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MENLO VENTURES
India faces capital, talent gap in foundational AI race: Menlo Ventures’ Deedy DasIndia faces hurdles in building globally competitive foundational AI companies, with top research talent concentrated in San Francisco and ...- Payments firm Stripe to buy marketplace OpenRouter in AI pushWhile the companies did not disclose the value of the deal, a source familiar with the matter, who requested anonymity to discuss confident...
- Wispr Flow raises $280 million at $2 billion valuation, Peak XV joins new roundSan Francisco-based voice AI startup Wispr Flow has raised $280 million at a $2 billion valuation, nearly tripling its valuation from its p...
- Stripe clinches over $7 billion deal to buy AI firm OpenRouterThe deal, just months after OpenRouter raised money at a reported $1.3 billion valuation, underscores the demand from businesses to find th...
- Vibe-coding startup Lovable raises $400 million at $13.3 billion valuationMenlo Ventures and the EQT-managed Scaleup Europe Fund co-led the round. Tencent, Balderton Capital and other new investors from Europe, ...
- AI catches up with humans to score 100% at top maths contestArtificial intelligence has reached a new milestone, unveiling the capability to score a perfect 100 at the International Mathematical Olym...
- Early Anthropic backer Menlo lands $3 billion in its largest-ever haulMenlo is set to announce that it’s raised $3 billion for a set of funds dedicated to backing AI startups, marking the venture firm’s larges...
- AI music startup Suno raises funding at $5.4 billion valuationAI music startup Suno has secured over 400 million dollars in funding, valuing the company at 5.4 billion dollars. This investment will hel...
- Peak XV, Activate in talks to invest in Silicon Valley AI dictation startup Wispr FlowFounded by Stanford graduates Tanay Kothari and Sahaj Garg, Wispr Flow develops a voice dictation tool that allows users to speak into apps...
- AI dictation startup Wispr in funding talks at $2 billion valueWispr AI Inc. is in discussions for a significant funding round. The deal could inject approximately $260 million into the company. This in...
- IIT-Madras launches centre in California, to be launchpad for Indian deeptech startupsThe IIT Madras Global Research Foundation is making waves with the opening of its inaugural US center in Menlo Park, California. This strat...
- Swiggy hikes platform fee; Wispr Flow CEO on India biz, AI fundingSwiggy has raised its per-order platform fee, days after rival Zomato’s move. This and more in today's ETtech Top 5.
- US enterprise startup Harness closes $240 million round; plans to hire aggressively in IndiaThe funding includes a $200-million primary investment led by Goldman Sachs, and a purchase of shares worth $40 million from US-based ventu...
- In pursuit of godlike technology, Mark Zuckerberg amps up the AI raceIn April, Meta’s AI ambitions faltered as its new model underperformed rivals, prompting CEO Mark Zuckerberg to overhaul strategy. He demot...
- Anthropic seeks to raise $750 million in funding round led by Menlo VenturesAnthropic, cofounded by siblings and former executives at Microsoft-backed rival OpenAI Dario and Daniela Amodei, has shown efforts to secu...
- AI startup Typeface valued at $1 billion after Salesforce-led fundraiseTypeface, a generative AI platform for enterprise content creation, said on Thursday that it was valued at $1 billion after an oversubscrib...
- Menlo Micro announces $150 million in Series C fundingThis brings Menlo Micro’s total cumulative funding to over $225 million.
- AI startup Prodigal gets $12 million funding from Menlo Ventures, othersFounded in early 2018 by Shantanu Gangal and Sangram Raje, Prodigal uses conversational AI to provide lenders and collections agencies insi...
- Viral Shah cofounded Julia Computing raises $24 million funding led by Dorilton VenturesJulia Computing will use the funding to further develop and advance its JuliaHub cloud platform
- Silicon Valley’s rising VC firm Menlo backs Unitary HelionMenlo is known for its early bets on companies like ride-hailing giant Uber and eyewear brand Warby Parker, besides online pharmacy Pillpac...
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