Content tagged with Venture

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Created: Feb 20, 2026
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VC mega-funds are back with General Catalyst, Spark rumored to be raising billions

Following news last month that New York’s hottest venture firm, Thrive, just raised $10 billion for a new fund — its largest ever, double the previous one — another big-name VC firm is attempting to equal that raise. General Catalyst is in talks to raise $10 billion, unnamed sources tell …

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Almost 40 new unicorns have been minted so far this year — here they are

With AI igniting an investor frenzy, more startups are achieving unicorn status every month. Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns in 2026. While most are AI-related, a surprising number are focused on other industries like healthcare and even a few crypto …

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Breakout Ventures raises $114M fund to back AI science startups

Breakout Ventures has closed a $114 million Fund III to back AI-focused early-stage startups working in scientific fields such as biology and chemistry. The firm has already written checks to three companies and plans to invest in at least 20 companies through this fund, with average check sizes ranging from …

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Xprize founder Peter Diamandis launches new contest to manifest a new ‘Star Trek’

As any “Star Trek” fan will tell you, the reason why this sci-fi world has endured for so long is because it illustrates an optimistic future, with tech starring as a power for good. In fact, famed Xprize founder, author, tech investor, motivational speaker, and longevity guru Peter Diamandis has …

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Founders Fund nears $6B close for latest growth fund, sources say

Peter Thiel’s Founders Fund is nearing the close of its fourth growth fund, Founders Fund Growth IV, with $6 billion in capital commitments, per sources close to the firm. As with most of the firm’s fundraises, demand from outside investors exceeds the fund’s capacity, according to those sources. Additionally, about …

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City Detect, which uses AI to help cities stay safe and clean, raises $13M Series A

City Detect, a company that uses vision AI to help local governments monitor the health of buildings and neighborhoods, announced on Friday a $13 million Series A round led by Prudence Venture Capital. The startup launched in 2021, and Gavin Baum-Blake, the remaining co-founder, serves as CEO. He said the …

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Robinhood’s startup fund stumbles in NYSE debut

Retail investors are famously locked out of the startup world. Robinhood is attempting to change that by allowing the general public to invest in a portfolio of what it calls “some of the most exciting private companies operating today. ” To do this, the company that pioneered the commission-free brokerage …

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Host a Side Event during TechCrunch Founder Summit Week in Boston

Want to tap into the energy of 1,100+ startup founders, investors, and tech leaders descending on Boston for the Founder Summit 2026 on June 9? Host your own Side Event during “Founder Summit Week,” happening June 4-10! Whether it’s a networking mixer, workshop, morning run, fireside chat, or cocktail hour …

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Anduril aims at $60 billion valuation in new funding round

Palmer Luckey’s defense-tech company is in the middle of a multibillion-dollar funding round led by Thrive Capital and Andreessen Horowitz, according to a new report from The Wall Street Journal. The funding round would come less than a year after the company’s Series G, which closed in June with $2. …

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Just three companies dominated the $189B in VC investments last month

AI continues to dominate the venture world, per a new Crunchbase report. A record $189 billion of global venture capital flowed to startups in February, according to the report. AI startups overall raised $171 billion, or 90% of the capital raised last month. It’s a stunning number that feels like …

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