AI developer Emergent becomes a unicorn with a $1.5 billion valuation

AI-powered software development platform Emergent closed its $130 million Series C funding round, bringing the company's valuation to $1.5 billion.

While the company's valuation increased fivefold in the last four months, it achieved unicorn status within a year of its official launch. Creaegis led the funding round, with prominent investors such as…