Julie Bort

CoreWeave said on Wednesday that it hopes to sell its initial public shares between $47 and $55 per share, putting the money it may raise between about $2.2 billion and $2.6 billion. Word on the street is that CoreWeave wanted to raise at least $3 billion and possibly over $4 billion. But price range announcements are always a bit of a game. The announced range is often lower than the bankers think the company can

Arcade, an AI agent infrastructure startup founded by former Okta exec Alex Salazar and former Redis engineer Sam Partee, has raised $12 million from Laude Ventures. Laude is the new fund launched in 2024 by Perplexity co-founder Andy Konwinski, the UC Berkeley computer scientist who also co-founded Databricks. This isn’t the only check Laude has cut. But it is the first publicly announced one, Laude co-founder and general partner Pete Sonsini told TechCrunch. Sonsini is well-known for his

Swedish fintech Klarna took the next step in its highly anticipated U.S. IPO on Friday when it made its F-1 prospectus public. We are sifting through the document now. Klarna hopes to raise at least $1 billion at a $15 billion valuation with this IPO, Bloomberg reported last week. The public documents don’t yet reveal how many shares it plans to sell or the price range, so we won’t know if this IPO will meet

Flock Safety and one of its long-time VCs, Bedrock Capital, announced Thursday that the startup raised a fresh $275 million at a $7.5 billion valuation. Flock makes computer vision-enabled video surveillance technology used by law enforcement as well as businesses, property management companies, and so on. It’s best known for its automatic license plate recognition tech, but Flock also makes gunshot detection tech marketed to schools, and recently acquired public safety drone company Aerodome. Flock

Sequoia-backed Mach Industries, the defense tech founded by 21-year-old Ethan Thornton, landed a contract with the U.S. Army and has plans for its first factory, Thornton told TechCrunch. The factory will be 115,000 square feet in Huntington Beach, California, where Mach’s headquarters is located, CEO Thornton said. While that sounds like an expensive zip code for a weapons factory, Southern California — in the shadow of SpaceX — has become a hotspot for America’s burgeoning