uc berkeley UC Berkeley Leads Public Universities in Producing Funded Startup Founders A new Crunchbase News ranking highlights the top U.S. public universities that graduate the most founders of startups raising over $1 million. UC Berkeley holds a massive lead over runner-up UCLA, while successful programs span all regions of the country.
jawbone Jawbone Founder Raises $65 Million for New Health Data Startup Despite the spectacular billion-dollar failure of his previous company, Hosain Rahman successfully raises $65.4 million for Jawbone Health, a subscription service focused on preventative healthcare using continuous health data.
cannabis Venture Capitalists Pour Billions Into Booming Cannabis Tech Startups Venture capitalists invest heavily in cannabis-focused startups, putting $1.2 billion into the sector in the first half of 2019 alone. As state legalization expands and morality clauses fade, early investors position themselves for a projected $80 billion market.
seattle Seattle Tech Ecosystem Shows Growth Despite Lingering Challenges Seattle's startup scene experiences a surge in activity with new funding rounds, yet it still struggles to match the entrepreneurial culture and capital access of Silicon Valley.
food tech Corporate Food VCs Shift Focus Toward Healthier, Consumer-Friendly Startups Big food conglomerates are investing in startups that prioritize consumer desires like health and sustainability over traditional cost-saving measures.
zoom Video Conferencing Firm Zoom Prices IPO Above Range Reaching $9B Valuation Zoom prices its initial public offering above expectations at $36 per share, giving the profitable video conferencing company a $9 billion market cap. The strong demand highlights investor appetite for a rare tech unicorn that boasts rapid revenue growth and shrinking losses.
artificial intelligence Why Startups Are Bypassing Licensing to Build Full-Stack AI Companies Rather than selling AI technology to reluctant legacy businesses, startups are finding greater success by building complete, end-to-end services that bypass traditional industry players entirely.
b capital Eduardo Saverin's B Capital Reaches First Close of $406M for Second Fund Facebook co-founder Eduardo Saverin leads B Capital to a $406 million first close for its second fund, easily surpassing its initial $360 million debut. The venture firm leverages its BCG partnership to invest globally across various industries from its Southeast Asian base.
startups U.S. Startups Raise $30.8 Billion in Record Q1 Funding Surge U.S. startups collect $30.8 billion in Q1 2019, driven heavily by massive late-stage financings. Meanwhile, newly public companies like Lyft face early stock market turbulence.
venture capital Major Venture Firms Abandon Traditional VC Rules to Become Registered Investment Advisors Top venture capital firms like Andreessen Horowitz are restructuring as registered investment advisors to bypass strict investment limits. This shift allows them to invest beyond traditional startup equity and explore crypto, public markets, and secondary transactions freely.
ezcater EzCater Reaches Unicorn Status With $150M Funding Round Online business catering marketplace ezCater raises $150 million at a $1.25 billion valuation, achieving unicorn status. The company plans to briefly celebrate before continuing its rapid growth.
vlocity Vlocity Reaches $1 Billion Valuation After $60 Million Series C Vlocity secures $60 million in Series C funding, pushing its valuation to $1 billion. The startup builds industry-specific CRM solutions on top of the Salesforce platform across five major verticals.
biotech Corporate Biotech Investors Double Down on Startup Funding in 2018 Corporate venture investors in the biotech sector participate in rounds valued at $8 billion in 2018, nearly doubling their 2017 totals. Corporate backers also sharply increase the funding amounts for rounds they directly lead.
general catalyst General Catalyst Launches Aggressive Seed Program With $25M Annual Commitment General Catalyst commits to investing at least $25 million annually in seed-stage startups, promising founders quick decisions and ongoing financial support.
andreessen horowitz Andreessen Horowitz Joins Peers With New San Francisco Office Venture capital giant Andreessen Horowitz opens a San Francisco office later this year, ending its long-standing resistance to leaving Menlo Park.