To raise an opportunity fund this year or to not raise an opportunity fund?
Many early-stage-focused firms started raising follow-on funds in recent years but may not continue with 2023's muted exit environment.
Lux Capital ditches its opportunity fund in latest fundraise
The firm raised separate early and late stage funds 2021, but is combining the strategies into one vehicle this time.
AI chip startup Mythic rises from the ashes with $13M, new CEO
Mythic, an AI chip startup that last November reportedly ran out of capital, rose from the ashes today with an unexpected injection of fresh funds. Mythic this morning announced that it closed a $13 m
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
The mirage of dry powder
Are VCs really sitting on record amounts of cash waiting to be deployed into new startups? If it sounds too good to be true, it probably is.
TLDraw offers a collaborative whiteboard without any login
There are a ton of tools that cater to the needs of having a collaborative whiteboard. Figma, which closed a deal to be acquired by Adobe for $20 billion in September, has FigJam; there’s Miro,
Induction cooking heats up with a $20M cash injection for Impulse
All electric, everywhere, all of the time; that’s one of the many climate mantras. Induction stovetops take a lot of power, however — they can pull 40 amps at 240 volts. That’s the s
Galaxy and Gradient VCs will judge the TC Sessions: Crypto Pitch-off
One of the most popular activities at a TechCrunch conference is watching top-notch early-stage founders square off in a pitch competition. Seriously, who doesn’t love a pitch-off? And the Crypto Pi
Keith Rabois’ OpenStore bags new funding as valuation soars to $970M
While other e-commerce aggregators announced layoffs, OpenStore “grew substantially, increased brands and tripled its team,” Rabois said.
Countdown Capital raises $15 million to back the next industrial revolution
In a time when most VCs are acting more cautiously and placing focus on companies with a quick path to profitability, Countdown Capital is instead going all in on hard-to-build, capital-intensive bets
Felicis, Lux Capital and Upfront Ventures tackle TAM at Disrupt
Perception is everything — especially when it comes to the value of software startups and total addressable markets (TAM). During 2020 and 2021, as COVID bit into the economy, tech products turned o
How digital health startups are navigating the post-Roe legal landscape
As state laws shift and abortion bans go into effect across the United States, companies are still trying to find ways to provide care while reimagining what healthcare should include.
Say hello to the kick-ass final agenda for the TechCrunch+ stage at Disrupt 2022
TechCrunch is bringing our flagship event, Disrupt, back to the real world this year, which means we’re hard at work on our big October 18-20 shindig. Founders, investors, tech denizens, crypto
24 hours left to save $1,300 on early-bird passes to Disrupt
We’re T-minus 24 hours until the TechCrunch Disrupt early bird flies south and takes up to $1,300 in savings with it. If you’re serious about realizing your startup dreams, you need to be kind to
Zededa lands a cash infusion to expand its edge device management software
Factors like latency, bandwidth, security and privacy are driving the adoption of edge computing, which aims to process data closer to where it’s being generated. Consider a temperature sensor i
Developer infrastructure expert Anand Iyer goes solo with new $20M crypto fund
Engineers are the bedrock of any tech product, and blockchains are no exception. As the race between different chains heats up, communities of loyalists are duking it out to attract developers to thei
Why web3 companies get hacked so often, according to crypto VC Grace Isford
On the Chain Reaction podcast this week, Lux Capital’s newest investor, Grace Isford, joined us to talk about the opaque but crucial world of web3 infrastructure. At Lux, Isford invests in the
Can Andreessen Horowitz prevent the next crypto winter?
Hey everyone, and welcome back to Chain Reaction. Last week, we talked about the rough road ahead for Coinbase. This week, we’re talking a bit about Andreessen Horowitz’s multibillion-doll
TechCrunch Podcasts this week: Scaling web3, bulls and bears, falling tech valuations and UFOs
TechCrunch is more than just a site with words. We’re also building a growing stable of podcasts focused on the most critical topics relating to the startup and venture capital worlds. To help y
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