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AlphaSense nearly doubles valuation to $7.5 billion in new funding round

AlphaSense nearly doubles valuation to $7.5 billion in new funding round June 3 : Market intelligence platform AlphaSense said on Wednesday it has raised $350 million at a valuation of $7.5 billion, nearly double that of its funding round two years ago. The round was led by Vitruvian Partners, Accenture Ventures, and J.P. Morgan Asset Management, with new investors including D. E. Shaw Ventures and Pinegrove Opportunity Partners. The funding highlights strong investor demand for AI-related...

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