Accel

Tiny AI ERP startup Campfire is winning so many startups from NetSuite, Accel led a $35M Series A 

AI-powered accounting startup Campfire announced Monday that it has raised a $35 million Series A led by Accel, with participation from Foundation Capital, Y Combinator, Capital49, and angel investors including Mercury’s CFO Dan Kang. “Within nine months of formation, we had customers [with] north of 100 employees ripping out NetSuite and putting in Campfire,” founder […]

Tiny AI ERP startup Campfire is winning so many startups from NetSuite, Accel led a $35M Series A  Read More »

Seed to Series C: What VCs actually want from AI startups

AI investments hit $110 billion in 2024, and the funding landscape in 2025 is more competitive than ever. For early-stage startups, that means more money in the market, but also more pressure to stand out. At TechCrunch Sessions: AI, Rebecca Bellan sat down with three experienced investors: Jill Chase, Partner at CapitalG; Kanu Gulati, Partner

Seed to Series C: What VCs actually want from AI startups Read More »

New details emerge on Meta’s $14.3B deal for Scale

Meta’s deal to partially acquire the AI startup Scale, giving it 49% ownership, is certainly unusual. What Scale officially announced is that the deal values the company at over $29 billion and that it will “distribute” proceeds to shareholders and vested equity holders (aka employees) granting them with “substantial liquidity” while allowing them to continue

New details emerge on Meta’s $14.3B deal for Scale Read More »

Cut through the AI hype and learn what really gets funded in 2025

AI investments hit $110 billion in 2024, and the funding landscape is more competitive than ever. This panel at TechCrunch Sessions: AI features three expert panelists: CapitalG partner Jill Chase; Kanu Gulati, a partner at Khosla; and Accell partner Sara Ittelson. They talked about why people are probably too worried about crafting the perfect pitch

Cut through the AI hype and learn what really gets funded in 2025 Read More »

Build, don’t bind: Accel’s Sonali De Rycker on Europe’s AI crossroads

Sonali De Rycker, a general partner at Accel and one of Europe’s most influential venture capitalists, is bullish about the continent’s prospects in AI. But she’s wary of regulatory overreach that could hamstring its momentum. At a TechCrunch StrictlyVC evening earlier this week in London, De Rycker reflected on Europe’s place in the global AI

Build, don’t bind: Accel’s Sonali De Rycker on Europe’s AI crossroads Read More »

Vibe coding helps Supabase nab $200M at $2B valuation just seven months after its last raise

In 2020, when open source database Supabase was founded, its New Zealand-based CEO, Paul Copplestone, couldn’t have imagined it would be sitting in the sweet spot for 2025’s biggest trend: vibe coding.  But on Tuesday, the fruits of that became evident when it announced a $200 million Series D at a $2 billion post-money valuation

Vibe coding helps Supabase nab $200M at $2B valuation just seven months after its last raise Read More »

Scimplify raises $40M to help manufacturers access specialty chemicals

Scimplify, an Indian startup that helps pharmaceutical and agriculture companies access a range of specialty chemicals, has raised $40 million in a new funding round co-led by Accel and Bertelsmann Investments to widen its footprint in the U.S. and reach new markets. The Series B round pegs Scimplify’s valuation at about $150 million post-money, the

Scimplify raises $40M to help manufacturers access specialty chemicals Read More »