Rubrik shares hit the New York Stock Exchange Thursday, debuting at $38 a share. The cybersecurity company priced its shares at $32 apiece Wednesday night, just a hair over its initial target range of $29 to $31 after raising $752 million. This share price gives Rubrik a fully diluted valuation of $6.6 billion, up 88% […]
Rubrik’s shares end trading up almost 16% on the company’s public debut Read More »
Eniac Ventures has closed two funds totaling $220 million, the seed-stage firm shared exclusively with TechCrunch. New York-based Eniac has raised $60 million for Select 1, the firm’s vehicle for follow-on later-stage investments in portfolio companies, and $160 million for Eniac VI. The firm has made 11 investments out of Select 1, which actually closed
Seed-stage firm Eniac Ventures raises $220M across two funds Read More »
When prolific venture capital firms Andreessen Horowitz and Lerer Hippeau announced in early 2024 they were pivoting away from consumer tech, it sparked a social media debate about whether there are still opportunities. Maven Ventures’ Jim Scheinman and Sara Deshpande say “yes.” And to prove it, they raised $60 million in capital commitments for a
Consumer tech investing is still hot for Maven Ventures, securing $60M for Fund IV Read More »
Humane today announced the availability of its first product, the Ai Pin. The Bay Area-based hardware startup has been kicking around since 2017, a year after co-founders Bethany Bongiorno and Imran Chaudhri left Apple. Since then, the company has been well-funded, to the tune of $230 million, and focused on building stand-alone AI devices. Ai
Humane’s $699 Ai Pin is now available Read More »
One in 36 children in the U.S. has autism, according to the CDC. Research shows that the earlier a child gets diagnosed, the better their developmental outcome will be. EarliTec Diagnostics just raised fresh capital to expand its system that helps clinicians diagnose children as young as 16 months old. The Atlanta-based startup’s FDA-authorized approach
EarliTec Diagnostics raises $21.5M to help diagnose autism earlier Read More »
Bitkraft Ventures — a games investor based out of Denver, Colorado, but with European founders — is raising its third fund, coming in at $275 million. The fund will make seed and Series A investments in gaming studios and platforms to support game production. The moves come at a time when games investments have actually
Turkey has gained a well-earned reputation as being a veritable cauldron of mobile games startups, leading to the rise of VCs dedicated to the sector. The latest to join this coterie is Laton Ventures, a new gaming-focused VC that has raised a $35 million fund. Founding partner — and solo GP — Görkem Türk says
A new games-focused VC in Turkey shows the industry there continues to gain steam Read More »
If the 2023 crypto venture landscape was an ice-cold pot of water, the first quarter of 2024 is the part where the bubbles start to form right before water boils, Tom Schmidt, a partner at Dragonfly Capital, said to TechCrunch. And he’s not wrong: $2.52 billion in total capital has been raised across the crypto
