AI startup Corgi has raised $106 million at a $2.6 billion valuation, doubling its worth just three weeks after its previous $160 million Series B round. The unusually rapid valuation increase has raised eyebrows, especially since the same investors participated in both rounds. This development highlights the intense competition and high valuations in the AI startup space.
Background
In recent years, AI startups have attracted massive venture capital investments, with some companies achieving rapid valuation increases. However, such a quick doubling of valuation in just three weeks is highly unusual in the venture capital world.
- Source
- TechCrunch
- Published
- May 29, 2026 at 01:15 AM
- Score
- 6.0 / 10