Tags: Coatue

Sycamore, founded by former Coatue investor Sri Viswanath, announced a $65 million seed round led by Coatue and Lightspeed. The funding, which also includes a roster of high‑profile angels, backs the company’s ambition to create a comprehensive AI‑agent orchestration layer for enterprises. Viswanath brings more than two decades of experience building large‑scale enterprise platforms at Sun Microsystems, VMware, Groupon, and Atlassian. While Sycamore has already attracted unnamed enterprise customers, it enters a crowded market where startups, major AI labs, and cloud providers are all racing to own the enterprise agent space. Read more

Anthropic announced it is raising twice the amount originally planned, increasing its target from $10 billion to $20 billion. The expanded round aims to bring the company’s valuation to $350 billion and includes investors such as Sequoia Capital, Singapore’s sovereign wealth fund, and Coatue. The move follows a prior $13 billion raise that set a $183 billion valuation and follows reports that the firm is preparing for an initial public offering later this year. Read more

Anthropic, the AI startup behind Claude, announced a completed funding round of $13 billion that lifts its post‑money valuation to $183 billion. The company reported that its run‑word revenue surged from about $1 billion to more than $5 billion in less than nine months and that it now serves over 300,000 business customers. Large‑account customers increased sevenfold, and the Claude Code product generated over $500 million in run‑rate revenue, with usage growing more than tenfold since its full launch. The round was led by ICONIQ, Fidelity Management & Research Company and Lightspeed Venture Partners, with participation from Qatar Investment Authority, TPG, Altimeter, Blackstone, Coatue and General Catalyst. Read more