Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How This Startup Is Solving The 1% Trust Problem Facing CFOs
Maximor believes that they've bridged the trust gap with CFOs. They're stereotyped as the ultimate risk-averse gatekeepers: pocket-protector-wearing bean counters who say 'no' to innovation. Yet when it comes to AI adoption, chief financial…
9 startups from Palantir alumni you need to know
Last week, I published a deep exploration into Palantir and its founder factory and how the company's power and success can be explained by its ability to attract elite talent and how it empowers them to develop their skills and learn new ones in…
Self-Driving Tech Startup Waabi Raises $1B for Expansion - TT
[Stay on top of transportation news: Get TTNews in your inbox.] Waabi Innovation Inc., a Canadian startup that develops self-driving technology for trucks, has secured $1 billion in funding for its commercial expansion, including entering the…
Self-driving truck startup Waabi is teaming up with Uber on robotaxis
The Toronto-based company announced $1 billion in new funds, including $750 million tied to its deal to deploy 25,000 robotaxis with Uber. The Toronto-based company announced $1 billion in new funds, including $750 million tied to its deal to…
Autonomous trucking startup Waabi raises $750 million to expand into robotaxis
Waabi has raised $750 million in a new round of venture funding to develop the 'physical AI' that powers both driverless trucks and robotaxis. Khosla Ventures and G2 Venture Partners co-led the round in the Toronto-based startup. Uber also…
Self-Driving Tech Startup Waabi Raises $1 Billion, Expands to Robotaxis
Waabi Innovation Inc., a Canadian startup that develops self-driving technology for trucks, has secured $1 billion in funding for its commercial expansion, including entering the robotaxi market with partner Uber Technologies Inc. The Toronto-based…
Industrial robotics startup Vention reels in $110M funding round
Vention Inc., a Canadian startup that supplies manufacturers with customized automation equipment, has raised $110 million in late-stage funding. The investment arm of Quebec's government led the Series D round. It was joined by Nvidia Corp.'s…
Meet the $1.3 Billion Startup Behind Madonna and Will Smith's AI Video
Alex Mashrabov didn't set out to build another AI company promising to revolutionize marketing. At Snap, a company popularly known for its flagship Snapchat product, Mashrabov led the company's generative AI efforts. He had a front-row seat to how…
Exclusive: Snout, pet wellness plan startup, raises $110 million in debt and equity
U.S. homes have more pets than children. And it's pretty lopsided. If the American Pet Products Association is to be believed, about 70% of American households have at least one pet, while, per the last U.S. Census, only about 40% of homes include…
These Billion-Dollar AI Startups Have No Products, No Revenue and Eager Investors
Ben Spector had an unusual pitch for investors last fall. A Ph.D. student at Stanford University with a highly prized artificial-intelligence background, Spector had no near-term plans to make money and no traditional pitch deck. He didn't even…
Ex-Palantir engineer raises $40 million for cyber startup Outtake, with backing from Microsoft CEO Nadella
Outtake, a cyber startup that works with OpenAI, AppLovin and Bill Ackman's Pershing Square, said it raised a fresh $40 million. Founded by former Palantir engineer Alex Dhillon, Outtake uses autonomous artificial intelligence agents to help…
Former Cary police officer launches startup for police departments
BeamRail, a public-safety startup founded by a former Cary police officer, has raised $700,000 in pre-seed funding to get off the ground. The startup is the maker of an AI-based platform that aims to reduce the amount of time police officers spend…
Self-driving startup Waabi raises up to $1 billion and partners with Uber to deploy 25,000 robotaxis
Waabi, the Toronto-based AI company building software to enable autonomous driving, has raised $1 billion in new funding and struck a major partnership with Uber to deploy at least 25,000 robotaxis on the ride-hailing giant's platform. The deal…
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Tata's Dholera Fab to Open Domestic Tape-Outs for Chip Startups
India's semiconductor ambition is beginning to take a more practical shape for startups, one prototype at a time. Tata Electronics' upcoming semiconductor fabrication plant in Dholera is expected to allow Indian chip startups to carry out domestic…
Andreessen Horowitz-Backed Swedish Startup Brings A.I. to Dentists' Chairs
As A.I.'s capabilities grow, the technology is creeping into workplaces, schools, homes and possibly dentists' chairs soon. Dentio, a Swedish startup betting on dental clinics as a prime use case for A.I. assistants, has just secured $2.3 million…
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