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Perplexity Looks To Raise $250M-Plus At Valuation Of $2.5B Or More — Report

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The same day announced a $62.7 million round, it was the AI startup is looking to raise another $250 million-plus at a valuation between $2.5 billion and $3 billion.

The newly announced round was first reported last month and was led by . It also included investors such as  , , , and among others. The new round values the company at more than $1 billion.

However, per a report in , the AI search engine startup is far from done, engaging investors in talks of a mega-round that would increase that valuation by at least 150%. IVP and NEA were said to be looking at participating in the new round.

It was just in January the company raised a $73.6 million Series B led by IVP that valued it at $520 million.

The rapid succession of rounds is just another indication of investors’ insatiable appetite for AI. Perplexity is particularly interesting since it shows investors and strategics are willing to back a young startup looking to take on the invincible search titan .

More money

Perplexity was not the only startup to reportedly be raising big bucks Tuesday.

, a startup emerging from that is developing software for robots, is reportedly raising nearly $300 million from , and others at a $1.5 billion valuation, .

That round is just the latest in a flurry of deals involving young robotic startups.

Earlier this month, Santa Clara, California-based locked up $100 million in a Series B led by . In February, Sunnyvale, California-based raised a huge $675 million round at a pre-money valuation of roughly $2 billion. Big-name investors in that round included ’ and Nvidia among others.

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