AI Text-to-Code Startup StackBlitz in Talks for $700M Valuation
StackBlitz Inc., the maker of developer tool Bolt.new, is finalizing talks to raise money from investors at a $700 million valuation, its chief executive officer said — the latest deal for an artificial intelligence startup promising to change computer programming and coding. The company is set to raise $83.5 million in a deal led by Emergence Capital and GV, formerly Google Ventures, said CEO Eric Simons. Madrona Venture Group, Conviction and Mantis are also participating....
Read more at bloomberg.com