Profound Secures $180 Million Series D, Reaching $1.8 Billion Valuation

VERA Brief

AI-generated. Grounded in the article and its cited sources.

AI startup Profound has announced a $180 million Series D funding round, reaching a valuation of $1.8 billion. This investment follows a previous funding round and indicates strong investor confidence in the company's AI research acceleration technology.

Key facts

• Profound has announced a $180 million Series D funding round.
• The company's valuation has reached $1.8 billion.
• This funding round occurred less than seven months after the company's Series C round.
• Profound's technology focuses on accelerating AI research and development.
• The funding suggests a growing market for advanced AI research acceleration tools.