Bengaluru food delivery startup Swish raises $38M: its third round in 18 months
Swish has more than doubled its valuation in a year as its full-stack, hyperlocal model positions ultra-fast food delivery as a high-frequency habit.
New leaders, new fund: Sequoia has raised $7B to expand its AI bets
The fundraise is the first major capital raise under Sequoia’s new leadership, with Alfred Lin and Pat Grady now serving as co-stewards of the 54-year-old firm.
Others
Despite bitter rivalry, Kalshi, Polymarket CEOs back $35M predictions markets VC fund
As prediction markets explode, the new firm called 5(c) Capital, will back startups supporting the burgeoning category.
Air Street becomes one of the largest solo VCs in Europe with $232M fund
London’s Air Street Capital has raised a large Fund III with eyes locked on backing early-stage European and North American AI companies.
Apple Maps may be about to get ads
Apple Maps may soon serve ads in top results when users search on terms like “restaurants.”
Someone has publicly leaked an exploit kit that can hack millions of iPhones
Leaked “DarkSword” exploits published to GitHub allow hackers and cybercriminals to target iPhone users running old versions of iOS with spyware, according to cybersecurity researchers.
Zipline snaps up another $200M to fuel its drone delivery expansion
The funding adds to a previous round, announced in January, that valued the drone startup at $7.6 billion.
Bernie Sanders’ AI ‘gotcha’ video flops, but the memes are great
Sen. Bernie Sanders thinks he’s tricked Claude into revealing the AI industry’s secrets, but he really just exposed how agreeable chatbots can become.
The Entrepreneur’s Strategic Guide to Buying a Business
Discover what it really takes to acquire a business and unlock its potential.
Russian authorities block paywall removal site Archive.today
A notice on the popular paywall-bypass website Archive.today said that access is blocked “by decision of [Russian] public authorities.”
Stick to Your Business Plan — Why Making Sacrifices Can Lead to Negative Consequences
Sometimes entrepreneurs are in such a race to grow that they veer too far from ‘ground zero’ in their business plan.