Recapping this week in startups

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May 08, 2026

 

TechCrunch Top 3

Insurance startup Corgi hits $1.3B valuation 4 months after its Series A

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. 

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

Could Lovable's automatic 10% pay raise be the cure for toxic cultures?

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

Live only at TechCrunch Disrupt 2026: Why most founders are already behind on raising a Series A in 2027: Learn what it takes to build a Series A in 2027 from top VCs at TechCrunch Disrupt 2026, taking place at San Francisco’s Moscone West on October 13-15. Register today to hear this session live on the Builders Stage. Read More

Last 24 hours to get 50% off a second pass to TechCrunch Disrupt 2026: Last day to buy one pass and get a second one at 50% off to TechCrunch Disrupt 2026. Bring a partner, co-founder, or colleague at half off. Register now. Read More

Altara secures $7M to bridge the data gap that's slowing down physical sciences: Altara’s AI aims to diagnose failures and help speed up R&D by unifying data siloed across spreadsheets and legacy systems. 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

A message from Fidelity

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

Investors don’t just listen to what you say - they look at how your company operates. Is ownership clear? Do your numbers match your story? Can you answer follow-up questions without digging through spreadsheets? The Fundraise-Ready Startup Kit equips founders with the materials investors expect to see, before pressure is on. Because confidence in the room doesn’t come from slides. It comes from preparation.

Download the Kit 

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.

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Last but Not Least

Startup Battlefield 200 applications close May 27: A shot at VC access, global visibility, TechCrunch coverage, and $100K

Startup Battlefield 200 applications close May 27: A shot at VC access, global visibility, TechCrunch coverage, and $100K: Startup Battlefield 200 applications are open, but only for three more weeks. Apply by May 27 for your shot at VC access, global visibility, TechCrunch coverage, $100,000 equity-free, and more opportunities for major scaling impact. Read More

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