Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
AI voice startup ElevenLabs doubles valuation to $22B
Voice AI startup ElevenLabs announced today that it's allowing employees to cash out a portion of their vested equity at a $22 billion valuation, doubling the $11 billion valuation the company hit when it raised $500 million in February. The recent…
Two Google alumni raise $11.3M to back AI startups that enterprises will actually pay for
Two Google alumni have closed an $11.3 million fund to back early-stage AI startups, betting that the era of enterprise AI experimentation is ending and that customers will increasingly pay only for products that prove their worth. BAG Ventures…
Why two of Silicon Valley's hottest AI coding startups are publicly feuding over one executive
Factory AI and Cognition, two high-profile San Francisco-based AI startups building coding agents, are publicly feuding over the departure of a former Factory board observer and advisor who is joining Cognition as chief revenue officer. Factory CEO…
Startups Race to Cash In on Gold Rush Sparked by Whey Protein Shortage
Leaft Foods has never been so busy. The New Zealand startup, which makes a protein shot extracted from alfalfa leaves, saw sales spike 600% in the year through June, says Chief Executive Officer Ross Milne — a big jump for a company…
Pentagon Invests in Startup Aiming to Supply Metal for Critical Magnets
Hertha Metals, a startup planning to produce high-purity iron for U.S.-made rare-earth magnets—essential to F-35 jet fighters and missile-guidance systems—said it closed a $133.65 million Series A round that includes a $65 million…
Communications startup Relay raises $36M to fuel growth in Raleigh
Relay, a Raleigh-based startup making smart communication tools for frontline workers, has raised $36 million from investors, the company told Axios. Why it matters: Relay, which spun out of fellow Raleigh tech company Bandwidth, has been one of…
Exclusive: Solving for the hand: Startup wants to pay prosthetic users to teach robots
Amputees in developing nations may hold the key to giving humanoid robots hands that actually work. Psyonic, a San Diego startup, wants to give people its bionic hands — and pay them — so it can capture data on how they grip, lift…
T-Hub launches venture studio Flashpoint to co-build startups
T-Hub has launched Flashpoint, a venture studio, to co-build startups across India. As part of the programme, the incubator and industry partners will define a problem and select founders to build a startup around it. Such founders will gain…
CEO of 'hot girl' insurance startup Corgi threatened to shut down NYC office over puppy, pee pads: report
The 26-year-old CEO of Corgi — a buzzy insurance startup that has become known online for its so-called “hot girl” marketing — reportedly threatened to shut down the company's New York office during a bizarre dispute…
Pune Inc | 10-year-old startup gets licence to build warships and submarines
Pune-based Sagar Defence Engineering (SDE) has secured a licence to build warships and submarines for the Navy. Founded 10 years ago in a 150 sq-ft apartment, the startup has been building unmanned surface vehicles and unmanned underwater…
From robots to cancer screenings, Asia's next wave of AI startups is moving into the real world
SINGAPORE: From underwater drones and cancer screening to industrial maintenance and real-time fraud detection, Asian startups are taking artificial intelligence beyond software and into the real world. Thirty of these companies were showcased on…
The Startup Raising $17 Million for Super-Thin, Wall-Mounted Batteries
Electricity is more expensive in times of peak demand — that's simply a universal truth. But for many commercial building owners and tenants, their most energy-intensive minutes of the month can have an especially outsized impact on their…
T-Hub launches venture studio to groom startups
Startup incubator T-Hub has launched Flashpoint, a venture studio that co-builds startups with founders nationwide. The venture studio will identify problems and select founders to build a startup that can solve them. Handpicked founders will get…
On-demand GPU infrastructure startup GMI Cloud raises $263M to fuel global expansion - SiliconANGLE
Taiwan-based neocloud GMI Cloud Inc. wants to capitalize on what it says is an “unprecedented” demand for artificial intelligence computing power after raising a massive $663 million in funding from two sources. The startup said today…
Startup Ascerta collects $18M in funding to help enterprises understand the value AI provides - SiliconANGLE
Many businesses are spending enormous sums of money on artificial intelligence, but they don't have any way to understand how much value those investments are returning — and that's a challenge that a startup called Ascerta Inc. wants to…
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