News

venture funding

News about venture funding: events, facts and developments on tafs uz.

7 stories

Legal AI startup Legora raises $550 million at an $8.8 billion valuation

Legora announced a $550 million Series E round at an $8.8 billion valuation. The company's annual recurring revenue grew from $100 million in April to more than $200 million. The round was led by Atreides Management; the funds will go toward expansion in North America. A month earlier, competitor Harvey raised the same amount at a $15.5 billion valuation.

1 min read

Reliable Robotics raised $115 million and became a unicorn, advancing autonomous flight toward FAA certification

Reliable Robotics, a startup founded by SpaceX alumni, raised $115 million as an extension of its Series D round: $90 million in equity from Nimble Partners and $25 million in debt from Silicon Valley Bank. The company's valuation exceeded $1 billion, and the total round reached $275 million. The funds will go toward FAA certification of an autonomous flight system across four areas.

3 min read

AI companion Tolan raised $30 million, doubling its total funding

Tolan, a startup behind an AI companion for managing everyday tasks and emotional support, raised $30 million from Union Square Ventures, Khosla Ventures and Homebrew. According to Upstarts Media, the company's valuation exceeded the previous $120 million; PitchBook values it at more than $268 million. The app has more than 250,000 active users.

2 min read

AI Startup Town Reaches $1 Billion Valuation Four Months After Launch

San Francisco startup Town, which builds AI assistants for businesses, raised $108 million in a Series B round led by Forerunner Ventures and Menlo Ventures, reaching unicorn valuation. The company was founded by former Plaid CTO Jean-Denis Greze and publicly launched just four months ago, reporting millions of dollars in annual recurring revenue.

2 min read