U.S. and Indian VCs just formed a $1B+ alliance to fund India’s deep tech startups
Eight U.S. and Indian VC and PE giants are teaming up to fuel India’s deep tech boom.
Accel
Lovable becomes a unicorn with $200M Series A just 8 months after launch
Only eight months after its launch, Sweden’s Lovable has raised a $200 million Series A round led by Accel at a $1.8 billion valuation.
Lovable on track to raise $150M at $2B valuation
Lovable released its vibe coder in late November. Within six months, the startup hit $50 million in ARR, CEO Anton Osika said.
Tiny AI ERP startup Campfire is winning so many startups from NetSuite, Accel led a $35M Series A
Campfire was launched in 2023 to upend 1990s-era enterprise resource planning accounting software (ERP) like Netsuite with an LLM-powered alternative.