Island completed a Series F financing of 400 million dollars at a valuation of 6.4 billion dollars, led by Evolution Equity Partners

According to a report by Reuters, the artificial intelligence startup Island announced the completion of a $400 million Series F financing round, led by Evolution Equity Partners, with participation from existing investors Prysm Capital, Sequoia Capital, Coatue Management, Cyberstarts, Insight Partners, and JP Morgan Growth Equity Partners.

The company's valuation has reached $6.4 billion, and the new funds will drive the company into the next phase of growth and innovation, helping businesses expand the application scale of AI agents and modernize work methods.