Startup Industry News

A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

techcrunch.com - Jagmeet Singh - A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom
A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom
TechCrunch

Lachy Groom, one of Silicon Valley's most closely watched solo investors, decided to back Indian startup Pronto just 20 minutes into his first meeting with its 24-year-old founder. The meeting, which took place in February through a mutual…

techcrunch.com - Dominic-Madori Davis - Insurance startup Corgi hits $1.3B valuation 4 months after its Series A
Insurance startup Corgi hits $1.3B valuation 4 months after its Series A
TechCrunch

Business insurance startup Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion, the startup's co-founder Nico Laqua said on LinkedIn. This comes just four months after the company announced a $108…

techcrunch.com - Lorenzo Franceschi-Bicchierai - AI evaluation startup Braintrust confirms breach, tells every customer to rotate sensitive keys
AI evaluation startup Braintrust confirms breach, tells every customer to rotate sensitive keys
TechCrunch

AI evaluation startup Braintrust has urged customers to revoke and replace their API keys after an earlier breach of customer secrets. According to an email sent to customers Monday and seen by TechCrunch, the startup confirmed “unauthorized…

cnn.com - Rebecca Cairns - This startup built Japan's first 3D-printed two-story home. It wants to solve the country's construction crisis | CNN Business
This startup built Japan's first 3D-printed two-story home. It wants to solve the country's construction crisis | CNN Business
CNN

Japan's construction industry is facing a productivity crisis - is 3D printing the answer?

techcrunch.com - Anna Heim - Khosla-backed robotics startup Genesis AI has gone full-stack, demo shows
Khosla-backed robotics startup Genesis AI has gone full-stack, demo shows
TechCrunch

Genesis AI, a startup that raised a $105 million seed round to build foundational AI for robotics, has unveiled its first model, GENE-26.5, and it comes with surprise hands. In a demo video, the company showcased various advanced tasks performed by…

businessinsider.com - Agnes Applegate - I hired a private chef for my 9-person AI startup - it was cheaper than our $13,500+ a month food delivery habit
I hired a private chef for my 9-person AI startup - it was cheaper than our $13,500+ a month food delivery habit
Business Insider

This as-told-to essay is based on a conversation with Nathaneo Johnson, 22, who co-founded Series, an AI-powered social network, and is based in New York. The following has been edited for length and clarity. I knew my startup had a problem when…

irishcentral.com - Cormac Cahill - Enterprise Ireland invested over €30m in Irish startups last year
Enterprise Ireland invested over €30m in Irish startups last year
IrishCentral

The event, which brought together 650 delegates from across the startup ecosystem, recognized the “Class of 2025” — a cohort that included 90 High Potential Startups (HPSUs) and 108 early-stage businesses backed through…

globalnews.ca - Alessia Simona Maratta - Quebec startup launches gamified savings app targeting young Canadians - Montreal
Quebec startup launches gamified savings app targeting young Canadians - Montreal
Global News

A Montreal-based startup has launched a new app designed to encourage young Canadians to save money by turning the process into a game. Benjamin Thomas, 23, co-founder and CEO of Lodavo, said the app, released on major app stores last week, rewards…

axios.com - Carrie Shepherd - Could Illinois AI rules hurt startups?
Could Illinois AI rules hurt startups?
Axios

Illinois lawmakers are pushing for stronger guardrails around AI, but opponents fear that regulation could stifle progress. Why it matters: The Legislature is currently debating several bills focused on the technology, including one calling on…

wral.com - Steve Rao, WRAL TechWire contributor - Steve Rao: North Carolina's startup rebellion is here - And the Force is strong
Steve Rao: North Carolina's startup rebellion is here - And the Force is strong
WRAL News

On the heels of May the 4th, I wanted to reflect on North Carolina's startup economy through the lens of Star Wars—because right now, the Force is strong in our state's entrepreneurial ecosystem. A long time ago—in a galaxy not so far…

rappler.com - Reuters - French startup unveils AI model for robots and human-like hand
French startup unveils AI model for robots and human-like hand
RAPPLER

Genesis AI, a French robotics startup backed by former Google CEO Eric Schmidt and telecoms tycoon Xavier Niel, on Wednesday, May 6, unveiled an AI model designed to make robots more adaptable, along with a human-like robotic hand. Co-founded by…

prweb.com - Citrine Angels - Citrine Angels Surpasses $2 Million Invested in Women-Led Startups and Welcomes First Executive Director
Citrine Angels Surpasses $2 Million Invested in Women-Led Startups and Welcomes First Executive Director
PRWeb

'As Citrine reaches this exciting milestone, we are seeing proof of what becomes possible when women are given access, education, and community around investing,' said Stephanie Marshall, Co-Founder and Board President of Citrine Angels. 'When we…

pv-magazine.com - Sandra Enkhardt - German startup offers scalable AC system for bidirectional charging
German startup offers scalable AC system for bidirectional charging
pv magazine International

German startup Lade Gmbh has launched a scalable AC system tha promises to enable the rapid implementation of large-scale charging infrastructure projects. The AC system supports single- and three-phase charging at up to 22 kWs and is prepared for…

cityam.com - Eliot Wilson - This accidental Finnish defence startup can teach the UK some lessons
This accidental Finnish defence startup can teach the UK some lessons
City AM

The UK is home to some of the world's most significant defence companies, but also its most innefficient procurement systems. The story of Finnish startup Kelluu offers some valuable lessons, writes Eliot Wilson One of the most profound lessons of…

siliconangle.com - Duncan Riley - Security training startup Herd Security raises $3M to expand AI capabilities
Security training startup Herd Security raises $3M to expand AI capabilities
SiliconANGLE

Security training platform startup Herd Security Inc. today announced that it has raised $3 million in new funding to expand product development across new training categories in human resources and artificial intelligence, optimize its AI-powered…

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