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One Elon Musk business might be making a big investment in another. According to a Wall Street Journal report that cites investors close to SpaceX, the company has agreed to invest $2 billion in Musk’s AI startup xAI. The investment would reportedly be part of the $5 billion equity raise (along with another $5 billion…
TechCrunch All Stage 2025 is almost here — In 2 days, the doors swing open at Boston’s SoWa Power Station. If you’re a founder or investor, this is your last shot to lock in the lowest ticket prices before they vanish at the door. This isn’t your average startup conference. TC All Stage is where…
Venture capitalist Marc Andreessen sharply criticized universities including Stanford and MIT, along with the National Science Foundation, in a group chat with AI scientists and Trump administration officials, according to screenshots viewed by the Washington Post. According to the Post, Andreessen described MIT and Stanford (which I attended two decades ago) as “mainly political operations…
In only 3 days, founders, investors, and operators will flood into the SoWa Power Station in Boston for TechCrunch All Stage 2025 — and if you haven’t grabbed your pass yet, this is your final window to lock in the lowest prices available and save up to $475. Whether you’re a first-time founder or a…
Praxis Labs, a learning development platform, announced its acquisition on Thursday for an undisclosed amount by the leadership and coaching enterprise Torch. “As a small company with fewer than 20 people serving companies as large as Amazon, we knew we needed to build powerful partnerships, across product and go-to-market, to reach more companies,” co-founder and…
There is a time-honored crisis management strategy, wherein one says nothing and waits for the outrage to pass. For Sequoia Capital, the strategy worked pretty well this week. While partner Shaun Maguire initially weathered criticism over an inflammatory social media post, that initial indignation cooled quickly. Now, some seem to think that Maguire’s defiant stance…
Defense tech has gone from a no-go zone for VCs to a hot investment sector. However, dual use — meaning that the technology must also have civilian applications — is still a requirement for most of them, including the NATO Innovation Fund. Estonian VC firm Darkstar breaks from this trend by investing in purely military…
The venture capital world has always had a hot-and-cold relationship with the Midwest. Investors rush in during boom times, then retreat to the coasts when markets turn sour. For Columbus, Ohio-based Drive Capital, this cycle of attention and disinterest played out against the backdrop of its own internal upheaval several years ago — a co-founder…
Investing in Y Combinator startups can lead to significant returns to investors. “If you look at the data: 6% of YC companies become unicorns, and of that 6% a quarter become decacorns,” Kulveer Taggar told TechCrunch. Taggar is a two-time YC alum best known for founding Zeus Living, a property management startup that raised over…
Raising in 2025 doesn’t look anything like it did in 2021 — and that’s exactly the point. At TechCrunch All Stage on July 15 at Boston’s SoWa Power Station, Kristen Craft, head of Business Development at Fidelity Private Shares, will lead a roundtable session titled “It’s Not 2021 Anymore. Navigating the 2025 VC Landscape,” happening…