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Benchmark raises its first-ever growth fund as part of B capital raise

Benchmark raises its first-ever growth fund as part of $2B capital raise

by News Feed Editor | Jun 3, 2026 | Technology

Benchmark Capital, the storied Silicon Valley VC firm known for early investments in eBay, Snap, Uber, and Twitter, is breaking with one of its signature traditions: keeping its funds to about $425 million and backing only young startups. After more than two decades...
Quick commerce FirstClub doubles valuation to 5M in nine months

Quick commerce FirstClub doubles valuation to $255M in nine months

by News Feed Editor | Jun 3, 2026 | Technology

In a quick-commerce market obsessed with speed, Indian startup FirstClub has convinced investors that quality may be a fresh opportunity, helping to double its valuation just nine months after its last funding round. The Bengaluru-based startup has raised $55 million...
Lovable signs multiyear deal with Google Cloud to up usage 5x, source says

Lovable signs multiyear deal with Google Cloud to up usage 5x, source says

by News Feed Editor | Jun 3, 2026 | Technology

Lovable and Google announced an expanded multiyear collaboration on Wednesday. Lovable, the fast-growing Stockholm vibe-coding startup, has long been a Google Cloud user. Under the new agreement, it will be a much bigger one. While the companies did not disclose the...
Defense tech is flooded with money, but who’s built to last?

Defense tech is flooded with money, but who’s built to last?

by News Feed Editor | Jun 3, 2026 | Technology

Loading the player… 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...
Uber to put 500 data-collection vehicles on the road this year

Uber to put 500 data-collection vehicles on the road this year

by News Feed Editor | Jun 3, 2026 | Technology

Uber revealed on Wednesday a prototype car that it plans to use to scoop up real-world driving data for its growing roster of autonomous vehicle partners, including Avride, Waymo, and WeRide. The vehicle is not some radical design. Rather, it’s a Hyundai Ioniq 5...
Alphabet’s record-breaking B raise for Google’s AI business is a helluva good signal

Alphabet’s record-breaking $85B raise for Google’s AI business is a helluva good signal

by News Feed Editor | Jun 3, 2026 | Technology

If Alphabet’s record-breaking $85 billion stock sale signals investor appetite for AI-related offerings — and it does — we can safely say that investors are voracious. Google’s parent company had initially intended to sell a first tranche of $40 billion worth of...
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