Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Filing: Instant grocery startup Gopuff is raising $750M more at a $13.5B valuation
Gopuff, the “instant” grocery delivery startup that has been on an acquisition and expansion tear in the last several months to scale its business, is also racing to raise money to fuel those efforts. Documents uncovered by Prime…
AI startup funding remained strong in Q2, report finds
All the sessions from Transform 2021 are available on-demand now. Watch now. The pandemic spurred investments in AI across nearly every industry. That's according to CB Insights' AI in the Numbers Q2 2021 report, which found that AI startups…
China's expected edtech clampdown may chill a key startup sector
News that China's government may force domestic tutoring-focused companies to go non-profit is taking a huge bite out of the value of several technology companies. Bloomberg notes that the value of companies like New Oriental Education & Technology…
Susan Su on how to approach growth as your startup raises each round
Your startup might rely on clever growth tactics to get off the ground, but you need more than spreadsheets if you want to turn viral spikes into a real business. You need a qualitative growth model to guide the strategy that you can use to tell…
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Electric air taxi startup Joby to add LinkedIn co-founder, Google exec to board
July 23 (Reuters) - Electric air taxi startup Joby Aero Inc will add Silicon Valley heavyweight Reid Hoffman and executives from Google and Toyota to its board, as the company prepares to go public through a merger with a blank-check firm. Reinvent…
Kleiner Perkins' latest class of 102 startup fellows includes a founder who sold his company to Lyft and a Y Combinator alum
Since 2012, Kleiner Perkins has run a fellows program to scout talent for its portfolio companies. It's gone on to fund several past fellows, including Dylan Field of Figma, now worth $10 billion. This year's fellows include a Y Combinator alum and…
Competition laws could be a death knell for startup mergers and acquisitions
Technology entrepreneurs and innovations yet to be imagined are in the crosshairs of misguided antitrust legislation. Antitrust policy is under the microscope from both political parties. The Biden administration's Executive Order on Promoting…
Widening Circles - The Startup That's Attracting Big Retail To The Circular Economy
The circular economy is no longer a novelty. Instead of buying a drill that will be used two or three times and then locked in a cupboard, increasing numbers of us are renting from our peers via apps.. And rather than making the choice between…
Why Training And Education Are Key For LatAm's Emerging Startup Market To Thrive
Colombia is best known for its amazing coffee, emeralds, and roses. Many people know about them from movies and TV shows that highlight these wonderful aspects of the country. Others know Colombia thanks to Gabriel García Márquez and…
A Startup Plans to Mine the Ocean Floor. It Could Be a Disaster.
Despite the potential riches, more time is needed to study the potential impact on the least resilient ecosystem on the planet. The sea floor between Hawaii and Mexico is covered in potato-sized rocks that contain many of the metals necessary to…
Food-Delivery Startup Zomato's Shares Soar in India Debut
Shares of Zomato Ltd., India's answer to DoorDash Inc., soared in their trading debut, delivering a performance that will likely boost confidence in other Indian startups that are in line to tap the equities market. Within the first few minutes of…
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Car chip shortage to abate, smartphones could be next: industry execs
July 23 (Reuters) - The semiconductor shortage that has gripped the world could last well into 2022 and hit smartphone production next, foreshadowing deficient supply for a range of appliances and industrial equipment, industry executives and an…
Microsoft's cyber startup spending spree continues with CloudKnox acquisition
Image Credits: Drew Angerer / Getty Images Microsoft has acquired identity and access management (IAM) startup CloudKnox Security, the tech giant's fourth cybersecurity acquisition this year. The deal, the terms of which were not disclosed, is the…
Meet The Startup Dismantling America's Trillion Dollar Student Debt Crisis One API At A Time
As Americans continue to struggle to get back on their feet, one daunting question that continues to riddle the U.S. is “what holds a person back from building wealth to begin with?” While there are arguably many factors at play, one…
Food delivery firm Zomato surges 65% in key India debut
Image Credits: Ashish Vaishnav / SOPA Images / LightRocket / Getty Images Shares in Zomato, a Gurgaon-based food delivery company and first of India's consumer tech startups to go public, closed up 64.7% in its debut day of trading in Mumbai…
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