Safe Superintelligence Raises $2 Billion At $32 Billion Valuation Led By Greenoaks

Safe Superintelligence (SSI), the AI startup founded by former OpenAI chief scientist Ilya Sutskever alongside Daniel Gross and Daniel Levy, has reportedly raised $2 billion at a $32 billion valuation, with Greenoaks leading the round. This follows an earlier $1 billion raise, underscoring strong investor confidence despite the stealthy nature of the company. Founded after Sutskever's high-profile departure from OpenAI in May 2024, SSI is focused solely on developing a safe superintelligence—its single stated goal and product. AMOUNT: $2,000,000,000 VALUATION: $32,000,000,000 HQ: #PaloAlto #California #VentureCapital #SafeSuperintelligence #SSI #IlyaSutskever #DanielGross #DanielLevy #TradedVC

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Singularity Secures $80 Million Series A Funding At $400 Million ValuationSingularity, a Los Angeles-based defense technology company, has launched with an $80 million Series A funding round at a $400 million valuation. The financing was led by Khosla Ventures and Felicis, with participation from AE Ventures, NEA, Long Journey, Harpoon, Menlo Ventures, Y Combinator, Decisive Point, New Vista, Sunflower, Soma, and several prominent leaders from industry, the military, and Congress. Led by Co-Founder and CEO Jack Oswald and COO Shail Giroux, Singularity is focused on deploying counter-weapons at the scale, speed, and cost required by modern defense needs. Its manufacturing team, which includes talent from Tesla and Toyota, is developing an automotive-inspired assembly line designed to rapidly scale production beyond that of comparable U.S. systems. FOUNDERS: Jack Oswald & Shail Giroux INVESTORS: Khosla Ventures, Felicis, AE Ventures, NEA, Long Journey, Harpoon, Menlo Ventures, Y Combinator, Decisive Point, New Vista, Sunflower, Soma, General (Ret.) James McConville, General Jim Dickinson, Major General (Ret.) Volodymyr Havrylov. ROUND: Series A AMOUNT: $80,000,000 VALUATION: $400,000,000 HQ: Los Angeles, California #VentureCapital #Singularity #JackOswald #ShailGiroux #TradedVC

IM8 Secures $1 Billion Financing Commitment From General Catalyst For Health Drink ExpansionIM8, the health drink startup co-founded by David Beckham and CEO Danny Yeung, has secured a $1 billion financing commitment from General Catalyst’s Customer Value Fund (CVF). Unlike a traditional venture capital investment, the deal is structured as a revenue-based financing arrangement, meaning General Catalyst will not receive an ownership stake and IM8’s existing shareholders will avoid dilution. The funding is designed to support customer acquisition, with General Catalyst financing up to 70% of those costs in exchange for a capped share of revenue generated from the customers acquired through the program. IM8, a subsidiary of Prenetics, sells a subscription-based vitamin drink focused on longevity and wellness. FOUNDERS: David Beckham & Danny Yeung INVESTOR: General Catalyst AMOUNT: $1,000,000,000 HQ: Hong Kong #VentureCapital #IM8 #DavidBeckham #DannyYeung #TradedVC