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Perplexity Looks To Raise $250M-Plus At Valuation Of $2.5B Or More — Report

Apr 23, 2024 - news.crunchbase.com
Perplexity AI, an AI startup, has announced a funding round of $62.7 million led by Daniel Gross, with participation from Nvidia, IVP, NEA, Jeff Bezos, and Garry Tan. The company is reportedly in talks to raise an additional $250 million-plus at a valuation between $2.5 billion and $3 billion, which would increase its current valuation by at least 150%. This follows a $73.6 million Series B round in January, led by IVP, which valued the company at $520 million.

In other startup news, Skild, a robotics software startup from Carnegie Mellon University, is reportedly raising nearly $300 million from Lightspeed Venture Partners, Coatue, and others at a $1.5 billion valuation. Other recent deals include a $100 million Series B for Collaborative Robotics, led by General Catalyst, and a $675 million round for Figure, with participation from Jeff Bezos’ Explore Investments and Nvidia.

Key takeaways:

  • Perplexity AI has announced a $62.7 million funding round and is reportedly seeking to raise an additional $250 million-plus at a valuation between $2.5 billion and $3 billion.
  • The recent funding round was led by Daniel Gross and included investors such as Nvidia, IVP, NEA, Jeff Bezos and Garry Tan.
  • Perplexity AI is reportedly engaging investors in talks of a mega-round that would increase its valuation by at least 150%.
  • Other AI startups, such as Skild and Collaborative Robotics, are also reportedly raising significant funding, indicating a strong investor interest in the AI sector.
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