Reach Capital raises $265M Fund V to back AI founders building to ‘expand human potential’
Reach Capital announced Tuesday an oversubscribed $265 million Fund V.
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Daniel Ek’s body-scanning startup Neko Health opens first US office, in New York
The scanning and bloodwork health startup founded by Spotify’s founder will officially launch in New York in about a month.
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Perplexity’s free AI offer left it with millions more users in India
Perplexity’s India revenue rose about 60% after the Airtel offer ended for new users, even as downloads declined.
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Anthro Energy breaks ground on factory that could pave the road to solid-state batteries
Battery materials startup Anthro Energy has broken ground on a Louisville factory to make electrolytes, including those for solid-state batteries.
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AI | Fundraising | Startups
Etched’s valuation doubles to $21B in a month
Jane Street has installed Etched’s first shipped AI cluster system, and was so impressed, it led another massive round, the startup says.
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Sound-powered fire protection startup gets $15M to snuff out fires before they turn catastrophic
Sonic Fire Tech raised its new funding to help get its sound-powered fire protection system into everything from commercial kitchens to apartment buildings.
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Higgsfield raises $400M Series B, quadrupling its valuation in 8 months to $5.4B
Higgsfield, founded by former Snap exec Alex Mashrabov, lets users create AI images and videos.
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Save up to $300 on your TechCrunch Disrupt 2026 pass until August 21
If you’ve been circling around Disrupt, then now’s the best time to lock in your pass and start getting ready to join the rest of the startup community gathering in San Francisco from October 13-15 at Moscone West!
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Terra Industries closes $52M seed round to build defense infrastructure for the Global South
African defense tech company Terra Industries announced an additional $18 million in funding, bringing its seed round to $52 million.
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AI | Fundraising | Startups | Venture
Sequen snags $16M to bring TikTok-style personalization tech to any consumer company
With its Series A, Sequen is bringing its proprietary AI ranking and personalization technology to large consumer business.
