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Emergence to Raise 50 Million at 400 Posts
The hottest space where you're talking about AI infrastructure for enterprises. I think it's probably the hottest space right now in venture land. We had a small allocation there next round. The valuation was somewhere around 30 to 35 times ARR, which actually is not that insane for a very fast growing company in a hot space. It's still a great deal but a lot of people are saying it's a crazy deal.