Anysphere Raises $900 Million At $9 Billion Valuation Led By Thrive Capital And Others

Anysphere, the AI startup behind the coding tool Cursor, has reportedly raised $900 million at a $9 billion valuation in a new funding round led by Thrive Capital, with participation from Andreessen Horowitz (a16z) and Accel. Co-founded by former MIT student Michael Truell, Anysphere has now raised over $1 billion in total, building on its rapid ascent in the competitive AI coding space. Existing backers like Index Ventures and Benchmark are said to be vying to deepen their stakes, reflecting surging investor interest amid growing momentum in developer-focused AI tools. INVESTORS: Thrive Capital, Andreessen Horowitz (a16z), Accel, Index Ventures, Benchmark & OpenAI AMOUNT: $900,000,000 VALUATION: $9,000,000,000 HQ: #SanFrancisco #California #VentureCapital #Anysphere #ThriveCapital #AndreessenHorowitz #a16z #Accel #IndexVentures #Benchmark #OpenAI #MichaelTruell #TradedVC

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Ode AI Secures $1.5 Billion Investment From Anthropic Blackstone And Other Major InvestorsOde AI, the enterprise AI services venture backed by Anthropic, Blackstone, and Hellman & Friedman, has officially launched following the announcement of its $1.5 billion joint venture in May. The company is designed to operate independently while leveraging Anthropic’s Claude AI and engineering support to help businesses integrate AI into their operations. Backed by a consortium of major investors including Goldman Sachs, Apollo Global Management, General Atlantic, GIC, Leonard Green & Partners, and Sequoia Capital, Ode plans to initially serve portfolio companies of its private equity sponsors before expanding to mid-sized enterprises across sectors such as healthcare, manufacturing, financial services, retail, and real estate. The firm has already begun scaling its capabilities through the acquisition of applied AI services company Fractional AI. INVESTORS: Anthropic, Blackstone, Hellman & Friedman, Goldman Sachs, Apollo Global Management, General Atlantic, GIC, Leonard Green & Partners, Sequoia Capital AMOUNT: $1,500,000,000 #VentureCapital #OdeAI #TradedVC

TerraFirma Secures $115 Million Funding Led By Kleiner Perkins For Robotic Construction ExpansionTerraFirma, a robotic construction company led by CEO and Co-Founder Noah S., has announced $115 million in new funding, including a $100 million Series A round led by Kleiner Perkins. The company combines robotics, software, and tech-enabled operations to accelerate the construction of critical infrastructure, aiming to make projects faster, safer, and more cost-effective. Over the past year, TerraFirma reports growing more than 10x and expanding projects globally, with plans to further scale its manufacturing, software, operational capabilities, and construction deployments using the new capital. FOUNDERS: Noah Schochet & Noah McGuinness INVESTORS: Kleiner Perkins, Bain Capital Ventures (BCV), Glade Brook Capital Partners LLC, BANNER VC, Saga Ventures, Trust Ventures, Definition, PEAK6, Magnetar, Ravelin AMOUNT: $115,000,000 HQ: Austin, Texas #VentureCapital #TerraFirma #NoahSchochet #NoahMcGuinness #TradedVC

Rime Raises $24 Million In Series A Funding Round Led By M13 VenturesRime, a San Francisco-based voice AI startup founded in 2022 by Lily Clifford, Brooke Larson, and Ares Geovanos, has raised $24 million in a Series A funding round led by M13 Ventures, with participation from Twilio Ventures, Corazon Capital, Unusual Ventures, and existing investors. The company differentiates itself by training its voice AI models on proprietary conversational data collected through its own recording studio, helping enterprises reduce customization needs and improve pronunciation accuracy for brand-specific and industry-specific terms. Rime serves customers across sectors including healthcare, fintech, airlines, and food service, and plans to use the new funding to grow its 35-person team and advance its speech-to-speech AI technology. FOUNDERS: Lily Clifford, Brooke Larson & Ares Geovanos INVESTORS: M13 Ventures, Twilio Ventures, Corazon Capital & Unusual Ventures ROUND: Series A AMOUNT: $24,000,000 HQ: San Francisco, California #VentureCapital #Rime #LilyClifford #BrookeLarson #AresGeovanos #TradedVC