Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Breakout Ventures raises $114M fund to back AI science startups
Breakout Ventures has closed a $114 million Fund III to back AI-focused early-stage startups working in scientific fields such as biology and chemistry. The firm has already written checks to three companies and plans to invest in at least 20…
Health insurance startup Alan reaches €5B valuation
30% of European unicorns may have lost their billion-dollar status, but not Alan. The French health insurance startup is now valued at €5 billion — approximately $5.83 billion, up from $4.5 billion in 2024. Created in 2016, Alan has…
$8 billion legal behemoth Harvey is getting into the startup investing game
Harvey's CEO Winston Weinberg thinks the $1 trillion legal market is too big and too fragmented for any one software company to sweep it. So the $8 billion legal-tech startup is trying a different play: bankroll whatever comes next. Harvey said…
Google wraps up $32B acquisition of cloud cybersecurity startup Wiz
Google has officially acquired Israeli cybersecurity firm Wiz for $32 billion in cash, a full year after the companies announced the deal. This marks Google's biggest acquisition in its history. Wiz provides a security platform that protects major…
EV startup Harbinger reveals a smaller work truck with electric and hybrid variants
Los Angeles-based EV startup Harbinger has revealed its second vehicle: a smaller, medium-duty work truck. Called the HC Series Cab, the new truck will be available as an all-electric vehicle, or as a hybrid (the latter has up to 500 miles of…
California Startup Wants to Send Thousands of Mirrors to Orbit For the Dumbest Reason Ever
A new startup has come up with a way to sell sunlight on demand, proposing a constellation of satellites that would reflect beams of light onto Earth. Reflect Orbital wants to deploy up to 50,000 in-space mirrors mounted on satellites to create…
This AI startup wants to pay you $800 to bully AI chatbots for the day
If an AI chatbot has ever tested your patience, this job will pay you $800 to unleash your frustration. An AI software company just opened applications for someone's dream job: Professional AI Bully. 'You'll spend a full 8-hour day interacting with…
French Health Startup Alan Valued Above €5 Billion After Raise
French health-insurance startup Alan has raised more than €100 million ($116 million) at a valuation above €5 billion, according to a company statement. The funding was earlier reported by Bloomberg. The round was led by existing…
Experts skeptical this California startup can turn night into day
Imagine a night sky where satellites, saddled with huge mirrors reflecting sunlight, shine like artificial moons. A startup in Los Angeles County is awaiting regulatory clearance to make that dream a reality, with plans to sell the light to…
'Father of AI' Yann Lecun Raises $1 Billion With Startup Betting That the Industry Is Wrong
Just a few years ago, Yann LeCun appeared to be the right man at exactly the right place. LeCun, who famously pioneered the convolutional neural networks (CNNs) that underpin modern computer vision, had spent over a decade as the intellectual head…
Anthropic's lawyer says government is 'pressuring' companies to ditch the AI startup, go to competitors
Anthropic's lawyer said the US government is 'pressuring' the startup's customers to go to rival AI providers amid an escalating fight between the Claude developer and the Department of Defense. During a status conference on Tuesday, Michael…
The Billion-Dollar AI Startup That Was Founded by Teenagers
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Exclusive | Rivian CEO's AI-Powered Robotics Startup Raises $500 Million
Mind Robotics, a startup founded by the chief executive of Rivian, has raised $500 million, the latest in a flurry of venture-capital-backed funding rounds for AI-powered robotics companies. The round, led by Accel and Andreessen Horowitz, values…
Jim Cramer on Robinhood Ventures Fund I: 'Clearly, People Aren't That Enthused About These Venture Capital-Backed Startups'
Robinhood Ventures Fund I (NYSE: RVI) is one of the stocks on which Jim Cramer expressed his thoughts. Cramer mentioned the stock during the episode and remarked: Let me put it bluntly. When Robinhood was offering shares of RVI at $25 in the IPO…
Exclusive: Translucent, an AI-native healthcare finance startup, raises $27 million Series A
Jack O'Hara has seen a hospital shut down. It happens via blurry paperwork and running out of time. O'Hara, through COVID, was chief information and transformation officer at Illinois-based medical center Springfield Clinic. And he and his team…
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