AI software development platform Emergent has completed its Series C financing at a valuation of 1.5 billion US dollars

On July 20, Emergent, an AI software development platform, announced the completion of a $130 million Series C financing round. This round was led by Creaegis, co-led by MNI Ventures - Claypond Capital and Sentinel Global, with participation from Khosla Ventures, SoftBank Vision Fund 2, Lightspeed, and Y Combinator. Following this latest financing, Emergent is valued at $1.5 billion, making it a unicorn within a year of its public launch. (Sina Finance)