FUNDING
Coverage Timeline
newest first- Sep 3, 2026FUNDINGThinking Machines Nears $1B Round at $40B$1B round in talks→
- Aug 25, 2026FUNDINGAccel-Backed Keenable Raises $26M to Index Web for AI$26M seed→
- Aug 11, 2026FUNDINGAccel Raises $3.5B for Early-Stage Global AI Bets$3.5B fund→
- Aug 11, 2026FUNDINGAccel's India Fund Closes Oversubscribed in Weeks$550M fund→
- Aug 4, 2026FUNDINGDefense Startup Twenty Technologies Raises $100M at $1B$100M @ $1B val→
- Jul 23, 2026FUNDINGPaper Raises $34M for AI-Native Design Platform$34M Series A→
- Jun 18, 2026FUNDINGTwenty Raises $100M at $1B -- America's First VC-Backed Cyber Warfare Startup$100M→
- Jun 17, 2026FUNDINGCyber-Warfare Startup Twenty Raises $100M Series B at a $1B Valuation$100M→
All Coverage
FUNDING$1B round in talks
Thinking Machines Nears $1B Round at $40B
Accel is reportedly in talks to lead a $1 billion round for Mira Murati's Thinking Machines at a $40 billion valuation -- more than 3x its $12 billion seed mark, but below the $50 billion figure it was targeting late last year.
DEEP DIVE
FUNDING
Accel-Backed Keenable Raises $26M to Index Web for AI
FUNDING$26M seed
Accel-Backed Keenable Raises $26M to Index Web for AI
Keenable, founded by former Yandex and Amazon Alexa search engineers, raised a $26 million seed round led by Accel to build a web search index purpose-built for AI agents rather than human browsers.
DEEP DIVE
FUNDING
Accel Raises $3.5B for Early-Stage Global AI Bets
FUNDING$3.5B fund
Accel Raises $3.5B for Early-Stage Global AI Bets
Accel closed a $3.5 billion early-stage fund split across the US, Europe/Israel and India, its second major AI-focused vehicle in four months after backing Anthropic, Cursor and Perplexity.
DEEP DIVE
FUNDING
Accel's India Fund Closes Oversubscribed in Weeks
FUNDING$550M fund
Accel's India Fund Closes Oversubscribed in Weeks
Accel closed its ninth India-focused fund at $550 million, oversubscribed and completed within weeks, even though the firm still has more than 55% of its prior $650 million India vehicle left to invest.
FOLLOW-UP
FUNDING
Defense Startup Twenty Technologies Raises $100M at $1B
FUNDING$100M @ $1B val
Defense Startup Twenty Technologies Raises $100M at $1B
Arlington-based cybersecurity and defense startup Twenty Technologies raised a $100M Series B led by Accel at a $1B valuation, joining a growing cohort of defense-tech companies crossing unicorn status this year.
FUNDING
Paper Raises $34M for AI-Native Design Platform
FUNDING$34M Series A
Paper Raises $34M for AI-Native Design Platform
Paper, an AI-native design platform for teams shipping software with coding agents, raised a $34 million Series A led by Accel and ICONIQ, with angel backing from Anthropic and OpenAI engineers.
FUNDING
Twenty Raises $100M at $1B -- America's First VC-Backed Cyber Warfare Startup
FUNDING$100M
Twenty Raises $100M at $1B -- America's First VC-Backed Cyber Warfare Startup
Twenty Technologies, an Arlington-based startup building automated offensive cyber operations for the U.S. military and intelligence community, raised a $100 million Series B at a $1 billion valuation led by Accel, with Point72 Ventures, Caffeinated Capital, and Friends & Family Capital participating. The round, which brings total funding to $138 million, mints a defense-tech unicorn in a category most VCs avoided a few years ago.
FUNDING
Cyber-Warfare Startup Twenty Raises $100M Series B at a $1B Valuation
FUNDING$100M
Cyber-Warfare Startup Twenty Raises $100M Series B at a $1B Valuation
Twenty, an Arlington-based startup building AI-enabled offensive cyber systems for the US military and intelligence community, raised a $100 million Series B led by Accel at a $1 billion valuation. Founded only in 2024, it's billing itself as America's first VC-backed cyber-warfare company and just hit unicorn status.