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Poolside is raising $400M+ at a $2B valuation to build a supercharged coding co-pilot

TechCrunch LogoTechCrunch1w ago

Poolside is raising $400M+ at a $2B valuation to build a supercharged coding co-pilot - TechCrunch

Quick Summary:

Mistral and H, two foundational model companies, are among those that have also raised 9-figure seed rounds (respectively $113 million and $220 million) out of the city.

In a three-step plan outlined on its website, it notes that eventually it hopes to work, after developers, with anyone who wants to write code and software; and then, after that, “Generalize these capabilities beyond software to all other fields.” NBD! – Early signs of what they have built.

Hero, a new fintech startup based in Paris, is announcing an €11.3 million all-equity funding round led by Valar Ventures ($12.2 million at today’s exchange rate).


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Article Details

Author / Journalist: Ingrid Lunden

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-20 @ 18:30:58 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1532 words

Reading Time: 9 minutes read

Sentences: 61 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21323299

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