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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

Why a16z VC believes that Cluely, the ‘cheat on everything’ startup, is the new blueprint for AI startups

When Cluely, a startup claiming to be building a product that helps people “cheat” on everything, announced that it raised a $15 million Series A financing from Andreessen Horowitz, some people on X criticized the VC firm for backing the controversial company. After all, Cluely isn’t just offering a product that may have questionable uses, but the startup has become famous for using what many people call rage-bait marketing. But Cluely’s ability to grab attention is precisely what attracted a1

Blacklisted by the U.S. and backed by Beijing, this Chinese AI startup has caught OpenAI's attention

OpenAI is putting a spotlight on an under-the-radar artificial intelligence startup that it believes is on the "front line" of China's race to lead the world in AI — and its not DeepSeek. In a blog post on Wednesday, the company wrote that Beijing-backed Zhipu AI has made "notable progress" in the AI race, as global competition ramps up. Zhipu AI, founded in 2019, has been referred by domestic media as one of China's "AI tigers" — a class of large language model unicorns seen as key to Beijing

Indian drone startup Raphe mPhibr raises $100M as military UAV demand soars

Indian drone startup Raphe mPhibr has raised $100 million in an all-equity Series B round led by General Catalyst, as the startup aims to boost its R&D and local production capabilities amid growing demand for drones in battlefields and for border surveillance. Drones are becoming increasingly ubiquitous in global military operations. In recent and ongoing conflicts, countries have turned to drones for rapid infiltration and high-impact strikes. The recent India-Pakistan war is a prime example,

Winning capital for your AI startup? Kleida Martiro is leading the conversation at TechCrunch All Stage

AI-native startups are rewriting the rules of what early traction looks like — and too often, investors are still playing by the old ones. At TechCrunch All Stage, happening in Boston on July 15, Kleida Martiro, partner at Glasswing Ventures, will lead a breakout that cuts straight to the core of this disconnect. Her session, “Winning Capital in a Competitive Market: How to Fund Your AI-Native Startup,” on the Foundation Stage, explores how early stage AI founders can frame their growth story i

India’s GoKwik raised a small $13M round for a hefty leap in valuation

GoKwik, an Indian startup that offers a suite of integrated e-commerce products, has raised a small round of $13 million, which it calls a “growth” round, that has boosted its valuation to $450 million pre-money. While the new funding round, led by RTP Global, is 63% smaller than its Series B of $35 million, announced in May 2022, it has valued the New Delhi-based startup 43% more than its last pre-money valuation of $315 million. The fresh funding also included participation from the startup’s

Thanks to Fidelity and our amazing sponsors, TechCrunch All Stage is where startups rise

At TechCrunch All Stage, we’re proud to spotlight our partners — not only for their support, but also for the invaluable expertise they bring to the conversation. Their sessions deliver front-line insights into the startup ecosystem and are must-attend moments for anyone looking to navigate and thrive in today’s dynamic entrepreneurial landscape. We sincerely thank Fidelity, whose support is powering this year’s TC All Stage programming. Their commitment to startup success helps fuel the knowled

Last day to save on your TechCrunch All Stage pass — prices go up tonight

It’s now or never — this is your final day to lock in savings for TechCrunch All Stage, happening July 15 in Boston. Prices increase tonight, June 22, at 11:59 p.m. PT. If you’ve been thinking about attending, now’s the time to commit. Register here. TC All Stage brings together founders, investors, and operators from across the startup landscape for one high-intensity day of strategy, storytelling, and startup momentum. Whether you’re building something new or backing what’s next, this is the

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