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 …

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 …

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 …

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 …

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. …

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 …

As competition among AI startups heats up, founders and VCs are turning to novel valuation mechanisms to manufacture a perception of market dominance. Until recently, the most sought-after companies raised multiple rounds of funding in quick succession at escalating valuations. However, because constant fundraising distracts founders from building their products, …

Tellez is the founder of the viral undergarments brand Parade, which at one point was seen as the Gen Z rival to Victoria’s Secret. Launched in 2019, when Tellez was just 21, the company went on to raise millions in funding and attract thousands of customers, but was sold in …

One day not long ago, a founder texted his investor with an update: he was replacing his entire customer service team with Claude Code, an AI tool that can write and deploy software on its own. To Lex Zhao, an investor at One Way Ventures, the message indicated something bigger …

Investors have been pouring billions into AI companies over the past few years, as the technology continues to hold sway in the Valley and thus the world. But not all AI companies are grabbing investor attention. Indeed, even as it seems every company these days is rebranding to include “AI” …