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A newsletter for communities, investors, angels, and founders
Power in Numbers
May 29, 2026
Welcome to PIN’d - our weekly newsletter where we pin (lol, bear with us) the most important tech/startup news of the week for aspiring angels, vc’s, startup investors, founders, etc. Expect a new weekly roundup from us every Friday morning!
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📰 This week’s best news
Ethan Choi, a Khosla Ventures partner who led the firm's growth strategy and investments in mature startups including cloud provider Vercel, is departing to launch a new venture firm called Atomus. The firm is currently in the process of raising a debut fund of at least $500 million.
Venture capital hovers on the cusp of the greatest returns the industry has ever seen. SpaceX rockets towards a record-breaking initial public offering, only weeks away. OpenAI and Anthropic continue to smash all prior benchmarks around revenue and user growth, with plans for IPOs later this year. With unprecedented amounts of capital behind them and valuations previously unheard of for private startups, these three companies are the fuel behind this year’s Midas List of the top 100 venture capital investors.
New York-based TMV, a 10-year-old venture firm, has launched a $200 million logistics fund to back U.S. maritime and supply-chain startups, as government and private-sector interest grows around shipbuilding, port logistics, automation, and supply-chain resilience.
Anthropic has become the world's most valuable AI startup after it raised $65 billion in a Series H funding round, catapulting the artificial intelligence firm to a post-money valuation of $965 billion, ahead of ChatGPT-maker OpenAI.
Cognition, the maker of autonomous AI software engineer Devin, has raised over $1 billion at a $25 billion pre-money valuation, more than double its $10.2 billion post-money valuation from just eight months ago.
Jeff Bezos’ space ambitions went up in flames on Thursday night when a Blue Origin rocket exploded in a massive fireball during testing at a Florida launch pad. The New Glenn rocket erupted around 9p.m. ET at Cape Canaveral while engineers were preparing for a planned engine test ahead of its next mission.
💰 Funding announcement highlights
Geordie AI raised $30M Series A led by Balderton Capital, with Crosspoint Capital, General Catalyst, and Ten Eleven Ventures participating, at an approximately $180M post-money valuation. The company monitors how AI agents behave inside enterprise systems, enabling security teams to track access, detect risk, and control agent actions.
Pax raised $40M seed co-led by Greenoaks and Benchmark. The company develops AI-powered public safety software that connects camera feeds, police records, and criminal databases.
Trajectory raised $15M seed led by Conviction, with Bessemer Venture Partners, Radical Ventures, BoxGroup, Jeff Dean, and Fei-Fei Li participating, at a $115M post-money valuation. The company develops software to continuously retrain and improve AI models using real-world user interactions.
Triomics raised $22M Series B led by Battery Ventures, with Nexus Venture Partners, Lightspeed, and Y Combinator participating. The company develops oncology-focused AI software for clinical trial matching, patient chart summarization, and administrative workflows.
Arc raised $10.8M seed led by Andreessen Horowitz. The company develops AI voice-ordering systems for drive-thru restaurants that automate customer orders, menu upselling, and order flow management.
📚 Interesting reads of the week
Google CEO Sundar Pichai addressed publisher concerns that AI-powered Search would eventually stop sending traffic to the web entirely, a scenario some have dubbed "Google Zero."
A venture investor shares a practical breakdown of the fundraising process from the investor's seat; covering deck structure, how much to raise, valuation pitfalls, finding your moat, getting the meeting, and how to pitch.
A direct challenge to the most common sentence heard from technical MSP and startup founders. The core reframe: selling is just solving, and every founder has been doing it their whole life.
Naval Ravikant brings together three founders in his podcast episode; Guillermo Rauch (Vercel), Max Hodak, and Ben Scholl, to discuss AI software factories, what happens when models start instructing humans, whether pure software is dead, and why you don't get stuck anymore.
Garry Tan on why YC’s real value is not just capital, advice, or Demo Day, it’s giving founders who are making risky decisions a credible witness, putting them in front of people who have seen thousands of startups and can say, “this could work.”
AI will reshape the job market, but the US has adapted to every major wave of disruption before. Data center construction alone has added more than 200,000 jobs since 2022. The transition will be uneven, and some workers will bear more of the cost than others, but the long-run direction of the US economy adapting to transformative technology is not seriously in question.
📌 Tweet of the week
💼 Who’s hiring in VC?
Looking to get into VC? Below are this week’s curated VC job openings.
Love Ventures is looking for an Investor Relations & Marketing Intern.
HPI Ventures is looking for an Investment Associate.
a16z is looking for an Executive Assistant.
Connecticut Innovations is looking for a Venture Capital Principal.
Pomifer Capital is looking for an Investment Data & Operations Analyst.
