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Startups Harvey and The Farmer’s Dog Seek Major Funding

Venture firms Kleiner Perkins and Andreessen Horowitz to play significant roles in upcoming investment rounds.

  • Legal startup Harvey, which sells AI-powered legal software, is in talks to raise between $70 million and $80 million in a round that would value it at $700 million, including the investment.
  • Venture firm Kleiner Perkins and solo investor Elad Gil, who previously invested in Harvey's seed and Series A rounds, are set to co-lead the funding round.
  • Andreessen Horowitz is planning to raise money for at least three industry-specific funds, including funds dedicated to infrastructure startups and a fund focused on 'American dynamism.'
  • The Farmer’s Dog, a high-end pet food startup, is working with JPMorgan and other investment banks to raise hundreds of millions of dollars by early next year, potentially valuing it significantly higher than its last $2.5 billion valuation.
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