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Astronomer CEO resigns following Coldplay concert scandal

Andy Byron, the startup executive at the center of an extraordinary social media furor, has resigned as CEO of data operations startup Astronomer. Byron, who is married, was captured on a Coldplay concert “kiss cam” with his arms around the company’s chief people officer Kristin Cabot. After Byron and Cabot quickly tried to hide from the camera, Coldplay singer Chris Martin joked, “Either they’re having an affair or they’re just very shy.” Video of the awkward incident soon went spectacularly

Lovable becomes a unicorn with $200M Series A just 8 months after launch

Fast-growing Swedish AI vibe coding startup Lovable has become Europe’s latest unicorn. Only eight months since its launch, the startup has raised a $200 million Series A round led by Accel at a $1.8 billion valuation. Like Cursor and other platforms that help developers write code and build apps by harnessing the coding and reasoning abilities of large language models, Stockholm-based Lovable helps people use natural language to create websites and apps. The startup’s trajectory so far has cha

India eyes global quantum computer push — and QpiAI is its chosen vehicle

QpiAI, an Indian startup that claims to integrate AI and quantum computing for enterprise use cases, has raised $32 million in a new funding round co-led by the Indian government as the company aims to expand its presence and develop utility-scale quantum computers for markets around the world. The Indian government’s $750 million National Quantum Mission has co-led QpiAI’s all-equity Series A round, alongside Avataar Ventures, at a post-money valuation of $162 million. The funding reflects In

Scale AI lays off 14% of staff, largely in data-labeling business

In Brief Data-labeling startup Scale AI is laying off 200 employees, roughly 14% of its staff, and cutting ties with 500 of its global contractors, Bloomberg reported on Wednesday. The cuts come just a month after Meta hired Scale AI’s CEO in a $14.3 billion deal. In a memo obtained by Bloomberg, interim CEO Jason Droege told staff that Scale AI had too quickly scaled its core data-labeling business — in which the startup supplied AI labs with labeled, structured data to train AI models. Droeg

AV startup Pronto acquires off-road autonomous vehicle rival SafeAI

The Venn diagram of engineers who know a little bit about AI, self-driving, and mining has a small intersection. Pronto CEO Anthony Levandowski wants as many of those people as possible. And an acquisition is helping him achieve that goal. The San Francisco-based startup, which has developed a self-driving system designed for haulage trucks and other off-road vehicles used at construction and mining sites, has acquired competitor SafeAI, TechCrunch has learned. Terms of the deal have not been

Cognition, maker of the AI coding agent Devin, acquires Windsurf

Cognition, the startup behind the viral AI coding agent Devin, announced in a blog post on Monday that it has signed a definitive agreement to acquire AI coding startup Windsurf. The announcement comes just days after Google hired away Windsurf’s CEO Varun Mohan, co-founder Douglas Chen, and research leaders in a $2.4 billion deal, a reverse-acquihire that left the rest of the startup’s 250-person team behind. Google’s deal occurred just hours after OpenAI’s $3 billion offer to acquire Windsurf

Google hires Windsurf CEO Varun Mohan, others in latest AI talent deal

Google on Friday made the latest a splash in the AI talent wars, announcing an agreement to bring in Varun Mohan, co-founder and CEO of artificial intelligence coding startup Windsurf. As part of the deal, Google will also hire other senior Windsurf research and development employees. Google is not investing in Windsurf, but the search giant will take a nonexclusive license to certain Windsurf technology, according to a person familiar with the matter. Windsurf remains free to license its techn

Startups Weekly: Still running

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This newsletter took a break for the Fourth of July, and maybe you did, too, but the news didn’t. Even the biggest startups are still running after more funding. To help you catch up, we’ve got the top startup stories from the week, plus some from the previous one. Most interesting startup stories from the week Image Credits:Haje Kamps / Tec

Get your exhibit table at TechCrunch Disrupt 2025

Time is running out to secure your exhibit table at TechCrunch Disrupt 2025, October 27-29, at Moscone West in San Francisco. This is your chance to get your startup in front of 10,000+ startup pioneers, VC leaders, and tech enthusiasts. Learn more and grab your table here before your competitor does. Maximum exposure for your startup For three full days, you’ll put your innovation directly in front of an eager, influential audience. Expand Your Reach: Showcase your solutions in the bustling

6 days until TechCrunch All Stage kicks off in Boston — and up to $475 in ticket savings disappear

In just 6 days, the doors to TechCrunch All Stage swing open in Boston’s SoWa Power Station — and your chance to save up to $475 slams shut. This isn’t just another founder event. It’s the summit designed to help startups move faster, fundraise smarter, and scale more effectively. Whether you’re refining your pitch, preparing to raise capital, or leading a growing team, TC All Stage delivers the tools, tactics, and connections you need to move forward. Right now, Founder Passes are only $100 a

