Accel reportedly in talks to lead $1B round for Thinking Machines at $40B valuation

The high-profile startup’s annual revenue run rate stands at at over $100 million.

Gamma acquires Accel-backed design startup Lica

Lica co-founders are going to work on Gamma’s new research team.

Accel closes oversubscribed $550M India fund within weeks, 19 months after its last

The U.S. VC firm still has more than 55% of its previous $650 million India fund available for deployment.

Backed by $60M in funding, Oak steps out of stealth to fix the identity mess that AI agents are making worse

Cofounded by senior entrepreneur Shai Morag, Israeli identity management startup Oak is emerging out of stealth with $60 million in seed funding. 

Pocket raises $11M in bet on rising demand for AI note-taking devices

Pocket sells a $129 credit card-shaped puck, which sticks to the back of your phone, and promises unlimited recordings, transcriptions, and to-do items.

Accel raises $5B to back late-stage bets

Accel announced on Tuesday that it raised $5 billion in fresh capital to back late-stage companies building AI.

Accel, Prosus pick six ‘off-the-map’ startups for inaugural India cohort

The six startups were selected from over 2,000 applications and will receive $500,000 to $2 million each.

Bengaluru food delivery startup Swish raises $38M: its third round in 18 months

Swish has more than doubled its valuation in a year as its full-stack, hyperlocal model positions ultra-fast food delivery as a high-frequency habit.

Google, Accel India accelerator choses 5 startups and none are ‘AI wrappers’

Google and Accel say about 70% of AI startup pitches tied to India were “wrappers” as they reviewed more than 4,000 applications for their Atoms cohort.

Sapiom raises $15M to help AI agents buy their own tech tools

The startup — with backing from Accel — is building a financial layer that handles the authentication and micro-payments required for AI agents.