Sources: Index Ventures dropped plans to invest in AI assistant Town after Instinct, which Index is backing, complained about a potential conflict of interest
Exclusive details on Town's new $90M fundraise at a $1B valuation, and the eleventh-hour cap table reshuffling behind it, per Upstarts sources.LinkedIn:Alex KonradLinkedIn:Alex Konrad:SCOOP: buzzy AI ...
Sources: Town, which develops enterprise personal AI assistants, is in talks to raise at a $1B valuation in a round led by Index Ventures
Town, the buzzy enterprise personal agent, is raising at $1 billion, sources tell us — Two startup personal assistants have venture capitalists in a tizzy right now:
AI assistant Instinct is raising a $250M Series B co-led by Index and Benchmark at a $2.5B valuation, taking its total funding to $350M since its 2025 founding
Buzzy startup Instinct, which is fundraising at a $2.5 billion valuation, promises to handle emails and more, but some early users raise privacy concerns
AI assistant Instinct is raising a $250M Series B co-led by Index Ventures and Benchmark at a $2.5B valuation, bringing its total raised to $350M
Buzzy startup Instinct, which is fundraising at a $2.5 billion valuation, promises to handle emails and more, but some early users raise privacy concerns
Enigma, which runs large-scale experiments exploring how humans interact with robots, emerges from stealth with a $70M seed led by Index Ventures and Ribbit
Multiple robotics companies are tackling one of AI's hardest problems: building foundation models capable of executing tasks they were never explicitly trained to handle.
Conduct, which uses AI to let companies maintain, change, and modernize their legacy IT systems, raised a $60M Series A, bringing its total funding to $72M
Enterprise IT startup Conduct raised a $60 million Series A co-led by Index Ventures and ICONIQ, CEO Jan Philipp Haas tells Axios Pro exclusively.