Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why Snowflake's former revenue chief is joining a little-known AI infrastructure startup
After departing the cloud giant Snowflake in April for 'personal reasons,' former revenue chief Mike Gannon is joining AI infrastructure startup Spectro Cloud as its chief revenue officer. The $1 billion startup Spectro Cloud creates software that…
Palo Alto Networks in talks to buy AI agent security startup Clutch for $500M
Palo Alto Networks is in talks to acquire Clutch Security, a startup that secures AI agents' access to company systems, for $500 million in cash plus additional milestone-based payouts, according to a person familiar with the discussions.
Marc Lore's Startup Wonder Confidentially Files for IPO
The New York-based company, founded by billionaire and former Walmart executive Marc Lore, announced its latest funding round in July, a $650 million Series D at a premoney valuation of $9 billion. Lore said in an August interview with The Wall…
Marc Lore's Startup Wonder Confidentially Files for IPO -- Update
Food hall startup Wonder Group confidentially filed for an initial public offering, kicking off the process for a stock market debut. The filing, disclosed Thursday, comes as the New York-based company continues to rapidly grow its footprint of…
Legal AI startup Harvey has held early talks about an IPO
Harvey has been taking early steps toward an initial public offering. The legal artificial intelligence startup, which was recently valued at $15.5 billion, has held talks with lawyers at Latham & Watkins about going public, according to two people…
Startups Test the Waters With the 'AI Executive'
Good morning. Some scrappy startups are “employing” AI agents designed to fill senior roles at their companies, Patrick Coffee reports for the WSJ Leadership Institute. The title of vice president of marketing at SaaStr, an events…
Food delivery startup Wonder files for IPO as it explores its next big bite
Food delivery startup Wonder is moving closer to becoming a publicly traded company after confidentially filing for an initial public offering (IPO). The company announced the filing on Thursday, marking a major milestone following years of…
From Startup to Stand-Up: A Former Tech Founder Wanted to Pursue Comedy - So He Sold Shares in His Career
It was just like any other pitch to investors: justify the valuation, address the risks and make lots of impressive-looking pie charts and graphs. Except this time, Pete McEntegart wasn't raising money for a tech startup, he was selling shares of…
Hyderabad startup opens India's first private space debris recovery facility
Hyderabad-based startup Cosmoserve Space on Thursday unveiled ‘Base 1', touted as India's first private facility and only the sixth in the world equipped with space-vision systems and microgravity simulation capabilities for satellite…
From cancer to diabetes: Singapore biomedical startups expand into China to accelerate development of new treatments
GUANGZHOU: At a laboratory in Guangzhou, scientists are developing a new way to treat liver cancer by reprogramming the body's own immune cells to recognise and attack tumours. The method, developed by Singapore biotechnology firm Lion TCR, targets…
Introducing Emergent: The Founder-Generated Startup List
Identifying the most interesting early-stage startups is as much art as science, requiring a feel for the technology, the people, and the market opportunity when there aren't a lot of numbers. No one is better positioned to assess all of that than…
Meta buys AI coding startup Conductor as big tech races to lock in developers
Meta is acquiring AI coding startup Conductor, which lets developers control multiple AI coding agents at the same time. According to Axios, the acquisition is meant to strengthen Meta's AI developer products. Conductor CEO Charlie Holtz confirmed…
Autonomous combat drone maker Shield AI buys radar startup Echodyne for $5.3B - SiliconANGLE
Defense technology startup Shield AI Inc. said today it has agreed to buy the Bill Gates-backed radar startup Echodyne Inc. in a deal valued at $5.3 billion. The acquisition is intended to enhance Shield's autonomous drone warfighting capabilities…
Five9 buys contact center intelligence startup Level AI after posting narrow earnings beat - SiliconANGLE
Contact center company Five9 Inc. flexed its acquisitive muscles today as it announced a $325 million all-cash deal to buy an artificial intelligence-native rival called Level AI as it posted its third-quarter financial results. The deal is…
U.S. startup secures $9 million to scale production of 22.33%-efficient perovskite solar modules
US-based perovskite solar module manufacturer RadianX has secured $9 million in combined venture capital and project financing. The company plans to use the funding to scale up production of modules for connected devices, including sensors…
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