Peak XV trims fund size and fees as Indian market overheats

Peak XV, the largest India and Southeast Asia-focused venture firm, is reducing the size of a handful of its funds and lowering fees as it seeks to become “deeply aligned” with its limited partners. The firm, which secured capital commitments totaling $2.85 billion in mid 2022, informed…Read More

Peak XV trims fund size and fees as Indian market overheats

Peak XV, the largest India and Southeast Asia-focused venture firm, is reducing the size of some of its funds and lowering fees as it seeks to become “deeply aligned” with its limited partners. The firm, which secured capital commitments totaling $2.85 billion in mid 2022, informed its…Read More

Peak XV trims fund size and fees as Indian market overheats

Peak XV, the largest India and Southeast Asia-focused venture firm, is reducing the size of some of its funds and lowering fees as it seeks to become “deeply aligned” with its limited partners. The firm, which raised $2.85 billion funds in mid-2022, informed its backers on Tuesday…Read More

Palmer Luckey: Every country needs a ‘warrior class’ excited to enact ‘violence on others in pursuit of good aims’

Palmer Luckey raged against America’s adversaries, endorsed completely autonomous weapons, and hinted at an Anduril IPO. 
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Threads users can now see who follows them from other fediverse servers

Instagram head Adam Mosseri announced on Tuesday that users who have connected their accounts to the fediverse, also known as the open social web, can now see who follows them and likes their posts from other fediverse servers, such as Mastodon and Pixelfed.  The company said…Read More

Aspect Build gets $3.85M to help developers create software with Bazel

Monorepos are becoming an increasingly popular way to manage source code, but they require a slightly different toolset. Google developed its own internal build and test tool on top of its monorepo and then, in 2015, open sourced it as Bazel. Nine years on, there is a thriving…Read More

eBay removes UK seller fees to counter new wave of marketplace startups

E-commerce giant eBay, facing stiff competition from newer rivals, has removed final-value sales fees for all items excluding cars sold domestically in the U.K. This mirrors a similar move the company made in Germany last year and notably puts eBay in line with the likes of…Read More

Sequoia backs Pydantic to expand beyond its open source data-validation framework

Sequoia is investing $12.5M in UK startup Pydantic to help it expand beyond its open source data-validation framework.
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Anduril speeds up launch of defense payloads by buying Apex satellite buses off the shelf

Anduril is expanding even further into the “ultimate high ground.”  The company, which is best known for AI-powered defense products that span air, land and sea, is partnering with satellite bus manufacturing startup Apex Space to rapidly deploy payloads on…Read More

Anduril speeds up launch of defense payloads by buying Apex satellite buses off the shelf

Anduril is expanding even further into the “ultimate high ground.”  The company, which is best known for AI-powered defense products that span air, land and sea, is partnering with satellite bus manufacturing startup Apex Space to rapidly deploy payloads on…Read More

Meta won’t say whether it trains AI on smart glasses photos

Meta’s AI-powered Ray-Bans have a discreet camera on the front, for taking photos not just when you ask them to, but also when their AI features trigger it with certain keywords such as “look.” That means the smart glasses collect a ton of photos, both deliberately taken and otherwise. B…Read More

TechCrunch Space: The dawn of the space age

Hello and welcome back to TechCrunch Space. Flagging again that the final agenda for the Space Stage at TechCrunch Disrupt is now live. I’ll be pushing this event for the next few weeks, given that we’re just a bit over a month away! We’d love for you to join us. Want to reach out with […]
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After delivering astronauts to ISS, SpaceX’s Falcon 9 grounded after 3rd anomaly in 3 months

SpaceX’s Falcon 9 rocket is grounded again after the vehicle’s second stage did not come down in the expected area of the ocean, following an otherwise successful mission that delivered a Dragon capsule and its crew to orbit. “We will resume launchin…Read More