CapitalG (formerly Google Capital) is an independent growth fund under Alphabet Inc.
According to Fortune, live streaming e-commerce platform Whatnot completed a $545 million Series G funding round, with its valuation nearly doubling from $11.5 billion in October 2025 to $20 billion. The round was led by ICONIQ, Lightspeed, and Avra, with new investors including Kleiner Perkins, Wellington Management, and others, while existing shareholders such as Andreessen Horowitz, DST Global, and CapitalG continued to participate. Since its founding in 2019, Whatnot has raised approximately $1.5 billion in total funding, expanding its business from collectibles to hundreds of categories including designer bags and fresh food, covering multiple national markets, and surpassing 1 billion in order volume.
OpenRouter, an AI model aggregation platform founded by Alex Atallah, co-founder of OpenSea, has announced a $113 million Series B funding round led by CapitalG. OpenRouter stated that its weekly transaction volume has grown from 5 trillion tokens to 25 trillion tokens over the past six months. The company noted that as AI rapidly transitions from experimental stages to production environments, its platform’s business scale continues to expand.
Alex
OpenRouter, an AI model aggregation platform founded by OpenSea co-founder Alex Atallah, has announced the completion of a $113 million Series B funding round, led by CapitalG, the growth fund under Alphabet, Google's parent company.Other participants in this funding round include a16z, Menlo Ventures, NVentures (affiliated with NVIDIA), as well as ServiceNow, MongoDB, Snowflake, and Databricks. The company's valuation has now exceeded $1 billion.
Alex
NVIDIA
Snowflake