general catalyst - Tech News from Simmons Systems

Tech News from Simmons Systems

general catalyst

A collection of 8 posts

AI Coding Startup Codeium Reaches Unicorn Status With $150M Raise

Codeium secures $150 million in a Series C funding round led by General Catalyst, pushing its valuation to $1.25 billion. The AI coding assistant startup boasts rapid enterprise growth and an innovative proprietary reasoning engine.

Codeium Reaches Unicorn Status With $150 Million Series C Raise

AI coding platform Codeium secures $150 million in Series C funding at a $1.25 billion valuation. The company plans to use the capital to expand its research and development efforts.

AI Coding Platform Codeium Reaches $1.25 Billion Valuation in $150M Raise

Codeium secures $150 million in a Series C funding round led by General Catalyst, pushing its valuation to $1.25 billion. The company plans to use the new capital to expand its workforce, accelerate product development, and build strategic partnerships.

Codeium Reaches Unicorn Status With $150M Series C Raise

AI coding startup Codeium hits a $1.25 billion valuation after securing $150 million in Series C funding. The company plans to use the capital to expand its engineering team, scale enterprise operations, and advance its developer tools.

Paris AI Startup Mistral Reaches $6 Billion Valuation After $640M Raise

Mistral AI secures €600 million in a Series B round led by General Catalyst, pushing its valuation to $6 billion. The French company plans to use the funds to compete directly with top AI models like GPT-4o and Claude 3.

venture capital

Major Venture Firms Abandon Traditional VC Rules to Become Registered Investment Advisors

Top venture capital firms like Andreessen Horowitz are restructuring as registered investment advisors to bypass strict investment limits. This shift allows them to invest beyond traditional startup equity and explore crypto, public markets, and secondary transactions freely.

general catalyst

General Catalyst Launches Aggressive Seed Program With $25M Annual Commitment

General Catalyst commits to investing at least $25 million annually in seed-stage startups, promising founders quick decisions and ongoing financial support.

predictive index

Workplace Analytics Firm Predictive Index Raises $50M to Build Better Teams

The Predictive Index secures a $50 million growth round from General Catalyst to expand its behavioral assessment software. The funding supports the company's mission to help businesses win the talent war through strategic hiring.