Peak XV Partners, a prominent venture capital firm with over $10 billion in assets, has announced an increase in its investment capacity for seed-stage startups through its Surge platform. This comes as the firm unveils a new cohort of 18 companies known as Surge 12. The Surge 12 cohort is notable for being the first […]
Your opportunity to save up to $200 on tickets for TechCrunch Disrupt 2026 is rapidly closing. Ticket pricing will increase after September 25 at 11:59 PM PT, so act quickly to secure your spot at one of the most significant tech conferences of the year. TechCrunch Disrupt 2026 is slated for October 13-15 in San […]
Data center developer Crusoe has successfully raised $3.9 billion in a Series F funding round, elevating its valuation to $30.9 billion. The financing was led by Atreides Management, Mubadala Capital, and Valor Equity Partners, with participation from notable investors like Founders Fund, Nvidia, and Qatar Investment Authority. In conjunction with the funding, Crusoe appointed three […]
AfterQuery has reportedly achieved a valuation of $3.2 billion, making it the fastest unicorn in Y Combinator’s history. This comes just five months after the AI training-data startup secured a $30 million Series A funding round at a valuation of $300 million in April. Co-founded by two young entrepreneurs aged 22 and 23, AfterQuery’s rapid […]
Accel has successfully closed a new fund focused on India, raising $550 million in just a few weeks. This comes less than two years after they raised their previous India fund, as part of a wider $3.5 billion global fundraising initiative. The new fund was oversubscribed, highlighting investor confidence despite Accel still having over 55% […]
Nous Research, the company behind the open-source Hermes agent, is reportedly close to securing a new funding round led by Robot Ventures, with notable contributions from USV and other prominent investors, valuing the company at $1.5 billion. Sources indicate that they aim to raise at least $75 million, and investor interest has been high. This […]
Someone is making a unique offer for a 13-acre property in Mill Valley, located just north of San Francisco. The homeowner, Storm Duncan, an investment banker, is looking to sell the property in exchange for equity in Anthropic, an AI company. He has created a LinkedIn page to facilitate the sale, emphasizing that he hopes […]
A new venture capital fund, named Zero Shot, has emerged from former OpenAI employees. The fund aims to raise $100 million and has already secured initial investments and begun writing checks to startups. The founding team includes Evan Morikawa, Andrew Mayne, and Shawn Jain, who are joined by VC Kelly Kovacs and Brett Rounsaville. They […]
SoftBank has recently secured a substantial $40 billion loan aimed at supporting its $30 billion investment in OpenAI. This investment is part of OpenAI’s record-setting $110 billion fundraising round that took place last month. Notably, the loan is unsecured and has a tight 12-month repayment term, indicating that lenders expect OpenAI to go public later […]
London-based Air Street Capital has successfully raised a substantial $232 million for its third fund, aiming to invest in early-stage AI companies in both Europe and North America. This significant fundraising effort, announced recently, positions Air Street as one of the largest solo venture capital firms in Europe. Investments from the new fund are expected […]