AI food platform Wonder has raised $650 million in a new financing round, according to Fortune, with participation from Accel, Google Ventures (GV), and NEA. New investors in the round include ARK Invest, AllianceBernstein, and Kayne Anderson, while Goldman Sachs, Jefferies, and JPMorgan served as financing arrangers. The company is developing an AI platform called MEL that analyzes users’ biometrics and physical condition to automatically plan and order meals tailored to individual needs. Fortune said the financing values Wonder at $9 billion on a post-money basis. Wonder is also planning to begin an initial public offering process early next year, adding a public-markets angle to one of the larger recent funding rounds tied to consumer-facing AI applications.
AI food platform Wonder has raised $650 million in a financing round, according to Fortune, with Accel, Google Ventures (GV), and NEA among the participating investors. New investors included ARK Invest, AllianceBernstein, and Kayne Anderson. Goldman Sachs, Jefferies, and JPMorgan acted as financing arrangers.
Wonder is developing an AI platform called MEL that analyzes users’ biometrics and physical condition to automatically plan and order meals tailored to individual needs.
The round gives the company a post-money valuation of $9 billion. Wonder also plans to launch an initial public offering early next year.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
