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Anthropic raises $3.5b, hits $61.5b valuation

Anthropic, a company specializing in large language models, has secured US$3.5 billion in a series E funding round.

This funding has raised its valuation to US$61.5 billion.

The round was led by Lightspeed Venture Partners, which contributed US$1 billion.

Other participants included General Catalyst, Jane Street, and Fidelity Management & Research Company.

Existing investors Menlo Ventures and Bessemer Venture Partners also participated.

The funds will support Anthropic’s development of AI systems, increased computing capacity, and safety research.

Recent Anthropic developments

Timeline
25-Feb-2025 🚀 Anthropic seeks $3.5b funding, eyes $61.5b valuation
  • Anthropic raises $3.5B, now valued at $61.5B
  • Investor interest in AI startups remains strong
15-Feb-2025 ⚖️ Anthropic opposes US ban on Google’s AI investments
  • Anthropic challenges US proposal on Google’s AI investments
  • Restrictions could hinder competition, favoring bigger rivals
24-Jan-2025 🆕 Anthropic launches Citations feature to improve AI accuracy
  • Anthropic launches Citations feature for AI accuracy
  • Supports multiple models via API, costs vary by usage
26-Nov-2024 🤖 Anthropic launches open-source tool for easy AI access
  • Anthropic launches Model Context Protocol (MCP)
  • MCP connects AI to various data sources easily

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