Fundraising

Volteras wants to connect to more EVs than anyone else

For years, people have been worried — both rightly and otherwise — that electric vehicles could strain the grid to the breaking point. But as they spread, and as EV technology advances, some think these rolling battery packs could become a lifeline for the United States’ aging electrical system. “In the future, the electric vehicle will […]

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AMD buys silicon photonics startup Enosemi to fuel its AI ambitions

AMD has acquired Enosemi, a startup designing custom materials to support silicon photonics product development. The terms of the deal, announced Wednesday, weren’t disclosed. Silicon photonics uses light — photons — to transmit data, offering a faster and more efficient alternative to traditional electrical communication. AMD and other chipmakers have shown an increasing interest in the

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Context gets $11M to build an AI-powered office suite

Context, a startup building an AI-powered office suite, on Wednesday announced that it raised $11 million in a seed round led by Lux Capital with participation from Qualcomm Ventures and General Catalyst. The round, which brings the company’s total raised to around $15.75 million, values Context at $70 million. Founder Joseph Semrai, a Thiel Fellow,

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Atomic Canyon wants to be ChatGPT for the nuclear industry

Tech companies are betting heavily that nuclear power can help deliver the electricity they need to realize their AI plans. But data centers need power tomorrow, and the nuclear industry isn’t known for its speed. Trey Lauderdale thinks AI can give nuclear the speed that it needs. Lauderdale’s obsession with nuclear started close to home.

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Elon Musk’s Neuralink raises $600M at $9B valuation

Elon Musk’s brain implant startup, Neuralink, has raised $600 million in a funding round that values the company at $9 billion pre-money, Semafor reported, citing anonymous sources. Semafor did not mention the investors involved in the round. Neuralink last raised $43 million in venture capital, in November 2023, and was valued at about $5 billion

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Gridcare thinks more than 100 GW of data center capacity is hiding in the grid

Hyperscalers and data center developers are in a pickle: They all want to add computing power tomorrow, but utilities frequently play hard to get, citing years-long waits for grid connections. “All the AI data centers are struggling to get connected,” Amit Narayan, founder and CEO of Gridcare, told TechCrunch. “They’re so desperate. They are looking

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Vote for the sessions you want to see at Disrupt 2025

We were thrilled by the remarkable interest in speaking at TechCrunch Disrupt 2025, taking place October 27–29 at Moscone West in San Francisco. After an in-depth review process, we’ve selected 20 exceptional finalists—10 for breakout sessions and 10 for roundtables. Now, we’re putting the final decision in your hands. Audience Choice voting is open through

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LM Arena, the organization behind popular AI leaderboards, lands $100M

LM Arena, a crowdsourced benchmarking project that major AI labs rely on to test and market their AI models, has raised $100 million in a seed funding round that values the organization at $600 million, according to Bloomberg. Andreessen Horowitz (a16z) and UC Investments, which manages an investment portfolio for the University of California, led the

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