General Catalyst
Kleiner Perkins announces $2 billion in fresh capital, showing that established firms can still raise large sums
Many VC firms are struggling to attract new capital from their own backers amid a tepid IPO environment. But established, brand-name firms are still able to raise large funds. On…
General Catalyst leads $40M round for Local Kitchens, a different kind of restaurant kitchen startup
Don’t call this company a “ghost kitchen.” Since its Series A in 2021, Local Kitchens grew 5x and achieved unit-level profitability.
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General Catalyst merges with Venture Highway in India push
General Catalyst is linking up with Venture Highway to make a deeper push into India, where it plans to invest over $500 million in coming years.
Jasper Health, a cancer care platform startup, laid off a substantial part of its workforce, TechCrunch has learned.
Dietitian startup Fay has been booming from Ozempic patients and emerges from stealth with $25M from General Catalyst, Forerunner
For years, Sammy Faycurry has been hearing from his registered dietitian (RD) mom and sister about how poorly many Americans eat and their struggles with delivering nutritional counseling. Although nearly…
How Y Combinator’s founder-matching service helped medical records AI startup Hona land $3M
Y Combinator’s founder matching tool has quietly become one of most powerful offerings. That’s how medical records AI startup Hona was founded.
Langdock raises $3M with General Catalyst to help companies avoid vendor lock-in with LLMs
Plenty of large corporations want to join the AI revolution, but many feel it’s too early to be locked into one foundational model. That means there’s a market for a…
Collaborative Robotics is prioritizing ‘human problem solving’ over humanoid forms
Humanoids have sucked a lot of the air out of the room. It is, after all, a lot easier to generate press for robots that look and move like humans.…
Orchard vision system turns farm equipment into AI-powered data collectors
Agricultural robotics are not a new phenomenon. We’ve seen systems that pick apples and berries, kill weeds, plant trees, transport produce and more. But while these functions are understood to…
Finom, a European challenger bank aimed at SMEs (small and medium-sized enterprises) and freelancers, has raised €50 million ($54 million) in a Series B equity round of funding. Founded out…
Bugcrowd snaps up $102M for a ‘bug bounty’ security platform that taps 500K+ hackers
Bugcrowd — the startup that taps into a database of half a million hackers to help organizations like OpenAI and the U.S. government set up and run bug bounty programs,…
General Catalyst leads $200M investment into Bilt Rewards, doubling its valuation to $3.1B
Bilt Rewards, whose platform aims to allow consumers to earn rewards on rent and daily neighborhood spend, has raised $200 million at a $3.1 billion valuation, the company announced today.…
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General Catalyst eyes VC deal in India push
General Catalyst, one of the largest U.S. venture capital firms, is in talks to acquire an India-focused VC as part of efforts to expand its presence in the fast-growing South Asian startup market, three sources familiar with the matter told TechCrunch. The deal would allow General Catalyst to tap deeper…
PhysicsX emerges from stealth with $32M for AI to power engineering simulations
A lot of the buzz these days in artificial intelligence is around generative AI and how AI is being used to accelerate software and products for consumers. Today, an AI…
General Catalyst and European early-stage fund La Famiglia ‘join forces’ to invest in European startups
In a move that will help cement the incursion of U.S.-based VCs into the European ecosystem, General Catalyst and La Famiglia have announced they are, in their words, “joining forces.”…
Deal Dive: Why does General Catalyst want to buy a healthcare system?
Why would a VC firm want to own its own healthcare system? Why would it want that stress or such a costly asset when it could just continue with its…
Defense AI startup Helsing breaks the record for European AI, raising a $223M Series B
Helsing, a “Defense AI” startup backed by Spotify founder Daniel Ek which had previously raised €102.5 million, has today pulled in another €209 million ($223 million) in a Series B…
Bandana is building a platform to help hourly wage workers find better jobs
Bandana’s co-founder and CEO Timothy Makalinao grew up in a working class household and saw firsthand how hard it can be for hourly wage employees to find decent work and…
Modular secures $100M to build tools to optimize and create AI models
Modular, a startup creating a platform for developing and optimizing AI systems, has raised $100 million in a funding round led by General Catalyst with participation from GV (Google Ventures),…
Pylon wants to make it easier to manage B2B conversations in Slack
As email becomes an increasingly clogged communication mechanism, businesses looking for more direct ways to communicate with their customers in a B2B context have been turning to Slack, Microsoft Teams,…
Gusto reaches $500M in trailing revenue, teams up with Remote to support international hires
Gusto, best known for its American payroll management software and services, is playing in the big leagues.
Enterprises and marketplaces that need to take and make payments across multiple geographies and products have typically relied on mix-and-match bags of third-party services patched together by teams of engineers…
Youth mental health startup Somethings launches with a $3.2M raise led by General Catalyst
Patrick Gilligan’s childhood struggle with food began when he was 10 years old. Placed on a caloric-restrictive diet by a doctor, the regime left him feeling ashamed and alone and…
AI, specifically generative AI, has the potential to transform healthcare. At least, that’s the sales pitch from Hippocratic AI, which emerged from stealth today with a whopping $50 million in…
Triumph raises $14M for an SDK to add real-money tournaments into games
The surge of interest in e-sports, online fantasy leagues and more extensive online financial infrastructure have made the concept of real-money gaming more popular among consumers and games developers. Today…
Summer’s student debt repayment tools continue blooming with $6M Series A extension
To date, Summer has delivered over $1 billion in total projected savings for student loan borrowers across the United States.
Jigso is building an AI assistant to surface the data employees need automatically
Workers are being bombarded with data from a variety of sources. If the point is to make people more productive, as the volume increases, the more difficult it is to…
Adept, a startup training AI to use existing software and APIs, raises $350M
In another sign that the current VC appetite for AI is insatiable, Adept, a startup building AI that “enables humans and computers to work together creatively to solve problems,” yesterday…
Finch lands $40M to connect disparate HR systems with a single API
Finch, a platform that helps companies connect to various HR apps, services and systems, today announced that it raised $40 million in a Series B round co-led by General Catalyst…
Puzzle is building a modern accounting package for today’s API-enabled startups
A company starting from scratch today is probably going to use a stack of financial software with the most modern fintech tools. These could be things like Stripe for payments,…
