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When Cluely, a startup claiming to be building a product that helps people “cheat” on everything, announced that it raised a $15 million Series A financing round from Andreessen Horowitz, some people on X criticized the VC firm for backing the controversial company. After all, Cluely isn’t just offering a product that may have questionable…
TechCrunch All Stage — the ultimate founder summit — is shaping up to be a powerhouse event where 1,200 founders and VCs across all stages will come together to forge meaningful connections and gain practical insights they can immediately apply to scale their startups. Join us on July 15 at SoWa Power Station in Boston…
Kalshi just raised a $185 million round, led by crypto-focused VC firm Paradigm, bringing the company’s valuation to $2 billion post-money, representatives from Paradigm and Kalshi confirmed to TechCrunch. “Prediction markets remind me of crypto 15 years ago: a new asset class on a path to trillions,” Matt Huang, co-founder and managing partner at Paradigm,…
Indian drone startup Raphe mPhibr has raised $100 million in an all-equity Series B round led by General Catalyst, as the startup aims to boost its R&D and local production capabilities amid growing demand for drones in battlefields and for border surveillance. Drones are becoming increasingly ubiquitous in global military operations. In recent and ongoing…
Abridge, an AI startup automating medical notes, has secured a $300 million Series E at a $5.3 billion valuation, according to the Wall Street Journal. The round, led by Andreessen Horowitz with participation from Khosla Ventures, follows the company’s $250 million February fundraise at a $2.75 billion valuation. The 7-year-old Abridge is widely considered to…
GoKwik, an Indian startup that offers a suite of integrated e-commerce products, has raised a small round of $13 million, which it calls a “growth” round, that has boosted its valuation to $450 million pre-money. While the new funding round, led by RTP Global, is 63% smaller than its Series B of $35 million, announced…
At TechCrunch All Stage, we’re proud to spotlight our partners — not only for their support, but also for the invaluable expertise they bring to the conversation. Their sessions deliver front-line insights into the startup ecosystem and are must-attend moments for anyone looking to navigate and thrive in today’s dynamic entrepreneurial landscape. We sincerely thank…
When Eventual founders Sammy Sidhu and Jay Chia were working as software engineers at Lyft’s autonomous vehicle program, they witnessed a brewing data infrastructure problem — and one that would only become larger with the rise of AI. Self-driving cars produce a ton of unstructured data from 3D scans and photos to text and audio….
Andy Konwinski, computer scientist and co-founder of Databricks and Perpelexity, announced on Monday that his personal company, Laude, is forming a new AI research institute backed with a $100 million pledge of his own money. Laude Institute is less an AI research lab and more like a fund looking to make investments structured similar to…
OpenAI appears to have pulled a much-discussed video promoting the friendship between CEO Sam Altman and legendary Apple designer Jony Ive (plus, incidentally, OpenAI’s $6.5 billion deal to acquire Ive and Altman’s device startup io) from its website and YouTube page. Does that suggest something is amiss with the acquisition, or with plans for Ive…