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HISTORICAL FACTS: Menlo ventures | History Defined

India faces capital, talent gap in foundational AI race: Menlo Ventures’ Deedy Das

India faces hurdles in building globally competitive foundational AI companies, with top research talent concentrated in San Francisco and limited appetite for large, high-risk investments, Menlo Ventures partner Deedy Das said at The Economic Times World Leaders Forum 2026. He sees stronger opportunities for Indian startups at the application layer.

The Economic Times

Wispr talks its way to a $2 billion valuation. The company says dictation’s only the beginning

Wispr has raised $280 million in its Menlo Ventures-led Series B, as it looks beyond dictation.

Fortune

Vibe-coding startup Lovable raises $400 million at $13.3 billion valuation

Menlo Ventures and the EQT-managed Scaleup Europe Fund co-led the round. Tencent, Balderton Capital ‌and other ⁠new ⁠investors from Europe, Latin America and Asia also participated.

The Economic Times

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Gene-Editing Startup Scraps Lead Program Seven Months After Launch and Cuts Staff

Aurora Therapeutics deprioritized its lead personalized gene-editing program and cut staff, exposing how hard it is to scale one-patient CRISPR therapies.

Medical Daily

Peak XV, Activate in talks to invest in Silicon Valley AI dictation startup Wispr Flow

Founded by Stanford graduates Tanay Kothari and Sahaj Garg, Wispr Flow develops a voice dictation tool that allows users to speak into apps and workflows instead of typing. The latest funding is likely to nearly triple its valuation to $2 billion, per people in the know.

The Economic Times

Crystal Ball: Will the AI bubble burst or balloon in 2026?

For the first installment of the Term Sheet 2026 Crystal Ball, we look at what readers say about one of the most pressing questions of our time: What will become of the AI bubble?

Fortune

Lovable wants to be 'the last piece of software' for companies, CEO says

The Swedish startup raised $330 million as enterprises race to adopt AI-built software.

Fortune

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Inside Anthropic Claude is boosting developer productivity—but raising fears over deskilling and loss of job satisfaction

Anthropic engineers mostly use Claude for debugging, not writing new software, but they worry about deskilling

Fortune

Elias Torres’s Agency raises $20 million Series A to chase agentic AI for customer success

Founded in 2024, Agency has raised its $20 million Series A, led by Menlo Ventures, Fortune has exclusively learned.

Fortune

Citi Ventures marks 15 years of operation with more than 200 investments and 30 exits

How one of Wall Street’s top corporate venture outfits balances returns and strategic investing.

Fortune

Former Facebook Engineer Quickly Becomes VC Partner After Building $250M Revenue Engine At AI Startup Glean

Venture capitalist Deedy Das found himself in Japan in August with two commitments pulling him in different directions: a marriage proposal and a fast-moving startup deal.

Benzinga

Exclusive: Squint raises $40 million at $265 million valuation to modernize manufacturing for companies like Pepsi and Michelin

Squint has raised a $40 million Series B at a valuation of $265 million, Fortune has exclusively learned.

Fortune

Chime rises 37% as the IPO market opens up

Chime raises $864 mln with IPO, but management doesn’t sell shares.

Fortune

The riddle of the BeReal deal

It may not exactly be the venture exit of, say, investor Andreessen Horowitz’s dreams. But keep in mind that BeReal’s peak valuation in 2022 was $600 million, which makes this…a pretty good outcome.

Fortune

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Fortune

Silicon Valley startups are invading the military market

Controversy around defense tech may be heating up on college campuses, but not in the Valley.

Tom’s Guide

Forget Sora — Higgsfield is a new AI video generator promising advanced camera controls

Higgsfield is a text-to-video model that can create natural looking and moving humans, as well as granular control over motion.

Fortune

AI’s big shift from ‘model-forward’ innovation to ‘product-forward’

New data shows that companies are not building models from scratch anymore, with most tapping into existing models like OpenAI's and Anthropic's, and focusing on adapting the models to their product roadmaps.

Top News

Anthropic secures 0M funding, led by Menlo Ventures

Anthropic, the cutting-edge fundraising platform, is set to raise a staggering 0 million in a funding round led by Menlo Ventures. Get ready for innovat...

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