Another day, another nine-figure round for a nuclear startup. Radiant Nuclear said today that it has raised more than $300 million, just one day after Last Energy said it had raised $100 million. Three weeks ago, X-energy raised $700 million, and in August, Aalo Atomics raised $100 million. Heck, Radiant itself raised $165 million just […]
Radiant Nuclear raises $300M for its semi-sized 1 MW reactor Read More »
Investors are continuing to rally behind the call to reindustrialize American industry, this time by building out a $260 million war chest for automated manufacturing startup Hadrian to scale its factory footprint and make even more machine parts. Hadrian’s aim is to modernize American manufacturing by leveraging advance automation to deliver mass-produced parts for aerospace
Hadrian raises $260M to build out automated factories for space and defense parts Read More »
Former Founders Fund GP Brian Singerman and co-founder and managing partner of Quiet Capital, Lee Linden, are seeking over $500 million for a new fund called GPx, three people familiar with their strategy told TechCrunch. A significant portion of GPx’s fund, potentially as much as 50%, will come from Founders Fund co-founder Peter Thiel, these
Brian Singerman’s new fund has a twist, and Peter Thiel as a big backer Read More »
Kalshi just raised a $185 million round, led by crypto-focused VC firm Paradigm, bringing the company’s valuation to $2 billion post-money, representatives from Paradigm and Kalshi confirmed to TechCrunch. “Prediction markets remind me of crypto 15 years ago: a new asset class on a path to trillions,” Matt Huang, co-founder and managing partner at Paradigm,
Kalshi closes $185M round as rival Polymarket reportedly seeks $200M Read More »
Spend management startup Ramp announced on Tuesday that it raised a $200 million Series E led by its largest investor, Founders Fund, at a post money $16 billion valuation. This is a jaw-dropping $3 billion increase over the $13 billion valuation Ramp announced just a few months ago in March from a $150 million secondary
In just 3 months, Ramp’s valuation jumped to $16B from $13B Read More »
Spend management startup Ramp announced on Tuesday that it raised a $200 million Series E led by its largest investor, Founders Fund, at a post-money valuation of $16 billion. This is a jaw-dropping $3 billion increase over the $13 billion valuation Ramp announced just a few months ago in March, after a $150 million secondary
In just 3 months, Ramp’s valuation jumped to $16B, up from $13B Read More »
Founders Fund has led another, enormous round for defense tech startup Anduril with a $1 billion investment as part of a new $2.5 billion raise, the largest check the firm has ever written. Existing investors also piled in, an Anduril spokesperson tells TechCrunch. Anduril has now doubled its valuation to $30.5 billion with this series
Anduril raises $2.5B at $30.5B valuation led by Founders Fund Read More »
Peter Thiel’s Founders Fund has completed the raise of its third growth fund, according to an SEC filing. Beyond the sum — which is a big step up from its last previous $3.4 billion growth fund closed in early 2022 — there’s a couple of other interesting things to note about this raise. For one, it’s more
Founders Fund’s new $4.6B fund indicates an era of big VC spending Read More »
During the COVID-19 pandemic, mortgage interest rates dropped to historic lows — as low as 2.5%. Fast-forward a few years and rates soared — to highs nearing 8% in 2023, with the national average 30-year fixed mortgage APR as of April 1 still at 6.84%. The whiplash has left many people seeking to buy homes
Founders Fund is on track to conclude fundraising of its third growth fund at the end of March, according to people close to the firm. The Peter Thiel-founded outfit is raising $3 billion, a source told TechCrunch and Axios also reported. The fund, which is intended primarily for additional investments in its successful late-stage portfolio
Founders Fund is about to close another $3B fund Read More »