European VC breaks taboo by investing in pure defense tech from Ukraine’s war zones

Defense tech has gone from a no-go zone for VCs to a hot investment sector. However, dual use — meaning that the technology must also have civilian applications — is still a requirement for most of them, including the NATO Innovation Fund. Estonian VC firm Darkstar breaks from this trend by investing in purely military applications, with the goal of helping rearm Europe using combat-proven solutions emerging from Ukraine. “This is very critical, not only today but for the next 10 years,” said i

LangChain is about to become a unicorn, sources say

LangChain, an AI infrastructure startup providing tools to build and monitor LLM-powered applications, is raising a new round of funding at an approximate $1 billion valuation led by IVP, according to three sources with knowledge of the deal. LangChain began its life in late 2022 as an open-source project founded by Harrison Chase, who was then an engineer at machine learning startup Robust Intelligence. After generating significant developer interest, Chase transformed the project into a start

Thank you to the visionaries: Celebrating the partners behind TechCrunch All Stage

At TechCrunch All Stage, we’re excited to showcase the partners who help shape the conversation around innovation and entrepreneurship. Their involvement goes beyond sponsorship — they bring real-world insights that reflect the pulse of today’s startup landscape. From fresh ideas to practical strategies, these partners are driving the energy and inspiration that fuel the event both onstage and beyond. Don’t miss the exhibit tables from our TC All Stage partners on July 15: A big thank-you to o

AI is forcing the data industry to consolidate — but that’s not the whole story

The data industry is on the verge of a drastic transformation. The market is consolidating. And if the deal flow in the past two months is any indicator — with Databricks buying Neon for $1 billion and Salesforce snapping up cloud management firm Informatica for $8 billion — momentum is building for more. The acquired companies may range in size, age, and focus area within the data stack, but they all have one thing in common. These companies are being bought in hopes the acquired technology w

Who is Soham Parekh, the serial moonlighter Silicon Valley can't stop hiring?

In the last week, social media users have shared dozens of stories about encounters with Soham Parekh, a software engineer who seems to have been simultaneously working at multiple Silicon Valley startups — unbeknownst to the companies — for the last several years. But who is Parekh, how did he pull off his career as a serial moonlighter, and why can’t Silicon Valley get enough of him? Origins of virality The saga all started when Suhail Doshi — CEO of image generation startup Playground AI —

Who is Soham Parekh, the serial moonlighter Silicon Valley startups can’t stop hiring?

In the last week, social media users have shared dozens of stories about encounters with Soham Parekh, a software engineer who seems to have been simultaneously working at multiple Silicon Valley startups — unbeknownst to the companies — for the last several years. But who is Parekh, how did he pull off his career as a serial moonlighter, and why can’t Silicon Valley get enough of him? Origins of virality The saga all started when Suhail Doshi — CEO of image generation startup Playground AI —

Ilya Sutskever will lead Safe Superintelligence following his CEO’s exit

OpenAI co-founder Ilya Sutskever says he is stepping into the CEO role at Safe Superintelligence, the AI startup he launched in 2024. In a post on X, Sutskever confirmed Thursday that Daniel Gross, the startup’s co-founder and CEO, departed the company as of June 29. Safe Superintelligence co-founder Daniel Levy is becoming president of the startup, according to Sutskever. The announcement follows weeks of reporting that Meta CEO Mark Zuckerberg was in advanced talks to hire Gross, as well as h

Tighten up your cap table with Fidelity, Cimulate, and DepositLink at TechCrunch All Stage 2025

Fundraising is already hard — don’t let a messy cap table make it harder. At TechCrunch All Stage on July 15, founders will get a behind-the-scenes look at what it really takes to keep a raise on track during the roundtable session “Preparing to Raise: Cap Table Best Practices to Help You Close Fast.” Hosted on the Foundation Stage, this conversation brings together seasoned legal, financial, and founder voices to share what works, what slows things down, and what it actually takes to close qui

Road to Battlefield: Central Eurasia’s gateway to TechCrunch Startup Battlefield

Historic regional competition launches to showcase Central Eurasia’s rising startup ecosystem on Silicon Valley’s biggest stage. For the first time in its history, Central Eurasia will have a direct pathway to TechCrunch Startup Battlefield through the launch of “Road to Battlefield,” a groundbreaking regional competition that promises to put the underrepresented region firmly on the global innovation map. The competition, organized by Silkroad Innovation Hub in partnership with TechCrunch and

