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Wispr raises $280M Series B led by Menlo Ventures at $2B valuation to expand AI meeting transcription
Wispr, a San Francisco AI dictation startup, raised $280 million in a Series B led by Menlo Ventures at a $2 billion valuation to expand its meeting transcription and note‑taker product. The company will use the funds to grow its go‑to‑market teams in regions including India and the U.K. and develop new AI meeting transcription features.
AlpacaDB Inc. raises $135M strategic investment led by Peak XV and Elefund, total funding reaches $435M
AlpacaDB Inc. secured a strategic investment of over $135 million—led by Peak XV and Elefund—to expand its AI agent–based securities infrastructure, bringing total funding including recent debt to $435 million. The company will use the proceeds to accelerate development and deploy an API-first prime brokerage, with debt provided mainly by Payward (Kraken) and BMO and participation from Opera Tech Ventures and Unbound.
David Tisch’s BoxGroup Raises $550 Million Across Two Funds — BoxGroup Seven and BoxGroup Leaven — After 16 Years
David Tisch’s BoxGroup, a 16-year-old early-stage VC, closed $550 million across two new funds—BoxGroup Seven (early-stage) and BoxGroup Leaven (follow-on opportunity)—continuing its strategy of taking small positions in many startups including Ramp, Stripe, Plaid, Cursor, Airtable, and Oscar.
Qbeast Raises $7.6M Seed Round Led by Peak XV's Surge to Optimize Analytics on Open Data Platforms
Qbeast, a Bellevue-based data optimization startup led by former AWS and Azure veteran Srikanth Satya, raised $7.6 million in a seed round led by Peak XV's Surge. The company offers an indexing layer for open data platforms, promising faster queries and reduced compute costs.