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 young startup is taking on a fragrance industry that hasn't changed in a almost half century
Fragrance tech company Patina says it has raised $2 million in funding investors, including Betaworks and True Ventures. The company focuses on creating new scent molecules using advanced molecular design, machine learning, and scent research.
A productivity startup is laying off 22% of the company to create million-dollar salary bands
ClickUp is taking a winner-takes-all approach to its workforce. Zeb Evans, CEO of the cloud-based productivity platform, wrote on social media on Thursday that the company has cut 22% of its workforce, while simultaneously promising that remaining…
Labor MPs expect eventual concessions for startups after backlash to CGT changes
Labor MPs expect the government will agree to capital gains tax concessions for startup businesses after a meme-fuelled backlash to the budget, with some wary that scare campaigns could “get out of hand” without clearer explanation of…
With aluminum prices up 20%, recycling startups bet on AI to cash in
Rising gas prices have been a recurring headline since the Trump administration started its war against Iran in late February, but it's not the only commodity affected by the conflict. Around 10% of the world's aluminum is made in the Gulf region…
No crying in the casino': A viral startup spat exposes tech's crazed state
Last Friday morning, Avi Patel was scrolling on X when he saw a post that made him crash out. The post, from General Catalyst investor Yuri Sagalov, announced a $31 million seed round for a startup called Luel, which pays people for AI training…
South Louisiana is doomed? Don't tell that to the startups trying to save it
The New Orleans 'doomsday story' has been the talk of south Louisiana this month. The Guardian newspaper, summarizing an academic climate study released earlier this month, said the city has reached the 'point of no return' due to sea level rise…
How will Chalmers' tax changes impact WA's 'original startup'?
Federal Treasurer Jim Chalmers has acknowledged growing concerns that changes to capital gains tax could impact Western Australia's mining industry – particularly mineral exploration, which has been labelled as the nation's “original…
AI code quality startup Sonar buys AI code review startup Gitar
Automated code quality and security heavyweight SonarSource Sàrl said today it's buying a rival startup called Gitar Inc. that specializes in artificial intelligence-native code reviews. According to Sonar, the plan is to integrate Gitar's…
World's biggest 'second life' battery plant to open in June - a key moment for this startup's growth plans
The world's largest facility for repurposing old EV batteries is set to open outside Vancouver this summer, aiming to power AI hyperscalers and industrial buyers seeking to cut their reliance on Chinese battery systems. Moment Energy, founded six…
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Travel Fintech Startup Scapia Secures $63 Million Funding Round
Scapia has raised $63 million in a fresh funding round led by General Catalyst, with participation from existing investors Peak XV Partners and Z47, as the travel-focused fintech looks to deepen its presence in India's fast-growing consumer travel…
Clearsign outlines October startup for 26-burner Gulf Coast project while advancing $0.5M phase of 32-burner California order (NASDAQ:CLIR)
Earnings Call Insights: ClearSign Technologies (CLIR) Q1 2026 'Like our more recent quarterly calls, we will use a Q&A format for this session.' (CEO & Director Colin James Deller) 'For the first quarter of 2026, the company recognized…
Serverless AI infrastructure startup Modal Labs seals $355M funding round
Artificial intelligence startups are facing two massive headaches: There's too much AI-generated code to deal with, and not nearly enough computing power to run it all on. Modal Labs Inc., which has just raised $355 million in a new funding round…
Angel Investors Ontario Launches New Vision and Mission, Joins Canadian Startup Capital Association as A Member
TORONTO, May 21, 2026 /CNW/ - Angel Investors Ontario (AIO), the province's leading network of organized angel groups, today launched a new vision and mission for the organization, sharpening its focus on building the early-stage capital…
Sam Altman's startup is hoping Jared Leto's band will get you to scan your eyeball
By Stephanie K. Baer Deputy News Editor How do you tell a robot from a human being? It's all in the eyes. Jared Leto would know. In “Blade Runner 2049,” the Oscar-winning actor played the CEO of a company that manufactures replicants…
Cyprus seeks to turn innovation infrastructure into investable startups
Cyprus has moved beyond talking about becoming a technology hub, but its next challenge is harder: turning new AI infrastructure, global partnerships and university-led research into companies that can compete internationally. That was the central…
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