Artificial intelligence startup Hebbia completes $130 million financing, led by a16z

Bitget App

Trade smarter

Cointime2024/07/09 00:37

By:Cointime

Artificial intelligence startup Hebbia has completed a $130 million financing round, led by a16z with participation from Index Ventures, Google Ventures, and billionaire Peter Thiel. According to an insider, the New York-based company is currently valued at approximately $700 million. Hebbia plans to use the new funds for research and to hire more software engineers. Founded in 2020, Hebbia uses AI technology to help businesses screen various documents to answer complex questions. Its clients include the US Air Force, asset management companies, and legal service companies.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

With $330B in corporate crypto demand forecasted, Qubetics, Ethereum, and Injective are standing out. Learn why analysts see Qubetics' $16.7M presale as a top crypto presale and how its cross-border utility redefines real-world blockchain adoption.Cross-Border Simplicity: How Qubetics Is Quietly Disrupting Global TransactionsEthereum Approaches Spectra Upgrade Amid Signs of Imminent VolatilityInjective Gathers Steam with Technical Surge and Bullish OutlookConclusion—And These Are the Top Cryptos to Buy Thi

Coinomedia•2025/05/07 11:33