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The internet trend is simple: A friend or family member looks into the camera and tells viewers, in a slightly aggressive tone, that they are about to witness a presentation and that they had better be nice. That’s what Kendall, the sister of Lucious McDaniel IV, did, and after she stepped aside, her brother pitched…
Gupshup, a business messaging startup that began its journey in India over two decades ago and became a unicorn four years ago, has raised a new over $60 million round — but is keeping its new valuation under wraps. In 2021, Gupshup raised two funding rounds within four months, securing $340 million from prominent investors…
When Vultron announced its $22 million funding round earlier this week, the AI startup made sure to highlight a key investor: Craft Ventures, the firm “co-founded by White House AI adviser David Sacks.” The announcement has raised questions about conflicts of interest in the Trump administration, where Sacks serves as both AI and crypto czar…
Most founders eventually have to pitch venture firms in hopes of raising capital. Tiffany Luck, a partner at NEA, took the stage at TechCrunch’s All Stage event in Boston to answer how to craft the perfect one. “I like to think of a VC pitch as your initial way for assessing founder-investor fit,” she told…
Christine Hunsicker, founder of the fashion startup CaaStle, turned herself in to authorities Friday to face fraud charges, authorities confirmed to Bloomberg. The U.S. Attorney for the Southern District of New York unsealed an indictment against her, charging her with wire fraud, securities fraud, money laundering, aggravated identity theft, and lying to financial institutions. She…
Diarrha N’Diaye-Mbaye, one of the first among the small number of Black women to raise more than $1 million in venture capital, announced on Thursday the closure of her award-winning beauty startup Ami Colé. Ami Colé creates makeup for those with darker skin colors, as those consumers often struggle to find makeup that matches their…
Mantis Ventures, the venture capital firm co-founded by Alex Pall and Drew Taggart of the electronic DJ group The Chainsmokers, has raised $100 million in commitments for its third fund. At $100 million, the firm’s newest fund is 25% larger than Mantis’s previous $80 million fund, a notable achievement at a time when many venture…
Former Founders Fund GP Brian Singerman and co-founder and managing partner of Quiet Capital, Lee Linden, are seeking over $500 million for a new fund called GPx, three people familiar with their strategy told TechCrunch. A significant portion of GPx’s fund, potentially as much as 50%, will come from Founders Fund co-founder Peter Thiel, these…
TechCrunch All Stage officially kicks off tomorrow at 7:30 a.m. ET at SoWa Power Station in Boston — and that’s when ticket prices jump to full rate. This isn’t just another founder event. It’s the summit built to help startups fundraise smarter, scale faster, and lead with impact. Whether you’re tightening your pitch, planning a…
The British Business Bank, owned by the UK government, is creating a £500 million (around $674 million) economic package to help support diverse and underrepresented fund managers and founders in the country. Fifty million pounds will be set aside for female-led venture funds, which means the BBB has now committed at least £100 million (around…