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Parallel Web Systems, the AI agent-tool startup founded by former Twitter CEO Parag Agrawal, has raised a $100 million Series B at a $2 billion valuation led by Sequoia. Existing investors Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital, and Terrain Capital also participated, the company said. This raise comes just five…
Snabbit, an Indian on-demand home services startup, has closed a $56 million funding round, confirming TechCrunch’s earlier report. Co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments’ Unicorn Growth Fund, and Bertelsmann India Investments, the company’s Series D round values the Bengaluru-based startup at around $350 million, according to a person familiar with the matter….
Someone’s offering an unusual deal for a 13-acre property in Mill Valley, just north of South Francisco. Homeowner and investment banker Storm Duncan has created a LinkedIn page for the home, which he said he’d “like to exchange […] for Anthropic equity.” The San Francisco Standard reports that Duncan described this as a “diversification play,”…
Snabbit, an Indian instant house-help startup, is close to raising fresh funding at a valuation of around $400 million in a round led by Susquehanna Venture Capital, TechCrunch has learned. The Bengaluru-based startup is in talks to raise around $50 million in the round, according to three people with knowledge of the deal. One of…
Every major tech conference has themes. Most are vague enough to mean everything and nothing at the same time. SusHi Tech Tokyo 2026 is doing something different — four tightly defined technology domains, each backed by live demonstrations, dedicated exhibit floors, and sessions featuring the people actually building and funding these technologies globally. TechCrunch is…
Series, a social networking app, announced that it raised a $5.1 million pre-seed round, with investors including Venmo co-founder Iqram Magdon-Ismail, Pear VC, Reddit CEO Steve Huffman, and GPTZero founder Edward Tian. The company was founded early last year by Yale students Nathaneo Johnson and Sean Hargrow, both still seniors at the university. Series considers…
Pronto, an Indian instant house-help startup, is finalizing a funding round led by tech investor Lachy Groom that would value the fast-growing company at about $200 million after investment, TechCrunch has learned. The deal is expected to bring in about $20 million in fresh capital and would mark a sharp jump from the $100 million…
Cohere, the Canada-based enterprise AI unicorn, announced Friday that it would merge with the German-based enterprise AI company Aleph Alpha. The deal, which has yet to close, will value the newly formed company at $20 billion, the FT reported. Schwarz Group, one of Aleph Alpha’s top backers, will also invest $600 million in Cohere’s Series E round,…
Surprise! StrictlyVC San Francisco, which will kick off this year’s events lineup for TechCrunch on April 30 at the Sentro Filipino Cultural Center, is getting a new addition to its increasingly stacked roster of speakers. Uber CTO Praveen Neppalli Naga will join us to discuss, you guessed it, operating at scale in the age of…
Sierra, the customer service agent startup founded by Bret Taylor, announced on Thursday that it has acquired the YC-backed French startup Fragment, which helps businesses integrate AI into workflows. This is Sierra’s third public acquisition. It previously bought Japan-based enterprise AI solutions company Opera Tech (which it acquired in late March) and voice agent company…