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Benchmark raises its first-ever growth fund as part of $2B capital raise
June 4, 2026
The legendary abandons its more than 20 year tradition of keeping its funds to about $425 million.
Quick commerce FirstClub doubles valuation to $255M in nine months
June 4, 2026
The Bengaluru startup has crossed 1 million orders and reached a $50 million annualized GMV run rate within a year of launch.
Lovable signs multiyear deal with Google Cloud to up usage 5x, source says
June 3, 2026
Lovable and Google signed an expanded multiyear deal that involves a 5x expansion of Lovable's footprint on Google Cloud, and expanded access to Anthropic Claude.
Defense tech is flooded with money, but who’s built to last?
June 3, 2026
Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new startups is chasing those government contracts, but according to Ross Fubini, the venture investor who wrote Anduril’s first check, most of them will get lost in the Valley of Death between prototype contract […]
Uber to put 500 data-collection vehicles on the road this year
June 3, 2026
The modified Ioniq 5 will be loaded with sensors to capture data for Uber's new AV Labs division.