Daily Summary of AI Startup Funding News (November 23, 2025)
Startups Currently Raising Funds
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OpenAI
- Total Funding: $64 billion
- Valuation: $500 billion
- Key Investors: SoftBank, Microsoft, Thrive Capital, Dragoneer, MGX, T. Rowe Price
- Funding Details: Achieved a $500 billion valuation via secondary sale in October 2025.
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Anthropic
- Total Funding: $33.7 billion
- Valuation: $183 billion
- Key Investors: Iconiq Capital, Fidelity, Lightspeed, Google, Amazon, BlackRock
- Funding Details: Massive $13 billion Series F funding round in September 2025.
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xAI
- Total Funding: $16 billion+
- Valuation: $200 billion
- Key Investors: Valor Equity, Qatar Investment Authority, Kingdom Holding, Nvidia
- Funding Details: Raised $10 billion+ at a $200 billion valuation in September 2025.
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Figure AI
- Total Funding: $2 billion+
- Valuation: $39 billion
- Key Investors: Parkway Venture, Nvidia, Intel Capital, Brookfield, Amazon, Microsoft
- Funding Details: Raised $1 billion+ Series C in September 2025.
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Perplexity AI
- Total Funding: $1.5 billion+
- Valuation: $20 billion
- Key Investors: IVP, SoftBank Vision Fund, Nvidia, Databricks, Jeff Bezos
- Funding Details: Raised $200 million at a $20 billion valuation in September 2025.
Recently Closed Funding Rounds
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Cursor
- Funding Amount: $2.3 billion
- Valuation: $29.3 billion
- Funding Date: November 13, 2025
- Description: Built a popular AI coding tool that helps software developers generate and edit code.
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Lambda Inc.
- Funding Amount: $1.5 billion
- Funding Stage: Series E
- Description: AI cloud infrastructure startup focused on GPU cloud for AI training.
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CHAOS Industries
- Funding Amount: $510 million
- Funding Stage: Series D
- Description: Closed just four months after its previous funding round.
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Profluent
- Funding Amount: $106 million
- Funding Date: November 19, 2025
- Description: Aiming to scale up use of AI models for biology in drug development.
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Mercor
- Funding Amount: $350 million
- Funding Stage: Series C
- Description: Achieved a valuation of $10 billion.
Summary of Funding Activity
- Over $3.5 billion flowed into AI-focused startups during the first two weeks of November 2025, showcasing strong investor confidence.
- AI startups have raised a total of $192.7 billion year-to-date, accounting for 52.5% of all global venture capital in 2025.
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