Temporal raises $300 million in Andreessen-led round amid AI agent boom

Software startup Temporal has raised $300 million in a funding round led by Andreessen Horowitz, valuing the company at $5 billion, as demand rises for infrastructure to support artificial intelligence systems, the company told Reuters.

The valuation doubles the $2.5 billion that the company reached after a secondary financing round in October led by GIC, Singapore’s sovereign wealth ‌fund.

Lightspeed Venture Partners ⁠and ⁠Sapphire Ventures joined the Series D round, along with existing investors including Sequoia Capital, Temporal said.