London-based AI meeting app, Granola, has raised $125 million in a Series C round led by Danny Rimer at Index Ventures, with participation from Mamoon Hamid at Kleiner Perkins. The round values Granola at $1.5 billion, a sixfold increase from its $250 million valuation a year ago. The funding brings total funding to $192 million. Granola records meeting audio locally rather than sending a bot into the call, transcribes the conversation, generates structured notes, and makes these notes searchable across an organisation. The company argues that the real value is in making the knowledge locked inside conversations accessible to other systems. The firm also launched a Model Context Protocol server and two new APIs, one personal-grade and one enterprise-grade, to integrate meeting context into external AI workflows.