May 01, 2026

TechCrunch Top 3

To buy this Bay Area home, you’ll need Anthropic equity: Someone’s offering an unusual deal for a 13-acre property in Mill Valley, just north of San Francisco. Read More

Founder of Shark Tank-backed startup Scholly sues his acquirer Sallie Mae: Chris Gray is suing his startup’s acquirer, Sallie Mae, for wrongful termination and alleging it's selling student data through a subsidiary. Sallie Mae denies the allegations and vows to fight. Read More

India's Snabbit seeks fresh funding at a $400M valuation, sources say: Snabbit has scaled rapidly, crossing 1 million jobs in March, amid growing investor interest. Read More

A message from Cannes Lions

A new direction for creative tech. Specifically, eastward.

From Silicon Valley to the sunny French Riviera – for one week this summer, innovation has a new home. The Cannes Lions Classic Challenger Pass gives independent creative tech companies the chance to gain recognition on the global stage, and push the entire industry forward. Join us 22–26 June 2026 in Cannes, France.

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Must-Reads

FDA approval, fundraising, and the reality of building in healthcare according to BioticsAI founder: BioticsAI CEO Robhy Bustami joined Isabelle Johannessen on Build Mode to discuss how the company has navigated a highly regulated space and kept the team motivated while cutting through all the red tape. Read More

Y Combinator alum Skio sells for $105M cash, only raised $8M, founder says: Subscription billing fintech Skio sold to its competitor Recharge in what was a healthy exit, according to its founder and former CEO. Read More

Two college kids raise a $5.1 million pre-seed to build an AI social network in iMessage: Series, a social networking app that's grown popular on college campuses, announced a $5.1 million pre-seed round from some big names in tech. Read More

Parallel Web Systems hits $2B valuation five months after its last big raise: The AI agent-tool startup founded by former Twitter CEO Parag Agrawal has raised $100 million, led by Sequoia, months after raising a previous $100 million. Read More

Legal AI startup Legora hits $5.6B valuation and its battle with Harvey just got hotter: The two wildly fast-growing rivals have raised massive sums, pushed into each other's home turf, and now have dueling ad campaigns. Read More

Disrupt 2026: Where deals and ideas ignite

Oct 13–15 at San Francisco's Moscone West, 10,000 founders, investors, and operators gather for high-signal insights, curated connections, and real momentum.

Last but Not Least

EV startup Faraday Future paid $7.5M to company tied to founder Jia Yueting: The perpetually struggling EV company made the payments while being investigated by the SEC. That four-year probe was ultimately closed in March. Read More

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