Khosla Ventures
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Mainstay raises $18M growth round led by Khosla Ventures to expand AI real-estate platform and acquire Truelist
Mainstay raised $18M in growth capital on September 21, 2026, backed by Khosla Ventures and others, to expand its AI-powered residential real estate transaction platform and integrate Truelist assets.
Mainstay acquires Truelist in $18M round; ex-Zillow VP Carey Armstrong named chief strategy officer
Seattle startup Truelist, founded by ex-Zillow VP Carey Armstrong in 2024, was acquired by San Francisco real estate tech firm Mainstay as part of an $18 million growth funding round to expand AI listing and transaction tools across the residential market. Armstrong will join Mainstay as chief strategy officer as the company broadens from serving institutional investors to brokerages, agents and smaller property owners.
Norm Ai raises $260 million from Khosla, Blackstone and Bain as investors become clients; valued at $1.2B
AI startup Norm Ai raised $260 million from investors including Khosla, Blackstone and Bain Capital and was valued at $1.2 billion in July, offering automated legal services to push back on rising Big Law fees. Khosla Ventures’ Samir Kaul says AI tools like Norm are already being used by major investors and can dramatically cut costs for routine compliance and transactional work.
Bloomberg: Phoebe Gates and Sophia Kianni’s Phia Secretly Hijacked Affiliate Commissions for Seven Months, Costing Merchants Over $10M
Bloomberg found that Phia, the AI shopping app co-founded by Phoebe Gates and Sophia Kianni, secretly injected affiliate cookies and took credit for sales for about seven months, potentially costing merchants over $10 million and collapsing Phia's revenue when the practice stopped.
Relay.ai Shuts Down; Founder Jacob Bank Rejoins Google as Chrome VP — Paid Accounts End Sept. 14, 2026
Relay, an AI workflow automation startup founded by Jacob Bank, is shutting down: free accounts lost access on August 15 and paid workspaces will be terminated on September 14, 2026. Bank is rejoining Google as VP of Product for Chrome, marking his second return after selling his earlier startup Timeful to Google in 2015.
Phoebe Gates, ex-student of secret Stanford course 'So You Think You Can Rule the World?', faces scrutiny as Phia accused of exploiting illegal loopholes
Phoebe Gates, daughter of Bill Gates, previously attended a secret, invitation-only 10-week Stanford class called “So You Think You Can Rule the World?” that teaches students to identify and exploit power-system vulnerabilities; the article links that background to recent allegations that her startup Phia exploited illegal loopholes.
Norm Law and Norm Ai Open Washington, D.C. Office; Add Partners Katelyn Kimber and Lindsey B. W. Savage
AI-native law firm Norm Law opened a Washington, D.C. office on Aug. 11, 2026, and added partners Katelyn Kimber and Lindsey B. W. Savage to strengthen its private funds, technology transactions, and AI governance practices. The move positions Norm Law and its sibling Norm Ai closer to U.S. regulators while leveraging Norm Ai’s agentic legal technology for institutional clients in regulated markets.
WithCoverage to Move HQ to Hudson Square, Invest $25M and Create 205 Jobs With State Subsidy
WithCoverage will move its headquarters to a larger Hudson Square office, invest $25 million in New York, and create 205 jobs with help from a state subsidy.
Coinbase Gets ADGM FSP to Launch Securities Tokenization Hub; Unitree IPO Allotment and Corma $60M Seed Round Announced
Coinbase received an FSRA Financial Services Permission in ADGM to build an international securities tokenization hub enabling tokenized stocks with wallet-based investor access; Unitree Technology announced 19,414 lottery winners for 500-share IPO allocations each; cybersecurity startup Corma closed a $60 million seed round and deployed its AI model to major companies.
Rippling sues Runlayer for patent infringement on Aug 10 after Runlayer accused the $16.8B HR firm of cloning its AI-agent security product
Rippling filed a patent-infringement countersuit against AI startup Runlayer on August 10 after Runlayer sued July 28 accusing the $16.8 billion HR-tech firm of using a paid trial and NDA access to clone its AI-agent security product, escalating into competing claims of theft and patent violations tied to Model Context Protocol infrastructure.
WindBorne Systems Raises $37M Series B Led by Khosla Ventures and Galvanize to Expand AI Weather Platform
WindBorne Systems, a Palo Alto AI weather-forecasting and atmospheric sensing company, raised $37 million in a Series B led by Khosla Ventures and Galvanize to expand its sensing network and develop the next generation of its WeatherMesh platform.
Ellis AI Raises $10M Seed to Build AI-Native Operations Platform for Private Credit; Founder Ryan Williams
Ellis AI, a Black-owned AI operations platform for private credit managers founded by Ryan Williams, raised $10 million in seed funding from investors including First Round Capital and Mellody Hobson, aiming to consolidate accounting, documents and spreadsheets into an AI-driven workflow and automate tasks like portfolio monitoring and report prep.
