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This week, AI chipmaker Cerebras Systems announced that it raised $1 billion in fresh capital at a valuation of $23 billion — a nearly threefold increase from the $8.1 billion valuation the Nvidia rival had reached just six months earlier. While the round was led by Tiger Global, a huge part of the new capital…
People without coding backgrounds are discovering that they can build their own custom apps using vibe coding — solutions like Lovable that turn plain-language descriptions into working code. While these prompt-to-code tools can help create nice prototypes, launching them into full-scale production (as this reporter recently discovered) can be tricky without figuring out how to…
Europe invests billions into early-stage climate startups, only to watch too many fail at Series B, according to a recent report. But new funds are being raised to fill this gap, and Spain-based Mundi Ventures’ latest fund, Kembara Fund I, is one of them. After securing a €350 million commitment from the European Investment Fund…
Voice AI company ElevenLabs said today it raised $500 million in a new funding round led by Sequoia Capital, which was an investor in the startup’s last secondary round through a tender. Sequoia partner Andrew Reed is joining the company’s board. The startup is now valued at $11 billion, more than three times its valuation…
The city’s tech scene is reeling as U.S. immigration agents have escalated their crackdown in Minneapolis, killing several people, including at least two U.S. citizens. Eight Minneapolis-based founders and investors told TechCrunch that they have put much of their work on hold and now spend their days focused on their communities, volunteering at churches, and…
Peak XV Partners, a leading venture capital firm in India and Southeast Asia, has seen a fresh round of senior departures. These follow other leadership exits over the past year as it pushes ahead with plans to deepen its focus on AI investing and expand its footprint in the U.S., while keeping India as its…
Kais Khimji has spent most of his professional career as a venture investor, including six years as a partner at the prominent VC firm Sequoia Capital. But just like several other former Sequoia partners — including David Vélez, who founded the Brazilian digital bank Nubank — Khimji (pictured left) has always wanted to be a…
A pattern is emerging in the AI infrastructure world: popular open source tools are transforming into venture-backed startups worth hundreds of millions of dollars. The latest example is RadixArk, the commercial company behind SGLang, an increasingly popular tool that helps AI models run faster and cheaper. RadixArk was recently valued at about $400 million in…
We’re kicking things off earlier than ever this year! TechCrunch Disrupt 2026 tickets are officially on sale. Lock in the lowest rates of the year with the Super Early Bird pricing — available through February 27 — and be among the first 500 registrants to score a plus one pass at 50% off. Once either limit is hit, these deals disappear. Register now to save up…
TechCrunch Startup Battlefield 200 is the flagship early-stage startup competition held at TechCrunch Disrupt in San Francisco, spotlighting the world’s most promising young companies. Each year, thousands of applicants from around the globe vie for one of 200 slots in the cohort, which provides unparalleled visibility, access to top-tier investors, and opportunities to grow. Early-stage startups from around the world…