Coatue, one of the biggest names in venture capital and hedge funds, has a new plan to generate bigger returns on AI beyond its sizable stakes in Anthropic, OpenAI, xAI, and data center companies like Singapore’s DayOne and CoreWeave. It has launched a venture called Next Frontier to buy up …

Musely, a direct-to-consumer telemedicine platform, has secured over $360 million in non-dilutive capital from General Catalyst’s Customer Value Fund (CVF). The company specializes in compounded treatments for skin, hair, and menopause care. Musely co-founder and CEO Jack Jia told TechCrunch that when CVF investors reached out to him last year, …

VC firm 137 Ventures announced Thursday that it has raised more than $700 million across two new growth-stage funds to back startups “with the potential for significant market impact. ” In the past year, the firm, founded by former Founders Fund investor Justin Fishner-Wolfson, said it has deployed more than …

Anthropic is asking investors to submit allocations for the AI company’s latest fundraise within the next 48 hours, according to sources familiar with the matter. The round, which TechCrunch reported is expected to be roughly $50 billion, is estimated to close within two weeks, the sources said. As we previously …

Mike Vichich grew up in Michigan. His family, he recalls, dedicated their lives to public service. His parents were teachers, his uncle was in the FBI, while both sets of grandparents served in the Army. “Growing up, public service was always a really admirable way to spend one’s life and …

Investor interest in Anthropic has reached a feverish pitch. The maker of the Claude AI assistant has received multiple preemptive offers to raise fresh capital of around $50 billion at a valuation in the $850 billion to $900 billion range, according to half a dozen sources familiar with the matter. …

The world today is riven by cultural differences, political divisions, and geopolitical disputes — a challenging environment for any investor hunting for startups that can grow large enough to deliver venture-scale returns. Kompas VC, which operates out of offices in Amsterdam, Copenhagen, Berlin, and Tel Aviv, has developed a regionally …

Someone’s offering an unusual deal for a 13-acre property in Mill Valley, just north of South Francisco. Homeowner and investment banker Storm Duncan has created a LinkedIn page for the home, which he said he’d “like to exchange […] for Anthropic equity. ” The San Francisco Standard reports that Duncan …

Theo Baker is graduating from Stanford this spring with something most seniors don’t have: a book deal, a George Polk Award that he received for his investigative reporting as a student journalist, and a front-row account of one of the most romanticized institutions in the world. His forthcoming How to …

Snabbit, an Indian instant house-help startup, is close to raising fresh funding at a valuation of around $400 million in a round led by Susquehanna Venture Capital, TechCrunch has learned. The Bengaluru-based startup is in talks to raise around $50 million in the round, according to three people with knowledge …