Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Space station startup Vast cuts 4% of employees
Space station startup Vast has cut 4% of its workforce as the new space race heats up. The startup, which is developing a commercial replacement for the International Space Station (ISS), fired 46 employees on Wednesday, Business Insider has…
KDEM's K-Combinator, an industry-led startup acceleration programme launched in Mangaluru
K-Combinator, a structured, industry-led startup acceleration program of the Karnataka Digital Economy Mission (KDEM) aimed at identifying, nurturing, and accelerating high-potential startups in the State, was launched here on Friday, under the…
AI data startup Micro1 reaches $500M gross run rate amid AI training boom
The near-bottomless demand for unique AI training data from top labs and corporations is driving a massive boom for a cohort of data-labeling startups. One of these fast-growing businesses is Micro1, a four-year-old startup that expanded its gross…
5 Interesting Startup Deals You May Have Missed: AI For Everything From Recycling To Breathing To Winning Construction Bids
This is a monthly column that runs down five interesting startup funding deals that may have flown under the radar. Check out our previous entry here. This month's installment of this column is all AI, though applications for the technology range…
Orbital data center startup Starcloud valued at $2.3 billion in latest funding
Aug 21: Starcloud, a startup building data centers in space, said on Friday it had raised $250 million at a $2.3 billion valuation, as it looks to expand AI infrastructure through orbital data centers. SpaceX's blockbuster IPO has rekindled…
Our AI startup is growing 40% a month helping financial advisers do what they love: giving advice
Before we built our current startup, we spent seven years building retail investment platforms that introduced millions of people to investing for the first time. Sharesies and Lightyear were highly regulated companies that now manage more than…
AICCI's startup summit significant initiative to take Thoothukudi to next level, says Minister Srinath
Fisheries Minister A. Srinath on Friday said the All India Chamber of Commerce and Industries (AICCI's) initiative to organise a major startup summit here was a significant effort to take Thoothukudi to the next level, noting that such summits were…
African defense tech startup reveals $52 million funding as it looks to take on Ukraine and US giants
Terra Industries is a Nigerian defense tech startup founded in 2024 by Nathan Nwachuku and Maxwell Maduka It has raised an incredible $52 million in seed funding, reportedly the largest ever by any African startup The core business of Terra…
Grand National of the future? Chinese startup unveils a robot horse
READ MORE: $150,000 has eerily human–like facial expressions and movement A Chinese startup has unveiled a huge 'cyber horse' robot that people can actually ride. The quadrupedal machine, which was revealed at the recent World Robot…
TiE Mangaluru to host first K-Combinator startup accelerator in Karnataka
TiE Mangaluru has been selected to host and drive the first K-Combinator initiative in Karnataka, according to Shyamprasad Hebbar, President of the TiE-Mangaluru chapter. Addressing media persons in Mangaluru on Friday, he said this marks the…
Plug and Play Cyprus unveils first 10-startup accelerator cohort
Plug and Play Cyprus has unveiled its first cohort of 10 startups, following the launch of its activities on the island in April as Cyprus continues to build momentum as an emerging technology and innovation hub. The Silicon Valley-based innovation…
The prediction markets are catching on with Wall Street interns
The summer intern hunched over their phone, surreptitiously typing away, might be doing one of two things: betting on a prediction market or managing an AI chatbot. Morgan Stanley's equity research team asked the firm's summer interns about both…
AI workload optimization startup Callosum raises $100M - SiliconANGLE
London-based artificial intelligence startup Callosum Ltd. today announced that it has raised $100 million in funding. Atomico led the seed investment with participation from Plural, DCVC, and the UK Sovereign AI Fund. The deal follows a $10.25…
CME CEO Spars With CFTC Chair About Prediction Market Oversight
The head of CME Group Inc. told the chairman of the Commodity Futures Trading Commission that the agency needed to do more to prevent manipulation on prediction markets as the trading startups grow into multibillion-dollar businesses. The…
Impatient Vs. Patient Capital: Funding Considerations For Founders
Richard Ceffalio, Managing Director at New Edge Advisors. Many entrepreneurs experience pressure from investors to get immediate results. Some investors want to get in, make a profit and exit quickly, placing pressure on leadership to meet earnings…
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