Accel raises $5B to back late-stage bets
Accel announced on Tuesday that it raised $5 billion in fresh capital to back late-stage companies building AI.
Accel
Bengaluru food delivery startup Swish raises $38M, its third round in 18 months
Swish has more than doubled its valuation in a year as its full-stack, hyperlocal model positions ultra-fast food delivery as a high-frequency habit.
Google, Accel India accelerator choses 5 startups and none are ‘AI wrappers’
Google and Accel say about 70% of AI startup pitches tied to India were “wrappers” as they reviewed more than 4,000 applications for their Atoms cohort.
Legora reaches $5.55 billion valuation as AI legal tech boom endures
Legora, an AI platform for lawyers, is now valued at $5.55 billion following a $550 million Series D led by Accel to fuel its growth in the U.S.
Sapiom raises $15M to help AI agents buy their own tech tools
The startup — with backing from Accel — is building a financial layer that handles the authentication and micro-payments required for AI agents.
Accel doubles down on Fibr AI as agents turn static websites into one-to-one experiences
Fibr AI replaces marketing agency– and engineering-heavy website personalization with autonomous systems designed for enterprise scale.
Sources: Project SGLang spins out as RadixArk with $400M valuation as inference market explodes
SGLang, which originated as an open source research project at Ion Stoica’s UC Berkeley lab, has raised capital from Accel.
Indian SpaceX rival EtherealX hits 5x valuation as it readies engine tests
EtherealX is ramping engine tests and building a 150-acre rocket campus in India as it targets a 2027 launch mission.
