News
Breakout Ventures Raises $114M For AI Science Startups
15+ hour, 6+ min ago (320+ words) Materials science is seeing a similar shift. Platforms that couple high-throughput simulation with active learning can iterate toward target properties faster than traditional trial-and-error. This aligns with national priorities like the U.S. Materials Genome Initiative and Department of Energy efforts to…...
General Catalyst And Spark Plan New VC Mega Funds
15+ hour, 2+ min ago (565+ words) Venture capital's biggest checkbooks are swinging open again. General Catalyst is in talks to raise roughly $10 billion, according to Bloomberg, while Spark Capital is rumored to be targeting multi-billion-dollar vehicles. The moves follow Thrive Capital's new $10 billion fund and fresh…...
Lovable Adds $100M Revenue In One Month With 146 Staff
11+ hour, 22+ min ago (357+ words) Lovable, the "vibe coding" platform that turns natural language into production-ready apps and websites, says it booked $100 million in new revenue in a single month while running with just 146 employees. The company also says it has reached $400 million in annual…...
Nearly 40 Startups Become Unicorns This Year
15+ hour, 19+ min ago (522+ words) Gregory Zuckerman is a veteran investigative journalist and financial writer with decades of experience covering global markets, investment strategies, and the business personalities shaping them. His writing blends deep reporting with narrative storytelling to uncover the hidden forces behind financial…...
Nominal Hits $1B Valuation After $155M Raise
6+ day, 14+ hour ago (707+ words) Gregory Zuckerman is a veteran investigative journalist and financial writer with decades of experience covering global markets, investment strategies, and the business personalities shaping them. His writing blends deep reporting with narrative storytelling to uncover the hidden forces behind financial…...
Three Companies Dominate $189B In VC Last Month
1+ week, 1+ day ago (528+ words) Global venture investing blasted to a record $189 billion last month, and an astonishing share of that capital pooled around just three names. According to a new Crunchbase analysis, OpenAI, Anthropic, and Waymo captured the lion's share of activity, underscoring how…...
AI Startups Sell Same Equity At Two Prices
1+ week, 1+ day ago (465+ words) Variations abound. Some deals use a "first-close discount" or step-up grid (for example, the first $50 million at one price, the next $25 million at a premium). Others staple small warrant coverage to the lead, creating a shadow discount. In hot processes,…...
Cursor Surpasses $2B Annualized Revenue Run Rate
1+ week, 2+ day ago (328+ words) Cursor has vaulted past a $2 billion annualized revenue run rate, according to Bloomberg, marking a swift acceleration for the AI coding assistant as its revenue pace reportedly doubled over the last three months. The milestone arrives amid chatter that momentum…...
Keith Rabois Joins Board As Comp Raises Series A
2+ week, 21+ hour ago (376+ words) Comp, a Brazil-born HR tech startup building AI agents to handle compensation, recruiting, and performance management, has raised a $17.25 million Series A led by Khosla Ventures. General partner Keith Rabois is joining the board, marking the firm's first investment in…...
YC Grad Harper Raises $47M For AI Insurance Brokerage
2+ week, 20+ hour ago (431+ words) YC Grad Harper Raises $47M For AI Insurance Brokerage'findarticles.com Harper, a Y Combinator graduate building an AI-native commercial insurance brokerage, has closed $47 million in combined seed and Series A financing, positioning the startup to automate the slowest parts of small-business…...