Founders Fund

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.

Neon nabs $30M to build a scalable cloud service for Postgres databases

Neon, a startup providing developers with a serverless option for Postgres databases, today announced that it raised $30 million in a Series A-1 round led by GGV with participation from Khosla Venture

Founders Fund backs Pulley as it helps companies make better decisions about equity

The new funding comes as Pulley launches a free plan, called Pulley Seed, for new customers that have fewer than 25 stakeholders.

Traba raises $20M to match contractors with events and warehouse work

Traba, a jobs board designed to help entry-level workers find available shifts at fulfillment centers and event venues, today announced that it raised $20 million in a Series A round. Khosla led the f

Sequoia Capital India and Founders Fund back UAE-based proptech startup Huspy in its $37M round

Founders Fund has made its first investment in the Middle East by backing UAE-based proptech startup Huspy. The $37 million Series A round, one of the largest at this stage in MENA, was led by Sequoia

Anduril is raising up to $1.2B, sources say at a $7B pre-money valuation, for its defense tech

Technology built to improve state resilience — be it in the form of cybersecurity, energy independence, national defense or something else entirely — has come into stronger focus in the wa

Tactic wants to reinvent accounting software for the web3 age

Tactic, a startup that helps businesses manage — and simplify — cryptocurrency finances, is emerging from stealth today with $2.6 million in seed funding. Founders Fund and finance automat

Amazon aggregator Thrasio begins layoffs, names new CEO

The layoffs and new CEO appointment are the latest developments in a series of ups and downs for Thrasio.
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