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Startup Battlefield is returning to Australia — here’s what happened the last time we came to Sydney

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On August 19, Startup Battlefield is returning to Sydney in partnership with Stripe, one of the world’s most iconic technology companies. We’re taking over Stripe Tour Sydney for a night that the Australian startup ecosystem won’t forget.

Startup Battlefield is returning to Australia — here’s what happened the last time we came to Sydney Read More »

Benchmark raises its first-ever growth fund as part of $2B capital raise

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The legendary abandons its more than 20 year tradition of keeping its funds to about $425 million.

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

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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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How Europe’s AI strategy diverges from Silicon Valley’s

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The global AI race is often framed as a battle between the United States and China. But at VivaTech, Europe is expected to make the case for an entirely different model.

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Zigging when most are zagging, ex-Meta CTO raises $250M climate fund

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Mike Schroepfer’s Gigascale Capital has raised a large fund to back founders building climate-friendly solutions for the world’s energy and material shortages.

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Black founders raise highest amount of quarterly funding since 2022, but there’s a catch

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Speaking to TechCrunch, Crunchbase’s head of research Gené Teare, said the factors holding back Black founders include “access to networks, relationships, and early introductions.”

Black founders raise highest amount of quarterly funding since 2022, but there’s a catch Read More »

SoftBank says it will invest up to €75 billion to build French data centers

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The goal, the firm said, is to develop and operate up to 5 gigawatts of additional data center capacity.

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Snap alums unveil Ghost Angels fund

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A group of 20 Snap alumni has come together to launch a fund called Ghost Angels to back the next generation of social media.

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The groupthink boom: what three top VCs really think about the AI frenzy

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“If you’re 22 years old in San Francisco and building something in AI, there may be a seed term sheet in your inbox — but if you’re 19, oh my God, this means you’re really good; you might already have a Series A [offer],” said one, half-kiddingly.

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After Nvidia’s $20B not-aqui-hire, AI chip startup Groq reportedly raising $650M

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Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining the way AI models respond to prompted requests, per Axios.

After Nvidia’s $20B not-aqui-hire, AI chip startup Groq reportedly raising $650M Read More »