News · Press release
Pugalarity Labs raises $4.2 quadrillion Series Z at a valuation of one (1) very good boy
· Couch Valley
COUCH VALLEY — Pugalarity Labs, the safety-focused superintelligence company, today announced a $4.2 quadrillion Series Z financing round. The round values the company at one (1) very good boy.
The financing was led by Kibble Collective and Lapdog Ventures, with participation from Sunbeam Sovereign Fund, Squeak & Partners, and Late Brunch Partners. It brings the company’s total funding to more than every other number.
“This round allows us to scale responsibly. Responsibly, in this context, means a lot of couches.”
Use of proceeds
Pugalarity Labs intends to allocate the new capital as follows:
- 40%
- Compute, including an additional 6,000 couches
- 30%
- Snacks
- 20%
- Talent, compensated in kibble
- 10%
- A larger bed
“We have seen a lot of pitch decks. This is the first one that was also asleep for most of the meeting. That is the kind of conviction we back.”
Our investors
Kibble Collective
Lapdog Ventures
Sunbeam Sovereign Fund
Squeak & Partners
Late Brunch Partners
About Pugalarity Labs
Pugalarity Labs is building safe, beneficial superintelligence that is also very good at sitting. The company’s flagship model, Snort-1, is available in private preview. Join the waitlist.
Media contact
Please bark.
Forward-looking statements
This announcement contains forward-looking statements, including statements about future naps. Actual results may differ materially, particularly if someone opens a bag.