Primary Ventures raises healthy $625M Fund V to focus on seed investing
Primary Ventures has closed a $625 million fund focused on seed investing nationwide. It’s a sizeable accomplishment for a seed-stage VC firm.
Startups
Databricks CEO says SaaS isn’t dead, but AI will soon make it irrelevant
AI isn’t going to replace major SaaS apps with vibe-coded versions, Databricks CEO Ali Ghodsi believes. But it could give rise to competitors.
Ex-Googlers are building infrastructure to help companies understand their video data
Founded by former Google Japan leaders, InfiniMind is building enterprise AI to turn vast, unused video archives into searchable, actionable business intelligence.
Uber to buy delivery arm of Turkey’s Getir
The deal will see Uber paying $335 million at the outset to purchase Getir’s food delivery business. Uber will also pay $100 million for a 15% stake in Getir’s grocery, retail and water delivery business.
Call for speakers: TechCrunch Founder Summit 2026
Submit to speak at TechCrunch Founder Summit 2026 to lead a roundtable. Share scaling insights with 1,100 founders on June 23 in Boston. Apply here.
The battle begins: 2026 Startup Battlefield 200 nominations are open
Calling Pre-Series A founders: nominations for TechCrunch Startup Battlefield 200 are open. Compete in the world’s most iconic pitch competition at Disrupt 2026 from October 13 – 15.
Gather AI, maker of ‘curious’ warehouse drones, lands $40M led by Keith Block’s firm
Gather AI has closed funding from former Salesforce CEO’s firm Smith Point Capital. Its warehouse AI system doesn’t just scan. It seeks out specific data.
India has changed its startup rules for deep tech
India is adjusting startup rules to help more of its deep tech startups with funding and long-term success.
How Elon Musk is rewriting the rules on founder power
Elon Musk has merged SpaceX and xAI, creating what might be the blueprint for a new Silicon Valley power structure. With his $800 billion net worth already rivaling historic conglomerate GE’s peak market cap, and Musk being vocal about his view that “tech victory is decided by velocity of innovation,” the question isn’t whether a personal conglomerate can be built, but rather how far Musk himself is […]