Grammarly secures $1B in non-dilutive funding from General Catalyst

Grammarly has secured a $1 billion commitment from General Catalyst. The 14-year-old writing assistant startup will use the new funds for its sales and marketing efforts, freeing up existing capital to make strategic acquisitions. Unlike a traditional venture round, General Catalyst will not receive an equity stake in the company in return for the investment. […]

  • Related Posts

    Perplexity received 780 million queries last month, CEO says

    Srinivas went on to note that the same growth trajectory is possible, especially with the new Comet browser that it’s working on.

    Continue reading
    Amazon launches new R&D group focused on agentic AI and robotics

    Amazon wants this group to develop an agentic AI framework to be used to give its warehouse robots more skills.

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Perplexity received 780 million queries last month, CEO says

    • By staff
    • June 5, 2025
    • 0 views

    Anthropic co-founder on cutting access to Windsurf: ‘It would be odd for us to sell Claude to OpenAI’

    • By staff
    • June 5, 2025
    • 0 views

    Amazon launches new R&D group focused on agentic AI and robotics

    • By staff
    • June 5, 2025
    • 1 views

    Google says its updated Gemini 2.5 Pro AI model is better at coding

    • By staff
    • June 5, 2025
    • 2 views