Founders Fund

Neuralink, Elon Musk’s brain implant startup, quietly raises an additional $43M

Neuralink, the Elon Musk-founded company developing implantable chips that can read brain waves, has raised an additional $43 million in venture capital, according to a filing with the SEC. The filing

When generative AI cyberthreats arrive, Wraithwatch will be ready and waiting

Generative AI is pervading just about every industry already, whether we like it or not, and cybersecurity is no exception. The possibility of AI-accelerated malware development and autonomous attacks

Catching up with Keith Rabois on the state of VC, his newest bet and who he’s backing for president

Chances are that however busy you are, Keith Rabois is busier. He’s an active investor as a general partner at Founders Fund, the early-stage outfit co-founded 18 years ago by Peter Thiel. He&#8

Two years after launching the C1 webcam, Opal is still committed to hardware

December 14 marks two years since Opal launched the C1 after accruing a 16,000-person waitlist. In some respect, one couldn’t ask for a better time to launch a webcam than a global pandemic. Our rel

Electric seaglider startup Regent takes flight with $60M in new funding

The promise of electric aviation has been weighed down by the limited range of batteries and the long certification process. Regent co-founder and CEO Billy Thalheimer, who previously worked at Aurora

Flexport’s Ryan Petersen joins venture firm Founders Fund as a partner

Flexport founder Ryan Petersen has joined venture capital firm Founders Fund as a partner, as reported by Forbes earlier today. Founders Fund confirmed the move to TechCrunch, providing the following

NewLimit, co-founded by Coinbase CEO Brian Armstrong, raises $40M to extend life

NewLimit, a 1.5-year-old, San Francisco-based, 17-person company that aims to increase the number of healthy years each person lives by epigenetically reprogramming cells, is today announcing that it

When the government is the customer (some things to keep in mind)

Five years ago, Google backed away from a Pentagon government contract because thousands of employees protested that its tech might be used for lethal drone targeting. Today, however, Silicon Valley h

As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

The property industry now requires high-quality photographs, floor plans and virtual tours, so the industry for software providers in the space is booming. The whole area was accelerated during the pa

Teamraderie, a B2B MasterClass-style platform for team building, raises $7M

The growing trends of hiring and running remote workforces, and more recently the major upheaval of restructuring across a number of industries, have redefined and disrupted the concept of teams at wo

Loop lassos ex-Uber talent and money to finally fix freight invoicing

Matt McKinney was a data science manager at Uber, helping launch Uber Freight, along with software engineer Shaosu Liu. One of the main problems the pair saw there was that while they were able to gro

Brex’s departing CRO explains his decision to join Founders Fund

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Disney-backed Inworld raises new cash for its AI-powered virtual characters

If software is eating the world, AI isn’t far behind. AI-powered text-, art- and audio-generating systems will soon make — and already are making — their way into the tools people us

Pomelo exits stealth mode with $20M seed to rethink international money transfer

Eric Velasquez Frenkiel had a seemingly simple thought when visiting his family in the Philippines, impressed by the cashless economy that had formed. Instead of sending money to his family once a yea

Urban Innovation Fund, VMG Catalyst among female-led firms raising new funds

Venture capital firms continue to raise new funds, at what seems like lightning speed, and two firms stuck out in recent days.

There’s always another nightmarish crypto hack around the corner

Welcome back to Chain Reaction. Last week, we looked at the near-term future for crypto gaming as VCs zero in on where to place consumer bets. This week, we’re looking at hardware wallets and th

Twitter denies Musk’s countersuit claims with a lot of snark

Twitter has filed a legal response denying Elon Musk’s counterclaims about the company he’s supposed to acquire — a deal he’s trying to exit by claiming Twitter fraudulently mi

Mudafy raises $10M in Founders Fund-led Series A to fix LatAm’s ‘broken’ real estate process

Mudafy, a tech-enabled real estate broker operating in Latin America, has raised $10 million in a Series A round of funding led by San Francisco-based Founders Fund. Founded in mid-2019, Mudafy operat

Arena raises money from Peter Thiel and David Petraeus for its decision-making AI

Can AI automate enterprise decision-making? It’s an exceptionally broad and challenging task — assuming it’s within the realm of possibility. But that’s what startup Arena clai

Tesla, SpaceX alums stalk energy sector’s white whale with $2 million seed round

Hgen hopes its "whole widget" approach to hydrogen production can decarbonize heavy industry and long-haul shipping.
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