[N] HuggingFace reported to be reviewing term sheets for a funding round that could raise at least $200M at a valuation of $4B.

Link to article: https://www.forbes.com/sites/alexkonrad/2023/07/13/ai-startup-hugging-face-raising-funds-4-billion-valuation/

**AI Startup Hugging Face Is Raising Fresh VC Funds At $4 Billion Valuation**

Hugging Face is raising a new funding round that is expected to value the high-flying AI startup at $4 billion, multiple sources with knowledge of the matter tell Forbes.

The Series D funding round is expected to raise at least $200 million, two sources said, with Ashton Kutcher’s venture capital firm, Sound Ventures, currently leading an investor scrum. But cofounder and CEO Clément …

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