Former Twitter CEO Parag Agrawal’s AI search startup secures $100 million funding
14 Nov 2025 | Category: Technology
Former Twitter CEO Parag Agarwal launched his AI startup called Parallel Web Systems in August this year. Now a Reuters report suggests that Agarwal has raised $100 million in Series A funding to build infrastructure that enables artificial intelligence agents to search the live web. The funding round values the company at $740 million and marks a major step in Agrawal’s vision to reshape how machines interact with online content. What Parag Agrawal’s AI startup does
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