Startups

At least 36 new tech unicorns were minted in 2025 so far

Startups /

With AI igniting an investor frenzy, every month, more startups obtain unicorn status. Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year. While most are AI-related, a surprising number are focused in other industries like satellite space companies like Loft Orbital and blockchain-based trading site […]

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At least 36 new tech unicorns were minted in 2025 so far

Startups /

With AI igniting an investor frenzy, every month, more startups obtain unicorn status. Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year. While most are AI-related, a surprising number are focused in other industries like satellite space companies Loft Orbital and blockchain-based trading site Kalshi.  

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Who is Soham Parekh, the serial moonlighter Silicon Valley startups can’t stop hiring?

Startups /

In the last week, social media users have shared dozens of stories about encounters with Soham Parekh, a software engineer who seems to have been simultaneously working at multiple Silicon Valley startups — unbeknownst to the companies — for the last several years. But who is Parekh, how did he pull off his career as

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Stripe’s first employee, the founder of fintech Increase, sort of bought a bank

Startups /

It’s an open secret in the fintech world that the founder and CEO of startup Increase, Darragh Buckley, has been trying for years to “buy a bank,” as one person familiar with the landscape told TechCrunch.  A couple of weeks ago, he basically succeeded.  He bought a big enough stake in Twin City Bank to

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Castelion is raising a $350M Series B to scale hypersonic missile business

Startups /

Hypersonic weapons startup Castelion is raising a $350 million Series B led by Lightspeed Venture Partners and Altimeter Capital, according to sources and documents viewed by TechCrunch. The round, which values the company in the billions, is anticipated to close in a matter of weeks. A term sheet has been signed. The new round comes

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Robinhood’s co-founder is beaming up (and down) the future of energy

Startups /

Robinhood’s Baiju Bhatt has a new mission: solar power from space. Fresh off a $50 million Series A raise, Robinhood co-founder Baiju Bhatt is going all-in on space-based solar power. His new startup, Aetherflux, wants to launch solar power-collecting satellites into low Earth orbit, with a demo flight set for 2026, and to transmit clean

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Learn a founder-focused approach to anxiety at TC All Stage

Startups /

Startups demand constant decision-making and pressure-filled pivots, which bring big emotional swings. It’s no wonder anxiety shows up at every stage. But what if it didn’t have to be a liability? At TechCrunch All Stage 2025 on July 15 at Boston’s SoWa Power Station, Dr. David H. Rosmarin, clinical psychologist, author, and Harvard Medical School

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Figma moves closer to a blockbuster IPO that could raise $1.5B

Startups /

Figma publicly shared its financials Tuesday, inching the design software company closer to an IPO. And while this initial S-1 is missing details such as number of shares to be offered and what price, the regulatory filing provides the clearest view yet of its financial health — and potential. IPO experts Renaissance Capital estimate that

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Road to Battlefield: Central Eurasia’s Gateway to TechCrunch Startup Battlefield

Startups /

Historic regional competition launches to showcase Central Eurasia’s rising startup ecosystem on Silicon Valley’s biggest stage. For the first time in its history, Central Eurasia will have a direct pathway to TechCrunch Startup Battlefield through the launch of “Road to Battlefield,” a groundbreaking regional competition that promises to put the underrepresented region firmly on the

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