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Startups Weekly: No sign of pause

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. You’d think WWDC would cause a lull in startup news. But not in June, when everyone is eager to announce their latest deals — or even to go public. Most interesting startup stories from the week Image Credits:Nasdaq This week brought us many reminders that no startup journey is linear — but the next billion-dollar idea may only be one click

The founder experience at TechCrunch All Stage: Built for people building what’s next

For a founder, time is the one resource you can’t raise. That’s why TechCrunch All Stage — happening July 15 in Boston’s SoWa Power Station — is designed to make every minute count. Whether you’re at the whiteboard sketching v1 of your product or figuring out how to lead a team of 50, TechCrunch All Stage meets you where you are — and gives you the access, insight, and connections to move forward faster. Plus, you can get a $210 discount on your ticket right now, if you move quickly. The day d

Multiverse Computing raises $215M for tech that could radically lower AI costs

Spanish startup Multiverse Computing on Thursday said it has raised an enormous Series B round of €189 million (about $215 million) on the strength of a technology it calls “CompactifAI.” CompactifAI is a quantum-computing inspired compression technology that is capable of reducing the size of LLMs by up to 95% without impacting model performance, the company said. Specifically, Multiverse offers compressed versions of well-known, open-source LLMs – primarily small models – such as Llama 4 Sco

Chime's IPO will test public market appetite for fintech as companies line up to exit

Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images There's a mini-boom happening in fintech. After a multi-year IPO slowdown triggered by rising rates and valuation resets, some of the emerging players in online stock trading, banking, lending and crypto-related services are hitting the public market, or at least preparing for a debut. The next test of Wall Street's enthusiasm is expected to come on Thursday, when Chime is slated to start trading on the Nasdaq. The provider of online bank

Jewel Burks Solomon’s Collab Capital has closed a new $75M fund

Collab Capital announced today the close of a $75 million Fund II. Jewel Burks Solomon, who rose to prominence in Silicon Valley during her years running Google for Startups US, has just closed her second fund for her VC firm Collab Capital. Fund II is $75 million and includes heavyweight limited partners like Apple, Goldman Sachs Asset Management, and The Leon Levine Foundation. Solomon co-founded the firm alongside Barry Givens in 2020 with an inaugural $50 million Fund I and invested in 38

Unit Network raises $18M for decentralized platform enabling real-world and digital asset trading

Unit Network, a decentralized financial ecosystem enabling trading of real-world and digital assets through tokenization, has raised $18 million. The venture capital investment was led by industry leaders such as the Blockchain Founders Fund and Outlier Ventures, alongside notable entrepreneurs including Cristina Venture (White Star Capital), Diego Gutiérrez Zaldívar (Rootstock), Joshua Seims (Metastable Capital), Richard Wang (Draper Dragon Fund), Thomas Hessler (Zanox), Yuval Rooz (DigitalAss

Immutable-backed Inevitable Games Fund grows 180% in 9 months

Immutable, in collaboration with King River Capital and Polygon Labs, today announced the inaugural returns on liquid investments of the Inevitable Games Fund (IGF). The fund recorded a 2.8 multiple on invested capital (MOIC) for investments that have launched token generation events (TGEs), outpacing the 1.36 multiple seen from Bitcoin during the same time period. Anchored by Alpha Wave Ventures, backed by Alpha Wave Global and the Abu Dhabi Royal Group’s Chimera Capital, IGF has made investm