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Travis Kalanick’s robotics company, Atoms, has raised $1.7 billion in a funding round led by Andreessen Horowitz. Ben Horowitz will join the company’s board following the investment. Bain Capital, Fifth Wall, and others participated in the round. Perhaps most notably, Uber also joined the funding round, re-connecting Kalanick with the company he founded — and…
Cascade, a startup building a platform to help architecture, engineering and construction firms find and win projects, has raised a $3.5 million seed round from Andreessen Horowitz Speedrun, Ada Ventures, and Snowball VC. Launched in 2025, Cascade is a result of its founders, Hannia Zia and Joana Ferreira, witnessing first-hand the difficulty construction businesses face…
One of the most important things happening on Earth today is the solar energy build-out. Around the world, companies and countries are racing to deploy solar and batteries to achieve energy independence and limit the effects of climate change. That build-out, though, is running into a labor market challenge, with a limited supply of workers…
Databricks on Thursday announced a new round of funding that values the company at $188 billion. The round was led by Coatue. Databricks didn’t disclose exactly how much it raised; it said the money isn’t in its hands yet and that the round will close later in this summer. (Other outlets have since reported the…
Activewear company Lululemon has invested in the $30 million Series A round raised by Syntetica, a French startup that developed a novel approach to recycling nylon, whose properties make it both too good to give up but hard to reuse. Syntetica promises to recycle two types of nylon — Nylon 6 and Nylon 6,6 —…
Applied Computing, a London-based startup that’s building a foundation AI model for the oil, gas and petrochemical industry, has raised a $20 million Series A led by engineering giant KBR, with Databricks Ventures participating. Founded in 2023, the startup targets oil, gas, refining and petrochemical systems, where a single facility can have thousands of sensors…
While many top-tier venture firms keep raising massively larger funds, Greylock Ventures, one of the oldest and most prestigious venture firms in Silicon Valley, is intentionally resisting the trend of ballooning fund sizes. On Tuesday, the 61-year-old firm announced that it had raised a $1.5 billion 18th fund. The number is 50% higher than its…
Singapore-based video-generation startup PixVerse said today that it has closed its Series C extension, with a total of $439 million raised in the round. The company told TechCrunch that, with the new tranche of funding, its valuation has crossed over $2 billion. With the cash, the company aims to expand its world model offering and…
A years-long lawsuit between the college-focused social app Fizz and rival Sidechat over unfair competition practices has taken an interesting turn. In a new filing, Fizz is accusing investor Jerry Lu of the venture capital firm Maveron of meeting with Fizz under the guise of exploring a potential investment, but then turning around and sharing…
A number of companies, betting on various architectural approaches, are trying to build the first commercially viable quantum computer capable of significantly outperforming current systems. Oratomic, which entered the race earlier this year with the goal of developing the first utility-scale quantum computer by the end of the decade, said this week that it has…