AI startup Anysphere is raising a new funding round, with a valuation of at least $400 million, backed by A16z.
What Happened: Anysphere, the creator of an AI code editor named Cursor, is in the process of raising funds. The valuation of this round is a significant jump from the previous one, Business Insider reported on Tuesday.
Founded in 2022, Anysphere’s last funding round in July 2023 was led by the OpenAI Startup Fund, with contributions from Sequoia Capital, BoxGroup, ex-GitHub CEO Nat Friedman, and Dropbox co-founder Arash Ferdowsi. The company’s total funding to date is $11 ...