Sequoia Capital Has Discussed Funding AI Reasoning Startup Cofounded by Robinhood CEO

Vlad Tenev, co-founder and CEO of Robinhood and co-founder of Harmonic. Photo by Bloomberg via Getty.

One of the newest entrants in the race to develop artificial intelligence that can reason through problems is about to raise a bunch more money.

Harmonic, a startup cofounded last year by Robinhood CEO Vlad Tenev and self-driving vehicle entrepreneur Tudor Achim, has been in talks to raise funding from investors including Sequoia Capital and Index Ventures, according to an investor at a firm that has considered investing and a person briefed on the deal.

The fundraising could total $50 million at a $250 million valuation before the new capital, according to one of the people. It would follow early investments from Quora founder Adam D’Angelo, DST Global’s Yuri Milner and Ribbit Capital founder Micky Malka, according to documents shared with prospective investors.