Search results for Series D
AI & Enterprise
ElevenLabs valued at $22 billion, doubling in 8 months
Voice AI company ElevenLabs said it has been valued at $22 billion after completing a $300 million tender offer for employee holdings. The valuation is about double the level from its Series D funding round in February. The deal was led by Wellington and T. Rowe Price, with new investors including Goldman Sachs and GIC as well as existing investors participating. The company said enterprise revenue accounts for 55 percent of total sales.
AI & Enterprise
Mistral unveils 1-trillion-parameter open-weight model Mistral Large 4
French AI startup Mistral has unveiled a new open-weight AI model, Mistral Large 4, with 1 trillion parameters. Mistral said the model is among the world’s top open-weight models, with strengths in cyber, manufacturing, finance and multimodal tasks, while acknowledging it still lags frontier models in some areas such as coding. The company plans a preview rollout before a broader release in late October.
Mobility
Mercedes to fit Waabi AI driving system within two years
Mercedes has signed a production agreement with British autonomous driving startup Waabi and plans to install Waabi\'s artificial intelligence driving system in its vehicles within two years. It is the first time Waabi\'s end-to-end driving AI will be applied to mass-produced premium passenger cars. The system will be integrated with Mercedes hardware, MB.OS and map interfaces, and offered as an advanced driver assistance feature for city streets and highways. Details were not disclosed.
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Industry
Musk\'s Boring Company raises $3 billion in UAE-led round, valued at $23 billion
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AI & Enterprise
Mistral AI raises 3 billion euros as ASML deepens alliances
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AI & Enterprise
Mistral raises 3 billion euros led by Samsung Electronics
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Crypto
Alpaca raises $135 million to expand tokenisation and AI financial infrastructure
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AI & Enterprise
AI travel agency Fora raises $60 million, reaches unicorn status
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Industry
Samsung Electronics becomes top shareholder in U.S. Element Biosciences to bolster precision medicine technology
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Crypto
Robinhood invests $35 million in Stripe and AI audio startup ElevenLabs
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AI & Enterprise
Coding AI all-out battle as inference-focused AI chip shake-up accelerates
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AI & Enterprise
Replit raises $400 million, tripling valuation in six months
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Crypto
MoonPay builds stablecoin payroll system to support 40,000 firms in UK, EU
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AI & Enterprise
Digital twin startup Neara raises $63 million in Series D
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AI & Enterprise
Decagon AI raises $250 million at $4.5 billion valuation
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AI & Enterprise
Hotel software developer Mews raises $300 million, valued at $2.5 billion
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Finance
Capital One to acquire B2B fintech Brex for $5.15 billion
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AI & Enterprise
FuriosaAI seeks up to $500 million in investment, Bloomberg reports