Funding round
Reflection AI Growth
Reported as "Growth Equity"
Reflection AI, which works in AI platform development in Varese, raised $2.00B in a Growth round announced on 9 Oct 2025, led by NVIDIA, at a $8.00B post-money valuation. 12 firms took part, 6 of them already investors. It is Reflection AI's second venture round on record; the one before was a Series A in Mar 2025.
$2.00B
Amount raised
$8.00B
Post-money valuation
$6.00B pre-money
12
Investors
1 lead
14x
Step-up from the Series A
$555M in Mar 2025
25%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Reflection AI at $8.00B after the new money, 14.4 times the $555M of its Series A (Mar 2025). The $2.00B bought investors about 25% of the company. It came 7 months after Reflection AI's Series A. It is 95% of the $2.10B Reflection AI has raised in the venture rounds on record. No later venture round is on record for Reflection AI.
Reflection AI's funding rounds
Reflection AI has 2 venture rounds on record. This one is highlighted.
- Series A 7 Mar 2025, led by Lightspeed Venture Partners and CRV $105M$555M post-money
- Growth this round 9 Oct 2025, led by NVIDIA $2.00B$8.00B post-money
Investors
Who put money in
NVIDIA led the round with 11 other firms. NVIDIA, Citigroup, Sequoia Capital and Lightspeed Venture Partners and 2 more had backed Reflection AI before.
Lead investor
- NVIDIA existing investor
Also in the round
- Citigroup existing investor
- backs 15 venture-backed companies new investor
- GIC backs 98 venture-backed companies new investor
- Sequoia Capital backs 589 venture-backed companies existing investor
- Lightspeed Venture Partners backs 454 venture-backed companies existing investor
- 1789 Capital existing investor
- Shaw and Partners new investor
- B Capital backs 156 venture-backed companies new investor
- CRV backs 177 venture-backed companies new investor
- DST Global backs 179 venture-backed companies new investor
- Citi existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, scaling operations and working capital.
- Hiring
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
421 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $53M, and this round was 38 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 15 Oct 2025 | $300M | $1.25B | Cove Hill Partners |
| Chainguard Tech Companies | 23 Oct 2025 | $280M | not disclosed | General Catalyst |
| Tech Companies | 1 Oct 2025 | $180M | not disclosed | Spectrum Equity |
| Tech Companies | 10 Oct 2025 | $150M | $1.25B | Bain Capital |
| Tech Companies | 15 Oct 2025 | $143M | not disclosed | not named |
| Tech Companies | 9 Oct 2025 | $130M | $600M | FTV Management Company |
| Temporal Tech Companies | 1 Oct 2025 | $105M | $2.50B | GIC |
| Tech Companies | 28 Oct 2025 | $100M | not disclosed | Motive Partners |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Reflection AI raise in its Growth round?
Reflection AI raised $2.00B in its Growth round, announced in Oct 2025.
Who led Reflection AI's Growth round?
NVIDIA led it, with Citigroup, Disruptive, GIC, Sequoia Capital and Lightspeed Venture Partners and 6 more.
What was Reflection AI's valuation at the Growth round?
$8.00B post-money ($6.00B pre-money).
How does it compare with other Growth rounds in Tech Companies?
421 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $53M, and this round was 38 times the median.