CosmicTaco

Anthropic's Massive $3.5B Funding Round

CosmicTaco · 2025-02-25T09:24:15.541356+05:30

- Anthropic is finalizing a $3.5 billion fundraising round, boosting its valuation to $61.5 billion. - Initially aiming for $2 billion, the company secured more interest from investors, including Lightspeed Venture Partners and General Catalyst. - The new round will bring Anthropic’s total funds raised to around $18 billion. - Despite hitting $1.2 billion in annualized revenue, the company is still operating at a loss. - The funds will be used to develop more advanced AI technologies, including their latest model, Claude 3.7 Sonnet. Source: [TechCrunch](https://techcrunch.com/2025/02/24/anthropic-reportedly-ups-its-next-funding-round-to-3-5b/)

Anthropic is finalizing a $3.5 billion fundraising round, boosting its valuation to $61.5 billion.
Initially aiming for $2 billion, the company secured more interest from investors, including Lightspeed Venture Partners and General Catalyst.
The new round will bring Anthropic’s total funds raised to around $18 billion.
Despite hitting $1.2 billion in annualized revenue, the company is still operating at a loss.
The funds will be used to develop more advanced AI technologies, including their latest model, Claude 3.7 Sonnet.

Source: TechCrunch