Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
This startup died in 2017, but its dream of in-ear computing is everywhere
Few elements of Silicon Valley's culture are more cherished than its embrace of failure. Nobody looks askance at you for starting a company that doesn't make it. Indeed, it's widely regarded as a badge of honor, proving your willingness to make…
Exclusive: Daytona, a startup building the 'agentic cloud,' valued at $1 billion in latest funding round
AI agents need somewhere to work—and Ivan Burazin thinks the existing cloud providers aren't the right answer. Now Burazin, the cofounder and CEO of Daytona, a San Francisco-based startup, has turned the idea of a new kind of cloud just for…
German Power Supply Startups Exit Market As Wholesale Prices Soar
Two startup electricity retailers in Germany have recently announced they would cease operations as spiking wholesale prices amid the gas price surge are pressuring the industry again, and this time the pressure is compounded by plans for renewable…
Startup taps underwater volcano as energy source in 'proof point' test
The world's first demonstration of a subsea geothermal power plant has taken place near an active underwater volcano almost a mile below the ocean surface. It generated less than 10 seconds of net-positive electricity but showed the technical…
I sold my apartment, cashed out my pension, and took on debt to build a semiconductor startup
This as-told-to essay is based on a conversation with Hans Hasselby-Andersen, 56, CEO of Danish semiconductor startup Lotus Microsystems and cofounder of Merus Audio, which was acquired by Infineon in 2018. The following has been edited for length…
AI assistant startup Town nabs unicorn valuation four months after launch
Town, a two-year-old, San Francisco-based startup developing AI assistants, nabbed a unicorn valuation on Monday, announcing a $108 million Series B funding round co-led by Forerunner Ventures and Menlo Ventures. The company launched publicly just…
I visited a coworking space where startup founders with tiny teams pay $9K a month to be around each other
I've been following and interviewing tiny team founders for the last year. As part of my ongoing research, I popped into the Series HQ workspace last month to observe how these founders are running their small teams. As the elevator doors opened on…
These startups hope 'blended' food will cut our appetite for red meat
Through his consulting company, K–12 Food Solutions, Dodge was testing a new product called 50/Cut from the company Joyn. The proprietary blend of seemingly simple ingredients—available as meatballs, burgers, and ground…
Top venture capitalist Jenny Lee says Asian startups are speeding toward IPOs
The timeline for startups to do initial public offerings has accelerated, according to Granite Asia's Jenny Lee. 'At the very early stage... we do see a lot more funding activity,' Lee said. Granite Asia is concentrating on areas including…
Apple acquires AI startup that lets musicians rework recorded music
The EU's List of Acquisitions website was updated today with details of a deal struck in June between Apple and Samplab, a Swiss startup that described itself as offering “music production for the age of AI.” Here are the details.
Former OpenAI exec has quietly built $1.5 billion startup, betting AI can revive U.S. manufacturing
Former OpenAI employee Bob McGrew has been quietly building a startup called Arda, which raised capital at a $1.5 billion valuation. McGrew, who spent parts of his career at Palantir and PayPal, said Arda is building an AI assistant for…
Former Trump, Biden officials: America's security depends on startups. Weak patent policy is undermining them
AI pilots that can fly military aircraft when GPS and communications are jammed. Quantum sensors that can guide ships and aircraft without satellite signals. 3D-printed rocket engines that could make hypersonic weapons faster and less expensive to…
Rare-earth magnet startup Vulcan inks research partnership with UNC
Durham-based startup Vulcan Elements is partnering with UNC-Chapel Hill researchers to develop a new generation of rare-earth magnets. Why it matters: Rare-earth magnets, a field currently dominated by China, have become a major focus of national…
Peter Jackson Just Got an Ultra-Rare Extinct Moa Egg Back to New Zealand With the Help of De-Extinction Startup
As many as 2.5 million of New Zealand's legendary, towering flightless birds—the now extinct moa—once roamed the south Pacific nation's hundreds of islands before Polynesian hunters began arriving in 1300 CE, according to a recent…
A startup offered free pizza if its AI agent ordered it. Chaos ensued.
A startup offered free pizza on Friday in exchange for letting its AI agent handle the ordering. After multiple attempts, I ended up with a $30 DoorDash credit, no pizza and an empty stomach. Why it matters: AI agents promise to take everyday tasks…
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