Cursor, the AI coding assistant, announced it has acquired Graphite, a startup that uses artificial intelligence to review and debug code. While the deal terms were not disclosed, reports indicate Cursor paid well above Graphite's last $290 million valuation. The acquisition adds Graphite's "stacked pull request" technology to Cursor's Bugbot product, aiming to streamline the transition from AI‑generated code to production. The move reflects a broader trend of AI tools targeting the code‑review market, with competitors like CodeRabbit and Greptile also raising sizable funding. Shared investors such as Accel and Andreessen Horowitz link the two companies, and the deal follows Cursor’s recent spree of acquisitions, including Growth by Design and talent from Koala. Read more →

Google and venture firm Accel announced a joint effort to invest in India’s earliest‑stage artificial‑intelligence startups through the Google AI Futures Fund and Accel’s Atoms program. The partnership will allocate up to $1 million per startup, provide compute credits, early access to Gemini and DeepMind models, and mentorship from both firms. Targeted founders include those building AI products for the Indian market and for global audiences. The collaboration aims to tap India’s large, mobile‑first population, engineering talent, and growing cloud infrastructure to accelerate AI innovation. Read more →

Swedish AI coding startup Lovable announced that its annual recurring revenue has reached $200 million, a figure it achieved within four months of surpassing $100 million. CEO Anton Osika credited the decision to remain in Europe, rather than relocate to Silicon Valley, as a key factor in the company’s rapid growth. The firm leveraged strong European talent, recruited engineers from Silicon Valley firms, and benefited from an active open‑source community. Lovable’s latest $200 million Series A round, led by Accel, valued the company at $1.8 billion, underscoring investor confidence in its European‑centric strategy. Read more →

A new Accel report finds the United States still leads in large AI models, but Europe is rapidly catching up in the application layer. Emerging firms such as Lovable and Synthesia are highlighted as category leaders, while European and Israeli startups have raised 66 cents for every dollar raised by U.S. peers. The report notes unprecedented growth speed, with AI‑native applications reaching $100 million in annual recurring revenue in just a few years and delivering the highest revenue‑per‑headcount in software history. Venture capitalists see defensibility in product‑centric offerings and believe proprietary data remains undervalued. Read more →

Gamma, the AI‑powered platform that creates presentations, websites and social media posts, announced a $68 million Series B round that lifts its valuation to $2.1 billion. Led by Andreessen Horowitz, the round also includes participation from Accel, Uncork Capital and other existing investors. Co‑founder and CEO Grant Lee said the company has reached $100 million in annual recurring revenue on a profitable basis and now serves roughly 70 million users. The funding will support further product development and global expansion. Read more →

Eight venture capital and private equity firms from the United States and India—including Accel, Blume Ventures, Celesta Capital, and Premji Invest—have formed a coalition called the India Deep Tech Investment Alliance. The group pledged more than $1 billion over the next decade to back Indian‑domiciled deep‑tech startups, aligning with the Indian government’s new research, development and innovation (RDI) scheme. Members will provide capital, mentorship and network access while coordinating on pipeline development and co‑investment opportunities. The alliance aims to strengthen U.S.–India tech ties and accelerate growth in sectors such as AI, semiconductors, space, quantum, robotics, biotech, energy and climate tech. Read more →

AegisAI, a new email security startup founded by former Google Safe Browsing and reCAPTCHA leaders Cy Khormaee and Ryan Luo, has emerged from stealth with a $13 million seed round co‑led by Accel and Foundation Capital. The company builds a network of autonomous AI agents that analyze every component of an email in real time to detect phishing, malware, and business‑email‑compromise threats. Early pilots in the United States and Europe have already added paying customers, and the team plans to expand its technical and go‑to‑market capabilities. Read more →

Eight venture capital and private equity firms from the United States and India—including Accel, Blume Ventures, Celesta Capital, and Premji Invest—have formed a coalition called the India Deep Tech Investment Alliance. The group pledged more than $1 billion over the next decade to back Indian‑domiciled deep‑tech startups, aligning with the Indian government’s new research, development and innovation (RDI) scheme. Members will provide capital, mentorship and network access while coordinating on pipeline development and co‑investment opportunities. The alliance aims to strengthen U.S.–India tech ties and accelerate growth in sectors such as AI, semiconductors, space, quantum, robotics, biotech, energy and climate tech. Read more →

Eight venture capital and private equity firms from the United States and India—including Accel, Blume Ventures, Celesta Capital, and Premji Invest—have formed a coalition called the India Deep Tech Investment Alliance. The group pledged more than $1 billion over the next decade to back Indian‑domiciled deep‑tech startups, aligning with the Indian government’s new research, development and innovation (RDI) scheme. Members will provide capital, mentorship and network access while coordinating on pipeline development and co‑investment opportunities. The alliance aims to strengthen U.S.–India tech ties and accelerate growth in sectors such as AI, semiconductors, space, quantum, robotics, biotech, energy and climate tech. Read more →

