Venture Capital

PayPal Holdings Inc. (NYSE:PYPL) is closing down PayPal Ventures, its decade-old corporate investing group. The unit's staffing has dwindled to just two people, down from more than 10 late last year. PayPal has also been weighing secondary-market sales of some venture stakes and brought in...

Defense technology startups have attracted a record $14.6 billion in venture funding during the first five months of 2026, surpassing the previous full-year record before the calendar even reached June. At the center of the frenzy are two of the industry’s biggest names: Anduril Industries...

Databricks has agreed to acquire Panther Labs for an undisclosed price to expand the data company's footprint in cybersecurity. The San Francisco-based company positioned the deal as a step toward competing with larger rivals CrowdStrike and Splunk, Reuters reported. Panther Labs was last valued at...

For the past two years, investors seeking exposure to artificial intelligence have largely chased the companies building the models: OpenAI, Anthropic, xAI, and other headline-grabbing startups promising to reshape the economy. But a growing body of venture data suggests the real AI trade may have...

For venture capitalists starved for blockbuster exits, Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) public debut may be exactly what they’ve been waiting for. “A SpaceX IPO is a landmark moment for the space economy. More than simply attracting additional venture capital,...

Standard Bots has raised $200 million in a Series C funding round that values the robotics company at $1 billion. The round comes as the manufacturer looks to accelerate production of AI-driven industrial automation systems. RoboStrategy, a robotics-focused fund, led the effort alongside General...

Anthropic overtook OpenAI as the world's most valuable startup after raising $65 billion in Series H, valuing the company at $965 billion. Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital led the funding round. "This funding will help us serve the historic demand we are experiencing,...

Cognition, an artificial intelligence lab and software startup, has secured more than $1 billion in funding that values the company at $26 billion.  The round was led by Lux Capital, General Catalyst and 8VC with participation from existing backers such as Founders Fund, Elad Gil, Alpha Wave,...

Stord has closed a $250 million Series F at a $3 billion valuation and rolled out Stord Labs, a new robotics and AI initiative. Investors participating in the round included Strike Capital, Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, Bond, and Lux, among others....

John O'Farrell, a partner at venture capital firm Andreessen Horowitz, says he believes carried interest is essentially compensation for doing work, managing investments and generating returns; therefore, it should be treated as ordinary income. “I’ve argued for more than 15 years that...

Anduril announced its Series H Funding round has raised $5 billion, putting the defense technology company's valuation at $61 billion. The funding round was led by Josh Kushner's Thrive Capital and Andreessen Horowitz. "This financing gives us the ability to continue investing aggressively in...

Robinhood Ventures Fund II (RVII) has confidentially submitted a draft registration statement to begin the process to register a public offering of its shares. The number of shares to be offered and the size of the fund have not yet been determined, Robinhood said in a blog post. RVII is expected...

Josh Kushner's Thrive Capital and Alphabet (NASDAQ:GOOG) are leading new financing for Isomorphic Labs, an AI-powered drug discovery company. The London-based company, spun out of Google DeepMind, plans to raise $2 billion to expand its business globally, Bloomberg reported. Isomorphic, founded in...

One of the hottest private companies is software giant Databricks, recently valued at $134 billion. The growth of the company's valuation could help explain why retail investors are rushing to new offerings that give them exposure to pre-IPO companies.   Robinhood Venture Fund Sees Huge Demand...

Andreessen Horowitz has raised $2.2 billion for Crypto Fund 5, targeting projects that merge crypto, AI, and traditional finance. CTO Eddy Lazzarin, recently promoted to general partner, will lead the fund, Bloomberg News reported. The firm now manages roughly $9.8 billion in crypto across five...