Replit snags $9B valuation 6 months after hitting $3B
Replit raised a new $400 million round and said it hopes to have $1B in ARR by year’s end.
Startups
VC mega-funds are back with General Catalyst, Spark rumored to be raising billions
General Catalyst is said to be raising $10 billion and Spark Capital $3 billion. This after several other firms have also raised mega-funds.
Poppi founder on TikTok, Super Bowl ads, and her return to Shark Tank
For years, venture capitalists have been skeptical of beverage startups, citing thin margins and brutal distribution as reasons most brands never break out. But a new wave of “functional soda” companies has been challenging that assumption, including Poppi, the prebiotic soda brand that grew from a kitchen experiment into a $1.95 billion acquisition by PepsiCo. On this episode of […]
EV startup Harbinger reveals a smaller work truck with electric and hybrid variants
The LA-based startup is trying to corner the commercial truck market with its electric and hybrid trucks that offer a lower cost of ownership and a better driving experience.
Google wraps up $32B acquisition of cloud cybersecurity startup Wiz
Google has officially acquired Israeli cybersecurity firm Wiz for $32 billion in all-cash, a full year after the companies announced the deal. This marks Google’s biggest acquisition in its history.
Health insurance startup Alan reaches €5B valuation
French health insurance startup Alan is now valued at €5 billion — approximately $5.83 billion, up from $4.5 billion in 2024.
Mandiant’s founder just raised $190M for his autonomous AI agent security startup
Mandia, who sold his previous company Mandiant to Google for $5.4 billion in 2022, has launched an agentic security startup.
Legora reaches $5.55 billion valuation as AI legal tech boom endures
Legora, an AI platform for lawyers, is now valued at $5.55 billion following a $550 million Series D led by Accel to fuel its growth in the U.S.