fundraising

At least 80 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.   […]

At least 80 new tech unicorns were minted in 2025 so far Read More »

Supabase hit $5B by turning down million-dollar contracts. Here’s why.

Startups /

Vibe coding has taken the tech industry by storm, and it’s not just the Lovables and Replits of the world that are winning. The startups building the infrastructure behind them are cashing in too.  Supabase, the open-source database platform that’s become the backend of choice for the vibe-coding world, raised $100 million at a $5 billion valuation just months after closing $200 million at $2 billion. But co-founder and CEO

Supabase hit $5B by turning down million-dollar contracts. Here’s why. Read More »

How founders can prepare for their late-stage fundraises from the start

Startups /

Raising a $250 million Series D round may seem like a distant and unnecessary distraction to startup founders pitching investors for that first $1 million in seed money. But it shouldn’t be, according to several founders and venture capitalists. In their view, founders should be charting out a strategy for those later stage fundraises from

How founders can prepare for their late-stage fundraises from the start Read More »

Sequoia unveils $950M in new early-stage funds as it strives to be ‘only as good as our next investment’

Venture /

Despite the growing chatter of an AI bubble, Sequoia Capital insists its investment approach is unswayed by the market frenzy. “Markets go up and down, but our strategy remains consistent. We’re always looking for outlier founders with ideas to build generational businesses,” said Bogomil Balkansky, a partner on Sequoia’s early-stage investment team. To prove this

Sequoia unveils $950M in new early-stage funds as it strives to be ‘only as good as our next investment’ Read More »

Redwood Materials raises another $350M to power up its energy storage business

Transportation /

Battery recycling and cathode production company Redwood Materials has raised $350 million as it grows its new energy storage business in a bid to power the AI data center boom. The Series E round, led by venture firm Eclipse, also included a new strategic investment by Nvidia’s venture capital arm, NVentures. The company’s valuation was

Redwood Materials raises another $350M to power up its energy storage business Read More »

How emerging Mubadala-backed AAF is winning VC deals in some of the hottest startups

Venture /

It’s been almost a decade since Omar Darwazah and Kyle Hendrick launched AAF Management and its first fund of $25 million in 2017.  Rather than racing to dramatically increase their assets under management like many funds have in recent years, the partners have intentionally kept their fund sizes small, even as their reputation and returns

How emerging Mubadala-backed AAF is winning VC deals in some of the hottest startups Read More »

A new search engine raises $1.1M to let obsessive fans dive down internet rabbit holes

Social /

Zehra Naqvi, 26, grew up as an obsessive fan girl in the 2010s.  This was the era of Tumblr and Twitter. She would stay up all night breaking down the release dates of Marvel movies or analyzing the movements of One Direction members. She eventually gained a collective 250,000 followers across the two platforms.  “Those

A new search engine raises $1.1M to let obsessive fans dive down internet rabbit holes Read More »

A year after filing to IPO, still-private Cerebras Systems raises $1.1B

Enterprise /

Nvidia rival Cerebras Systems raised a new round of private financing despite its previous plan be trading on the public market by 2025.   Silicon Valley-based Cerebras announced it raised a $1.1 billion Series G round on Tuesday that valued the AI hardware company at $8.1 billion. The round was co-led by Fidelity and Atreides Management with participation from Tiger Global, Valor Equity Partners, and 1789 Capital, among others.   Cerebras,

A year after filing to IPO, still-private Cerebras Systems raises $1.1B Read More »

Doorstep raises $8M seed to help find missing food deliveries

Venture /

One day, Shashwat Murarka sat in his college apartment thinking about his relationship with food delivery. Sometimes, the order never arrived, and he had to wander through his apartment building, looking for the misplaced food. Other times, he found himself giving step-by-step directions to confused deliverers who, it seemed, were just as annoyed as he. 

Doorstep raises $8M seed to help find missing food deliveries Read More »

Alloy is bringing data management to the robotics industry

Startups /

Robotics companies often have to deal with a simple but confounding problem: Robots produce a lot of data. Even a simple robot can easily produce up to a terabyte of data per day, since  they continuously capture data from cameras and sensors. Sydney, Australia-based Alloy thinks it can help with that issue: the startup is building data infrastructure for robotics companies to help them process

Alloy is bringing data management to the robotics industry Read More »