Even a16z VCs say no one really knows what an AI agent is

Buzzwords that are stretched to the point of being meaningless are as old as the tech industry itself. The top current one is “AI agent” and its variants, like “agentic.” So, unsurprisingly, no one really knows what an AI agent is. Even people with software engineering ba

Mercury's CEO formalizes bets on early-stage founders with a $26M fund

Mercury co-founder and CEO Immad Akhund today announced the launch of a $26 million fund to back early-stage startups, a move that formalizes his extensive history of angel investing. Axios first reported this in February. Akhund has been an active angel investor since 2016, backing over 350 start

This American VC is betting on European defense tech; that’s still very unusual

VCs are known to move in herds, which is why Eric Slesinger stands out a bit. While most American investors chase AI startups or U.S.-based defense tech startups, the former CIA officer is hunting for defense tech deals in Europe. In fact, Slesinger, founder of 201 Ventures, recently closed a $22 m

The Greek revival you're not watching (but probably should be)

Much of the world isn't paying close attention to Greece right now. That may be a mistake. Best known for its stunning islands, sun-soaked cities, and deep historical roots, Greece has been quietly laying the foundation for something less expected — a modern, resilient tech economy. Whil

Anduril is working on the difficult AI-related task of real-time edge computing

Anduril announced its ninth acquisition on Monday with the purchase of Dublin's Klas, makers of ruggedized edge computing equipment for the military and first responders. Anduril wouldn't reveal financial details of the deal, and the purchase is subject to regulatory approval, but the comp

Sarah Tavel, Benchmark’s first woman GP, transitions to venture partner

Eight years after joining Benchmark as the firm’s first woman general partner, Sarah Tavel announced on X that she is transitioning to a more limited role at the storied venture firm. In her new position as a venture partner, Tavel will continue to make investments and serve on existing comp

Figure AI sent cease-and-desist letters to secondary markets brokers

Last month, Brett Adcock, founder of robotics startup Figure AI, claimed in a post on X that his company “is now # 1 most sought-after private stock in the secondary market.” But the company has sent cease-and-desist letters to at least two brokers who run secondary marketplaces, those

A bigger Project Europe? EWOR launches ‘founder fellowship’ program with $68M

Supporting early-stage entrepreneurs seems to be suddenly in vogue in Europe. Back in March, podcaster and venture investor Harry Stebbings launched Project Europe to great fanfare, aiming to back founders aged 25 and under with a small $10 million fund — riffing on the “Peter Thiel Fellows

StrictlyVC heads to London and Athens this May: Featuring prime minister of Greece and Europe's leading tech and VC voices

It's been a busy year for technewss events — and it's about to get even bigger. StrictlyVC, our boutique, highly exclusive event series for VCs and startups, is crossing the Atlantic this May with stops in London and Athens! We're bringing StrictlyVC's insider conversations to E

Fluent Ventures backs replicated startup models in emerging markets

A new venture firm aims to prove that the most successful startup ideas don't have to be born or scaled in Silicon Valley. Fluent Ventures, a global early-stage fund, is backing founders replicating proven business models from Western markets in fintech, digital health, and commerce across eme

Vibe coding helps Supabase nab $200M at $2B valuation just seven months after its last raise

In 2020, when open source database Supabase was founded, its New Zealand-based CEO, Paul Copplestone, couldn't have imagined it would be sitting in the sweet spot for 2025's biggest trend: vibe coding.  But on Tuesday, the fruits of that became evident when it announced a $200 million

a16z acqui-hires VC tech podcaster Erik Torenberg, who joins as new partner

Andreessen Horowitz's hiring spree continues. On Monday, Erik Torenberg announced that the giant VC firm had acquired his Turpentine podcast, with him joining as a general partner. Torenberg’s podcast focuses mostly on interviewing VCs at a variety of firms about their approach to invest

Revent rocks the boat with $100M fund to invest in people and the planet

It would appear the environment and society remain relevant, whatever you might hear in some other quarters. At least, that's one conclusion to be drawn from the news that European specialist VC Revent has closed a  €100 million ($109 million) Fund II to invest in “planetary and societal h

A fresh $100M rolls into Dig Ventures as it bids to woo early-stage European startups

The number of “operator VCs” — former founders turned VCs — has risen in Europe in recent years. This is common in the U.S., where the majority of VCs are former founders. The reverse is true in Europe, where most come from banking or finance. Recent examples in Europe include Wise founder