Fundraising

Atlassian rival Linear raises $82M at $1.25B valuation

Linear, an enterprise software maker that competes with many of Atlassian’s products, on Tuesday announced that it raised $82 million in a Series C funding round led by Accel. The round, which also had participation from 01A, Sequoia, Seven Seven Six, and Designer Fund, values Linear at $1.25 billion and brings the company’s total raised […]

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Figure AI CEO skips live demo, sidesteps BMW deal questions on stage at tech conference

Brett Adcock, co-founder and CEO of the humanoid robotics startup Figure AI, made a rare public appearance at the Bloomberg Tech conference on Thursday. Figure has recently been the subject of a couple of news articles that questioned its progress with marquee customer BMW. Figure objected so strenuously to at least one of these reports

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Cursor’s Anysphere nabs $9.9B valuation, soars past $500M ARR

Anysphere, the maker of AI coding assistant Cursor, has raised $900 million at a $9.9 billion valuation, Bloomberg reported. The round was led by a returning investor Thrive Capital, with participation from Andreessen Horowitz, Accel and DST Global. The massive round is Anysphere’s third fundraise in less than a year. The three-year-old startup secured its

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Toma’s AI voice agents have taken off at car dealerships – and attracted funding from a16z

When Monik Pamecha co-founded AI voice startup Toma in early 2024, he hadn’t anticipated spending the summer months sweating in Bible Belt car dealerships. He and co-founder Anthony Krivonos were still focused on banking and healthcare customers when the dealers came knocking.  “They just called us up and said ‘we are drowning in phone calls,’”

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Bolttech closes Series C at $147M with a $2.1B valuation to bolster its embedded insurance offerings

For many companies selling ancillary services or products (think insurance), the biggest problem when selling online is having their offering be surfaced at the right moment in the customer’s purchase journey — exactly when the customer’s most likely to spend that extra dollar to sweeten the deal. With more and more shopping moving online, companies

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Google places another fusion power bet on TAE Technologies

Nobody said that commercializing fusion power would be cheap or quick. TAE Technologies said this week it raised another $150 million in a funding round that included investments from existing backers Google, Chevron, and New Enterprise associates.   By the nearly 30-year-old company’s counting, it’s TAE’s 12th round of investment. To date, it has raised

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One week left to boost your brand with a Side Event at TC All Stage

Want to connect with 1,000+ founders, investors, and tech leaders gathering in Boston for TechCrunch All Stage on July 15? Apply by June 10 to host a Side Event during “TC All Stage Week” (July 13–19) — and put your brand front and center. Whether you’re planning a workshop, cocktail hour, product demo, or panel

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Speedata, a chip startup competing with Nvidia, raises a $44M Series B

Speedata, a Tel Aviv-based startup developing an analytics processing unit (APU) designed to accelerate big data analytic and AI workloads, has raised a $44M Series B funding round, bringing its total capital raised to $114M. The Series B round was led by its existing investors, including Walden Catalyst Ventures, 83North, Koch Disruptive Technologies, Pitango First,

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Elon Musk’s xAI reportedly looks to raise $300M in tender offer

Billionaire Elon Musk’s AI startup, xAI, is reportedly launching a $300 million share sale that values the company at $113 billion. According to The Financial Times, the secondary stock offering, which comes after xAI acquired Musk’s social media platform, X, for $33 billion, will allow staff to sell shares to new investors. The tender offer

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