Venture capital firm Atomico’s annual State of European Tech report is out and it shows investment is trending upwards. But this year’s edition goes beyond the usual assessment of the tech ecosystem; it has become a piece of advocacy that reflects a broader shift: European startups and investors are increasingly turning to lobbying. “It’s no […]
European tech gets political | TechCrunch Read More »
AI data center provider Lambda announced Tuesday it raised $1.5 billion in a round led by TWG Global, a relatively new $40 billion investment firm formed by billionaires Thomas Tull, the former owner of Legendary Entertainment, and Guggenheim Partners founder and CEO Mark Walter. TWG holds a variety of the billionaires’ assets, including Walter’s stakes
AI data center provider Lambda raises whopping $1.5B after multi-billion Microsoft deal Read More »
These days, it’s not easy to be a limited partner who invests in venture capital firms. The “LPs” who fund VCs are confronting an asset class in flux: funds have nearly twice the lifespan they used to, emerging managers face life-or-death fundraising challenges, and billions of dollars sit trapped in startups that may never justify
‘Our funds are 20 years old’: limited partners confront VCs’ liquidity crisis Read More »
In 2023, Tayla Cannon moved from Australia to the U.S. for a job in a city she’d never seen before. “No family, no friends, just a fresh start,” she told TechCrunch. A sufferer of chronic back pain, she first started working in physiotherapy, thinking it was helping make a difference in the lives of others. Yet the traditional physiotherapy model never quite lit a spark in her. She moved
A new report from the International Energy Agency (IEA) shows that $580 billion will be spent globally on AI data centers in 2025 alone. This is $40 billion more than will be spent on new oil supplies — leading us to conclude that data centers are the new oil fields. But is this a net positive for the environment or just a different kind of resource drain? On TechCrunch’s Equity podcast, Kirsten
Are data centers the new oil fields? Read More »
In the debut episode of the Build Mode podcast, host Isabelle Johannessen sits down with Deon Nicholas, co-founder of Forethought AI, to unpack what it really takes to build a lasting company with and for your customers from day one. Build Mode is TechCrunch’s new podcast that pulls back the curtain on how startups actually get built — the messy, tactical, real-talk version. Season 1: Product, Meet Market, goes beyond product-market fit to explore
Build Mode Starts at the Beginning: How Forethought AI Found Product-Market Fit Read More »
When the hosts of the popular “All-In” podcast launched their own tequila brand at a star-studded party last June, all 750 bottles of the $1,200 spirit quickly sold out. But getting those bottles into customers’ hands has proven harder than expected. The long-awaited bottles of Besties All-In tequila began shipping last week to those who
In this episode, TechCrunch’s editor-in-chief Connie Loizos and StrictlyVC’s Alex Gove sit down with Winston Weinberg, co-founder and CEO of Harvey, the legal AI startup that’s quietly become one of the most talked-about companies in Silicon Valley. Winston shares the origin story of how a first-year associate at legal giant O’Melveny used GPT-3 for Dungeons
Why Harvey’s hardest problem isn’t AI, it’s multi-entity collaboration Read More »
January Ventures co-founder Jennifer Neundorfer stopped by the Equity podcast during TechCrunch Disrupt to chat about fundraising in this very AI-driven market. Founders and investors alike are obsessed with AI, and even Neundorfer said her firm is looking at ways to use AI to make their work more efficient, such as helping to do due diligence on the market and competition.
VC Jennifer Neundorfer explains how founders can stand out in a crowded AI market Read More »
Gamma, a startup that creates AI-generated presentations, websites, and social media posts, announced on Monday a $68 million Series B round at a $2.1 billion valuation led by Andreessen Horowitz. Co-founder and CEO Grant Lee posted on X that the company has profitably hit $100 million in ARR, with 70 million users. The startup hit $50 million profitably in its first two years, Lee previously posted. Gamma last raised a $12 million Series A round led by Accel in 2024. Gamma isn’t exactly a
AI PowerPoint-killer Gamma hits $2.1B valuation, $100M ARR, founder says Read More »
