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October 16, 2026
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Category: In Brief

Cognition founder and CEO Scott Wu
In Brief

AI coding startup Cognition reportedly already in talks to raise at $40B valuation | TechCrunch

Cognition, maker of the AI coding agent Devin, is reportedly already talking to investors about raising another funding...

Rendering of Hadrian's planned third facility in Mesa, AZ.
In Brief

Defense tech Hadrian raises $1.37B at $8B valuation | TechCrunch

Defense tech Hadrian announced on Thursday that it had raised a fresh $1.37 billion round at a valuation of...

Castelion
In Brief

Castelion hits $13B valuation to mass-produce hypersonic missiles | TechCrunch

Castelion, a missile startup founded by former SpaceX executives, has raised a $1 billion Series C at a...

In Brief

Higgsfield raises $400M Series B, quadrupling its valuation in 8 months to $5.4B | TechCrunch

Higgsfield announced Monday that it has raised a $400 million Series B at a $5.4 billion valuation. This...

Terra Industries drone in flight
In Brief

Terra Industries closes $52M seed round to build defense infrastructure for the Global South | TechCrunch

African defense tech company Terra Industries on Monday announced an additional $18 million in funding, bringing its seed...

Stripe logo
In Brief

Stripe will reportedly acquire AI gateway startup OpenRouter for $7B+ | TechCrunch

Stripe has finalized a deal to acquire OpenRouter, according to a new report in Bloomberg.OpenRouter helps customers select...

Cursor
In Brief

SpaceX officially closes its Cursor acquisition | TechCrunch

AI coding startup Cursor is now officially a part of SpaceX, according to an announcement on the Cursor...

Selena Gomez
In Brief

Investors sue Selena Gomez alleging fraud tied to her mental health startup | TechCrunch

Singer and actress Selena Gomez and her mother are being sued over their mental health startup, Wondermind. The...

Neko Health co-founders, Hjalmar Nilsonne and Daniel Ek,
In Brief

Daniel Ek’s body-scanning startup Neko Health opens first US office, in New York | TechCrunch

Neko Health’s promised U.S. expansion arrives on September 24, when the health-scanning startup opens its first American office....

Harvey founder CEO Winston Weinberg
In Brief

Harvey hits $15.5B valuation, months after reaching $11B | TechCrunch

Harvey, the legal AI startup that VCs can’t get enough of, has raised another $550 million in funding,...