According to TechCrunch, Parallel Web Systems, an AI startup founded by former Twitter CEO Parag Agrawal, raised $100 million in a series B led by Sequoia at a $2 billion valuation. The round brings the company’s total funding to $230 million, five months after its $100 million series A. Parallel provides web search and research APIs for AI agents, with customers including Clay, Harvey, Notion, and Opendoor.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Oobit Launches Visa-Supported AI Agent Cards on Thursday, Enabling USDT Spending Without Fiat Conversion
According to The Block, Tether-backed wallet startup Oobit launched AI Agent Cards on Thursday, allowing autonomous bots to make purchases using USDT balances without converting to fiat or accessing corporate card credentials directly. The Visa-supported cards are usable online wherever Visa is acce
GateNews23m ago
ChimpX AI Raises $2.8M in Seed Round Led by Waterdrip Capital and MetaLabs Ventures
ChimpX AI announced today the close of a $2.8 million seed round to accelerate development of Mojo AI, an execution agent that converts plain-English intent into on-chain DeFi transactions on Solana. The round was led by Waterdrip
GateNews2h ago
Major CEX Launches Agent Payments Protocol on April 29, Enabling AI-Driven Cross-Chain Transactions
According to a recent announcement, a leading cryptocurrency exchange unveiled the Agent Payments Protocol on April 29, an open standard enabling artificial intelligence agents to execute full business transactions across multiple blockchain networks without human intervention. The protocol
GateNews2h ago
Walrus Launches MemWal SDK for AI Agent Memory
Walrus has launched MemWal, an SDK designed to address limitations in agentic memory by bringing verifiability, availability, portability and sharability to how AI agents store and access information, according to Mysten Labs Group Product Manager Abinhav Garg.
Verifiable and Portable Memory
CryptoFrontier3h ago
Oobit Launches AI Agent Visa Cards Supporting Direct USDT Spending
According to The Block, Oobit, a Tether-backed wallet startup, launched virtual 'Agent Cards' today that allow AI agents to spend USDT directly at Visa-supported merchants without currency conversion or per-transaction approval. Each card is assigned to a single agent and includes spending limits
GateNews6h ago
AethirClaw Launches CARA, Preconfigured Crypto AI Agent Deployable in 5 Minutes, on April 30
According to AethirClaw's official announcement on April 30, the company launched CARA, a preconfigured crypto AI agent running on Aethir's decentralized GPU infrastructure. The platform features over 50 built-in skills covering real-time market monitoring, whale wallet tracking, on-chain
GateNews7h ago
