Reflection AI, backed by Nvidia, raises $2 billion, valuing the company at $8 billion

Reflection AI, backed by Nvidia, raised $2 billion at an $8 billion valuation. Founded in 2024 by ex-DeepMind researchers Misha Laskin and Ioannis Antonoglou, it focuses on automating software development. The round included Eric Schmidt, 1789 Capital, Lightspeed, and Sequoia. This follows a previous $130 million round at $545 million valuation. Q3 2025 global venture funding rose 38% to $97 billion, with 46% in AI. Competitors include OpenAI and DeepSeek.