Accel announced on Tuesday that it raised $5 billion in fresh capital to back late-stage companies building AI.
The six startups were selected from over 2,000 applications and will receive $500,000 to $2 million each.
Swish has more than doubled its valuation in a year as its full-stack, hyperlocal model positions ultra-fast food delivery as a high-frequency habit.
Google and Accel say about 70% of AI startup pitches tied to India were “wrappers” as they reviewed more than 4,000 applications for their Atoms cohort.
The startup — with backing from Accel — is building a financial layer that handles the authentication and micro-payments required for AI agents.
Fibr AI replaces marketing agency– and engineering-heavy website personalization with autonomous systems designed for enterprise scale.
SGLang, which originated as an open source research project at Ion Stoica’s UC Berkeley lab, has raised capital from Accel.
EtherealX is ramping engine tests and building a 150-acre rocket campus in India as it targets a 2027 launch mission.
Graphite is an AI code review assistant that was last valued at $290 million.
EtherealX aims to take on SpaceX’s Falcon 9 with its fully reusable rocket.