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Longtime venture capitalist Ron Conway said Friday that he was “recently diagnosed with a rare form of cancer.” In a post on X, Conway wrote that he “will be stepping back from some of my usual activities,” but he will “continue to support” founders backed by his firm SV Angel: “With a more focused and…
Few venture firms have bet more aggressively on AI than Sequoia Capital, and it isn’t slowing down. The Silicon Valley stalwart has raised roughly $7 billion for a new fund, according to Bloomberg. Sequoia declined TechCrunch’s request for comment. The money will go toward what the firm calls its “expansion strategy” — essentially its late-stage…
AI infrastructure company Upscale AI is reportedly in talks to nab its third funding round since launching just seven months ago, according to Bloomberg. This latest round — which aims to raise around $180 million to $200 million — would value the company at about $2 billion. The company announced a $200 million Series A…
VCs love to chase after the hottest startups, but startups aren’t always interested in selling more shares. So it is with Anthropic, sources tell Bloomberg. VCs have been offering the OpenAI competitor a preemptive funding round that would value the company at $800 billion or more — almost matching, or perhaps even surpassing, its rival….
SiFive, a company founded in 2015 by the UC Berkeley engineers who created an open source chip design, has landed a $400 million oversubscribed round that values the company at $3.65 billion. This deal is interesting for a bunch of reasons. For one, SiFive’s RISC-V open chip design is based on the RISC processor, not…
Ticket discounts of up to $500 will end tomorrow, April 10, at 11:59 p.m. PT. After that, prices for TechCrunch Disrupt 2026 go up again. Miss this, and you’ll be paying more for the same access to one of the most anticipated tech epicenters of the year. Register now to lock in these savings. Disrupt: Your launchpad in the tech ecosystem If…
It takes just a skim of Eclipse’s recent investments to see where this venture firm’s interests lie — and where it is headed. The Palo Alto-based VC, which saw its median deal size explode over the past several years, has poured an increasing amount of money into the “physical world.” Its deals include electric boat…
A new venture capital fund with deep ties to OpenAI has made its first close on its $100 million goal, the founders tell TechCrunch. The partners have already written a couple of checks. The fund is called Zero Shot (a play on the AI training term) and its co-founding team includes several OpenAI OGs who…
Founders Fund has made its name backing what Peter Thiel calls “zero to one” companies — businesses that don’t just improve on existing ideas but create something entirely new. Its portfolio includes Facebook, SpaceX, and Palantir. Its latest bet is a New Zealand startup that puts solar-powered smart collars on cows. Halter, which closed a…
Anthropic has purchased the stealth biotech AI startup Coefficient Bio in a $400 million stock deal, according to The Information and Eric Newcomer. Sources close to the deal confirmed to TechCrunch that it closed, though declined to comment on the amount. The deal comes as Anthropic continues its push into healthcare and life sciences, following…