Calling Europe’s Future Founders - AI Innovate is coming to Amsterdam on 23 September! Applications are now open for our Amsterdam hackathon with our friends at Nebius, Tavily, Lovable, AISO and AI House Amsterdam. You’ll have the chance to share ideas and build with founders, builders and AI enthusiasts from across Europe. You don't need a startup, funding, a co-founder, or a polished CV - just an idea worth chasing and the drive to build it in one day. What are you waiting for? Apply now! https://lnkd.in/ebTNwnJr
About us
Accel is a global venture capital firm that is the first partner to exceptional teams everywhere, from inception through all phases of private company growth. Atlassian, Bumble, CrowdStrike, Fiverr, Flipkart, Freshworks, Qualtrics, Scale, Segment, Slack, Spotify, Squarespace, Tenable, and UiPath are among the companies Accel has backed over the past 40+ years. We help ambitious entrepreneurs build iconic global businesses. For more, visit www.accel.com or www.twitter.com/accel.
- Website
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http://www.accel.com
External link for Accel
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 51-200 employees
- Headquarters
- Palo Alto, CA
- Type
- Partnership
- Specialties
- Investments in Focused Sectors Including: Computing & Storage Infrastructure, Consumer Internet & Media, Enterprise Software & Services, Mobile, Networking Systems, Retail Consumer, Security, and Technology Enabled Services
Locations
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Primary
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500 University Avenue
Palo Alto, CA 94301, US
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1 New Burlington Place
London, England W1S 2HX, GB
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886/A, Confident Electra, 17th E Main Road, 6th Block, Koramangala
Bangalore, Karnataka 560095, IN
Employees at Accel
Updates
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Accel reposted this
Ask a question, and AI agents will give you a confident answer. But if you know the topic well, gaps are easy to spot. Keenable.ai, founded by Andrey Styskin and Matthias Petri, is closing these gaps by creating search infrastructure for AI agents, designed to surface the best information, even if it’s new, unindexed, or buried past the first five links. Andrey previously built a 200-billion-document web index at Yandex, and Andrey and Matthias created the search infrastructure for Amazon AI agents. At Keenable, they’ve already signed contracts with multiple AI labs. Today, we announced we’re leading Keenable’s seed round as the company emerges from stealth. Read more from Accel’s Zhenya Loginov about why we believe this is the right team to tackle this challenge: https://lnkd.in/eEPEAsQb
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Ask a question, and AI agents will give you a confident answer. But if you know the topic well, gaps are easy to spot. Keenable.ai, founded by Andrey Styskin and Matthias Petri, is closing these gaps by creating search infrastructure for AI agents, designed to surface the best information, even if it’s new, unindexed, or buried past the first five links. Andrey previously built a 200-billion-document web index at Yandex, and Andrey and Matthias created the search infrastructure for Amazon AI agents. At Keenable, they’ve already signed contracts with multiple AI labs. Today, we announced we’re leading Keenable’s seed round as the company emerges from stealth. Read more from Accel’s Zhenya Loginov about why we believe this is the right team to tackle this challenge: https://lnkd.in/eEPEAsQb
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Calling Europe’s Future Founders! On 16 September, AI Innovate kicks off in Stockholm — the first stop in our new event series connecting the people shaping what comes next in AI. As part of the event, we’re hosting a hackathon with support from our partners Lovable, Polar and KTH AI Society. Applications are now open here: https://lnkd.in/dMzzDxx2 Bring your ideas. Build something ambitious. Meet fellow founders, builders and AI enthusiasts from across Europe. What are you waiting for?
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Accel reposted this
Pocket just crossed $100M in Annualized Run Rate. Just 7 months ago, we were at $1M. Today, more than 270,000 Pocket devices are out in the world, and Pocket has become the fastest YC hardware company to reach this milestone. None of this happens without the hundreds of thousands of people who took a chance on Pocket, told their friends about it, sent us feedback, and made Pocket part of their everyday lives. And none of it happens without the small team behind Pocket that has been moving unbelievably fast to build what comes next. $1M → $100M in 7 months. 270,000+ devices. And we're still at the beginning. Thank you for being part of it. 💛
Pocket just crossed $100M in Annualized Run Rate. 7 months ago, we were at $1M. Today, there are more than 270,000 Pocket devices out in the world. Going from $1M → $100M in Annualized Run Rate in just 7 months makes Pocket the fastest YC hardware company to reach this milestone. When we started Pocket, we had a simple belief: AI shouldn’t be limited to what happens on a screen. It should understand the conversations and context of your real life and turn them into something useful. The last 7 months have been insane. We’ve shipped hundreds of thousands of devices, built an incredible team, and learned more than I thought possible. But the number I’m most excited about is what comes next. We’re still at the beginning of what we want Pocket to become. Thank you to our team, our customers, and everyone who believed in us early. Onwards.
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Accel reposted this
Today, we announced that Higgsfield AI raised $400 million in Series B financing, led by DST Global, at a $5.4 billion valuation. We’re incredibly proud to have the backing of an exceptional group of venture capital, financial and strategic investors who share our conviction in the future of visual AI. This capital will help us move even faster! We’ll accelerate our R&D, expand our global infrastructure, bring on more world-class AI talent to Higgsfield and scale our go-to-market. And we already have incredible momentum behind our vision. Just 16 months after launching our web platform, we’ve reached a $700 million annualized revenue run rate. Thank you to our incredible team, customers, partners and investors who have helped us get here. We’re just getting started! Read the Financial Times exclusive in the comments👇
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The next generation of founders is right here in Europe. They're emerging from universities, research labs, Big Tech and startup communities. AI is shortening the path from idea to product, enabling founders to move faster than ever before. To bring these builders together, we're launching AI Innovate: a new event series designed to discover, connect and support Europe's next generation of founders. Across five cities, AI Innovate combines Future Founders Hackathons, off-the-record discussions with leading AI founders, and opportunities to connect with investors, researchers and the wider ecosystem. The series begins in Stockholm on 16 September, with Amsterdam, London, Paris and Berlin to follow. Applications are now open for our Stockholm hackathon with our friends at Lovable, Polar and KTH AI Society here: https://lnkd.in/dMzzDxx2. For our off-the-record fireside chat with Lovable’s Fabian Hedin and Accel’s Zhenya Loginov, sign up here: https://luma.com/xl8t75i0.
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Michael T. and the Cursor team have defined what a great AI company looks like — delivering amazing results at a relentless pace, while staying kind and focused every step of the way. Thanks for letting us be part of your story. It's still so early, and we can't wait to see what's in store in this next chapter. https://lnkd.in/eabaa4Pc
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Accel reposted this
60M+ projects with 900M+ visits in <20 months. It's Lovable, and it's incredible! It's an honor and joy to work with you, guys! Congratulations Anton, Fabian, Cecilia, Alexandre, Patrik "totte" Torstensson, Maryanne, Andy, Elena, Matias, Lauren, Ryan, Aino, Charles, Igor, Felix, and the entire Lovable team! https://lnkd.in/e-ErFJQ8
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Accel reposted this
Today we are announcing a $300M Series C funding round to accelerate our mission to protect Allied skies. The round, led by DFJ Growth, values Cambridge Aerospace at $3.4B. We’re proud to be backed by DFJ Growth, Lux Capital, Elad Gil & Co, Lakestar, Accel, Never Lift, Ora Global, Spark Capital and Global Founders Capital. https://lnkd.in/eRFigWXS
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