May 08, 2026

TechCrunch Top 3

Insurance startup Corgi hits $1.3B valuation 4 months after its Series A: Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion. Read More

Beyond Lovable and Mistral: 21 European startups to watch: It is not that European startups never get attention — Lovable and Mistral AI are proof of that. But there are many more that insiders are tracking. Read More

A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom: The investment comes as Pronto scales to 26,000 daily bookings and the market heads toward a potential $18 billion size. Read More

A message from Cannes Lions

A new direction for creative tech. Specifically, eastward.

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Must-Reads

Could Lovable's automatic 10% pay raise be the cure for toxic cultures?: Stockholm-based vibe-coding platform Lovable is offering employees an automatic 10% raise as a way to sidestep classic corporate politics. Read More

Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B: The company is reportedly in talks to raise another $750 million at a pre-money valuation of more than $40 billion. It last raised in November at $32 billion. Read More

Gusto hits $1B revenue, a figure that brings it closer to public markets: Gusto has shared an impressive milestone on its actual revenue, not an ARR number that estimates future income. Read More

Kodiak AI raises $100M at a steep discount, sending its stock tumbling 37%: The company made a series of other announcements during earnings, including a new commercial contract, a pilot program in Canada, and a collaboration. Read More

Kalshi doubles valuation in 5 months, hitting $22B: Prediction market startup Kalshi has raised a $1 billion Series F round led by Coatue. Read More

A message from Fidelity

Your Pitch Isn’t the Only Thing Investors Are Evaluating.

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Last but Not Least

Marc Lore says that AI will soon enable anyone to open a restaurant: Wonder wants to turn its robotic kitchens into AI-powered “restaurant factories,” letting anyone spin up a virtual food brand with a prompt. Read More

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