Founder Playbook
What is a priced round? How valuation and dilution work
A priced round fixes a startup's valuation and share price on the spot. Here is how that sets what founders give up, and how it differs from a SAFE.
Results for “Down round”
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Funding RoundsBay Area
Dream Labs raises $90M seed round for AI brain for robots
The San Francisco startup, founded by former leads of NVIDIA's GR00T robotics research, launched a public API alongside a seed round led by B Capital and Kindred Ventures.
Funding Rounds
Blackwall raises $100M Series C at $2.2B valuation to fight bot traffic
The Estonian web security firm, which filters malicious bots and AI agents, says the round lifts its valuation fourfold since its 2025 round. Sources give few details on the terms.
Funding RoundsBay Area
Town raises $108M Series B at $1B valuation for team-based AI assistants
The San Francisco startup says its AI assistants can hand off work and share updates across a team. Forerunner Ventures and Menlo Ventures co-led the round.
Founder Playbook
What is a Series B round? A guide using Town's $108M raise
Series B is a priced, equity-based round that usually follows a Series A. Town's $108 million deal shows what is disclosed in these announcements, and what is not.
Funding Rounds
Aureka Biotechnologies closed a $100M Series B in August; the lead investor is unnamed
The AI drug-discovery startup's round was funded in tranches, with Granite Asia first and an unnamed strategic investor leading a later one. The money primarily supports AI model training.
Funding Rounds
Town raises $108M Series B at $1B valuation for team AI assistants
The San Francisco startup says its AI assistants, built to work together across a team, now carry a $1 billion valuation after a round co-led by Forerunner Ventures and Menlo Ventures.
Funding Rounds
ASI raises $325M Series C at a $3B valuation, led by Spark Capital
The Boston AI company formerly called Air Space Intelligence says its software helps manage critical infrastructure. Bloomberg says the round values it at $3 billion.
Founder Playbook
What is a term sheet? How to read the terms behind a funding round
A term sheet sets valuation, investor protections and governance before the lawyers draft the final deal. Here is what it contains and what recent Carta data says about pricing.
Top 10
Biggest startup funding rounds this week: Ramp's $1.85B tops Firecrawl's list
Ramp's $1.85 billion round tops Firecrawl's weekly tracker, but the trackers use different date windows and report some details differently.