Daily AI Startup Funding Update
Date: December 6, 2025
Summary of Notable AI Startup Funding Activities
OpenAI
- Status: Recently closed funding
- Details:
- Tender offer: Valuation increased to $500 billion (up from $300 billion in March)
Anthropic
- Status: Recently closed funding
- Details:
- Series E: $3.5 billion in March at a $61.5 billion valuation
- Series F: $13 billion in September, pushing valuation to $183 billion
Cursor
- Status: Recently closed funding
- Details:
- Latest Round: $2.3 billion (date not specified)
- Current valuation: $29.3 billion (up from $10 billion in June)
Harvey
- Status: Recently closed funding
- Details:
- Total raised: $600 million over first six months of 2025
- Latest reported valuation: $8 billion
- Currently raising funds: Yes
Mercor
- Status: Recently closed funding
- Details:
- Series B: $100 million in February at a $2 billion valuation
- Follow-up round: $350 million in October, valuation increased to $10 billion
OpenEvidence
- Status: Recently closed funding
- Details:
- Series B: $210 million in July at a $2.5 billion valuation
- Follow-up round: $200 million in October, valuation now $6 billion
Norm AI (Legal AI Company)
- Status: Recently closed funding
- Details:
- Funding: $50 million from Blackstone in November
- Series B: $48 million in March
Lovable
- Status: Recently closed funding
- Details:
- Seed Round: $15 million in February
- Series A: $200 million in July at a $1.8 billion valuation
Abridge
- Status: Known valuation
- Details:
- $5.3 billion (last reported valuation, recent rounds not specified)
Hippocratic AI
- Status: Known valuation
- Details:
- $3.5 billion (last reported valuation, recent rounds not specified)
Ongoing and Future Trends
- Over a dozen startups have conducted two or more funding rounds in 2025, highlighting rapid valuation increases.
- Some startups, such as Databricks and Harvey, are entering their third round of funding.
- The AI funding ecosystem features intense investor enthusiasm with rapid capital deployment to maintain competitive advantage.
This summary provides a snapshot of the current funding landscape for AI startups, showcasing significant investments and ongoing trends in the industry.
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