AegisAI, a new email security startup founded by former Google Safe Browsing and reCAPTCHA leaders Cy Khormaee and Ryan Luo, has emerged from stealth with a $13 million seed round co‑led by Accel and Foundation Capital. The company builds a network of autonomous AI agents that analyze every component of an email in real time to detect phishing, malware, and business‑email‑compromise threats. Early pilots in the United States and Europe have already added paying customers, and the team plans to expand its technical and go‑to‑market capabilities. Read more →

AegisAI, a new email security startup founded by former Google Safe Browsing and reCAPTCHA leaders Cy Khormaee and Ryan Luo, has emerged from stealth with a $13 million seed round co‑led by Accel and Foundation Capital. The company builds a network of autonomous AI agents that analyze every component of an email in real time to detect phishing, malware, and business‑email‑compromise threats. Early pilots in the United States and Europe have already added paying customers, and the team plans to expand its technical and go‑to‑market capabilities. Read more →

Eight venture capital and private equity firms from the United States and India—including Accel, Blume Ventures, Celesta Capital, and Premji Invest—have formed a coalition called the India Deep Tech Investment Alliance. The group pledged more than $1 billion over the next decade to back Indian‑domiciled deep‑tech startups, aligning with the Indian government’s new research, development and innovation (RDI) scheme. Members will provide capital, mentorship and network access while coordinating on pipeline development and co‑investment opportunities. The alliance aims to strengthen U.S.–India tech ties and accelerate growth in sectors such as AI, semiconductors, space, quantum, robotics, biotech, energy and climate tech. Read more →

AegisAI, a new email security startup founded by former Google Safe Browsing and reCAPTCHA leaders Cy Khormaee and Ryan Luo, has emerged from stealth with a $13 million seed round co‑led by Accel and Foundation Capital. The company builds a network of autonomous AI agents that analyze every component of an email in real time to detect phishing, malware, and business‑email‑compromise threats. Early pilots in the United States and Europe have already added paying customers, and the team plans to expand its technical and go‑to‑market capabilities. Read more →

AegisAI, a new email security startup founded by former Google Safe Browsing and reCAPTCHA leaders Cy Khormaee and Ryan Luo, has emerged from stealth with a $13 million seed round co‑led by Accel and Foundation Capital. The company builds a network of autonomous AI agents that analyze every component of an email in real time to detect phishing, malware, and business‑email‑compromise threats. Early pilots in the United States and Europe have already added paying customers, and the team plans to expand its technical and go‑to‑market capabilities. Read more →

Ocho firmas de capital de riesgo y capital privado de EE. UU. e India, incluyendo Accel, Blume Ventures, Celesta Capital y Premji Invest, han formado una coalición llamada la Alianza de Inversión en Tecnología Profunda de India. El grupo se comprometió a invertir más de $1 mil millones en la próxima década para apoyar a startups de tecnología profunda con sede en India, alineándose con el nuevo esquema de investigación, desarrollo e innovación (RDI) del gobierno indio. Read more →

Oito firmas de capital de risco e private equity dos EUA e da Índia, incluindo Accel, Blume Ventures, Celesta Capital e Premji Invest, formaram uma coalizão chamada Aliança de Investimento em Deep Tech da Índia. O grupo se comprometeu a investir mais de $1 bilhão nos próximos dez anos para apoiar startups de deep tech com sede na Índia, alinhando-se com o novo esquema de pesquisa, desenvolvimento e inovação (RDI) do governo indiano. Read more →

Eight venture capital and private equity firms from the United States and India—including Accel, Blume Ventures, Celesta Capital, and Premji Invest—have formed a coalition called the India Deep Tech Investment Alliance. The group pledged more than $1 billion over the next decade to back Indian‑domiciled deep‑tech startups, aligning with the Indian government’s new research, development and innovation (RDI) scheme. Members will provide capital, mentorship and network access while coordinating on pipeline development and co‑investment opportunities. The alliance aims to strengthen U.S.–India tech ties and accelerate growth in sectors such as AI, semiconductors, space, quantum, robotics, biotech, energy and climate tech. Read more →

Swedish AI startup Lovable has surpassed $100mn in annual recurring revenue, making it the fastest-ever software company to reach the milestone. The company's generative AI platform allows non-technical users to build apps or websites based on simple text prompts. Read more →

Thinking Machines Lab, founded by OpenAI’s former chief technology officer Mira Murati, has closed a $2 billion seed round led by Andreessen Horowitz, valuing the startup at $12 billion. The deal marks one of the largest seed rounds in Silicon Valley history. Read more →