Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Sam Altman-backed fusion startup Helion in talks with OpenAI
Fusion startup Helion is reportedly in talks to sell power to OpenAI. Both companies are backed by Sam Altman. The deal, which was reported by Axios, is in early stages, and it could guarantee OpenAI 12.5% of Helion's production — five…
Bengaluru food delivery startup Swish raises $38M, its third round in 18 months
Swish, a Bengaluru-based food delivery startup, has raised $38 million in a new funding round, as the 18-month-old company continues to draw investor interest for its 10-minute fresh food delivery service. The Series B round, led by Hara Global and…
Startup Gimlet Labs is solving the AI inference bottleneck in a surprisingly elegant way
Stanford adjunct professor and successfully exited founder Zain Asgar just raised an $80 million Series A for a startup that solve the AI inference bottleneck problem in an astute way. The round was led by Menlo Ventures. The company…
Sam Altman-backed fusion startup Helion in talks to sell power to OpenAI
OpenAI CEO Sam Altman is stepping down as board chair of the Helion — the fusion startup he backs — amid reported talks between the two companies. The deal, which was reported by Axios, is in early stages, and it could guarantee…
Lawyers hate timesheets. This startup wants to do them for you.
Tracking hours is part of how lawyers get paid. It's also the bane of the profession. A startup called PointOne wants to eliminate the most tedious part of a lawyer's job. It says its AI-powered platform passively tracks a lawyer's computer…
From GKS scholar to startup founder: Bangladeshi entrepreneur bridges 2 countries through shrimp waste
As Korea intensifies efforts to attract and retain global professionals, the Global Korea Scholarship (GKS) program plays an important role in bringing international students to the country. This is the second in an interview series that follows…
Industries dept wants Mohali's Kisan Chamber to set up 'Integrated Innovation and Startup Centre'
The Department of Industries and Commerce in Punjab has proposed to take over Kalkat Bhawan, also known as Kisan Chamber, in Mohali from the Department of Agriculture and Farmers Welfare to transform it into a world-class ‘Integrated…
Chip interconnect startup Kandou AI raises $225M in funding
Kandou AI Inc., a developer of copper-based interconnects for artificial intelligence chips, has raised $225 million in funding. Bloomberg reported today that the investment values the company at $400 million. The round was backed by Synopsys Inc.
Meta acqui-hires the co-founders of agentic AI startup Dreamer
Meta Platforms Inc. has just swooped on another acqui-hire, signing up the co-founders and personnel of an agentic artificial intelligence startup called Dreamer for an undisclosed price. Dreamer's team, which includes former Meta employee Hugo…
Delve halts demos, Insight Partners scrubs investment post amid 'fake compliance' allegations
Delve, a Y Combinator-backed compliance startup accused of fabricating certifications for its customers, has disabled the “book a demo” feature on its website. The controversy, detailed last week in a Substack post by an anonymous…
Venezuelan Startups Have a Blindspot: Cybersecurity | Caracas Chronicles
The “so hot right now” meme from Zoolander has found an unlikely avatar in Cashea. As Venezuela's preeminent Buy-Now-Pay-Later (BNPL) solution, Cashea isn't just a startup. It is a macroeconomic bellwether. By some estimates, its…
Startup Antithesis turns years of real-world chaos into hours of simulated mayhem-and key trading firms and crypto networks are paying close attention
Will Wilson wants to make sure the software running everything from your bank account to your favorite crypto exchange actually works—and his company Antithesis is rethinking how software has been tested for the last 80…
Pune-based startup KhetiBuddy sets foot in Europe via local partner
Pune-based startup firm KhetiBuddy Agritech Pvt Ltd has set foot in Europe through a local partner in France, even as it has enrolled clients in Canada, the company's CEO Vinay Nair said. “We have a few clients in Canada. We are based out of…
RIF event highlights Cyprus startup talent
The Research and Innovation Foundation (RIF) concluded the Future Founders Academy programme with a Demo Day event in Nicosia, showcasing the creativity and potential of emerging entrepreneurial teams. The event, held on March 21 at Inset, brought…
Multichip inference cloud startup Gimlet Labs receives $80M to solve one of AI's biggest bottlenecks
Gimlet Labs Inc. said today it has raised $80 million in early-stage funding to solve a bottleneck that's holding back artificial intelligence inference. The startup, which has raised $92 million in total, has created what's said to be the world's…
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