Author: TechBrunch
According to people close to the company, the Founders Fund is on track to sign a third growth fund fund at the end of March. The costumes belonging to Peter Thiel have raised $3 billion, TechCrunch and Axios also reported, sources said. Funds that are primarily intended to invest additionally in successful late stage portfolio companies are expected to be significantly oversubscribed. Founders Fund's previous $3.4 billion growth fund closed in early 2022 and is fully invested in companies like Rippling, which raised $200 million in April. The Founders Fund is also leading Anduril's latest pay raise, with a round…
Welcome to TechCrunch Fintech! This week we are considering fintech heavyweights like Klarna and Stripe incorporating Crypto into their strategy. This is a company planning IPOs such as Super Bowl ads for IPOs, Stripe's new startups and venture capital. Subscribe to our list of TechCrunch's biggest and most important fintech stories delivered to your inbox every Tuesday at 8am. Big story Image credit: Klarna Klarna CEO Sebastian Siemiatkowski posted in a post on February 8th that he and Klarna “accept Crypto” in X's post. According to the Financial Times, Swedish Shopping Now is Swedish Purchase Now. That's about a third…
Venture capitalists gobbles term sheets for startups that exercise artificial intelligence, but when it comes to funding a wider range of technology, they're doing fussy things. According to new figures from Analytics Firm Dealroom, the AI startup raised $110 billion last year. At the same time, private companies across the technology spectrum (startups and scale-ups) raised $227 billion in 2024, down 12% from 2023. Image credit: deelroom (screenshot) Dealroom founder Yoram Wijngaarde has been analyzing and counselling in the tech industry for decades. Marketplace had a barnstorming moment in the late 1990s and early 2000s in terms of investor attention,…
The Philadelphia Eagles will face New Orleans' Kansas City Chiefs on Sunday evening for Super Bowl weekend. Many people tune into the Super Bowl for real football, while others do so for halftime performances, harmonizing with the ads alone. This year's ad roster includes many of the names you'll expect to see at the Super Bowl, from beer companies like Budweiser and Coors to snack companies like Doritos. You will also see some ads from a few startups. For startups, especially those with limited cash flow and venture capital investors, spending the millions needed to grab an ad slot in…
Consumer demand for alternatives to Big Tech's social apps is intensifying. Alternative social networks like Bluesky and Mastodon are gaining momentum with those looking to leave X, while others are building alternatives to Tiktok, which are banned by open protocols. Similarly, many independent developers are also working on an open, decentralized alternative to Instagram, the Meta flagship photo sharing app with over 2 billion active users each month. While none of the newcomers are ready to match the size and range of meta, their ability to carve out small niches in the shadows of meta is compelling. They are also…
Apple has released a new app called Invites, designed to make it easy to create custom invitations for events on your iPhone or the web. Invites is Partiful for the popular invite app Apple that won the best Google Play app of 2024. With Invites you can create and share invitations, contribute to events, share albums, and curate event soundtracks. You will need an Icloud+ subscription to create an invitation. This costs 99 cents per month. However, anyone can use RSVP, whether they have an Apple account or an Apple device. This post will show you the process of creating…
Elon Musk recently said he “hasn't munched a bit to get Tiktok.” Musk made these comments in an interview at the Welt Economic Summit on January 28th. The video of the interview was released today. The interview comes after President Donald Trump delayed a law requiring the sale of Tiktoc ordinances to be banned in the US. At the time, there were reports that the Chinese government had accepted transactions to acquire apps by Musk (a major Trump alliance). Trump told reporters he wants to see Musk and Oracle Chairman Larry Ellison win Tiktok. He also signed an executive order…
Just six months after Defense Tech Anduril raised a massive $1.5 billion round of $15 billion, it is valued at $14 billion, raising another $2.5 billion, up to $28 billion We are discussing the evaluation. Naturally, this agreement is not led by the Founders Fund. Anduril's founder Palmer Luckey is the face of the company, but he nominated five men as co-founders, among his founder's partner Trae Stephens. Founders Fund has been an Anduril investor from the start and led the seed round in 2017. He also co-led to Anduril's 2024 fundraising. The previous round was to help Andrill pay…
The former IOS engineer, who was sued by Apple for leaking confidential information to a journalist, has issued an apology after the lawsuit against him was dismissed. The lawsuit, filed last year, has sent Andrew Aude thousands of messages to journalists at Wall Street Journal, sending over half a dozen Apple policies and products information, including details about Apple's Journal App and Its Vision Pro. He insisted. Headset. “I spent nearly eight years as an Apple software engineer,” Aude said in an apology posted to X. But instead of keeping this information secret, I made the mistake of sharing it…
Welcome to Startups Weekly – Summary every week everything you need to miss from the startup world. Want to put it in your inbox every Friday? Sign up here. This first week of February has been busy in the geopolitical aspects and in the world of startups and VC news, with many announcements and a huge amount of capital change. The most interesting startup story of the week Image credit: waabi The startup took a variety of views on the recurring dilemma of whether they are partners or not. Plus, warning stories about high burn rates, and beyond the IPO.…