Venice Raises $65M Series A at $1B Valuation Led by Dragonfly

Erik Voorhees’ privacy-first AI platform Venice landed a $65 million Series A at a $1 billion equity valuation, its first outside capital, after hitting profitability in Q1. According to The Defiant, erik voorhees’ privacy-first ai platform venice landed a $65 million series a at a $1 billion equity valuation, its first outside capital, after hitting profitability in q1.. The development comes amid ongoing regulatory scrutiny in the sector. The Defiant reports that this marks a significant milestone for the industry. The The Defiant report provides additional context on the implications for market participants and regulatory frameworks moving forward.