Rillet raises $100M Series C at $1B valuation — 2 years after emerging from stealth |

In Brief Posted: 1:12 PM PDT · August 19, 2026 AI accounting startup Rillet announced a $100 million Series C at a $1 billion valuation…

Gwyneth Paltrow allegedly set to throw dinner in honor of Sam Altman |

In Brief Posted: 1:04 PM PDT · August 19, 2026 Sam Altman is headed to the Hamptons, according to Puck. Gwyneth Paltrow is reportedly sending…

Reach Capital raises $265M Fund V to back AI founders building to ‘expand human potential’ |

Reach Capital announced Tuesday the close of a $265 million Fund V. The thesis of the 11-year-old San Francisco firm is to back founders building…

Higgsfield raises $400M Series B, quadrupling its valuation in 8 months to $5.4B |

Higgsfield announced Monday that it has raised a $400 million Series B at a $5.4 billion valuation. This new round is just eight months after…

Terra Industries closes $52M seed round to build defense infrastructure for the Global South |

In Brief Posted: 8:06 AM PDT · August 17, 2026 African defense tech company Terra Industries on Monday announced an additional $18 million in funding,…

Phoebe Gates and Sophia Kianni reportedly knew Phia was ‘cookie stuffing’ for months |

2:39 PM PDT · August 11, 2026 Phia, the shopping startup co-founded by Phoebe Gates and Sophia Kianni, is once again under fire for its…

This former notorious red-light district is now one of the world’s top AI hubs |

What every U.K. AI startup wants to know these days is, how can I get office space in King’s Cross? The area is so hot…

How Lightspeed found its newest hire … via Instagram DM |

Earlier this year, Lightspeed made headlines when it announced that Claire Zau, an investor and popular tech content creator, would join the venture firm. She…

Inside the London hacker house taking a stand against founder burnout |

Six twentysomethings in East London have built what they say is the anti-San Francisco hacker house. The goal is a “holistic improvement in life,” rather…

Silicon Valley loves young founders. Until it doesn’t. |

For Arlan Rakhmetzhanov, 19, there is no middle ground. Either he builds a company as valuable as Google, he says, or he fails and ends…