Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The hardest startup in America
Augustus Doricko, founder and CEO of cloud-seeding startup Rainmaker, surveys the sky from a sunbaked hillside 5 miles from Utah's Great Salt Lake. On this balmy Sunday afternoon in late September, the lake is calm, but its serenity belies a…
How This Founder Sold Startup For $35 Million In Just 4 Years
Selling a startup feels elusive to many. For Aaron Spivak, the answer blends relentless execution with an unconventional mindset. Raised in a working-class immigrant family in Toronto, Spivak built his entrepreneurial instincts early—long…
Japan carbon-capture startup's IPO in 2027 'not off the table'
TBM, a Japanese maker of carbon-capture technology and recycled materials, has started preparatory work for an initial public offering on the Tokyo Stock Exchange's Growth Market to list in the “not-so-distant future,” a company…
Startups love to boast about 'ARR.' AI could bring this to an abrupt end.
Startups and other tech companies love to boast about ' annual recurring revenue.' AI could make this metric obsolete, though. According to a new report by consultant AlixPartners, investors are on the cusp of abandoning the traditional…
These 16 AI startup founders have collectively raised over $100M - and they're all under 27
Zach Yadegari, 18, sold his first video gaming app at age 16 for almost $100,000 and used the proceeds to fund Cal AI, an AI-powered nutrition app he co-founded. He first discovered an interest in coding at a coding camp his parents sent him to…
Startup wants to relaunch Twitter, as Reddit launches verification
Deciding to abandon one of the world's best-known brands was one of a number of imaginative decisions made by Elon Musk when he purchased Twitter and renamed it X. Now a startup wants to revive the name, arguing that X corporation no longer has any…
Exclusive-AI software startup Harness valued at $5.5 billion in latest financing round
Dec 11 (Reuters) - Harness, an AI software development startup, has raised $200 million in a Goldman Sachs-led fundraising round that values it at $5.5 billion, the company said on Thursday. The financing marks a 49% jump in the firm's valuation…
This startup is launching an AI personal health assistant that'll face off with Big Tech from Verily to OpenAI
Included Health is rolling out a new AI tool that could pit it against Big Tech's latest health bets. The healthcare startup has launched an AI-powered personal health assistant, Business Insider has learned exclusively. The tech draws on patients'…
Book by Startup Founder Explains How to Achieve Liftoff
TAG Quarterly Publishes Excerpts If you're starting a business, you know you have to 'cross the chasm' by moving sales from early adopters to mass-market buyers. But first you have to get there, and that is the subject of 'Reaching the Chasm,' a…
Goldman Sachs leads investment in software delivery startup Harness at $5.5 billion valuation
Harness is raising $200 million in a round led by Goldman Sachs, and is planning a $40 million tender offer to cash out longtime employees. The software delivery startup co-founded by Jyoti Bansal now brings in more revenue than AppDynamics at the…
How a SpaceX IPO could deliver Google one of the most lucrative startup wins ever
Talk about the rich getting richer. Alphabet, parent company of Google, has been one of the best-performing stocks of the year, up nearly 70%, and now has a market capitalization of $3.8 trillion. The company also happened to make what could turn…
AI defense booms in UK and Germany as new wave of billion-dollar startups emerge
The U.K. and Germany have emerged as crucial defense tech ecosystems as Europe rearms. Technical talent, increasingly pro-startup policy, and access to new markets and frontline training have helped make these two countries regional leaders.
Exclusive: Crypto startup LI.FI raises $29 million for cross-blockchain price discovery tool
When businesses decide to engage with crypto, they quickly discover the landscape is fragmented across numerous blockchains. If they want to move assets between different chains, they must often rely on a technology called bridging that can prove…
Why This $1 Billion Startup CEO Rejects 996, Hustle Culture
Saarinen is the 38-year-old CEO of project management startup Linear. Linear, which was valued at $1.25 billion in June, is a remote company that offers five weeks of paid time off per year and four months of paid parental leave. At the heart of…
The most promising startups from Techstars Boston's latest batch
The demo day put on by Techstars Boston used to be a good way to get a glimpse of Boston's most promising startups. The program launched in 2009, and originally, nearly every startup was based in the Boston area — or at least had moved here…
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