As France reels from days of violence, founders brace for more uncertainty
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AI assistant startup Town nabbed a unicorn valuation on Monday, announcing a $108 million Series B round co-led by Forerunner Ventures and Menlo Ventures.
Town, a San Francisco startup that gives each person at work an AI work assistant, has raised $108m in a Series B that values it at $1bn. Forerunner Ventures and Menlo Ventures co-led the round, the company announced on Monday.
Claims that Uber misled TfL over its licence were thrown out because they were brought too late.
Tenstorrent, the AI chip company run by Jim Keller, has closed a $1.5bn Series E round at a $6.2bn post-money valuation, it announced on Monday. Trace Capital and Innovation X led the round. New and existing investors also took part.
Some investors are pushing back on the roughly $30bn valuation that British AI cloud company Nscale is seeking in its planned New York listing, Bloomberg reported on Sunday. A valuation of $16bn to $19bn would be more likely to attract buyers, a group of investors told Bloomberg.
A continued boom in late-stage and growth funding combined with a surge in seed-stage funding helped buoy venture investment in Latin America for the third quarter of 2026, Crunchbase data shows.
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