Vinod Khosla and family lead $9.6B bid to buy Super Bowl champion Seattle Seahawks
Vinod Khosla and his family are leading a pending $9.6 billion bid to buy the Super Bowl–champion Seattle Seahawks, a record-setting NFL franchise purchase that will test his venture-capital leadership style in sports ownership.
Mariana Minerals Raises $310M Series B Led by Khosla Ventures, Bringing Total to ~$400M
Mariana Minerals, a San Francisco software-first critical minerals company, raised $310M in a Series B led by Khosla Ventures with broad participation, bringing its total funding to about $400M to expand operations and development.
Mariana Minerals Raises $310M Series B Led by Khosla Ventures to Scale AI-Driven Copper and Lithium Operations
Mariana Minerals raised $310 million in a Series B led by Khosla Ventures (with a16z and Breakthrough Energy Ventures among others) to scale its AI-driven vertically integrated copper and lithium mining and refining operations in the U.S., bringing total funding to about $400 million.
Mariana Minerals valued at $1.5 billion as CEO Turner Caldwell, backed by Khosla and a16z, pushes software-driven mining for critical metals
Mariana Minerals, a software-focused mining startup led by CEO Turner Caldwell, aims to remake mining for a metals-driven economy by targeting lithium, copper, aluminum and other critical minerals needed for electrification. The company is now valued at $1.5 billion and says its software backbone will generalize across many metals to reduce input costs and address supply-chain risks dominated by China.
Ellis launches after raising $10M seed led by First Round Capital to build AI-native private credit operations platform
Ellis, an AI-native operations platform for the private credit industry, launched after raising $10M in a seed round led by First Round Capital to build and scale its data-reconciliation and workflow automation tools.
Dili raises $15M Series A led by Khosla Ventures, total funding reaches $21.7M
Dili raised $15 million in a Series A round led by Khosla Ventures to expand its AI-driven compliance platform for construction and infrastructure projects, bringing total funding to $21.7 million.
Dili Raises $15 Million Series A Led by Khosla Ventures; Wilson Sonsini Advises
On July 30, 2026, AI compliance company Dili raised $15 million in a Series A round led by Khosla Ventures, with participation from investors including Allianz and Rebel Fund.
AlleyWatch lists 19 Biggest Global Startup Funding Rounds of July 2026, including a ¥50B Chinese AI raise and $1.4B German robotics deal
An AlleyWatch roundup, using CrunchBase data, lists the largest global startup funding rounds in July 2026, highlighting major multi‑hundred‑million and billion‑dollar investments across AI, robotics, nuclear fusion, quantum computing, and military AI.
AIM Intelligent Machines, led by founder Adam Sadilek, retrofits excavators and bulldozers for full autonomy from its Redmond HQ
AIM Intelligent Machines, founded in 2021 by former Google engineer Adam Sadilek, is developing a physical AI platform to retrofit existing excavators, bulldozers and other heavy equipment for fully autonomous operation from its Redmond, Washington headquarters and nearby proving grounds. The company aims to transform construction, mining and hauling work on Earth—and eventually enable similar autonomous heavy machinery for off‑planet tasks on the Moon or Mars.
Khosla Ventures, first outside backer of OpenAI, seeks up to $5.5bn for new funds
Khosla Ventures, early backer of OpenAI, is in talks to raise up to $5.5 billion across new funds — its largest raise in two decades — with allocations for seed, growth, and an opportunity fund focused on AI startups.
Clarify Acquires Seam AI to Build 'Clarify Signals' Integrating Proprietary Buying Signals; Five Seam Employees Join
Seattle AI startup Clarify has acquired San Francisco-based Seam AI to integrate Seam’s web-based buying-signal monitoring into a new product, Clarify Signals, later this year; financial terms were not disclosed and five Seam employees will join Clarify.
Clarify acquires Seam AI to power Clarify Signals, adds five employees including Seam CEO Nicholas Scavone
Seattle AI startup Clarify, which has raised $22.5 million, acquired San Francisco-based Seam AI to integrate its proprietary web monitoring signals into a new product, Clarify Signals, launching later this year; five Seam employees including CEO Nicholas Scavone will join Clarify. Financial terms were not disclosed, though Clarify said it raised additional undisclosed funding as part of the deal.
Fireworks AI Raises $1.505B Series D at $17.5B Valuation; Wonder Nets $650M Series D at $9B Pre‑Money
A busy funding week saw large AI-focused and consumer-tech rounds, led by Fireworks AI’s $1.505 billion Series D at a $17.5 billion valuation and Wonder’s $650 million Series D at a $9 billion pre-money valuation.
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Vinod Khosla Founder
