Index Ventures knocked out of leading Town's round over conflicts; AI startup raising $90M at $1B
annatonger · x · 2026-09-04
Per an Upstarts Media scoop, concerns from shareholder Instinct over conflicts pushed Index Ventures out of leading AI assistant startup Town's new round. Sources say Town is moving ahead with a $90M raise at a $1B valuation, co-led by two other firms.
Related event: AI Assistant Startup Town Raises $90M at $1B Valuation as Index Exits(2 posts)→
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