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 - Amanda Silberling - Anonymous messaging app NGL was acquired by 'EarnPhone' startup Mode Mobile
Anonymous messaging app NGL was acquired by 'EarnPhone' startup Mode Mobile
TechCrunch

Anonymous messaging app NGL announced on Friday that it has been acquired by Mode Mobile, a smartphone rewards company that makes money by flooding its users with ads. NGL quickly climbed the App Store charts after its launch in late 2021, joining…

crunchbase.com - Joanna Glasner - These Startups Went From Zero To Unicorn In Under 3 Years
These Startups Went From Zero To Unicorn In Under 3 Years
Crunchbase

Every year, some young startups manage to secure ultra-high valuations. Still others quickly raise multiple big funding rounds. And a few manage to do both. It looks like this year was a boom period for the latter category. Forty-six companies…

techcrunch.com - Julie Bort - Yann LeCun confirms his new 'world model' startup, reportedly seeks $5B+ valuation
Yann LeCun confirms his new 'world model' startup, reportedly seeks $5B+ valuation
TechCrunch

Renowned AI scientist Yann LeCun confirmed on Thursday that he had launched a new startup — the worst-kept secret in the tech world — though he said he will not be running the new company as its CEO. His startup is called Advanced…

pcmag.com - Rob Pegoraro - Trump's Truth Social to Merge With Fusion Startup You've Probably Never Heard Of
Trump's Truth Social to Merge With Fusion Startup You've Probably Never Heard Of
PCMag

A fusion-power startup revealed its own fusion experiment this week: A planned merger with a tech firm that seems to have little in common with its work, but which does bring access to ruling-family levels of influence. TAE Technologies, a Foothill…

space.com - Andrew Jones - Watch South Korean startup Innospace attempt its 1st-ever orbital launch today
Watch South Korean startup Innospace attempt its 1st-ever orbital launch today
Space

HANBIT-Nano | ‘SPACEWARD' Mission Launch Livestream – INNOSPACE | 이노스페이스 - YouTube South Korean startup Innospace is set to attempt its first orbital launch today (Dec. 19), and you can watch…

fortune.com - Beatrice Nolan - Exclusive: Cursor acquires code review startup Graphite as AI coding competition heats up
Exclusive: Cursor acquires code review startup Graphite as AI coding competition heats up
Fortune

Cursor is buying code review startup Graphite in a deal that brings together two popular tools in AI-powered software development. The companies declined to disclose financial terms of the transaction, but said it involves a mixture of cash and…

fortune.com - Dave Smith - AI whiz Yann LeCun is already targeting a $3.5 billion valuation for his new startup-and it hasn't even launched yet
AI whiz Yann LeCun is already targeting a $3.5 billion valuation for his new startup-and it hasn't even launched yet
Fortune

Yann LeCun, the legendary artificial intelligence researcher who helped build and shape Meta's AI strategy, is already underway on his next big thing. Less than a month after announcing his departure from Mark Zuckerberg's social media empire, the…

axios.com - Ashley Mahoney - AI, low-code tools fuel Charlotte junk removal startup
AI, low-code tools fuel Charlotte junk removal startup
Axios

Charlotte entrepreneur Caleb Musser recently launched a rideshare-style junk-removal platform in Charlotte and Charleston called BoxMow. Why it matters: BoxMow is the latest business to incorporate AI into its primary function. It also makes it…

thehindubusinessline.com - MediaMint buys US startup Taktical Digital
MediaMint buys US startup Taktical Digital
BusinessLine

MediaMint, a Hyderabad-based company that offers revenue operations solutions for media, marketing, and sales, has acquired Taktical Digital, a New York-based provider of digital marketing, media, and content services. The company refused to…

thehindu.com - Reuters - Meta's Yann LeCun targets $3.5 billion valuation for new AI startup: Report
Meta's Yann LeCun targets $3.5 billion valuation for new AI startup: Report
The Hindu

Meta's outgoing chief artificial intelligence scientist Yann LeCun is holding early talks to raise 500 million euros ($586.00 million) for a new startup that would value the AI firm at about 3 billion euros ahead of its official launch, the…

thehindubusinessline.com - Flipkart acquires majority stake in AI startup Minivet AI
Flipkart acquires majority stake in AI startup Minivet AI
BusinessLine

Flipkart has acquired a majority stake in Minivet AI, a year-old artificial intelligence and machine learning solutions provider, as the e-commerce giant deepens its investment in generative AI technology. The IPO-bound company said that it has…

cyprus-mail.com - Cyprus is turning public funding into a startup growth engine
Cyprus is turning public funding into a startup growth engine
Cyprus Mail

Cyprus is no longer a quiet player in innovation. It is now ranked among the top 25 countries in the Global Innovation Index and sits within the world's top 40 startup ecosystems. For an island economy, that shift matters. Speaking at Slush in…

siliconangle.com - Mike Wheatley - AI-aided design software startup Neural Concept raises $100M to accelerate product engineering
AI-aided design software startup Neural Concept raises $100M to accelerate product engineering
SiliconANGLE

Swiss artificial intelligence startup Neural Concept SA said today it has raised $100 million in funding to rethink how products are designed and engineered with computer-aided design software tools. The Series C round was led by Growth Equity at…

siliconangle.com - Maria Deutscher - Trump Media to merge with fusion energy startup TAE in $6B all-stock deal
Trump Media to merge with fusion energy startup TAE in $6B all-stock deal
SiliconANGLE

Trump Media & Technology Group Corp. today announced plans to merge with TAE Technologies Inc., a startup that develops fusion reactors. The all-stock transaction is worth $6 billion. Ownership of the combined company is set to be evenly split…

futurism.com - Sharon Adarlo - Investors Warn That Humanoid Robots Are the Next Financial Bubble
Investors Warn That Humanoid Robots Are the Next Financial Bubble
Futurism

AI powered robots are slowly making their way into our world, from delivery bots on wheels to caregiver bots for the planet's growing elderly population. Nothing has captured the imagination of investors quite like humanoid robots, though, as…

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