Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
VCs discuss why most consumer AI startups still lack staying power
Even three years after the generative AI boom started, most AI startups are still making money by selling to businesses, not individual consumers. Although consumers quickly adopted general-purpose LLMs like ChatGPT, most specialized consumer GenAI…
Stretch fabric is nearly impossible to recycle-but this startup just made it simple
Stretch fabrics are notoriously hard to process. When your old leggings wear out, they will probably end up in a landfill—even if you try to drop them off for recycling. But a Manhattan startup has developed a new material that could finally…
This Startup Backed By OpenAI and Jobs Family Is the Latest A.I. Drug Discovery Unicorn
Chai Discovery, a San Francisco-based startup backed by OpenAI, is the latest drug discovery company to benefit from a flurry of investments at the intersection of health care and A.I. In its latest funding round, the company raised $130 million to…
Exclusive | Sen. Cornyn sounds the alarms about potential for startup firm to make gene-edited designer babies
Texas Sen. John Cornyn sounded the alarm that a biotech startup firm that has raised some $30 million to study diseases in embryos is working on gene-editing techniques for humans at their earliest stages. Cornyn (R-Texas) demanded assurances that…
Audio generation startup Mirelo nabs $41M investment
Mirelo AI GmbH, a Germany-based developer of audio generation models, today announced that it has raised $41 million in funding. Index Ventures and Andreessen Horowitz led the seed investment. They were joined by Atlantic.vc and TriplePoint…
Immigration startup Tukki beat 995 other companies for a $1M win
At his core, Ramiro Roballos is a realist. For that reason, he didn't really expect Tukki to make it past the first round of the 43North shark tank-style pitch competition in New York. A thousand startups applied. Five were chosen. Tukki –…
AI medical research startup Chai Discovery raises $130M in funding
Chai Discovery Inc., a startup using artificial intelligence to accelerate drug development, today announced that it has closed a $130 million funding round led by Oak HC/FT and General Catalyst. The two investment firms were joined by more than a…
Call center chatbot startup PolyAI raises $86M at a $750M valuation
London-based artificial intelligence startup PolyAI Ltd. said today it has raised $86 million in funding at a $750 million valuation for its agentic chatbot platform that automates customer interactions for casinos, banks, hospitals and other…
Consumer appliances startup EDT raises $1.4 million in pre-seed funding
EDT, a new-generation consumer appliances brand, has raised $1.4 million in a pre-seed fundraising round led by Sauce VC. The round also saw participation from Consumer Collective as well as marquee founders and strategic operators. Marquee…
StartupLab closes $32m fund to boost Norwegian tech startups
StartupLab, a leading startup incubator and accelerator in Norway, has closed its fifth fund of €32m. Investors include pension company KLP, investment company Investinor, Norway's state-owned climate investment company Nysnø, PE firm…
Kerala Startup Mission ties up with German ecosystem to support start-ups
Kerala Startup Mission has signed MoU with NXTGN Startup Factory of Baden-Württemberg, Germany, to benefit deep-tech start-ups on both sides. The MoU was signed the start-up festival Huddle Global 2025 between by KSUM CEO Anoop Ambika and…
Kerala Startup Mission, German consortium partner to boost deep-tech start-ups
Kerala Startup Mission (KSUM) has signed an MoU with NXTGN Startup Factory of Baden-Württemberg, Germany, aimed at supporting deep-tech start-ups on both sides. The agreement was finalised at Huddle Global 2025, the state's flagship start-up…
India Unveils DHRUV64: First Indigenous 1GHz 64-Bit Processor for 5G, Auto & IoT
India today marks a major step in its semiconductor journey with the launch of DHRUV64, the country's first 1.0 GHz, 64-bit dual-core microprocessor, according to an official government release. The processor is fully designed in India by the…
ServiceNow tumbles on report that it's nearing a deal to buy cybersecurity startup Armis for up to $7 billion
ServiceNow is deep in the red in premarket trading Monday after Bloomberg reported that the software company is in “advanced talks” to buy cybersecurity firm Armis for up to $7 billion, citing people familiar with the situation. In…
OpenAI-backed biotech firm Chai Discovery raises $130M Series B at $1.3B valuation
Chai Discovery, a biotech startup with backing from OpenAI, announced an $130 million Series B round at a $1.3 billion valuation on Monday. The round was led by General Catalyst and Oak HC/FT, the company said. Other participants include Menlo…
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