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News 2026-09-24 10:45 UTC

UPDATE 1 — AI startup Island valued at $6.4 billion in latest funding round

(Adds details throughout) Sept 24 (Reuters) — AI startup Island said on Thursday it raised $400 million in a funding round that valued it at $6.4 billion. The Series F funding round was led by Evolution Equity Partners, with participation from existing investors Prysm Capital, Sequoia Capital, Coatue Management, Cybers