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Cursor Secures $2.3 Billion in Funding, Valuing the AI Coding Tool at $29.3 Billion

Daily Summary of AI Startup Funding News (November 24, 2025)

Startups Currently Raising Funds

Redrob

  • Funding Stage: Series A
  • Amount: $10 million
  • Lead Investor: Korea Investment Partners
  • Details: Focused on AI research.
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Digs

  • Funding Stage: Not specified
  • Amount: $19 million
  • Details: Helps builders manage pre-construction and warranties for homes.
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Recently Closed Funding Rounds

Cursor

  • Amount: $2.3 billion
  • Valuation: $29.3 billion
  • Details: Developed an AI coding tool for software developers.
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Chaos Industries

  • Amount: $510 million
  • Details: Focused on defense technology, particularly counter-drone systems.
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Wispr

  • Amount: $25 million
  • Details: Voice-AI startup known for its dictation tool.
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Beside

  • Amount: $32 million
  • Details: AI voice startup building an AI receptionist for small businesses.
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Notable Investors

  • Korea Investment Partners: Led the Series A round for Redrob.
  • Accel, Thrive Capital, Andreessen Horowitz, and Nvidia: Participated in Cursor's funding round.
  • DST Global: Involved in funding for Flexion Robotics.

This summary captures the latest funding activities in the AI startup ecosystem, highlighting significant investments and ongoing funding efforts. For continuous updates, you can refer to the provided links.

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