Fortune · Allie Garfinkle ·

Arcee AI, which develops open-weight models in the US, raised a Series B at a $1B pre-money valuation; a source says Arcee raised at least $150M

In 2025, Mark McQuade took a gamble wholly specific to the AI era.

AI Venture Capital

In this story Arcee AI

Arcee AI, which develops open-weight models in the US, raised a Series B at a $1B pre-money valuation; a source says Arcee raised at least $150M

Lead Source

Fortune — Arcee AI, which develops open-weight models in the US, raised a Series B at a $1B pre-money valuation; a source says Arcee raised at least $150M ↗

How this story grew

Coverage · 0 Discussion · 0

Sep 16Sep 18

More

Arcee AI: Arcee AI

SiliconANGLE: SiliconANGLE

Tech Startups: Tech Startups

Discussion

Jeffrey Bussgang

Related stories

Wall Street Journal: Deep Cogito, which develops open-weight models and helps companies build their own specialized AI models, raised a $43M Series A led by TQ Ventures

Bloomberg: AI coding startup Cognition is in early talks with investors to raise $1B+ at a $40B+ valuation, after raising $1B at a $26B valuation in May

Reuters: Velaura AI, which makes low-power chips and software for data centers and physical AI applications, like robotics, raised a $110M Series A at a $1B+ valuation

TechCrunch: AI code-testing startup Blacksmith raised a $45M Series B led by Peak XV Partners at a $550M valuation, up from $60M after it raised a $10M Series A in 2025

Bloomberg: AI coding startup Cognition raised $2B at a $48B valuation, up from $26B in May, and says its run-rate revenue grew from $492M in May to ~$900M

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif