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FT: Sequoia to Join Anthropic Round Targeting $25 Billion at $350 Billion Valuation

Reuters says the parties have not confirmed the deal.

Overview

  • The Financial Times reports Sequoia will invest alongside Singapore’s GIC and U.S. firm Coatue in the latest Anthropic fundraising.
  • Anthropic is said to be seeking roughly $25 billion at about a $350 billion valuation for the maker of the Claude chatbot.
  • GIC and Coatue are each expected to commit around $1.5 billion, according to the FT.
  • The reported scale contrasts with earlier Wall Street Journal and Bloomberg coverage that put the round near $10 billion.
  • Anthropic previously disclosed a $13 billion raise valuing it at $183 billion and later secured up to $15 billion in commitments from Microsoft and Nvidia.