Startup Industry News

Grubhub parent acquires restaurant rewards startup Claim

Grubhub parent company, Wonder, announced that it has acquired Claim, a restaurant rewards app. Founded in 2021, Claim offers cash-back rewards for local restaurants that users can redeem for dine-in or pick-up orders. Restaurants partner with…

Retail startup Another raises a $2.5M seed to help sell excess inventory

Corina Marshall spent 11 years working in retail digital marketing and realized the industry was behind the times. Specifically, the technology that helped retail brands sell unsold or excess products (off-channel inventory) wasn't as sophisticated…

With Laundry Becoming A Mounting Chore For Busy Professionals, Tech Startups See Opportunity in Wash-And-Fold

David Diaz often works 10 hours a day as a general contractor. The Miami resident relies on a service called NoScrubs to pick up his laundry and wash it. “It's been very efficient,” he says. “I leave my laundry outside my condo…

Korean dynamism: A new wave in startup investment

Andreessen Horowitz, also known as a16z, is the world's largest venture capital firm, managing assets worth about $63 billion as of last year. Co-founded by Marc Andreessen, creator of the Netscape web browser, and Ben Horowitz, the firm is famous…

Indian vibe-coding startup Emergent raises $70M at $300M valuation from SoftBank, Khosla Ventures

In a sign of the demand, or hype, for AI startups, Emergent, an Indian startup building an AI “vibe-coding” platform, has raised $70 million less than four months after it raised a $23 million Series A. The Series B round was jointly…

Humans&, a 'human-centric' AI startup founded by Anthropic, xAI, Google alums, raised $480M seed round

Humans&, a startup with a philosophy that AI should empower people rather than replace them, has raised $480 million in seed funding at a $4.48 billion valuation, reports The New York Times. Investors in the round include chipmaker Nvidia, Amazon…

Exclusive | Nvidia Invests $150 Million in AI Inference Startup Baseten

ADIF writes to CCI for interim relief to startups in Apple case

The Alliance of Digital India Foundation (ADIF), in an application to the Competition Commission of India (CCI), has alleged that technology company Apple is using dilatory and delaying tactics in the regulator's investigation against the company…

Winnipeg tech startup links skateboard video streaming service, products - with eye on expansion

Email Address: I agree to the Terms and Conditions, Cookie and Privacy Policies, and CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: Enjoy unlimited reading on winnipegfreepress.com Read the E-Edition…

Musk's OpenAI Lawsuit Puts AI Governance and Startup Control on Trial

When Elon Musk asked a US court to award him up to $134 billion in damages from OpenAI and Microsoft, the headline number grabbed attention. But the lawsuit now headed for trial in Oakland, California, is less about reclaiming wealth and more about…

Meta Will Buy Startup's Nuclear Fuel in Unusual Deal to Power AI Data Centers

The company, Oklo, plans to use the fuel at a 1.2-gigawatt plant in Ohio that's due as early as 2030. Nuclear fuel pellet / NRC via Wikimedia Commons As data-center energy bills grow exponentially, technology companies are looking to nuclear for…

A.P. CM Naidu pushes for AI and startup growth initiatives at Davos meet

Andhra Pradesh Chief Minister N. Chandrababu Naidu has proposed that out of the 50 lakh youth targeted for AI, Quantum, and Cybersecurity training nationwide, 10 lakh should be from Andhra Pradesh, during his second day at the World Economic Forum…

Google keen on supporting TG govt. in traffic control, cyber security and startups

Google has expressed keenness in fully supporting the Telangana government in traffic control, cyber security, agriculture, startups and climate change. Google's APAC president Sanjay Gupta explained the company's willingness during his meeting…

Accounting software startup Pennylane raises $204M at reported $4.25B valuation

Pennylane SAS, a Paris-based provider of accounting software, today announced that it has raised $204 million in late-stage funding from a consortium led by TCV. The investment firm was joined by Alphabet Inc.'s CapitalG fund, Blackstone, Sequoia…

AI inference startup Baseten hits $5B valuation in $300M round backed by Nvidia

Artificial intelligence inference startup Baseten Labs Inc. has raised $300 million in new funding on a $5 billion valuation in a round that was co-led by Institutional Venture Partners LP and CapitalG LP, Google LLC's independent growth fund, with…