Former senior SpaceX executive Tom Ochinero is teaming up with SpaceX alum-turned-VC Achal Upadhyaya and one of Sequoia’s top finance leaders, Spencer Hemphill, on a new venture called Interlagos Capital, TechCrunch has learned. There is little public information available about Interlagos, and the trio did not respond to TechCrunch’s request for comment. The company was […]
CONTINUE READING
Late-stage HR tech startup Rippling is raising new capital. The company’s new round, which has not yet closed, would inject $200 million into Rippling with another $670 million worth of shares being sold by existing stockholders, according to two people familiar with the deal. This will be Rippling’s Series F and could raise its valuation […]
Betaworks is embracing the AI trend not with yet another LLM, but instead a clutch of agent-type models automating everyday tasks that nevertheless aren’t so simple to define. The investor’s latest “Camp” incubator trained up and funded nine AI agent startups they hope will take on today’s more tedious tasks. The use cases for many […]
Bay Bridge Ventures’ fundraising efforts come at a time when venture investors appear to be increasingly bullish on climate tech.
Evolution Equity Partners, a growth capital firm based in NYC, has raised $1.1 billion for a new cyber- and AI-focused fund.
Overall, 16% of Maven’s portfolio companies have reached a minimum $500 million exit or valuation, which is 10x industry average, the firm said.
SOSV’s new fund makes it one of the largest pools of deep tech venture capital to be raised in recent years.
Zypsy, a design firm with a track record of helping early-stage startups, has launched a new and somewhat unique venture investment program. It will be offering 10 startups up to $100,000 of brand and product design services, spanning 8 to 10 weeks of engagement, for no cash payment. Instead startups will pay by issuing Zypsy […]
When Alex Katz founded Two Chairs in 2017, he firmly believed that in-person therapy is the most effective for behavioral health. Two Chairs used technology — a proprietary matching algorithm — to find the best possible therapists for its clients, but treatments took place primarily inside one of the startup’s half a dozen stylishly designed […]
The tech-wide reckoning that began in 2022 and ran throughout into 2023 has continued into this year. And while 2024’s losses are not at that scale, they’re still significant, driven by big names like Pixar, Google, Microsoft, Mozilla and TikTok. It remains to be seen if this year’s layoff trends follow last year’s, in which layoffs […]
