Venture Capital Industry News
A collection of Venture Capital latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Billionaires Elon Musk And Vinod Khosla Are Feuding-Again
Elon Musk, the world's richest man, evoked his partner's ethnicity and claimed the name of their eldest son—allegedly taken from a scientist of Indian descent—proves he isn't a racist after fellow billionaire Vinod Khosla lobbed…
Waabi raises $1B and expands into robotaxis with Uber
Autonomous vehicle startup Waabi has raised $1 billion and struck a partnership with Uber to deploy self-driving cars on the ride-hailing platform — the company's first expansion beyond autonomous trucking. The funding consists of an…
AI Customer Support Startup Decagon Valued at $4.5 Billion
Decagon AI Inc., a customer support startup, has raised $250 million in a new round of funding that triples its valuation to $4.5 billion, the latest sign of feverish investor demand for artificial intelligence services. The financing, which is set…
Moonshot's newest release narrows US-China AI model development gap: analysts
Moonshot AI 's newest release, Kimi K2.5, has narrowed the gap between the US and China to the closest it has ever been in the development of artificial intelligence models, according to third-party evaluations. That feat by the Beijing -based…
Clay, an A.I. Sales Start-Up, Lets Employees Cash Out. Again.
When a still privately held Facebook offered employees the chance to sell some of their shares in 2009, the deal was considered a rarity in Silicon Valley: an opportunity for workers at a fast-growing start-up to cash in before their company went…
Rokt rules out 2026 IPO as AI uncertainty rattles markets
Rokt, one of Australia's most valuable venture capital-backed companies, has pulled plans for an expected sharemarket float in the next 12 months, telling its backers that it wants to sidestep volatility in a market that is trying to get to grips…
Modelence raises $3 million to smooth out the vibe-coding stack
As AI tools have democratized software engineering, a new generation of users have emerged, eager to build their own apps. But just as LLMs speed up the coding process, the old problems of hosting, security and general dev ops problems have…
TC Founder Summit 2026 tickets are now live at the lowest prices
Founders don't scale alone. They scale by learning from peers, building at the same pace, connecting with those who have already been there, and meeting investors aligned with what they're building. On June 23 in Boston, TechCrunch Founder Summit…
Redwood attracts Google for its $425M Series E as AI power needs rise
Google is the latest investor to back Redwood Materials as the battery recycling and cathode production startup scales a new energy storage venture to power AI data centers and other industrial sites. Redwood Materials, founded by former Tesla CTO…
As vet bills jump 40% in recent years, startup Snout raises $110 million for its 'membership' model to defray costs
U.S. homes have more pets than children. And it's pretty lopsided. If the American Pet Products Association is to be believed, about 70% of American households have at least one pet, while, per the last U.S. Census, only about 40% of homes include…
AI industry looks to repeat crypto lobbying success and put war chest to work in midterm elections
The AI industry is taking a page from crypto lobbying in the 2024 election cycle, which was No. 1 among corporate political donors, and aiming to influence midterms and shape AI laws. Leading the Future is a super PAC expected to play a role…
Autonomous trucking startup Waabi raises $750 million to expand into robotaxis
Waabi has raised $750 million in a new round of venture funding to develop the 'physical AI' that powers both driverless trucks and robotaxis. Khosla Ventures and G2 Venture Partners co-led the round in the Toronto-based startup. Uber also…
Allbirds is closing its last brick-and-mortar store in San Francisco
If the final San Francisco Allbirds store closes its doors and no one is around to hear them shut, did it make a sound? Once symbolic of a mid-2010s San Francisco tech bro, the shoe brand Allbirds is closing almost all of its physical stores by the…
Sydney school friends' legal AI start-up worth $100m after US funding
Checkbox, an Australian artificial intelligence software start-up founded by a pair of former Sydney Boys High School classmates has been valued at more than $100 million after attracting Silicon Valley investors keen to fund its US expansion. The…
Self-Driving Tech Startup Waabi Raises $1B for Expansion - TT
[Stay on top of transportation news: Get TTNews in your inbox.] Waabi Innovation Inc., a Canadian startup that develops self-driving technology for trucks, has secured $1 billion in funding for its commercial expansion, including entering the…
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