Google teams up with Accel to hunt for India’s next AI breakouts
Google and Accel will jointly invest up to $2 million in each startup through their new partnership.
As Lovable hits $200M ARR, its CEO credits staying in Europe for its success
Lovable CEO Anton Osika said he credits ignoring advice to move to Silicon Valley for the AI coding company’s success.
The global race for the AI app layer is still on
by Anna Heim
The U.S. is far ahead of Europe in the race for large AI models, at least in funding. But the picture is different for the application layer, global VC firm Accel highlighted in its 2025 Globalscape report.
Accel backs Uber rival Rapido as Prosus boosts stake
TVS Motor booked a 152% return as it sold its Rapido stake to Accel and Prosus.
NVIDIA, Qualcomm join U.S., Indian VCs to help build India’s next deep tech startups
Qualcomm Ventures has joined six Indian venture firms, collectively adding more than $850 million to boost India’s deep-tech ecosystem.
Accel and Prosus team up to back early-stage Indian startups
Prosus will match Accel’s investment in Indian startups under this partnership.
Sheryl Sandberg-backed Flint wants to use AI to autonomously build and update websites
Flint raised a $5 million seed round led by Accel, with participation from Sheryl Sandberg’s fund, Sandberg Bernthal Venture Partners, and prior investor Neo.
The startup behind open source tool Polars raises $21M from Accel
by Anna Heim
Polars, the Amsterdam-based company behind the popular open source project by the same name, has raised an €18 million Series A led by Accel.
Rocket.new, one of India’s first vibe-coding startups, snags $15M from Accel, Salesforce Ventures
Rocket.new has surged to 400,000 users and $4.5M ARR in three months.
India’s Urban Company soars 58% above IPO price in year’s most subscribed offering
Urban Company’s IPO, which opened last week, was oversubscribed more than 100 times, reflecting strong investor demand.
FirstClub bucks India’s speed obsession, quickly triples valuation to $120M with premium approach
FirstClub has raised $23 million in a Series A round co-led by Accel and RTP Global to expand its premium quick commerce platform.
U.S. and Indian VCs just formed a $1B+ alliance to fund India’s deep tech startups
Eight U.S. and Indian VC and PE giants are teaming up to fuel India’s deep tech boom.
Why investors just bet $85M on this Indian company’s generic drug strategy
Truemeds has taken a different route from other Indian online pharmacies — and it has helped the startup double its revenue.
Lovable becomes a unicorn with $200M Series A just 8 months after launch
by Anna Heim
Only eight months after its launch, Sweden’s Lovable has raised a $200 million Series A round led by Accel at a $1.8 billion valuation.
Lovable on track to raise $150M at $2B valuation
by Julie Bort
Lovable released its vibe coder in late November. Within six months, the startup hit $50 million in ARR, CEO Anton Osika said.
Tiny AI ERP startup Campfire is winning so many startups from NetSuite, Accel led a $35M Series A
by Julie Bort
Campfire was launched in 2023 to upend 1990s-era enterprise resource planning accounting software (ERP) like Netsuite with an LLM-powered alternative.
New details emerge on Meta’s $14.3B deal for Scale
by Julie Bort
Meta’s deal to sort-of but not really acquire AI startup Scale, giving it 49% ownership, is certainly unusual.
Atlassian rival Linear raises $82M at $1.25B valuation
by Kyle Wiggers
Linear, an enterprise software maker that competes with many of Atlassian’s products, announced that it raised $82 million in a Series C funding round led by Accel.
Build, don’t bind: Accel’s Sonali De Rycker on Europe’s AI crossroads
Sonali De Rycker, a general partner at Accel and one of Europe’s most influential venture capitalists, is bullish about the continent’s prospects in AI. But she’s wary of regulatory overreach that could hamstring its momentum. At a TechCrunch StrictlyV…
How this VC spots the global game changers
by TC Video
Accel’s Sonali De Rycker chatted with TechCrunch’s Editor-in-Chief Connie Loizos about what it takes to spot and scale category-defining companies in today’s fast-evolving tech landscape. She shared perspectives on identifying early-s…
Meet Posha, a countertop robot that cooks your meals for you
In 2017, Raghav Gupta set out to solve a personal problem: he wanted easy access to the home-cooked meals he grew up eating without having to spend time cooking or spend money on takeout or hiring a private chef. He turned to robotics, which led him to…
Vibe coding helps Supabase nab $200M at $2B valuation just seven months after its last raise
by Julie Bort
In 2020, when open source database Supabase was founded, its New Zealand-based CEO, Paul Copplestone, couldn’t have imagined it would be sitting in the sweet spot for 2025’s biggest trend: vibe coding. But on Tuesday, the fruits of that became ev…
Anthropic-backed AI-powered code review platform Graphite raises cash
by Kyle Wiggers
AI coding assistants are becoming wildly popular, with the vast majority of respondents in GitHub’s latest poll saying that they’ve adopted AI tools in some form. Y Combinator partner Jared Friedman recently claimed that a quarter o…
Scimplify raises $40M to help manufacturers access specialty chemicals
Scimplify has raised $40 million in a new equity round backed by Accel to expand its presence in the U.S. and enter new markets.
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Bridgetown Research raises $19M to speed up due diligence with AI
Birdgetown Research has raised $19 million in a round co-led by Accel and Lightspeed to deploy AI agents for business decisions and M&A deals.
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