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Series B Announcements

Series B Funding Announcements

HackerNoon AI monitors the web for the most consequential Series B funding announcements

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Reflection AI

$2 billion
Oct 9, 2025
Series B
NVIDIA & 10 more

Reflection AI, a Brooklyn-based AI startup co-founded by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou, has raised a colossal $2 billion in a Series B funding round at an $8 billion valuation. Barely a year old, the company is positioning itself as a major contender in the open-source AI race, aiming to build superintelligent foundation models that rival the likes of Meta’s Llama and China’s DeepSeek. The funding – one of the largest ever for an open-source AI lab – drew participation from heavyweights including NVIDIA, B Capital, Citi Ventures, DST Global, Hillspire (Eric Schmidt’s family office), GIC, and 1789 Capital, alongside existing backers CRV, Lightspeed Venture Partners, and Sequoia. With this massive infusion, Reflection plans to expand its research and development of large-scale AI models, doubling down on its mission to democratize AI by openly releasing advanced AI systems and allowing broader community oversight.

Assort Health

$76 million
Oct 2, 2025
Series B
Lightspeed Venture Partners & 5 more

Assort Health, a Palo Alto-based healthtech startup automating clinical call centers with AI, raised $76 million in Series B funding to grow its platform. The round was led by Lightspeed Venture Partners, with participation from Felicis, First Round Capital, Capital A (Chemistry), Liquid 2 Ventures, and Quiet Capital, bringing Assort’s total funding to $102 million.