Flapping Airplanes pursues new round at reported $5 billion valuation
Index Ventures and Lux Capital are leading talks for a round in the hundreds of millions, six months after the AI research lab's $180 million seed.
By Ryan Merket · Published
Primary source: Forbes
Why it matters
The proposed round prices founder pedigree and a research thesis before commercialization. If it closes, Flapping Airplanes will have more time to experiment, along with a much higher burden to produce technical proof.
Ben Spector, Asher Spector and Aidan Smith are discussing a new financing that would value their AI research lab, Flapping Airplanes, at $5 billion, Forbes reported on July 31st.…
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