Upstarts Media · Alex Konrad ·

Index Ventures dropped plans to invest in AI assistant Town after Instinct, which Index is backing, complained about a potential conflict of interest

Exclusive details on Town's new $90M fundraise at a $1B valuation, and the eleventh-hour cap table reshuffling behind it, per Upstarts sources.

In this story Index Ventures Instinct Town

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Upstarts Media — Index Ventures dropped plans to invest in AI assistant Town after Instinct, which Index is backing, complained about a potential conflict of interest ↗

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Sep 3Sep 5

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