Flapping Airplanes raises $1B with no product and no revenue

BBobbi Green•about 12 hours ago•edited

The San Francisco startup closed a $1 billion Series A at a $6 billion valuation, about four times its January seed valuation, before shipping anything commercial. Legal AI startup Legora ($550M at $8.8B) and Whop ($200M at $5.1B) also raised big rounds the same day.

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Flapping Airplanes raises $1B with no product and no revenue

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