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Open source agentic startup LangChain hits $1.25B valuation

LangChain raised $125 million at a $1.25 billion valuation, the company announced on Monday. TechCrunch reported in July that the provider of a popular open source framework for building AI agents was raising fresh funds at a valuation of at least $1 billion. The deal was led by IVP, as we previously reported. New investors … Read more

Sources: Multimodal AI startup Fal.ai already raised at $4B+ valuation

Fal.ai, a startup that hosts image, video, and audio AI models for developers, has closed a new round valuing the company at over $4 billion, four people familiar with the deal said. The company raised approximately $250 million, two of the people said. Major investors in the round are Kleiner Perkins and Sequoia, according to … Read more

OpenEvidence, the ChatGPT for doctors, raises $200M at $6B valuation  

OpenEvidence, a tool that doctors and nurses have likened to ChatGPT for medicine, plans to announce a $200 million raise at a $6 billion valuation, The New York Times reports.  The fresh funds come three months after the startup raised a $210 million round at a $3.5 billion valuation, a testament to the intense investor … Read more

Deel hits $17.3B valuation after raising $300M from big-name VCs

As entertaining as it’s been for the tech industry to watch rival payroll decacorns Deel and Rippling sue each other over a corporate spying scandal, top-tier VCs are apparently not terribly scared off. Deel on Thursday announced that it has raised a $300 million Series E round co-led by A-list fintech VC firm Ribbit Capital … Read more

Zepto raises $450 million at $7 billion valuation as Indian quick commerce market heats up

Indian quick commerce startup Zepto said it has raised $400 million in a funding round led by a new investor, California Public Employees’ Retirement System (CalPERS), a U.S.-based pension fund. The round, which is a mix of primary and secondary investment, also has participation from existing investors, including Avenir, Avra, Lightspeed, Glade Brook, The Stepstone … Read more

Liberate bags $50M at $300M valuation to bring AI deeper into insurance back offices

Liberate, an AI startup automating insurance operations, has raised $50 million in a round led by Battery Ventures as it looks to scale its agentic deployments across carriers and agencies globally. The all-equity round values the three-year-old startup at $300 million post-money, with participation from new investor Canapi Ventures and returning backers Redpoint Ventures, Eclipse, … Read more

Kalshi claims $5b valuation as betting on reality booms

Kalshi now commands a $5 billion price tag after a $300 million fundraise, cementing its status as the breakout leader in the red-hot prediction market space and validating a new paradigm for speculative assets. Summary Kalshi secured $300 million in fresh funding at a $5 billion valuation, doubling its worth since June. The platform now … Read more

New China tariffs announced during government shutdown and AI valuation debate are a ‘perfect storm coming together,’ top economist says

President Donald Trump’s additional 100% tariff on China erased $2 trillion from the stock market on Friday and possibly couldn’t have come at a worse time. A potentially renewed trade war risks a resurgence of uncertainty in the market, Apollo Global Management chief economist Torsten Slok said Saturday on Fox Business, all while fears of … Read more

Kalshi raises $300M at $5B valuation: NYT

Key Takeaways Kalshi raised $300 million at a $5 billion valuation, according to the New York Times. Kalshi operates as a regulated prediction market platform under CFTC oversight in the US. Share this article Kalshi, a US-regulated prediction market platform under CFTC oversight, raised $300 million at a $5 billion valuation, the New York Times … Read more

Navan plows ahead with IPO during shutdown, aims for $6.45B valuation 

Corporate travel management company Navan — once known as TripActions — filed updated IPO documents with the U.S. Securities and Exchange Commission on Friday, even though the federal government is currently shut down.   Navan is proceeding under new SEC rules that allows wanna-be public companies that are in limbo during the shutdown to file updated information, including share count and pricing, and have their statements automatically okayed in 20 days without staff scrutiny. Once … Read more

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