looking to future-proof their operations and harness the power of AI in a rapidly changing world.
NVIDIA and Apple in Talks to Join OpenAI’s Multibillion-Dollar Funding Round
The funding round, reportedly led by existing shareholder Thrive Capital, is expected to value OpenAI at over $100 billion, up from its current $86 billion valuation.
Magic Secures $320M Funding, Partners with Google Cloud for AI Supercomputers
The company also announced a significant partnership with Google Cloud to construct two AI supercomputers.
Codeium Raises $150 Million in Series C Round, Hits $1.25 Billion Valuation
A key differentiator for Codeium is its Cortex engine, an advanced AI-powered reasoning system that significantly enhances the platform’s ability to manage and solve complex coding tasks.
Anysphere Raises $60M For AI-Powered Coding Tool, Cursor
This latest funding brings Anysphere’s total raise to over $71 million, following an $8 million seed round last September led by OpenAI.
AI Venture Firm Radical Ventures Raises $800 Million for Late-Stage Investments
The new fund will boost Radical Ventures' assets under management to approximately $1.8 billion, allowing the firm to lead larger investment rounds in more established AI companies.
CodeRabbit Secures $16M in Series A Funding, Expands AI-Powered Code Review Capabilities
CodeRabbit's AI-driven tool integrates with GitHub and GitLab, providing automated code reviews within minutes. The company claims its approach is more accurate and efficient than traditional static analysis tools or manual peer reviews.
Cosine Unveils "World's Best AI Software Engineer," Secures $2.5M Funding
Genie’s performance on SWE-Bench not only surpasses all existing AI models but also represents a 57% improvement over the previous top score, positioning it as a revolutionary tool in AI-assisted software development.