Venture Capital

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Robotics startup Generalist reaches $3B valuation, sources say

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Robotics startup Generalist reaches $3B valuation, sources say

Generalist, a robotics startup, is now valued at $3 billion after raising additional capital led by 8VC, according to two people with knowledge of the funding.

1 min read A Admin

Generalist, a robotics startup, has reached a $3 billion valuation after securing additional funding led by 8VC, according to two people familiar with the financing. The latest investment totals nearly $200 million, according to a regulatory filing. The...

Lovable hits $13B valuation with $400M haul

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Lovable hits $13B valuation with $400M haul

Lovable has more than doubled its valuation this year. The Swedish startup said Wednesday it raised $400 million in a Series C funding round that values it at $13.3 billion. After a Series B round in December, the company was worth an estimated $6.6 billion. The recent round was led by Menlo Ventures and co-led by the newly launched Scaleup Europe Fund, managed by private equity firm EQT. The fund is part of Horizon Europe and supports companies developing critical technologies.

3 min read A Adam Hanafi

Lovable has more than doubled its valuation in less than a year, becoming one of Europe's most closely watched artificial intelligence startups. The Swedish company announced Wednesday that it raised $400 million in a Series C funding round, giving the AI...