Funding round
World Labs Growth
Reported as "Growth Equity"
World Labs, which works in spatial intelligence technology development in San Francisco, raised $230M in a Growth round announced on 13 Sep 2024, led by Andreessen Horowitz, New Enterprise Associates and Radical Ventures, at a $1.00B post-money valuation. 8 firms took part. It is World Labs' first venture round on record.
$230M
Amount raised
$1.00B
Post-money valuation
$770M pre-money
8
Investors
3 leads
23%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced World Labs at $1.00B after the new money. The $230M bought investors about 23% of the company. It is World Labs' first venture round on record, 1 year after it was founded in 2023. It is 19% of the $1.23B World Labs has raised in the venture rounds on record. World Labs raised again 17 months later: a Series B round of $1.00B in Feb 2026, at $5.00B post-money.
World Labs' funding rounds
World Labs has 2 venture rounds on record. This one is highlighted.
- Growth this round 13 Sep 2024, led by Andreessen Horowitz, New Enterprise Associates and Radical Ventures $230M$1.00B post-money
- Series B 18 Feb 2026, led by Autodesk $1.00B$5.00B post-money
Investors
Who put money in
Andreessen Horowitz, New Enterprise Associates and Radical Ventures led the round with 5 other firms.
Lead investors
- Andreessen Horowitz backs 722 venture-backed companies new investor
- New Enterprise Associates backs 286 venture-backed companies new investor
- backs 65 venture-backed companies new investor
Also in the round
- AMD Ventures new investor
- Intel Capital backs 239 venture-backed companies new investor
- Databricks Ventures new investor
- Shinrai Investments new investor
- Nvidia new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development.
- Product development
Comparable rounds
How it compares
393 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $48M, and this round was 4.8 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| G42 Tech Companies | 20 Sep 2024 | $1.50B | not disclosed | Microsoft |
| Tech Companies | 20 Sep 2024 | $112M | not disclosed | not named |
| Tech Companies | 13 Sep 2024 | $111M | $1.71B | Airtree |
| Tech Companies | 23 Sep 2024 | $100M | not disclosed | Bain Capital Crypto |
| Tech Companies | 9 Sep 2024 | $63M | not disclosed | Mainsail Partners |
| Tech Companies | 26 Sep 2024 | $54M | not disclosed | Hindiana Fund |
| Tech Companies | 26 Sep 2024 | $40M | $415M | AVP |
| Tech Companies | 1 Sep 2024 | $37M | not disclosed | Invictus Growth Partners |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did World Labs raise in its Growth round?
World Labs raised $230M in its Growth round, announced in Sep 2024.
Who led World Labs' Growth round?
Andreessen Horowitz, New Enterprise Associates and Radical Ventures led it, with AMD Ventures, Intel Capital, Databricks Ventures, Shinrai Investments and Nvidia.
What was World Labs' valuation at the Growth round?
$1.00B post-money ($770M pre-money).
How does it compare with other Growth rounds in Tech Companies?
393 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $48M, and this round was 4.8 times the median.
Did World Labs raise again after this round?
Yes: a Series B round in Feb 2026 of $1.00B at $5.00B post-money.