Huo Xing Cai Jing reports that Applied Compute, which builds dedicated intelligent agents for enterprises, has raised $80 million in funding, bringing its post-money valuation to $1.3 billion. Kleiner Perkins led the round, with participation from Elad Gil, Lux Capital, Greenoaks, NEO, Hana Bicapital, and others, bringing total raised capital to $160 million. Applied Compute’s mission is to bridge the gap between “smart” and “useful” through “Specific Intelligence.” These proprietary agents are trained on real-world company operations and designed to continuously evolve. They help organizations unlock their institutional context by training agents on specific workflows and performance metrics, then deploying them directly into production.
Applied Compute Completes $80M Funding Round, Valued at $1.3B
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Summary
Applied Compute closed an $80 million project funding round, reaching a $1.3 billion valuation. Kleiner Perkins led the round, with support from Elad Gil, Lux Capital, and others. The company has now raised a total of $160 million. Focused on AI and crypto news, Applied Compute builds proprietary AI agents trained on real business data to enhance productivity. The company aims to transform "smart" systems into "useful" tools through targeted intelligence.
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