Latest from Marina Temkin
Fintech
Honeycomb Insurance grabs $36M Series B from solo VC-led Zeev Ventures
4:45 am PDT • May 7, 2024
When Itai Ben-Zaken’s first startup failed in 2018, the former BCG consultant and Wharton MBA spent months trying to understand what he could have done differently during the five years…
According to SEC filings, ICONIQ Growth has raised $5.21 billion across two funds affiliated with the Seventh Growth Fund Family. However, the firm’s original fundraising was $5.75 billion, according to…
Featured Article
Haun Ventures is riding the bitcoin high
Haun Ventures has made 48 investments, including some of its token positions, across its early-stage $500 million and $1 billion later-stage acceleration funds.
4:24 pm PDT • May 1, 2024
Asheem Chandna says he was so impressed with founder Bipul Sinha’s grit and tech, he led Rubrik’s $40 million Series B in 2015.
Venture
Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn
4:24 pm PDT • April 25, 2024
Norwest Venture Partners, a 65-year-old firm backed solely by Wells Fargo, has raised its 17th fund at $3 billion. That’s a noteworthy number, given that NVP last raised the same…
Biotech & Health
Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs
5:16 pm PDT • April 24, 2024
Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, ARCH Venture…
Startups
Campus, a community college startup, receives $23M Series A extension led by Founders Fund
7:00 am PDT • April 23, 2024
Although many students in the United States enter community colleges intending to transfer to four-year universities, only 16% of those students receive bachelor’s degrees within six years. But Campus, an…
Fundraising
Clarity Pediatrics raises $10M for treating ADHD and other chronic childhood conditions
9:00 am PDT • April 22, 2024
Raising young kids who have been diagnosed with, or are suspected of having, ADHD can be challenging. Some children with this condition may have difficulties completing school work or grow…
Featured Article
HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B
Late-stage HR tech startup Rippling is raising new capital. The company’s new round, which has not yet closed, would inject $200 million into Rippling with another $670 million worth of shares being sold by existing stockholders, according to two people familiar with the deal. This will be Rippling’s Series F…
1:39 pm PDT • April 16, 2024
Biotech & Health
Two Chairs raises $72M Series C in equity and debt to scale its therapist network
4:00 am PDT • April 16, 2024
When Alex Katz founded Two Chairs in 2017, he firmly believed that in-person therapy is the most effective for behavioral health. Two Chairs used technology — a proprietary matching algorithm…
Startups
API startup Noname Security nears $500M deal to sell itself to Akamai
2:54 pm PDT • April 12, 2024
Akamai Technologies is in advanced acquisition talks with Noname Security, an API cybersecurity startup, according to a people person familiar with the deal.
Startups
Virtual physical therapist Hinge Health lays off 10% of its workforce
4:32 pm PDT • April 11, 2024
The 9-year-old Hinge Health offers a digital solution to treat chronic musculoskeletal (MSK) conditions and was last valued at $6.2 billion in October 2021.
Venture
Cendana, Kline Hill have a fresh $105M to buy stakes in seed VC funds from LPs looking to sell
9:00 am PDT • April 11, 2024
Fund-of-funds investor Cendana Capital has joined with Kline Hill Partners for a new oversubscribed fund to buy out stakes from seed LPs looking for liquidity.
Startups
Kiki World, a beauty brand that uses web3 for customer co-creation and ownership, raises $7M from a16z
5:00 am PDT • April 9, 2024
If you think that choosing a nail polish color or which ingredients go into your face cream can’t have anything to do with blockchain, think again. Kiki World, a beauty…
Startups
YC’s latest Demo Day shows fascinating wagers on healthcare, chip design, AI and more
12:24 pm PDT • April 4, 2024
As we did on Wednesday, a number of the TechCrunch crew watched the entire run of presentations, picking out a handful of favorites to highlight.
Venture
The startup fundraising squeeze could persist as VCs struggle to refill their own coffers
1:13 pm PDT • April 3, 2024
Many startups are hoping that the gradual opening of an IPO window and the prospect of interest rate cuts later this year will finally encourage VCs to be less stingy…
Featured Article
The 18 most interesting startups from YC’s Demo Day show we’re in an AI bubble
From AI-generated music and grant applications to neat new fintech applications and even some healthtech work, there was something for everyone.
12:44 pm PDT • April 3, 2024
Security
Rubrik’s IPO filing hints at thawing public markets for tech companies
1:27 pm PDT • April 2, 2024
Rubrik initially presents as a moderately growing software business with net losses that stretched to $354 million in its most recent fiscal year.
Venture
Sam Altman gives up control of OpenAI Startup Fund, resolving unusual corporate venture structure
1:34 pm PDT • April 1, 2024
OpenAI CEO Sam Altman has transferred formal control of the eponymously firm’s named corporate venture fund to Ian Hathaway, OpenAI confirmed to TechCrunch. The OpenAI Startup Fund, launched in 2021,…
Startups
Furnished rental startup Blueground defies proptech woes with $560M in revenue, a new $45M raise
3:00 am PDT • March 28, 2024
Blueground, which operates a global network of furnished apartment rentals for stays of a month or more, has raised $45 million, on sales of $560 million.
Reddit priced its stock on Wednesday at $34 a share, the top of the anticipated range, a signal that investors are excited about the company’s IPO on Thursday. The social…
