News
Breakout Ventures closes Fund III at $114M to back AI driven startups in biology and chemistry
18+ hour, 9+ min ago (287+ words) As highlighted by Techcrunch Breakout Ventures closed Fund III with a size of $114 million to back early-stage AI startups working in science-intensive fields, notably biology and chemistry. The firm has already written checks to three companies and plans to grow…...
AI drives due diligence, cuts costs and speeds up private equity deals
6+ day, 13+ hour ago (497+ words) As noted by Techcrunch In the mergers and acquisitions space, traditional due diligence typically keeps time in check with cost: large private equity firms spend millions hiring external experts " accountants, lawyers, and management consultants. Because expenses for external consultants are…...
Anduril Eyes Eight Billion Funding Round Led by Thrive Capital and Andreessen Horowitz
1+ week, 1+ day ago (250+ words) Anduril " a defense technology company, founded by Palmer Luckey, is on the cusp of a multi-billion-dollar funding round led by Thrive Capital and Andreessen Horowitz. According to the round, investments could reach up to eight billion dollars, after last summer…...
Double Valuation Shifts AI Startup Funding
1+ week, 1+ day ago (425+ words) As noted by Techcrunch In the competition among AI startups, founders and venture investors are seeking new ways to demonstrate market leadership and attract potential partners and future funding. Until recently, rounds with valuations increasing in sequence dominated funding. However,…...
February AI Venture Capital Surges Led by OpenAI Anthropic Waymo
1+ week, 1+ day ago (213+ words) As noted by Techcrunch In February, global venture capital continued to focus on artificial intelligence: total investment volume reached a record $189 billion, according to a fresh analytical report. AI startups attracted $171 billion, about 90% of the monthly total. This is an…...
Thrive Capital Raises $10 Billion for Largest Fund Focused on AI and Growth
3+ week, 1+ day ago (370+ words) As mentioned by Techcrunch Thrive Capital has raised $10 billion for a new fund " the largest in the company's history, nearly double its previous fundraising. Of this amount, $1 billion is slated for early-stage investments, with the rest for growth-stage investments, according…...
Stacy Brown-Philpot’s Cherryrock Capital Supports Underfunded Founders with Focused Series A and B Investments
3+ week, 4+ day ago (557+ words) As noted by Techcrunch For years, most of Silicon Valley has been focused on mega rounds and hype-driven AI deals. Meanwhile, Stacey Brown-Philpot leads Cherryrock Capital as a throwback to the old days of venture capital: she writes smaller checks…...
India Launches $1.1 Billion Government Venture Capital Program for Deep Tech Startups
3+ week, 4+ day ago (297+ words) As noted by Techcrunch Following India's budget speech at the start of 2025, the government approved a state venture capital program worth USD 1.1 billion, aimed at financing startups through private investors. This is a move that doubles the effort to support…...
Axiom Space Raises $350 Million for Commercial Space Station Development
3+ week, 6+ day ago (192+ words) As reported by CNBC The American company Axiom Space, which supplies spacesuits for NASA's lunar missions and is developing the concept of a future space station that could replace the ISS, has raised $350 million in funding. According to CNBC, the…...
Modal Labs Targets $2.5 Billion Valuation in New AI Inference Funding Round
1+ mon, 14+ hour ago (451+ words) As noted by Techcrunch Modal Labs, a startup specializing in infrastructure for AI inference, is currently working on raising a new round of funding with an implied valuation of about $2.5 billion, according to people familiar with the deal. If the…...