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Defense tech is flooded with money, but who’s built to last?

Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new startups is chasing those government contracts, but according to Ross Fubini, the venture investor who wrote Anduril’s first check, most of them will get lost in the Valley of Death between prototype contract […]

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The leaderboard “you can’t game,” funded by the companies it ranks

Artificial intelligence models are multiplying fast, and competition is stiff. With so many players crowding the space, which one will be the best — and who decides that? Arena, formerly LM Arena, has emerged as the de facto public leaderboard for frontier LLMs, influencing funding, launches, and PR cycles. In just seven months, the startup went from a UC Berkeley PhD research […]

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The $32B acquisition that one VC is calling the ‘Deal of the Decade’

According to Index Ventures Partner Shardul Shah, cybersecurity startup Wiz sits “at the center of three tailwinds: AI, cloud, and security spend.” Those tailwinds powered what just became the largest venture-backed acquisition in history — Google’s $32 billion deal, finalized after a declined 2024 offer, antitrust review on both sides of the Atlantic, and an […]

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Poppi founder on TikTok, Super Bowl ads, and her return to Shark Tank

For years, venture capitalists have been skeptical of beverage startups, citing thin margins and brutal distribution as reasons most brands never break out. But a new wave of “functional soda” companies has been challenging that assumption, including Poppi, the prebiotic soda brand that grew from a kitchen experiment into a $1.95 billion acquisition by PepsiCo.  On this episode of […]

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A16z just raised $1.7B for AI infrastructure. Here’s where it’s going.

Andreessen Horowitz just raised a whopping ⁠new $15 billion in funding⁠. And a $1.7 billion chunk of that is going to its ⁠infrastructure team⁠, the one responsible for some of its biggest, most prominent AI investments including Black Forrest Labs, Cursor, OpenAI, ⁠ElevenLabs⁠, Ideogram, ⁠Fal⁠ and dozens of others.   A16z ⁠general partner with the infra team Jennifer Li⁠ (who oversees such investments as ElevenLabs – just valued at $11 billion); Ideagram and Fal, has a clear thesis on where the team is looking […]

A16z just raised $1.7B for AI infrastructure. Here’s where it’s going. Read More »

Uber is literally in the driver’s seat when it comes to AV bets

Self-driving truck startup Waabi’s billion-dollar fundraise isn’t just about trucks.   The deal, for $750 million up front plus another $250 million from Uber tied to deployment milestones, marks a major expansion into robotaxis for the company founded by former Uber AI chief Raquel Urtasun. It also feels like another chip from Uber on the autonomous vehicle roulette table. With more […]

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SpaceX is coming to the public markets, and secondaries are already on fire

paceX is reportedly lining up four major Wall Street banks for a 2026 IPO that could provide the reset the market needs.  The company just completed a tender offer at an $800 billion valuation, and secondary market demand is through the roof. If SpaceX goes public anywhere near its rumored $1.5 trillion valuation, it could trigger an IPO cascade for other late-stage unicorns like OpenAI, Stripe, and Databricks.  Watch as Equity host Rebecca Bellan […]

SpaceX is coming to the public markets, and secondaries are already on fire Read More »

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