Private Valuation & Funding Round Tracker · Reflection AI

Reflection AI funding rounds & valuation history

Name: Reflection AI Funding Rounds & Valuation History
Creator: growthnavigatefunding.net

Reflection AI, the New York open-weight frontier AI lab founded by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou, from its 2025 launch funding to the 2026 round at $25B pre-money, sourced to TechCrunch, Reuters, the WSJ, CNBC, SiliconANGLE and Lightspeed.

Last updated: 13 Nov 2026 (IST). Every figure re-checked against the linked sources that day. Rows: 4 Currency: US$, nominal

⬇ Download CSV Cite this dataset Methodology & status definitions

Last closed round Closed

$25B pre-money

Funding round, 23 Apr 2026 (CNBC)

Up-step, 2026 round

3.13×

$25B pre-money vs $8B (GNF calc.)

Total raised

Over $2.13B

$130M + $2B disclosed (GNF calc.); 2026 round amount not disclosed in the sources used

Latest signal Closed

$25B

Pre-money, round closed per CEO on CNBC, 23 Apr 2026

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Reflection AI funding rounds and reported talks, March 2025 to April 2026
Date	Status	Round	Amount	Lead / buyer	Valuation	Val. ÷ run-rate	Source
23 Apr 2026	Closed round	Funding roundDate is the CNBC confirmation. Step-up compares a pre-money figure with the Oct 2025 valuation (basis not stated), GNF calc.	—Not disclosed	—Not disclosedInvestors: Nvidia, Disruptive, DST, 1789, B Capital, Lightspeed, GIC, Citi, Sequoia, CRV and others (per CNBC page)	$25B pre-moneyPre-money, confirmed by CEO Misha Laskin on CNBC (“closed at $25 billion pre-money valuation”)3.13× vs prior closed	—Not disclosedNo run-rate stated in the announcement	CNBC, 23 Apr 2026Also: The Wall Street Journal, 26 Mar 2026
26 Mar 2026	Reported talks	Funding round (talks)The talks preceded the round Laskin confirmed as closed in April 2026. The $2.5B was the amount sought; no authority source states the amount that closed, so the closed row leaves it blank.	$2.5B (talks)Amount sought, per the WSJ	—Not disclosed	$25B (talks)Reported by the WSJ as sought (“in talks to raise $2.5 billion at a valuation of $25 billion”); not closed at the time	—Not disclosedTalks-stage or discussed figure; no multiple	The Wall Street Journal, 26 Mar 2026Also: Reuters, 26 Mar 2026, Bloomberg via The Straits Times, 11 Oct 2026
9 Oct 2025	Closed round	Funding roundTechCrunch: “a whopping 15x leap from its $545 million valuation just seven months ago” (exact step-up vs $545M: 14.68×, GNF calc.).	$2B	Nvidia	$8BReported by TechCrunch and Reuters (“$2 billion at an $8 billion valuation”); basis not stated14.68× vs prior closed	—Not disclosedNo run-rate stated in the announcement	TechCrunch, 9 Oct 2025Also: Reuters, 9 Oct 2025
7 Mar 2025	Closed round	Seed and Series AAnnounced at launch. Valuation conflict: SiliconANGLE’s launch report gives $555M, TechCrunch $545M; the page uses TechCrunch.	$130M$25M seed + $105M Series A	Seed: Sequoia, CRV; Series A: Lightspeed, CRV	$545MTechCrunch (Oct 2025) gives $545M; SiliconANGLE at launch reported $555M	—Not disclosedNo run-rate stated in the announcement	TechCrunch, 9 Oct 2025Also: SiliconANGLE, 7 Mar 2025, Lightspeed Venture Partners, Mar 2025

Step-up = valuation ÷ the prior closed valuation (GNF calc.). Talks, tenders and rounds without a stated valuation carry no step-up.

Valuation at each closed round

Closed rounds with a stated or reported valuation. Talks, tenders and rounds without a valuation are in the table, not the chart.

Seed + Series AMar 2025$545M
Oct 2025 roundOct 2025$8B
2026 roundApr 2026$25B (pre-money)

Sources: CNBC; The Wall Street Journal; Reuters; TechCrunch; SiliconANGLE; Lightspeed Venture Partners; Bloomberg via The Straits Times; Reuters via Business Standard. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

7 Mar 2025 · Closed
Seed and Series A: $130M at $545M, led by Seed: Sequoia, CRV; Series A: Lightspeed, CRV.
9 Oct 2025 · Closed
Funding round: $2B at $8B, led by Nvidia.
26 Mar 2026 · Talks
Funding round (talks): $2.5B (talks) at $25B (talks).
23 Apr 2026 · Closed
Funding round: amount not disclosed at $25B pre-money.

Still private: Reflection AI has not filed for an IPO and is not owned by a listed company; Nvidia, which led the October 2025 round, is a minority investor (TechCrunch). In October 2026 the Financial Times reported early talks in which Nvidia could deepen its investment, supply more computing power or acquire Reflection; no terms were agreed and the talks could fall apart (Reuters, Bloomberg). No deal had been announced as of 13 Nov 2026.

Cite this dataset

Free to quote with a link back. Copy this citation:

Reflection AI Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/reflection-ai/

Download the data

The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File: reflection-ai-rounds.csv (UTF-8, comma-separated)
Stable URL: https://growthnavigatefunding.net/wp-content/uploads/2026/11/reflection-ai-rounds.csv
Columns: id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated: 13 Nov 2026 (IST)

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Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Reported talks

A raise reported by the press as under discussion and not confirmed as closed. Not charted, not the last-closed valuation; no step-up or multiple.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

Compute and partnership deals (including any reported SpaceX or data-centre agreements), the amount of the 2026 round (not disclosed in an authority source), and secondary-market estimates.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

13 Nov 2026: Dataset first compiled (batch 3, not yet published).

Reflection AI Funding Rounds & Valuation History (2025–2026)