ZEN INVESTING
ElevenLabs Hits $11B Valuation With $500M Series D Round
AI voice startup ElevenLabs triples valuation to $11B in Series D led by Sequoia, with $330M ARR and enterprise clients including Deutsche Telekom and Revolut.
Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI
Michelle Fradin, former Sequoia Capital executive, joins OpenAI to lead data efforts, specializing in venture capital and AI, focusing on FTX investment and large language model integration.
EDX Markets Debuts Cryptocurrency Trading Platform and Wraps Up Latest Investment Round
In a key milestone, EDX Markets has successfully kick-started its cryptocurrency trading operations and completed a fresh funding round
FTX to Sell Remaining Interest in Sequoia Capital to Abu Dhabi Sovereign Wealth Fund
FTX has struck a deal with a company owned by the government of Abu Dhabi to sell its remaining interest in venture capital firm Sequoia Capital for $45 million. The deal is subject to approval by the Delaware bankruptcy judge and is part of FTX's efforts to liquidate its investments to pay off its debts to creditors. Meanwhile, Voyager Digital has agreed to set aside $445 million after being sued by Alameda Research over loan repayments.
Sequoia Capital's $213.5m Investments in FTX Marks Down to $0
Amid the liquidity crisis in FTX, Sequoia Capital announced to mark down its FTX investment to $0.
Sequoia Capital Invests over $500M to Participate in Crypto Governance
Sequoia Capital is doubling down on its bullish stance in the digital currency ecosystem with the launch of a $500 to $600 million investment.