Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
AI startup CVector raises $5M for its industrial 'nervous system'
Industrial AI startup CVector built a brain and nervous system for big industry. Now, founders Richard Zhang and Tyler Ruggles are tasked with a bigger challenge: showing customers and investors how this AI-powered software layer translates to real…
This Startup Is Designing A Hypercar From The Suspension Up
Hameedi Venturo has almost pulled back the curtain on Project Origine, its clean-sheet all-terrain performance car concept. I say almost, because pictures of the actual car are still to be revealed. The vehicle will be developed and manufactured in…
AI chip startup Ricursive hits $4B valuation two months after launch
Ricursive Intelligence, a startup building an AI system to design and automatically improve AI chips, has raised $300 million at a $4 billion valuation. The company said Monday the round was led by Lightspeed. Ricursive says the system will be able…
Andreessen Horowitz Invests Early in Swedish AI Startup Dentio
Andreessen Horowitz has led a pre-seed funding round for Dentio AB, a Swedish startup that has developed a dental software platform underpinned by artificial intelligence. “AI can turn small software markets into much bigger opportunities by…
I quit Meta to build an AI startup. Giving up a Big Tech salary was tough - here's how I prepared financially.
This as-told-to essay is based on a conversation with Jason White, a 46-year-old startup founder in the San Jose area. Business Insider has verified his former employment with documentation. His words have been edited for length and clarity. I've…
Ex-BMG Chief Hartwig Masuch Joins Swedish Music Startup Hyph as Chairman
Swedish music service Hyph has appointed Hartwig Masuch — former CEO of BMG — as its chairman, effective April of this year. Masuch, who has already joined the company in an advisory capacity, will help guide Hyph's strategic…
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Startup Named After 'Despicable Me' Villain GRU Reveals Plans to Open Hotel on the Moon by 2032
A San Fransisco startup has announced plans to open a hotel on the moon by 2032 The announcement follows President Donald Trump's “Ensuring American Space Superiority' executive order urging NASA to build a lunar structure by 2030 The…
Mastercard expands startup outreach to agentic AI firms
Key insights: Mastercard is expanding its Start Path startup outreach to include agentic AI firms. What's at stake: Visa and fintechs are rivals in the race to capture merchants eager to adopt agentic AI. Forward look: Banks, fintechs and merchants…
U.S. startup incubator removes Canada from list of places where it invest: report
Y Combinator, the U.S. startup incubator behind companies like DoorDash Inc., Airbnb Inc. and Coinbase Global Inc., has removed Canada from a list of countries where it will invest. The San Francisco-based organization made the change in the…
Cloud security startup Upwind raises $250M funding round
Upwind Security Inc., a startup with a platform for securing public cloud environments, today announced that it has closed a $250 million funding round. Bessemer led the Series B investment with participation from Salesforce Ventures and Picture…
China Startup Starts Selling Spaceflights at $430,000 a Seat
From film stars and tech executives to poets and actors, more than 20 high-profile Chinese figures have reserved seats on what could become China's first commercial spaceflight. Beijing-based startup Interstellor Human Spaceflight Technology has…
AI Startups Hit Unicorn Status at Seed Stage
Case in point: Humans&, a three-month-old San Francisco-based AI lab founded by researchers from OpenAI, Anthropic, Google, xAI and Meta, closed a $480 million seed round, one of the largest seed financings ever, at an extraordinary $4.48 billion…
Autonomous Trucking Firm Gatik Inks Contracts Worth $600 Million
Autonomous trucking startup Gatik AI Inc. signed a deal with a major consumer-goods company that will double its contracted revenue to $600 million over five years, helping the self-driving technology developer build out its business shipping goods…
Node-based design tool Flora raises $42M from Redpoint Ventures
Flora, a design tool used by designers at Alibaba, Brex, creative agency Pentagram, and entertainment company Lionsgate, has hit a new milestone. The startup has raised $42 million in Series A led by Redpoint Ventures, it announced on Tuesday.
Risotto raises $10M seed to use AI to make ticketing systems easier to use
Help desk automation is a billion-dollar industry, and one of the most likely to be disrupted by tech built upon AI. Major players like Zendesk, ServiceNow and Freshworks currently dominate the space, but lots of smaller startups are betting that…
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