Listen Labs, a three-year-old AI market research startup, signed a term sheet for a $125 million Series C at a $1.5 billion valuation, but the round never closed. According to multiple sources familiar with the matter, the company walked away from the deal — a rare move in venture capital — to pursue acquisition talks […]
Cognition, the startup behind the AI coding assistant Devin, has raised $2 billion at a $48 billion valuation, the company announced Tuesday. The round, led by Andreessen Horowitz, Accel, Founders Fund, General Catalyst, and Avenir, comes just four months after Cognition’s previous fundraise at a $26 billion valuation — a sign that venture investors still […]
Vijay Pande spent more than a decade building Andreessen Horowitz’s bio fund into a roughly $4 billion practice — then walked away in June 2025 to start something deliberately small. His new firm, VZVC, co-founded with longtime investor Zach Werner, makes only about five investments a year, has no associates, and leans on AI agents […]
Accel has closed a new $550 million India fund, its second India-focused vehicle in under two years, as part of a coordinated $3.5 billion global fundraising effort. The fund was oversubscribed and closed within weeks, according to people familiar with the matter, despite the firm still having more than 55% of its previous $650 million […]
Former Sequoia Capital managing partner Roelof Botha has joined SpaceX’s board of directors, the company disclosed in a Securities and Exchange Commission filing on Wednesday. The appointment fills an existing vacancy and comes less than a week after SpaceX completed the largest initial public offering in history. Former Sequoia Capital managing partner Roelof Botha has […]
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