Lila Sciences Seeks $2 Billion at $8.5 Billion Valuation, Drawing CalPERS and NVentures
Updated
Updated · Bloomberg · Jun 3
Lila Sciences Seeks $2 Billion at $8.5 Billion Valuation, Drawing CalPERS and NVentures
1 articles · Updated · Bloomberg · Jun 3
Summary
$2 billion is the target Lila Sciences is discussing in a new Series B round that would value the AI research startup at about $8.5 billion before the fresh capital.
CalPERS and Nvidia's NVentures are anchoring the financing, according to people familiar with the private talks.
The fundraising would mark a major capital push for Lila as investors continue backing artificial intelligence companies at multibillion-dollar valuations.