General Intuition Seeks Funding at $6 Billion Valuation Weeks After $320 Million Round
Updated
Updated · TechCrunch · Aug 24
General Intuition Seeks Funding at $6 Billion Valuation Weeks After $320 Million Round
3 articles · Updated · TechCrunch · Aug 24
Summary
$6 billion is the pre-money valuation General Intuition is discussing with new backers including Valor Equity Partners, Point72 Ventures and Seven Seven Six, with existing investors Khosla Ventures and General Catalyst also participating.
The round comes just weeks after the New York startup raised $320 million at a $2.3 billion valuation, underscoring how quickly investor demand has accelerated; a source close to the deal said the financing is oversubscribed.
General Intuition plans to use the money to improve its general model for robotic embodiments, spending more on compute infrastructure through partner CoreWeave and adding talent.
Founded last October after CEO Pim de Witte spun it out of Medal, the company uses hundreds of millions of hours of gameplay and action-label data to train AI agents that can generalize across tasks in physical environments.