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Sep 14, 2026

Temporal raises $550 million at $12.6 billion valuation in Lightspeed-led round

Temporal has raised $550 million in a Series E funding round led by Lightspeed, more than doubling its valuation to $12.55 billion in seven months. The software startup is seen as benefiting from the AI boom, with CEO Samar Abbas discussing AI safety concerns and the need to audit AI agents.

Sep 14, 2026·2 sources
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Top claims

  • ▪SV Angel and accounts advised by T. Rowe Price Associates participated in Temporal's September 14, 2026 funding round, while Andreessen Horowitz, Sequoia Capital, and GIC returned as investors.
  • ▪Temporal, which employs 570 people, plans to use the $550 million in funding to expand its global operations and deepen platform research and development.
  • ▪Temporal makes open-source software that helps applications, including AI agents, recover from failure, reducing the need for engineers to write custom recovery code.

Topics

AI safety & social impactAI agentsVenture capitalAI startups