Cluely CEO Roy Lee admits to publicly lying about revenue numbers last year

The $7 million in annual recurring revenue that Cluely CEO Roy Lee shared last summer was a lie, its founder and CEO Roy Lee admitted on Thursday on X.

Hardware testing startup Nominal hits $1B valuation, raises $155M in 10 months

Nominal provides hardware testing equipment to defense tech companies. Founders Fund led the preemptive deal.

EXCLUSIVE: Luma launches creative AI agents powered by its new ‘Unified Intelligence’ models

Luma introduced Luma Agents, powered by its new “Unified Intelligence” models, designed to coordinate multiple AI systems and generate end-to-end creative work across text, images, video and audio.

How 1,000+ customer calls shaped a breakout enterprise AI startup

On this episode of Build Mode, David Park joins Isabelle Johannessen to discuss how he and his team are intentionally iterating, fundraising, and scaling Narada.

Lio raises $30M from Andreessen Horowitz and others to automate enterprise procurement

AI procurement startup Lio announced a $30 million Series A in a round led by Andreessen Horowitz.

His house burned down. He used the insurance money to build PopSockets.

Does a consumer hardware company need to get on the VC treadmill to succeed? Eleven years and 290 million products sold across 115 countries later, PopSockets has proven that the bootstrapped, low-dilution p…

Decagon completes first tender offer at $4.5B valuation

The AI-powered customer support startup is the latest example of a fast-growing, young company that’s providing employee liquidity.

Host a Side Event during TechCrunch Founder Summit Week in Boston

Want to tap into the energy of 1,100+ startup founders, investors, and tech leaders descending on Boston for the Founder Summit 2026 on June 9? Host your own Side Event during “Founder Summit Week,” happening June 4-10!

Why AI startups are selling the same equity at two different prices

Some AI founders are using a novel valuation mechanism to manufacture unicorn status.

Just three companies dominated the $189 billion in VC investments last month

Crunchbase data shows a record $189 billion of global venture capital flowed to startups last month, with AI startups nabbing 90% of the capital.