Voice‑AI startup ElevenLabs announced a $500 million financing led by Sequoia Capital, pushing its valuation to $11 billion. Existing backers a16z, Iconiq and several others increased their stakes, while new investors such as Lightspeed Venture Partners, EvanticCapital and Bond joined the round. The capital will fund research, product development and international expansion into markets like India, Japan, Singapore, Brazil and Mexico. Co‑founder Mati Staniszewski highlighted plans to broaden the company’s offerings beyond voice, including video content and multi‑modal AI agents. The company closed the prior year with $330 million in annual recurring revenue. Read more →

Anthropic announced it is raising twice the amount originally planned, increasing its target from $10 billion to $20 billion. The expanded round aims to bring the company’s valuation to $350 billion and includes investors such as Sequoia Capital, Singapore’s sovereign wealth fund, and Coatue. The move follows a prior $13 billion raise that set a $183 billion valuation and follows reports that the firm is preparing for an initial public offering later this year. Read more →

Sequoia Capital is set to invest in Anthropic, the AI startup behind the Claude language models, as part of a multi‑billion‑dollar raise led by GIC and Coatue. The deal, valued at over $350 billion, signals a shift in venture‑capital strategy, with Sequoia backing competing AI firms simultaneously. Analysts view the round as a benchmark for private AI valuations and a catalyst for increased global capital flow into the sector, while European stakeholders watch for implications on regional AI ecosystems. Read more →

Fal.ai, a platform that hosts image, video, audio and 3D AI models for developers, announced a new financing round that values the company at more than $4 billion. The round raised about $250 million, with Kleiner Perkins and Sequoia Capital as lead investors. The latest raise follows a $125 million Series C earlier in the year that lifted the valuation to $1.5 billion. Fal.ai’s revenue has climbed to roughly $95 million and its services are used by over two million developers, including major customers such as Adobe, Canva and Shopify. The company’s rapid growth is tied to the surge in multimodal AI applications, especially video‑centric tools like OpenAI’s Sora. Read more →

OpenEvidence, a medical AI platform likened to ChatGPT for doctors, disclosed a $200 million financing round that values the startup at $6 billion. The new capital follows a $210 million raise three months earlier at a $3.5 billion valuation. Trained on leading medical journals, the tool provides rapid answers to clinical questions for verified professionals, who can use it for free supported by advertising. Since its 2022 founding, OpenEvidence has seen clinical consultations per month nearly double to 15 million. The round was led by Google Ventures with participation from multiple top venture firms. Read more →

Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Read more →

Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Read more →

Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Read more →

Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Read more →

Irregular, an AI security company formerly known as Pattern Labs, announced an $80 million funding round led by Sequoia Capital and Redpoint Ventures, with participation from Wiz CEO Assaf Rappaport. The capital values the firm at $450 million and will support its work securing frontier AI models, including building simulated environments to test emerging risks. Co‑founders Dan Lahav and Omer Nevo emphasized the growing need for robust defenses as large language models become more capable, citing the company's SOLVE framework and its role in evaluating models like Claude 3.7 Sonnet and OpenAI's upcoming releases. Read more →

Sales automation startup Clay has raised a $100 million Series C round at a $3.1 billion valuation, led by CapitalG, with existing investors participating and new backer Sapphire Ventures joining. Read more →