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Harvey raises $550M at $15.5B valuation, tripling worth in nine months

Legal AI startup Harvey has closed a $550 million funding round valuing it at $15.5 billion, co-led by Diffusion and Lightspeed Venture Partners. The raise comes just months after an $11 billion valuation in March and an $8 billion mark last December, bringing Harvey's total funding past $1.55 billion. The deal follows the company's launch of its own in-house model, Harvey Tenet, built on an open-weight foundation with help from Fireworks.

Entrepreneur Op-Ed Urges Founders to Diversify Into Private Capital Markets

A contributor for Entrepreneur argues that founders and business owners are increasingly turning to private capital, not just public markets, to grow wealth. The piece explains that more than 99% of U.S. companies are privately held, and that many valuable businesses build significant worth well before any public listing.

Betaworks' early bet on Hugging Face nets stake worth up to $650 million

Betaworks, the venture firm led by John Borthwick, was the first investor to fund AI startup Hugging Face and now holds an equity stake estimated at roughly $650 million. Other early backers of the company also saw substantial gains from their initial investments.

Essay argues a small clique of billionaires has hijacked venture capital into 'Cancer Capital'

A former startup CEO who has raised tens of millions in VC funding argues that traditional venture capital, once about backing founders to build companies, has been co-opted by a small group of extremely wealthy investors. He says this cohort now operates with little accountability to markets, regulators, or voters, using the VC label to pursue a broader ideological agenda rather than genuine innovation.

VCs Shift Bets to Sports, Casinos and Travel as AI-Proof Investments

Venture capital firms are increasingly directing funding toward businesses built around physical, real-world experiences—such as sports, gambling and travel—rather than digital or software-based startups. The strategy reflects investor concern that AI's rapid advancement could quickly disrupt or devalue many traditional tech business models.

Entrepreneur and Statista Launch Survey on Top Business Tools for Startups

Entrepreneur magazine, working with Statista, is collecting recommendations from founders, startup employees, investors and service providers about their favorite business tools and services across finance, legal, HR, marketing, product and tech support. The findings will be compiled into a ranking of the most valued startup resources, to be published in an upcoming issue of Entrepreneur magazine.

Founders Urged to Diversify Startup Funding Beyond Venture Capital

An Entrepreneur contributor argues that startups can no longer rely solely on a single venture capital raise as their financing plan, citing a sharp drop in global VC fundraising and slower exits that have left many funds unable to return money to their own investors. The piece recommends founders build a three-part capital stack combining equity, debt-based instruments and profitability to reduce dependence on favorable market timing.

AI Startups Raised Record $242B in Q1 2026, But Weak Finances Sink Deals

Crunchbase data shows global venture funding hit $300 billion in the first quarter of 2026, an all-time high, with AI companies capturing $242 billion, or 80% of that total. Despite the surge, an advisor to high-growth and venture-backed firms notes that founders are increasingly losing deals not because of weak technology, but because of shaky financial and operational foundations that investors uncover during due diligence.

Julia Collins on lessons from co-founding unicorn Zume Pizza and building Planet FWD

Julia Collins, who became the first Black woman to co-found a unicorn company after Zume Pizza hit a $1 billion valuation in 2018, later left to launch Planet FWD, a platform helping brands track and cut their carbon footprint. In an interview, she reflected on her entrepreneurial upbringing, her early career as the first hire at food chain Mexicue, and her approach to leadership across the more than $500 million she has raised in venture capital.

Perceptron launches Isaac 0.5, an open-weight vision model for factory robots

Perceptron, a startup founded by former Meta FAIR researchers Armen Aghajanyan and Akshat Shrivastava, has released Isaac 0.5, a vision model built to help robots perceive and navigate physical settings like warehouses and factories. The model is open-weight, meaning its parameters and training data are publicly inspectable, and the company recently closed a $21 million round led by Bessemer Venture Partners.

JOCO Builds Physical E-Bike Infrastructure to Compete With Software-First Startups

JOCO, a New York-based mobility company backed by roughly $7.5 million in venture funding, has built one of the largest urban e-bike infrastructure networks in the country, serving enterprise clients like Amazon, Uber Eats, Grubhub, Instacart and Gopuff. Its rise reflects a broader shift among startups away from pure software scaling toward capital-efficient, infrastructure-heavy business models as investor scrutiny tightens.

TechCrunch opens Side Events applications for Disrupt 2026, deadline September 4

TechCrunch is inviting companies, investors and community organizers to apply to host official Side Events around Disrupt 2026, which runs October 13-15 in San Francisco. Approved events can take place anytime from October 10-16 and will be promoted to Disrupt's more than 10,000 attendees through official marketing channels. Applications close September 4.