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The Latest Breaking News from Founders Fund

The price to pay — This is why 400+ scientists are calling for a halt to mandatory age verification

The internet gets age-gated, changing how we interact with our favorite apps and websites. While the benefits aren't clear yet, we are losing control of our privacy. Here's what's at stake.

TechRadar

Fund Manager Mike Alves Backing Tomorrow's Defining Companies from OpenAI, SpaceX

VIDA Vision Fund Manager Mike Alves is backing transformative companies including SpaceX, xAI, and Figure AI, building a concentrated portfolio focused on AI, space commercialization, and next-generation financial infrastructure.

International Business Times

Oh, good: Discord's age verification rollout has ties to Palantir co-founder and panopticon architect Peter Thiel

Discord is "experimenting" with an age authentication vendor whose major investors include Thiel's Founders Fund.

PC Gamer

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Kleiner Perkins’s Leigh Marie Braswell learned about risk from playing poker: “If the odds are in your favor, you push your chips to the center”

She was an early employee at Alexandr Wang’s Scale AI. Now, she’s writing checks to some of the buzziest AI startups around.

Fortune

An inside look at Ramp’s eye-popping $22.5 billion valuation

How Eric Glyman and Karim Atiyeh built the world’s hottest fintech startup.

Fortune

Saquon Barkley's Winning Investments Include Bitcoin, Polymarket, Anduril & Neuralink: Why NFL Star Has Turned To Equity

NFL star Saquon Barkley won a Super Bowl and the Offensive MVP award last season, which came after making a move from the New York Giants to Philadelphia Eagles. Along with success on the field, Barkley is winning off the field with his investment strategy.

Benzinga

Exclusive: Fintech startup Ramp hits $1 billion in annualized revenue after notching $22.5 billion valuation

The six-year-old company is rebuilding corporate credit cards and expense reports with funding from Founders Fund, Iconiq, and Khosla Ventures.

Fortune

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Peter Thiel's Brutal Chess Moves Convinced A Rival To Fund His First Startup—'So Ruthless, So Merciless'

Investor Peter Thiel is known for his help in creating or shaping several companies, including PayPal Holdings Inc (NASDAQ:PYPL), Palantir Technologies (NASDAQ:PLTR), and Meta Platforms (NASDAQ:META).

Benzinga

Varda Raises $187 Million To Propel In-Space Medicine Manufacturing

Varda Space Industries completed a $187 million Series C funding round in July, lifting the total capital haul for the space startup to $329 million. Natural Capital and Shrug Capital led the fundraiser, with participation from Founders Fund, Peter Thiel, Khosla Ventures, Caffeinated Capital, Lux Capital and Also Capital.

Benzinga

Palantir, Peter Thiel Targets Of Protest Groups That Took On Elon Musk, Tesla: 'People Over Billionaires'

Multiple community action and protest groups that once targeted Tesla Inc (NASDAQ:TSLA) and CEO Elon Musk over his push into politics have a new target set for "People Over Billionaires" rallies in large cities on Aug. 22.

Benzinga

Peter Thiel-Backed 180 Life Sciences Surged 228% On Ethereum Holdings, ETHZilla Rebrand; Rally Continues After Hours

180 Life Sciences Corp. (NASDAQ:ATNF) is trending on Wednesday after gaining approximately 228.45% for the day.

Benzinga

Oculus Founder Palmer Luckey's 'Lord Of The Rings'-Inspired Digital Bank Hits $2 Billion Valuation With Backing From Founders Fund

Palmer Luckey is making another big bet: this time, not in virtual reality or military defense, but digital finance. The Anduril CEO and Oculus founder has launched Erebor, a digital bank that already holds a valuation of $2 billion as it raises at least $225 million in funding, Business Insider…

Benzinga

Peter Thiel-Linked GPx Targets $500 Million To Reinvent VC With Fund-Of-Funds Twist, Backing Early-Stage Stars Into Series B: Report

Former Founders Fund general partner Brian Singerman and Quiet Capital co-founder Lee Linden are reportedly raising over $500 million for GPx, a new venture capital fund that combines traditional investing with fund-of-funds elements.

Benzinga

Peter Thiel 'Red-Pilled' Elon Musk, Mark Zuckerberg And Silicon Valley's Elite At Critical Turning Points, Says Researcher Tracking Founders Fund's Influence

Venture capitalist Peter Thiel wielded significant influence over prominent tech leaders, including Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk at critical junctures in their careers, according to a researcher tracking Founders Fund‘s broader impact on Silicon Valley.

Benzinga

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Benzinga

Palmer Luckey, Peter Thiel, Joe Lonsdale Launch Erebor Bank For Startups, Crypto And Defense — A Digital-Only Bet On The Post-SVB Era: Report

Defense tech billionaire Palmer Luckey is spearheading the launch of Erebor, a digital-only bank targeting startups, cryptocurrency businesses, and defense contractors left underserved after Silicon Valley Bank‘s collapse in March 2023.

Fortune

With massive funding round and $31 billion valuation, Anduril is nearing the size of defense industry giants it wants to displace

Peter Thiel’s Founders Fund wrote its largest check ever into the company.

Fortune

Peter Thiel’s protégés: a common thread runs through Trump’s tech team

Vice President J.D. Vance and Elon Musk are among Thiel's Silicon Valley collaborators that now find themselves in Trump's D.C. circle.

Fortune

As crypto comes roaring back, Khosla Ventures’ Keith Rabois is making a bet on Bitcoin lending

Lava has raised $10 million in funding led by Khosla and Founders.

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Fortune

How Peter Thiel’s network of right-wing techies is infiltrating Donald Trump’s White House

With David Sacks as “AI and crypto czar” and Elon Musk as co-head of the DOGE, Peter Thiel’s network has become closely tied to the new Trump administration.

The National (Scotland)

Scottish firm invests in AI weapons firm founded by US billionaire

A SCOTTISH firm has given financial backing to an AI weapons start-up founded by a US tech billionaire who has links to Donald Trump.

Fortune

Exclusive: This autonomous factory startup wants to revolutionize the aerospace industry. Meet its new CFO

Hadrian is backed by Andreessen Horowitz, Founders Fund, and Lux Capital.

Barchart

Nuclear Fuel Prices Are Surging. Here's the 1 Stock to Buy.

The price of fuel for nuclear reactors has outpaced raw uranium since the start of 2022. This indicates that conversion is the biggest bottleneck, and the weakest link, in the nuclear fuel supply chain. Russia controls 22% of global uranium conversion capacity and 44% of enrichment capacity - but that's…

Fortune

Exclusive: Primer, a VC-backed startup helping teachers launch their own microschools, notches legislative victory in Florida

VC-backed Primer successfully partnered with the Florida House and Senate to pass HB1285, an amendment to the state's educational omnibus bill, expanding potential school sites to more than 50,000 locations.

Fortune

Exclusive: Armada lands $40 million in funding round led by Microsoft’s M12

Armada came out of stealth in 2023, and has so far raised $100 million, having just announced its Series A in December. And now, Fortune can exclusively report, it has scored another $40 million from Microsoft’s venture fund, M12.

Fortune

Exclusive: Wholesale marketplace unicorn Faire elevates CFO Lauren Cooks Levitan to president

Since its launch in 2017, the startup has raised over $1 billion from investors such as Sequoia Capital, Founders Fund, Y Combinator, Khosla Ventures, and Lightspeed Venture Partners.

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