Perplexity plans to share ad revenue with outlets cited by its AI

Trending Companies

Splight, a firm that develops innovative energy systems that utilize artificial intelligence and energy advancements to build a collaborative ecosystem, raises $12MM Seed from Ascent Energy Ventures.

Sustainability • San Mateo, CA • Post-Money Valuation

Autobahn Therapeutics, a company that focuses on restoring hope for people affected by CNS disorders by developing regenerative medicines and a brain-targeting chemistry platform, raises $100MM Series C from Newpath Partners.

Biopharmaceuticals • San Diego, CA • Post-Money Valuation

Vanta, a firm that provides a platform for companies to automate their security monitoring and prepare for SOC 2, ISO 27001, or HIPAA compliance certifications, raises $150MM Series C from Sequoia Capital.

Automation • San Francisco, CA • Post-Money Valuation

Language IO, a company that develops customer chat support software that enables organizations to provide customer support on over 100 languages, raises $5MM Equity Funding from Gutbrain Ventures.

Enterprise Software • Cheyenne, WY • Post-Money Valuation

TMRW Life Sciences, a life sciences technology firm that provides management platform for frozen eggs and embryos used for in vitro fertilization, raises $28MM Series D from 5AM Ventures.

Biotechnology • New York, NY • Post-Money Valuation

Kestra Medical, a manufacturer of external and internal cardiac medical devices that are wearable, raises $196MM Equity Funding from Ally Bridge Group.

Health Care • Kirkland, WA • Post-Money Valuation

Harvey AI, a platform developer of an AI application that helps law practitioners, raises $100MM Series C from GV.

Legal Tech • San Francisco, CA • Post-Money Valuation

Didero, a firm that develops an AI-based supply chain platform, raises $7MM Seed from First Round Capital.

Procurement • New York, NY • Post-Money Valuation

Linx Security, a firm that offers identity security platform intended for modern enterprises, raises $33MM Equity Funding from Index Ventures.

Network Security • Dover, DE • Post-Money Valuation

Cell BioEngines, a clinical-stage biotech firm that develops an allogeneic 'off-the-shelf' stem cell-derived therapies as 'drugs' for human disease treatment, raises $2MM Equity Funding from SOSV.

Biotechnology • New York, NY • Post-Money Valuation