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Series C Round

Funding Details

xAI, an artificial intelligence company founded by Elon Musk, has successfully raised $6 billion in its Series C funding round. This significant investment has propelled the company's valuation to over $46 billion, marking a substantial increase from its previous valuation of $40 billion. The funding round saw participation from prominent investors including Andreessen Horowitz (A16Z), Blackrock, and Fidelity Management, among others. The capital raised will be utilized to further enhance xAI's AI technologies and expand its market presence.

Valuation
  • Pre-money: $40000000000.0M
  • Post-money: $46000000000.0M
Confidence Score
Data extraction confidence: 90%
Participating Investors

BlackRock Inc. is a global investment management corporation founded in 1988. It is the largest asset manager in the world, with a focus on investment...

Fidelity is a multinational financial services corporation that provides investment management, retirement planning, portfolio guidance, and brokerage...

Leading global venture capital firm focusing on technology investments, Sequoia Capital has a rich history of partnering with innovative companies fro...

Related Tweets

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Other Data Sources
1
Exa Round Data
Apr 21, 2025
Exa Enrichment History
1

Fields Updated
amount currency announced_date startup stage
Enrichment Details
Amount
6000
Currency
USD
Announced Date
2024-12-23T00:00:00
Startup
  • Name: xAI
  • Description: xAI is focused on developing advanced artificial intelligence technologies.
Stage
Series C
Enrichment History
  • {'updated_at': '2025-04-24T16:07:13.192357', 'fields_updated': {'amount': True, 'currency': True, 'announced_date': True, 'startup': True, 'stage': True}, 'query_used': 'xAI Series C funding round investment valuation', 'sources_count': 5}
Source URLs