In an era where hundreds of new venture funds have emerged, only to face a narrowing market as exits prove slippery, Elizabeth Weil’s Scribble Ventures stands out as a case study in the importance of deep networks. Defying a contraction that is sidelining many newcomers, Weil just secured $80 million for Scribble’s third fund, its…
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Cursor in talks to raise at a $10B valuation as AI coding sector booms
Investor interest in AI-coding assistants is exploding. Anysphere, the developer of AI-powered coding assistant Cursor, is in talks with venture capitalists to raise capital at a valuation of nearly $10 billion, Bloomberg reported. The round, if it transpires, would come about three months after Anysphere completed its previous fundraise of $100 million at a pre-money…