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In the news
- Valor, Atreides, and Sequoia back AI startup Flow Engineering at $750M valuationFlow Engineering, which is bringing AI agents to hardware design, also landed Roelof Botha as an angel investor and board member.
TechCrunch Startups · Sep 30, 2026
- The August 2026 US Venture Capital Funding Report$18.1B. 333 deals. August was supposed to be the slow month. Instead, the US venture market delivered one of the most capital-intensive Augusts on record — a 123% year-over-year surge driven by River AI's $1.1B Series A, Base Power's $1.0B Series D, and a wave of defense, clean energy, and AI infrastructure rounds that have no precedent in the summer data.
AlleyWatch · Sep 16, 2026
- Mecka AI nears $500M valuation in Sequoia-led deal amid rush for robot training dataThe round for the two-year-old startup is coming together months after Mecka announced its Series A.
- Sequoia doubles down on Cymphony as AI agents create new enterprise security risksCymphony gives security teams a single view of employees, AI agents, and other nonhuman identities, including the systems and sensitive data they can access.
- Palo Alto Networks paid $500M for Thrive-backed Console, sources sayThe acquisition also leaves Sequoia-backed Serval as the de facto startup leader in AI IT service automation, industry watchers believe.
- Sequoia-incubated Empirik launches with $21M to predict outages before they happenThe startup wants to do for IT infrastructure what Cursor did for software engineering.
- AIR raises $50M to help companies vet the skills and add-ons AI agents useAIR's platform can discover agents running at a company, continuously vets any skills and add-ons they use, and blocks any unwanted behavior.
- Fambot introduces an ‘AI chief of staff’ for familiesFambot is building an AI “chief of staff” to help families manage the emails, calendars, school updates, sports schedules, and other logistics of raising kids.
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