Tag: Sequoia

Snowflake, the revolutionary cloud data management company, recently acquired Neeva, a startup founded by former Google employees that provides secure search options. Neeva will now help improve Snowflake’s search technologies to benefit enterprise customers. Combined, the two powerhouses present a powerful suite of data search tools to help users find the information they need quicker and easier.

. Mobvoi, a Chinese tech firm, is reportedly aiming to raise $300 million through a Hong Kong initial public offering (IPO). Two banks are chosen to be part of the first-time share sale namely the China International Capital Corporation and the China Merchants Bank International. This move follows the launch of their in-house Artificial Intelligence (AI) platform. Mobvoi creates a variety of AI services, for areas such as finance, telecoms and elderly care, and has gotten funding from Google, Volkswagen, Sequoia and Zhenfund. The IPO launch could come as early as this year.

. Find out how venture capitalists are enticed by the latest Y Combinator-backed startups in the AI and developer tools space, which secured different rounds of investments with post-money values up to $30 million. Investor Elad Gil and Google's Gradient Ventures are leading the charge to fuel sector-leading early stage companies.

AI startup LangChain just closed a $20-25 million funding round, lead by venture capital firm Sequoia, valuing the startup at least $200 million. The breakthrough is just weeks after LangChain received a $10 million seed investment, with popular VC firm Benchmark backing them. This innovative startup specialises in generative AI, with their language models helping developers create powerful applications. With industry-leading figures like Sonya Huang championing their cause, LangChain has already seen success with online forums like GitHub, Twitter and Discord. Will LangChain's rise continue in the future?

Harvey is a generative AI startup transforming the legal industry: its founders Gabriel Pereyra (Meta, DeepMind and Google Brain) & Winston Weinberg (lawyer) have merged their expertise to provide AI assistance to lawyers. VC Pat Grady (Sequoia Capital) leads their $150M Series A round.--Harvey AI helping everyday lawyers to edit documents, research & answer queries in natural language.