Road to Battlefield: Central Eurasia’s Gateway to TechCrunch Startup Battlefield

Historic regional competition launches to showcase Central Eurasia’s rising startup ecosystem on Silicon Valley’s biggest stage. For the first time in its history, Central Eurasia will have a direct pathway to TechCrunch Startup Battlefield through the launch of “Road to Battlefield,” a groundbreaking regional competition that promises to put the underrepresented region firmly on the global innovation map. The competition, organized by Silkroad Innovation Hub in partnership with TechCrunch and

Tiny AI ERP startup Campfire is winning so many startups from NetSuite, Accel led a $35M Series A

AI-powered accounting startup Campfire announced Monday that it has raised a $35 million Series A led by Accel, with participation from Foundation Capital, Y Combinator, Capital49, and angel investors including Mercury’s CFO Dan Kang. “Within nine months of formation, we had customers [with] north of 100 employees ripping out NetSuite and putting in Campfire,” founder CEO John Glasgow said. Some of Campfire’s customers that have migrated from NetSuite include wealth management platform Advisor3

Jennifer Neundorfer on how AI is reshaping the way startups are built — live at TechCrunch All Stage

AI marks the most significant revolution in startup development since the advent of cloud computing. This isn’t just an incremental change; AI is fundamentally reshaping every facet of company building, from the initial spark of idea validation and the intricate process of product development to the critical areas of team structuring and go-to-market strategies. Jennifer Neundorfer, co-founder and managing partner at January Ventures, unpacks the new rules of engagement for the AI era, offering

TechCrunch All Stage 2025 welcomes Boldstart partner Ellen Chisa to talk early-stage enterprise bets

We’re thrilled to announce that Ellen Chisa, partner at Boldstart Ventures, will be joining us at TechCrunch All Stage 2025 for an energizing conversation about investing in enterprise startups from day one. She’s one of the standout voices shaping this year’s lineup of founders, funders, and operators gathering July 15 in Boston’s SoWa Power Station, and you won’t want to miss what she brings to the table. All Stage is where startup builders get real answers to real questions — from how to rai

Startups Weekly: Tech and the law

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Before this newsletter takes a break for the Fourth of July next week, here are the startup stories and funding rounds that caught our eye over the last few days, which have been quite busy. Most interesting startup stories from the week Image Credits:SOPA Images / Contributor / Getty Images This week brought us lawsuit updates, M&As, and a

TechCrunch All Stage 2025: Prepare 4 VC’s Jason Kraus will instruct on how to turn chaos into momentum

Being a founder often feels like you’re building the plane midflight. You’re juggling fundraising, product-market fit, marketing strategy, hiring — while quietly wondering if you’re even doing it right. TechCrunch AllStage 2025, which is happening on July 15 at the SoWa Power Station in Boston, is built to answer those questions. Whether you’re pitching VCs, recruiting a killer team, or trying to make sense of your startup’s finances (and your own), All Stage offers actionable insights from peo

David H. Rosmarin brings a founder-focused approach to anxiety at TechCrunch All Stage

Startups demand constant decision-making, pressure-filled pivots, and bring big emotional swings. It’s no wonder anxiety shows up at every stage. But what if it didn’t have to be a liability? At TechCrunch All Stage 2025 on July 15 at Boston’s SoWa Power Station, Dr. David H. Rosmarin, clinical psychologist, author, and Harvard Medical School professor, will lead a refreshingly honest roundtable session that challenges how founders think about fear and pressure. His roundtable, “Thriving with A

Creating a pan-European legal entity, the right way

You can just do things – Creating a pan-European legal entity, the right way Jun 27, 2025 · 16 min read · 6 views Context: I am part of a group of people that push for a pan-European legal entity in Europe: EU Inc The goal of this post is to explain a) how we got so far and b) what’s still needed and c) how you can help First the good news: Brussels is convinced, something like EU-Inc will come. The bad news: The startup ecosystem needs to stay actively involved, otherwise politicians will

Meta in talks to acquire voice cloning startup Play AI

In Brief Alongside bolstering its AI research talent pool, Meta seems to be keen to flesh out its consumer-facing AI features. The company is in discussions to acquire a voice cloning startup called Play AI, Bloomberg reported, citing anonymous sources. The tech giant aims to buy the startup’s tech and bring on board some of its staff, the report said. Play AI lets anyone clone different kinds of voices that they can use for AI-powered use cases, such as customer service, per its website. The

Some thoughts on my first YC Demo Day

This year was my first time attending YC Demo Day. It’s a fascinating event and, really a fascinating product for investors. Growing up in the bay area, I remember over a decade ago admiring people in YC. I was always impressed and it is a real privilege to be able to attend from the other side (as an investor). I went not because I am a prolific investor, I went because I thought that it would be a unique experience. The Product: Startups This seems obvious, but the startups are the produc