VC mega-funds are back with General Catalyst, Spark rumored to be raising billions
General Catalyst is said to be raising $10 billion and Spark Capital $3 billion. This after several other firms have also raised mega-funds.
This SpaceX veteran says the next big thing in space is satellites that return to Earth
The company’s first demonstration mission is expected in early 2027.
Founders Fund nears $6B close for latest growth fund, sources say
The fresh fundraise comes less than a year after Founders Fund closed its third growth fund, a $4.6 billion vehicle intended primarily for follow-on investments in its successful late-stage companies.
Xprize founder Peter Diamandis launches new contest to manifest a new Star Trek
The famed author and investor has launched the Future Vision Xprize with sponsors like Google, Marc Benioff, Ben Horowitz, to fund optimistic sci-fi films.
Robinhood’s startup fund stumbles in NYSE debut
The fund currently offers retail investors exposure to eight startups, including Mercor, Ramp, and Stripe, with plans to expand its portfolio.
City Detect, which uses AI to help cities stay safe and clean, raises $13M Series A
City Detect, a company that helps local governments prevent urban decay, is in at least 17 cities so far, including Dallas and Miami.
Lio raises $30M from Andreessen Horowitz and others to automate enterprise procurement
AI procurement startup Lio announced a $30 million Series A in a round led by Andreessen Horowitz.
Host a Side Event during TechCrunch Founder Summit Week in Boston
Want to tap into the energy of 1,100+ startup founders, investors, and tech leaders descending on Boston for the Founder Summit 2026 on June 9? Host your own Side Event during “Founder Summit Week,” happening…
Why AI startups are selling the same equity at two different prices
Some AI founders are using a novel valuation mechanism to manufacture unicorn status.
Just three companies dominated the $189B in VC investments last month
Crunchbase data shows a record $189 billion of global venture capital flowed to startups last month, with AI startups nabbing 90% of the capital.