Venice AI hits $1B valuation with $65M Series A

Venice AI raised a $65 million Series A at a $1 billion valuation, led by Dragonfly with Coinbase Ventures and North Island Ventures participating. The privacy-focused platform hosts over 200 uncensored AI models, serves 3 million active users, and processes 1.7 million API calls daily. The company is profitable with $70 million in annualized revenue.