Author: TechBrunch

Harvey confirmed on Thursday that it had closed a funding round led by Andreessen Horowitz that valued the legal AI startup at $8 billion, following reports that the funds were leaked in October. The startup has raised $160 million in a round. This latest capital infusion comes just months after the company raised $300 million in a Series E round at a $5 billion valuation in June. And that comes just months after it raised a Series D led by Sequoia at a $3 billion valuation in February. Harvey's investors include EQT, WndrCo, Sequoia, Kleiner Perkins, Sarah Guo's Conviction and…

Spyware maker Intellexa had remote access to some of its government customers' surveillance systems, allowing its employees to view the personal data of people whose phones had been hacked with its Predator spyware, according to new evidence released by Amnesty International. On Thursday, Amnesty International and a coalition of media partners, including Israeli newspaper Haaretz, Greek news site Inside Story, and Swiss news agency Inside IT, released a series of reports based on leaked material from Intellexa, including internal documents, sales and marketing materials, and training videos. Perhaps the most shocking revelation is that people working at Intellexa allegedly had…

Masha Bucher worked in PR and marketing before becoming a VC. That experience shaped how she operates Day One Ventures. After years of working in the communications field, including a management position that gave him deep insight into how startups operate, Butcher realized he could use his business acumen to evolve into one of the most effective PR people in the industry, if not more. “I was looking at what was going on in the business, and I could understand the context, so I understood the business, and because I understood the business, my PR pitch would be very business-focused,”…

While many venture firms seem to be focused solely on AI these days, Nexus Venture Partners is intentionally splitting its focus for its new $700 million fund. The company will support AI startups and look for India-focused startups in the consumer, fintech and digital infrastructure sectors. AI has absorbed most of the venture capital raised globally, and the 20-year-old venture capital firm also sees it as a defining technological change. But they argue that focusing on a single overheated category comes with its own risks. India's digital economy offers a balance with an expanding market where AI adoption is on…

In early October, AI enterprise resource planning (ERP) startup DualEntry announced a $90 million Series A round led by Lightspeed and Khosla Ventures, valuing the one-year-old business at $415 million. The company aims to replace traditional software like Oracle NetSuite with products that can automate routine tasks and provide predictive insights. A huge funding round from a top VC suggests the startup is likely to see impressive revenue growth. However, one venture capitalist who declined the investment told TechCrunch that DualEntry's annual recurring revenue (ARR) was only about $400,000 when the deal was considered in August. DualEntry co-founder Santiago Nestares…

Earlier this year, household goods maker Kohler launched a smart camera called Dekoda that attaches to the toilet bowl, takes a photo, and analyzes the image to provide advice on gut health. Anticipating privacy concerns, Kohler said on its website that Decoda's sensors only see below the toilet and claimed that all data is protected with “end-to-end encryption.” However, as security researcher Simon Fondrie-Teitler pointed out in a blog post on Tuesday, the company's use of the phrase “end-to-end encryption” is incorrect. If you read Kohler's privacy policy, it's clear that the company is referring to an encryption method (known…

Vulcan Elements, a rare earth magnet startup backed by Donald Trump Jr.'s VC firm 1789 Capital, has won a $620 million contract from the U.S. Department of Defense, the Financial Times reported. The deal is part of a $1.4 billion partnership with the U.S. government and Reelement Technologies to expand and strengthen the domestic supply of magnets, the company said. Trump Jr. joined 1789 Capital as a partner in 2024. The company is said to have invested in Vulcan Elements about three months ago, according to Bloomberg. In August, the company announced a $65 million Series A led by Altimeter…

While technology moves forward, society struggles to keep up. Masha Bucher, founder and GP of Day One Ventures, founded her company with the aim of bridging that gap by combining venture capital with hands-on PR to help portfolio companies not just raise money but actually break through the noise. Day One is an early backer of companies such as World, Superhuman, and Remote.com, and 12 of its portfolio companies are valued at multi-billion dollars. Today on TechCrunch's Equity podcast, Rebecca Bellan speaks with Bucher about why traditional PR is broken, how she chooses founders, and why every startup founder needs…

Tonight at Playground Global in Palo Alto, some very smart people who are building things you don't understand yet will explain what's coming. This is the last StrictlyVC event of 2025 and the line-up is truly ridiculous. Image credit: Aaron V. Barrera Photography The series traveled around the world under the auspices of TechCrunch. Steve Case rented a theater in Washington, DC. We spoke with the Greek Prime Minister in Athens. Kirsten Greene hosted us at the Presidio in San Francisco. However, the concept is always the same. Bring together people working on really important developments in a small environment…

Fintech company Marquis has notified dozens of U.S. banks and credit unions that customer data was stolen in a cyberattack earlier this year. Details of the cyberattack emerged this week after Marquis filed data breach notifications in multiple U.S. states confirming the Aug. 14 incident was a ransomware attack. Texas-based Marquis is a marketing and compliance provider that enables banks and other financial institutions to collect and visualize all their customer data in one place. The company has more than 700 bank and credit union customers listed on its website. As such, Marquis has access to and stores large amounts…