Hans Tung, a managing partner at Notable Capital, formerly GGV Capital, has a lot of thoughts on the state of venture today. Notable Capital is a venture firm […]
Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn
Norwest Venture Partners, a 65-year-old firm backed solely by Wells Fargo, has raised its 17th fund at $3 billion. That’s a noteworthy number, given that NVP last raised […]
Perplexity is raising $250M+ at a $2.5-$3B valuation for its AI search platform, sources say
Perplexity, the AI search engine startup, is a hot property at the moment. TechCrunch has learned that the company is currently raising at least $250 million more at […]
Fintech Fundid was shut down over interest rates and a strained cap table
Winding down a startup can be bittersweet for founders. In the case of Fundid, rising interest rates killed the business finance startup. But VCs and partners hurt it, […]
Seraphim Space launches second VC fund with nine investments already under its belt
Seraphim Space, the UK-based space tech investment group is formally launching its second VC fund following its first close with limited partners including Airbus, TechCrunch learned exclusively. The […]
Notable Capital’s Hans Tung on the state of VC and the upside to down rounds
To some investors, “down round” is a dirty phrase, but not to Notable Capital’s Hans Tung. Hans is a managing partner at Notable Capital, formerly GGV Capital, a […]
Meet The Guy Who Spent $90K On A Super Rare Copy Of Castlevania
Tom Curtin had just secured the video game of his dreams: a factory sealed first run copy of Konami’s original 1986 Castlevania for NES with a rare hang tab on the back of the box. There are only six currently known to exist and Curtin, together with his childhood friend, paid just over $90,000 for this one. Now he…
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Wiz is in talks to buy Lacework for $150-200M; security firm was last valued at $8.3B
Consolidation continues apace in the world of security. Sources tell us that Lacework — a cloud security startup that was valued at $8.3 billion post-money in its last […]
Investors are growing increasingly wary of AI
After years of easy money, the AI industry is facing a reckoning. A new report from Stanford’s Institute for Human-Centered Artificial Intelligence (HAI), which studies AI trends, found […]
API startup Noname Security nears $500M deal to sell itself to Akamai
Noname Security, a cybersecurity startup that protects APIs, is in advanced talks with Akamai Technologies to sell itself for $500 million, according to a person familiar with the […]