OpenAI researcher Miles Wang in talks to launch AI drug discovery startup valued at $2B
The funding discussions point to investor interest in applying AI to make breakthroughs in life sciences.
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David Beckham’s health drink startup IM8 takes $1B from General Catalyst’s unusual CVF fund
General Catalyst’s Customer Value Fund doesn't make equity investments. It's providing $1 billion for IM8, known for its longevity vitamin drink.
Hermes agent maker Nous Research in talks for new funding at $1.5B valuation
The company is raising at least $75 million, led by Robot, with significant participation from USV and other prominent investors.
Reed Jobs would rather talk about curing cancer than his last name
When we last sat down with Jobs at TechCrunch Disrupt nearly three years ago, his firm Yosemite was brand new and biotech was still reeling from its p…
Filing: College app Fizz accuses VC of sharing confidential startup information with rival Sidechat
Fizz has expanded its lawsuit against rival Sidechat, alleging that a Maveron VC shared its confidential information obtained during a fundraising mee…
Charles Hudson shares the common mistakes he’s seen after investing in 500+ startups
In this week’s episode of Build Mode, Isabelle Johannessen talks with Precursor Ventures' Charles Hudson about the headwinds facing early-stage founde…
Mercor is in talks for a $20B valuation
A new $20 billion valuation would be a giant step up from the $10 billion valuation it reached in October.
Paris-based AI voice startup Gradium raises $100M seed, backed by Nvidia
The Paris-based ElevenLabs competitor, just announced a hefty seed extension round.
Nandan Nilekani leaves GP role at Fundamentum as it launches $200M third fund
Nilekani remains Fundamentum's anchor investor as the firm expands its leadership team and targets AI and fintech startups in India.
Crypto VC firm Paradigm raises $1.2B to invest in ‘technical frontier’ startups
Paradigm, the VC firm founded in 2018 to back crypto startups, raised a $1.2 billion Fund III.
Solo GP Ashley Smith announces second $25M fund to back startups in AI, security and more
Vermilion Cliffs Ventures announced Wednesday the close of a $25 million Fund II.
Chemistry Ventures is raising $500M for its second fund
Chemistry Ventures, the VC firm launched by Bessemer, Index Ventures, and Andreessen Horowitz alums, is raising $500M for its second fund.
AI law startup Norm raises $120M, hits unicorn valuation
AI law startup Norm has raised a $120 million Series C round led by Kholsa Ventures, valuing the startup at $1.2 billion.
What is Bending Spoons? The little-known AOL and Vimeo owner that’s now public
Bending Spoons remains largely unknown, even as its portfolio of products has served more than a billion people.
Almost 90 new unicorns have been minted so far this year — here they are
With AI igniting an investor frenzy, more startups are achieving unicorn status every month.
Thiel Capital’s Jack Selby nabs stakes in hot startups like Etched through Arizona connections
Selby's VC firm, Copper Sky Capital, is currently raising a $300 million second fund, according to a regulatory filing.
Melinda Gates’ venture firm backs Magnify Ventures’ $46.6M Fund II
Early-stage firm Magnify Ventures has raised a $46.6 million Fund II from LPs including Melinda French Gates’ Pivotal Ventures
Bending Spoons defies SaaS slump, surges 40% on first day of trading
The company has grown rapidly by acquiring and revamping last-generation tech brands like AOL, Eventbrite, Evernote, Meetup, and Vimeo.
After $18B IPO, Bending Spoons founder says success comes from minimizing luck
The co-founders of Bending Spoons, the Italian company quietly buying beloved, ailing Internet brands, learned big lessons from their own startup's fa…
Ashton Kutcher leaving Sound Ventures to launch new VC firm with Morgan Beller
The actor and investor is joining forces with Morgan Beller, who was previously a GP at NFX, to invest in early-stage startups.
The DeepMind trio who built a poker AI are now making money for quant hedge funds
EquiLibre Technologies, a Prague-based AI lab founded by three ex-DeepMind researchers, is now valued at more than $500 million.
Novak Djokovic has a new job — advisor to private equity firm General Atlantic
General Atlantic has tapped tennis legend Novak Djokovic to serve as a global strategic advisor.
Patronus AI lands $50M to build ‘digital worlds’ that stress-test AI agents
Agent-testing startup Patronus AI, founded by former Meta AI researchers, is experiencing nearly insatiable demand, its investor says.
Valor Equity Partners looks to raise a $2.5B Fund VII, per Bloomberg
New details have emerged about Valor's latest fund, which last year announced it was raising an unspecified amount of capital.
How to invest when everything is moving too fast
TechCrunch's StrictlyVC evening in Los Angeles late last week brought together two of the more straight-talking investors working in AI right now. The…
After betting the firm on Anthropic, Menlo Ventures raises victorious $3B fund
Menlo has created a solid rep for itself as an AI investor, all based on one gutsy $750 million move in 2024.
The founder conference built for growth: TechCrunch Founder Summit pass rates increase June 26
Save up to $190 on your pass to TechCrunch Founder Summit 2026 by June 26, 11:59 p.m. PT. Designed for founders first on November 4 in Boston. Registe…
Seedcamp raises $320M for its new fund to expand its US footprint
After 18 years of focusing on Europe, early-stage investor Seedcamp said that it has raised $320 million for its latest fund which will see it expandi…
The 11 standout startups from YC’s Demo Day, according to VCs
TechCrunch spoke to investors to find the hottest startups in the Spring 2026 YC batch. Some of them commanded valuations of over $175 million, VCs sa…
Chi-Hua Chien saw Facebook coming; now he says the real AI winners won’t be selling AI
Chi-Hua Chien has spent more than two decades as a venture capitalist, but he thinks like a cultural anthropologist.