AI Search Startup Exa Raises $85 Million in Series B Funding
The round, led by Benchmark and valuing the company at $700 million, will fund the development of a search engine for AI models.
Investment Details
AI search startup Exa announced on September 3, 2025, that it has raised $85 million in a Series B funding round. The investment was led by venture capital firm Benchmark, with participation from Lightspeed and Nvidia. The financing values the company at $700 million, according to a report from TechMeme.
As part of the deal, Peter Fenton from Benchmark will join Exa's board of directors. The company stated that the new capital will be used to build out its infrastructure and expand its team. The investment signals strong investor confidence in the need for a new layer …
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