Synthesia raises $200M at $4B valuation
Synthesia raised $200 million at a nearly $4 billion valuation, reaching $100 million in ARR while launching a structured employee secondary sale program.
Monday, August 3, 2026
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Synthesia raised $200 million at a nearly $4 billion valuation, reaching $100 million in ARR while launching a structured employee secondary sale program.
Legal AI startup Harvey has acquired Hexus, a startup specializing in product demos and guides, to accelerate its engineering capabilities for in-house legal departments.
TikTok has established a U.S. joint venture to comply with executive orders, with ByteDance retaining less than 20% ownership and Oracle serving as the security partner.
Kais Khimji, a former Sequoia Capital partner, launched Blockit, whose AI agents negotiate meeting times directly with other calendars, in a $5 million seed round led by Sequoia.
Capital One will acquire fintech startup Brex for $5.15 billion in cash and stock, a significant discount from the company's previous $12.3 billion private-market valuation.
LiveKit, which powers ChatGPT’s voice mode, has raised $100 million at a $1 billion valuation to scale its real-time voice and video infrastructure.
Inferact, the startup commercializing the open-source vLLM project, has raised $150 million in seed funding at an $800 million valuation to accelerate AI inference.
Former Dogpound CEO Jenny Liu has launched Crush It Ventures, a $5 million early-stage fund aiming to back wellness startups and bridge funding gaps for underrepresented founders.
Google DeepMind is hiring the CEO and engineers from Hume AI via a licensing deal, marking the latest talent acquisition in the competitive voice AI market.
Quadric raised a $30 million Series C round to scale its on-device AI chip-IP business, targeting up to $35 million in revenue this year.
RadixArk, the commercial entity behind the SGLang inference tool, has secured funding at a valuation of about $400 million as the market for AI infrastructure accelerates.
Zipline raised $600 million at a $7.6 billion valuation to expand its autonomous drone delivery operations to at least four U.S. states in 2026.
OpenEvidence raised $250 million at a $12 billion valuation, doubling its previous valuation while scaling its AI-powered medical information platform to 18 million clinical consultations in December.
Aliisa Rosenthal, who previously led the expansion of OpenAI’s enterprise sales team, is joining Acrew Capital as a general partner to focus on early-stage artificial intelligence applications.
PraxisPro raised a $6 million seed round led by AlleyCorp to develop AI-driven sales coaching tools for the life sciences industry.
Zanskar raised $115 million in Series C funding to use AI for identifying conventional geothermal sites, aiming to prove the potential is significantly higher than current estimates.
Preply has reached a $1.2 billion valuation following a $150 million Series D round, marking a new milestone for the 14-year-old language learning marketplace.
Bolna raised a $6.3 million seed round led by General Catalyst to scale its India-focused voice orchestration platform, which is on the verge of crossing $700,000 in ARR.
Ethernovia raised $90 million in Series B funding, highlighting a broader investor shift toward the infrastructure suppliers enabling physical AI technologies like robotics and autonomous vehicles.
Another, a startup helping retailers manage excess inventory, raised a $2.5 million seed round led by Anthemis FIL and Westbound to scale its software platform.