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Emergent Raises $70 Million Series B Led by SoftBank Vision Fund 2 and Khosla Ventures

The round follows company‑reported growth to 5 million users with $50 million in ARR.

Overview

  • Prosus, Lightspeed, Together Fund and Y Combinator also joined the financing, taking total funding to about $100 million.
  • Emergent says it will expand engineering and research teams in Bengaluru and San Francisco, deepen product work, and accelerate global expansion.
  • TechCrunch reported a $300 million post‑money valuation based on unnamed sources, while the company did not disclose valuation details.
  • The platform uses autonomous multi‑agent systems and a hybrid AI stack that pairs in‑house fine‑tuned models with LLMs from OpenAI, Anthropic and Google Gemini to build production‑ready web and mobile apps from natural language.
  • Founded by twins Mukund and Madhav Jha, the startup recently closed a $23 million Series A and a strategic investment from Google’s AI Futures Fund, marking a fast follow‑on round and SoftBank’s notable return to new India deals.