Kalshi Raises $1 Billion, Boosting Its Valuation to $11 Billion
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- Kalshi raised $1 billion in the latest fundraising cycle.
- The latest capital raise gives the prediction platform an $11 billion valuation.
- Kalshi recently won a legal battle in a California court.
According to reports, Kalshi, a prediction market that allows people to bet on future events, has raised $1 billion two months after a previous fundraising cycle that saw the company raise $300 million at a $5 billion valuation.
Kalshi’s latest $1 billion fundraising round values the company at $11 billion, with returning investors including Sequoia and Capital IG leading the process. Other investors involved in the fundraising event include renowned VCs such as Andreessen Horowitz, Paradigm, Anthos Capital, and Neo.
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Kalshi’s Recent Legal Boost
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