Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Pepkor Rethinks Investec Tie-Up as It Eyes Solo Bank Startup
Pepkor Holdings Ltd. is weighing plans to abandon a possible partnership with Investec Bank Ltd. and instead launch a lender on its own, according to a person familiar with the matter. The retailer, Africa's largest seller of clothing and mobile…
EV Startup Olinia Powers Up in Mexico Thanks to State Support
Mexico's government-backed electric vehicle startup Olinia will unveil its first two prototypes in June as it seeks $200 million in private capital to jumpstart manufacturing, all part of an ambitious plan to transform how people move around…
Exclusive: H&M wants to make clothing from CO2 using this startup's tech
The fashion industry knows it has a waste problem. About one garbage truck of textiles is thrown away every second. Meanwhile, the industry generates more carbon pollution than international flights and maritime shipping combined. Some companies…
Ex-Datadog Leader's AI Startup Nabs First $49 Million Funding
Standard Template Labs, founded by former Datadog Inc. President Amit Agarwal, has raised $49 million in its debut financing to try to remake how information technology services operate within big businesses. The deal, which is large for a seed…
Mastercard to Buy Stablecoin Startup BVNK for Up to $1.8 Billion
Mastercard Inc. said it will acquire the stablecoin infrastructure startup BVNK for as much as $1.8 billion, four months after negotiations between BVNK and Coinbase Global Inc. for a roughly $2 billion deal fell apart. The purchase price includes…
Mastercard says it's acquiring stablecoin startup BVNK in $1.8 billion bet on future of payments
Mastercard said it agreed to acquire stablecoin infrastructure startup BVNK for up to $1.8 billion — including $300 million in performance-contingent payments — in its biggest crypto deal ever. The deal gives the payments giant the…
I've Built Startups for 40 Years. AI Just Flipped Everything I Know
AI startups don't just need engineers — they need experienced founders who know how to build businesses. Even after 40 years of startups, building in AI can make seasoned founders feel like beginners. Technology may change, but fundamentals…
This Executive of a $6.6 Billion AI Startup Says She Has One Very Big Worry
Lovable is a “vibe coding” platform that lets people build full apps using plain English prompts. Elena Verna, Lovable's head of growth, said in a recent interview that her biggest worry is large companies like Anthropic and OpenAI.
Exclusive: RunSybil, a startup using AI to automate penetration testing, raises $40M in VC funding in round led by Khosla Ventures
RunSybil, an AI cybersecurity startup that uses AI agents to automatically hack company software to find security weaknesses, has secured $40 million in venture capital funding. The round was led by Khosla Ventures, with participation from S32, the…
Kenya's electric bus startup BasiGo ramps up inter-city expansion
Electric bus startup BasiGo is in talks with fuel retailers to extend its services beyond Kenya's capital in its largest expansion since it launched in 2021, potentially providing a template for the way sustainable public transport can be scaled up…
Steve Blank Your Startup Is Probably Dead On Arrival
Your Startup Is Probably Dead On Arrival If you started a company more than two years ago, it's likely that many of your assumptions are no longer true. You need to stop coding, building, recruiting, fund raising, etc., and take stock of what…
IT automation startup Standard Template Labs raises $49M
Standard Template Labs Inc., a startup using artificial intelligence to help companies manage their technology infrastructure, today announced that it has raised $49 million in funding. The seed investment was jointly led by Iconiq and CRV.
How Miami became a launchpad for cross-border payments startups
On any given day in Miami, money is moving in every direction. A contractor in Doral sends earnings back to family in Colombia. A logistics firm wires payment to a supplier in Mexico. A startup founder pays a remote team spread across several…
Move over, garages. Startups are now hatching from luxury mansions
When Zach Dive completed his stint at the startup accelerator Y Combinator last summer, he began thinking about where to put his company's first office. Dive, a London native, liked the idea of placing his startup in a garage — a nod to…
Saudi Arabia takes Indian startup's help for satellite images
At a time when it is being drawn into the war in West Asia and amid the energy crisis, Saudi Arabia has taken the help of an Indian space start-up for providing it satellite images. Bengaluru-based, Google-backed Pixxel, whose Firefly constellation…
Receive a Daily briefing on Startup Industry News
Get Started