
The round was co-led by Diffusion and Lightspeed Venture Partners and follows the previous $200 million round at an . And that was just a few months after an $8 billion valuation from a round in December.
With this latest infusion of capital, the company has raised more than $1.55 billion total and nearly doubled its valuation in about nine months. , though it has completed at least eight priced rounds since 2023 (five of them since 2025), Pitchbook estimates. Since a couple of those were considered extension rounds, this one could be considered a Series F.
