Business & Startups

22 AI-summarized Business & Startups stories.

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How AI accounting startup Rillet raised $100M and became a unicorn in 48 hours

AI-powered accounting startup Rillet achieved unicorn status in just two days after its CEO presented growth metrics at a routine board meeting, triggering an unsolicited bidding frenzy from top-tier venture firms including Iconiq and Sequoia, culminating in a $100 million funding round.

Source: TechCrunch 8/21/2026
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Last chance: Save up to $300 on your TechCrunch Disrupt 2026 ticket today 

Early-bird pricing for TechCrunch Disrupt 2026 is ending soon, with discounts of up to $300 available on passes to the flagship startup conference. The event runs October 13–15 in San Francisco's Moscone West, drawing founders, investors, and tech industry leaders.

Source: TechCrunch 8/21/2026
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Lawsuit demands Logitech hand tariff refunds over to customers

A lawsuit is targeting Logitech, demanding the peripheral maker return money collected through tariff-related price hikes to its customers. The company raised prices on its products by as much as 25 percent last year, and plaintiffs argue those increases weren't justified and that consumers deserve compensation.

Source: Ars Technica 8/21/2026
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Walmart is finally adding Apple Pay and Google Pay

Walmart is finally embracing contactless payment standards, announcing that Apple Pay and Google Pay will be accepted at select Walmart and Sam's Club locations from August 24th, with a full US rollout planned by end of 2026 and gas stations covered by mid-2027 — ending the retail giant's long holdout against mainstream mobile wallets.

Source: The Verge 8/21/2026
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Walmart to finally start accepting Apple Pay and Google Pay

Walmart is finally opening its payment systems to Apple Pay and Google Pay, reversing a long-standing policy of blocking the two dominant mobile wallet platforms. The retail giant had resisted contactless payment adoption for years, leaving millions of customers unable to use their preferred digital wallets at checkout.

Source: TechCrunch 8/21/2026
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Starcloud raises $250 million for orbital data centers as launch options dry up

Starcloud has secured $250 million to build data centers in orbit, betting that putting computing infrastructure in space offers unique advantages. The funding arrives as competition for launch slots intensifies, signaling a coming scramble among companies racing to claim positions beyond Earth's atmosphere.

Source: TechCrunch 8/21/2026
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Learn what VCs actually want, from a founder who’s raised $1B

Sasha Orloff, a founder who has raised over $1 billion in capital, shares hard-won fundraising insights on the Build Mode podcast. His core message: investors back founders who demonstrate financial clarity, maintain clean data, and begin raising well before cash reserves run low.

Source: TechCrunch 8/20/2026
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Mark buys a castle

Meta CEO Mark Zuckerberg has reportedly purchased a castle in Ireland, not far from where the social media giant maintains its international headquarters. The acquisition adds a European residence to Zuckerberg's already impressive real estate portfolio, raising eyebrows about the billionaire's growing property empire.

Source: TechCrunch 8/20/2026
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Mark Zuckerberg bought an Irish castle

Meta founder Mark Zuckerberg has added European real estate royalty to his portfolio, purchasing a centuries-old Irish castle and nearly 450 surrounding acres for an estimated €20–30 million. The acquisition near Meta's international headquarters in Ireland is intended as a family retreat during visits to the region.

Source: The Verge 8/20/2026
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Early Cerebras investor Adit Singh joins Mayfield as infrastructure partner

Adit Singh, a notable early backer of AI chip company Cerebras, is joining venture capital firm Mayfield as an infrastructure partner. In his new role, he will concentrate on identifying and funding opportunities across semiconductors, cybersecurity, and physical AI — areas increasingly central to the next wave of tech growth.

Source: TechCrunch 8/20/2026
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The 2026 Startup Battlefield 200 is here — see who made the cut

TechCrunch has revealed its Startup Battlefield 200 for 2026, a curated roster of the 200 most compelling early-stage ventures from across the globe. The annual list serves as a prestigious launchpad, spotlighting emerging companies with the potential to reshape their respective industries.

Source: TechCrunch 8/20/2026
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For a16z, AI gives foreign founders an advantage

Andreessen Horowitz believes founders who straddle two cultures — their home country and Silicon Valley — hold a unique edge in the AI era. The firm's Borderless Founder initiative formalizes support for immigrant and international entrepreneurs, arguing their dual perspective drives meaningful innovation.

Source: TechCrunch 8/20/2026
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Travis Kalanick kicks off another round of VC bashing: ‘1% are helpful’

Uber co-founder Travis Kalanick is back in the spotlight, criticizing venture capitalists after securing $1.7 billion for his latest robotics venture, Atoms. He claims only around one percent of VCs actually provide meaningful value to founders, reigniting long-standing tensions between entrepreneurs and their financial backers.

Source: TechCrunch 8/19/2026
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Rillet raises $100M Series C at $1B valuation — 2 years after emerging from stealth

Rillet, an AI-powered accounting startup, has crossed the unicorn threshold after closing a $100 million Series C round led by ICONIQ Growth. The milestone arrives just two years after the company exited stealth, fueled by a reported tripling of its annual recurring revenue over a single quarter.

Source: TechCrunch 8/19/2026
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Nvidia’s new financial strategy does not compute

Nvidia is teaming up with major financial heavyweights including Apollo, BlackRock, and Goldman Sachs to assemble $500 billion in financing aimed at reframing AI chips as a legitimate investable asset class — a bold and unconventional financial bet on the long-term value of computing hardware.

Source: The Verge 8/19/2026
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You can Venmo your college tuition, for some reason

Venmo, the peer-to-peer payment app best known for splitting dinner bills and rent, has expanded into higher education payments, allowing students to pay college tuition directly through the platform. The move signals how consumer payment apps are pushing deeper into large institutional transactions traditionally dominated by banks and specialized billing systems.

Source: TechCrunch 8/19/2026
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Save up to $300 on your TechCrunch Disrupt 2026 pass until August 21 

TechCrunch is offering early-bird discounts of up to $300 on passes for its flagship Disrupt 2026 conference, running October 13–15 in San Francisco's Moscone West. The promotional pricing window closes August 21, giving startup enthusiasts a limited opportunity to save on attendance.

Source: TechCrunch 8/17/2026
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Terra Industries closes $52M seed round to build defense infrastructure for the Global South

Terra Industries, an African defense technology firm, has completed a $52 million seed round after securing an additional $18 million in fresh capital. The company focuses on building military and security infrastructure tailored to nations across the Global South, a market historically underserved by Western defense contractors.

Source: TechCrunch 8/17/2026