Base Power has built one of the largest battery storage systems in Texas in two years — and now it wants to grow faster. The Austin-based startup, which had raised $200 million in April, is back with another $1 billion in funding. The Series C round was led by Addition with participation from CapitalG, Elad […]
Base Power raises $1B to deploy home batteries everywhere Read More »
Sales automation startup Clay has raised a $100 million Series C at a $3.1 billion valuation in a round led by CapitalG, confirming TechCrunch’s report from June. The financing follows a $1.25 billion Series B round from six months ago and a $1.5 billion Sequoia-led tender offer announced a couple of months ago, which allowed
Clay confirms it closed $100M round at $3.1B valuation Read More »
AI storage platform Vast Data is in talks with Alphabet’s venture arm CapitalG and existing backer Nvidia to raise a fresh round that could value the startup at up to $30 billion, Reuters reported, citing two sources. TechCrunch reported last month that Vast Data was working to raise funds at a $25 billion valuation. The
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 »
Clay, a sales automation startup, has raised a Series C round at an approximate $3 billion valuation, led by Capital G, according to three sources with knowledge of the deal. Clay and Capital G didn’t respond to a request for comment. The new round comes just a month after the New York startup announced that
Clay secures a new round at a $3B valuation, sources say Read More »
Dutch payments firm Adyen now has a market cap of over $61 billion, but that didn’t stop its cofounder Arnout Schuijff from stepping down in 2021 to focus on his new startup, Tebi. Now an Amsterdam-based fintech startup with 35 employees, Tebi helps restaurants, bars and other hospitality businesses manage their operations with an all-in-one
Making a bet on AI startups has never been so exciting — or more risky. Incumbents like OpenAI, Microsoft, and Google are scaling their capabilities fast to swallow many of the offerings of smaller companies. At the same time, new startups are reaching the growth stage much faster than they historically have. But defining “growth
Why investing in growth-stage AI startups is getting riskier and more complicated Read More »
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 »
Talk to many architects, and they’ll likely tell you that Autodesk’s software, including AutoCAD and Revit, has been indispensable to their work for decades. But despite their widespread use, Autodesk’s former co-CEO and chief product officer Amar Hanspal says that the architecture, engineering, and construction (AEC) industry is using 20th century tools to design 21st
Ex-Autodesk execs snag $46M to build the next gen of architecture design Read More »
David Krane is in an enviable position. As the CEO of GV, the venture firm that is funded entirely by Google to the tune of $1 billion a year, his team of roughly 100 gets to make a lot of bets — with just a couple of notable restrictions. During a TechCrunch StrictlyVC event in
GV, the VC team backed by Google, has a broad remit, but it can’t do one thing Read More »
