In short: AI coding startup Cursor (Anysphere) is in talks to raise at least $2 billion at a $50 billion valuation, co-led by Andreessen Horowitz, Thrive Capital, and Nvidia, nearly doubling its November 2025 valuation of $29.3 billion. The company has grown from zero to $2 billion ARR in three years – the fastest B2B […]
The Silicon Valley institution has closed roughly $7 billion for its expansion strategy fund, nearly doubling its comparable 2022 vehicle. Alfred Lin and Pat Grady, who took over as co-stewards in November 2025, are making the raise their opening statement on the AI era. Sequoia Capital has raised approximately $7 billion for a new fund, […]
In short: Solidroad, a Dublin and San Francisco startup founded by Intercom alumni, has raised $25 million in a Series A led by Hedosophia to automate customer support quality assurance using AI. The platform reviews 100% of customer interactions versus the industry standard of 1-3%, and counts Ryanair, Crypto.com, and Oura among its customers. Solidroad, […]
Slash, the vertical banking platform built by two college dropouts, has raised a $100M Series C backed by Khosla Ventures and Ribbit Capital. The company’s valuation has nearly quadrupled since its May 2025 Series B, the latest leg of a comeback story that began when its core market evaporated overnight. Slash, the San Francisco-based vertical […]
The Copenhagen fintech has built a platform of specialised AI agents that handle KYC and KYB work, document reviews, ownership mapping, risk rationale, in minutes rather than hours. NEA led the Series A; Northzone, Seedcamp, and PSV Tech participated. Spektr, a Copenhagen-based startup building AI infrastructure for financial compliance, has raised $20 million in a […]
In short: Accel has raised $5 billion in new capital, comprising a $4 billion Leaders Fund V and a $650 million sidecar, targeting 20-25 late-stage AI investments at an average cheque size of $200 million. The raise follows standout returns from its Anthropic stake (invested at $183B, now valued near $800B) and Cursor (backed at […]
In short: Anthropic has received investor offers valuing the company at approximately $800 billion, more than doubling its $380 billion valuation from a $30 billion funding round closed just two months ago. The surge follows an unprecedented revenue trajectory that has taken Anthropic from $1 billion in annualised revenue at the end of 2024 to […]
In short: Jane Street has signed a $6 billion AI cloud agreement with CoreWeave and taken a $1 billion equity stake at $109 per share, making the quantitative trading firm one of CoreWeave’s five largest shareholders. The deal provides Jane Street with access to NVIDIA’s next-generation Vera Rubin compute and adds to CoreWeave’s growing contract […]
The extension to Wayve’s $1.2B Series D gives the London startup coverage across virtually every compute architecture in automotive use today, from chips already in millions of vehicles to the platforms powering the next generation. Robotaxi pilots with Uber are planned for London and Tokyo. Wayve, the London-based autonomous driving software company, has raised a […]
