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Flapping Airplanes raises $1B Series A at reported $6B valuation

2 reports2 report sources37 minutes agoUpdate

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Flapping Airplanes, an AI research lab founded about a year ago by Aidan Smith and brothers Asher and Ben Spector, said it raised a $1 billion Series A round co-led by Index and Lux. The round was reportedly made at a $6 billion valuation, a figure that comes from the announcement coverage and has not been independently confirmed. Sequoia and GV, which joined Index in the company's $180 million seed round in January, returned for the Series A. The lab has not yet released a commercial product.

AI-generated from reports · 9 minutes agoUpdate

Latest updatesOct 22 06:18
Flapping Airplanes raises $1B at reported $6B valuation a year after founding

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Oct 22
  1. SiliconANGLETop Deals
    Flapping Airplanes raises $1B at reported $6B valuation a year after founding

    AI research lab Flapping Airplanes raised $1 billion in a Series A co-led by Index Ventures and Lux Capital.

  2. TechCrunch StartupsTop Deals
    Flapping Airplanes raises $1B Series A at a $6B valuation

    Flapping Airplanes, a year-old AI lab founded by Aidan Smith and brothers Asher and Ben Spector.

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