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Allie GarfinkleFortune |
Reducto has raised a $24.5 million Series A, led by Benchmark, Fortune can exclusively report.
Bordetsky, who joined VC firm NEA in 2021, has backed startups including Perplexity and Ceramic AI.
Fortune asked readers to make some predictions about what the next few years will hold for the buzziest companies in AI.
Revel, a startup that builds software for controlling critical hardware, launches from stealth with $30 million in funding.
Figma has confidentially filed for an IPO more than a year after a $20 billion acquisition bid by Adobe fell apart due to antitrust concerns.
Mark Zuckerberg is set to take the stand for a second day amid Meta's FTC trial.
The Facebook founder and CEO took the stand on the first day of the FTC's antitrust case against Meta. The stakes are high, and not just for Zuck.
OpenAI CTO Mira Murati has reportedly doubled the amount of funding she’s seeking to raise for her startup Thinking Machines Lab.
Former OpenAI Chief Tech Officer Mira Murati’s AI startup, Thinking Machines, is looking to raise a massive $2 billion seed round, according to...
Symphonic Capital has closed its $13.5 million first fund, Fortune can exclusively report.
The global shipping industry had vowed to adopt carbon pricing, yet countries moving "towards more self-interest" is threatening to break the...
Meghan, Duchess of Sussex, talks to Fortune about launching consumer brand As Ever and the release of her new podcast, right as tariffs rock the...
Smashing Pumpkins frontman Billy Corgan has parlayed his music success into various businesses, from wrestling to a tea shop. This year, he launched...
A16z’s gaming accelerator this week opened applications for its 5th LA cohort, bumping up investment per company to $1 million from $750,000.
Shares in AI cloud provider CoreWeave started trading on Friday after what turned out to be a rocky IPO.
Right now, in the tech industry paddock, there are 372 AI unicorns, according to PitchBook.
The response came with Westminster locked in talks with Washington over potentially securing a post-Brexit trade deal.
For Glean CEO Arvind Jain, transitioning the company from a scrappy startup to an AI unicorn with nearly 800 employees has been a challenge.
MySpace and Crosscut Ventures cofounder Brett Brewer has joined Sequence Equity as managing partner.
Emergence Capital has closed its oversubscribed seventh fund at $1 billion, Fortune can exclusively report.
AI startups are clocking millions in revenue from zero in just a few months. But will those numbers stick?
Google plans to acquire cybersecurity company Wiz for $32 billion in what would be the search giant’s largest-ever acquisition.
Also: Trump will call Putin today, Microsoft almost passed on Nadella.
Klarna, the Swedish fintech unicorn that made its name in buy now pay later, last week filed to go public on the New York Stock Exchange under the...
Daybreak Ventures has revealed its $33 million first fund, Fortune has exclusively learned.
Jeanne DeWitt Grosser, formerly Stripe’s CBO, has joined Vercel as COO, Fortune has exclusively learned.
Maples, an early backer of Twitter and Okta, and Breyer, one of the first big investors in Facebook, shared the stage at SXSW to discuss their secrets...
Jim Adler, founder and general partner at Toyota Ventures, told the SXSW audience that hype cycles attract talent and investment that help develop...
Under pressure from key ally Beijing, Myanmar has cracked down on some of the compounds, freeing around 7,000 workers from more than two dozen...
Earlier this year, Edward Jones launched its new venture arm, Edward Jones Ventures.
Sequoia Capital’s Roelof Botha discusses leadership and the shifting VC landscape.
Vesta's last public round was announced in 2022, a $30 million Series A, and Fortune can now report that the company has raised an additional $55...
Nvidia-backed CoreWeave filed its IPO prospectus, revealing surging revenue, with more than half of it coming from Microsoft.
The Upfront Summit, known for its glamour and LA-long ethos, was held this year at the Intuit Dome.
Metronome has raised a $50 million Series C, led by NEA, Fortune can exclusively report.
Q4 2024 was a rather limited time for foodtech funding, according to new PitchBook data.
Bonfire Ventures has closed its fourth fund at $245 million, the firm’s largest to date, Fortune can exclusively report.
Verkada has raised a $200 million Series E, boosting the company's valuation by $1 billion.
Abridge, a healthcare AI startup, recently raised a $250 million Series D, Fortune has exclusively confirmed.
Stripe’s ascendant Revenue and Finance Automation division, anchored by Stripe Billing, crossed $500 million in annual revenue run rate at the end...
Stripe’s Revenue and Finance Automation division, anchored by Stripe Billing, crossed $500 million in annual revenue run rate at the end of January.
Fal, generative media platform for developers, has raised a $49 million Series B, Fortune can exclusively report.
Dealmakers share their outlooks on global business conditions, the carried interest tax, DEI, and even Elon Musk in Semaphore's annual survey of...
Why Suchir Balaji’s death has fueled conspiracy theories and unresolved questions.
Greylock’s Asheem Chandna has spent 22 years in VC, and he’s never lost money.
Ashley Smith, previously of GitLab and GitHub, has launched Vermillion Cliffs Ventures with a debut $13 million fund, Fortune can exclusively report.
In Los Angeles, the venture community has banded together, launching The LA Tech Community Cares Fund to support fire recovery efforts.
Hurricane DeepSeek ripped through the venture capital world with a furor on Monday.
Eve, an AI legal platform, has raised a $47 million Series A, Fortune can exclusively report.
In April, cybersecurity company Rubrik went public. Since then, shares are up about 75%.
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