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 startups seek insurance for orbital AI data centers
By Akash Sriram and Jemima Denham NEW YORK/LONDON, June 18 (Reuters) - Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon Musk's SpaceX…
Thai startups pitch to Korean investors at Seoul-Thailand Startup Innovation Space
The Thai Embassy hosted the inaugural Seoul-Thailand Startup Innovation Space (STSiS) at the ambassador's residence in Korea, Wednesday, bringing together Thai startup founders, Korean investors and accelerators to explore new opportunities for…
Sebastian Kurz went from Austria's youngest chancellor to building a $3 billion AI cybersecurity startup
Sebastian Kurz once worked out of Austria's chancellery on Vienna's Ballhausplatz, an imposing government building that resembles a Baroque palace. Today, he welcomes visitors to a sleek glass office tower that blends seamlessly into Tel Aviv's…
AI Startup Midjourney Pivots to Health With Ultrasound Machine
AI startup Midjourney Inc. announced its first hardware project at an event in San Francisco, outlining an unexpected move into the personal health and medical industries. Chief Executive Officer David Holz revealed what he described as a…
Exclusive | The $13 Billion AI Startup Betting on Cheaper Alternatives to OpenAI, Anthropic
Tech executives have touted this as the year in which inference —the process by which AI models use computing firepower to respond to queries—will eat up the entire AI industry. That is starting to bear fruit. Baseten, which…
Space startups seek insurance for orbital AI data centers
(Reuters) — Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon Musk's SpaceX and Jeff Bezos' Blue Origin. The concept of data center…
Chinese startup Spark Space tests engine, raises funds for electric-pump rocket
PADUA, Italy — Chinese startup Spark Space has secured a series of funding rounds for what it claims will be the world's largest electric-pump-fed rocket, following engine tests. Spark Space, established in 2024 and based in the city of…
Who Was Joshua Baer? Austin Startup Champion and Tech Millionaire Dies in Texas Plane Crash
Joshua Baer, one of the most influential figures in Austin's startup ecosystem and the founder of Capital Factory, has died after a private jet crashed during an attempted emergency landing in Laredo, Texas. He was 50. Baer was among six people…
Rep. Moulton holds stakes in defense-linked startups overseen by his committee
U.S. Rep. Seth Moulton has amassed holdings worth at least $1 million in startups tied to the defense sector while serving on the House Armed Services Committee. Those private investments — not available to average investors — have…
Must Read: Etsy Launches 'Shop Other Jeffs' Campaign Ahead of Prime Day, L'Oréal to Acquire Indian Beauty Startup Innovist
These are the stories making headlines in fashion on Thursday. Ahead of Amazon's Prime Day sales event, Etsy launched a marketing campaign titled “ Shop Other Jeffs,” which spotlights non-billionaire Etsy sellers named Jeff. The…
IBC Show to Increase Focus on Networking, Startups
This week organizers for the annual IBC Show offered a preview of its plans for the upcoming annual event, Sept. 11-14 at the RAI Amsterdam. IBC President Mike Crimp said the show will increase its emphasis on networking opportunities both at the…
Energy startup founders pitch new technologies in Tulsa
TULSA, Okla. — Energy startups from around the country gathered in Tulsa to pitch new technologies to industry leaders through Rose Rock Bridge, a venture of Tulsa Innovation Labs. Rose Rock Bridge has selected 15 companies for the six-week…
Construction-tech startup SubBase raises $7M Series A
Eric Helitzer spent more than a decade in the construction and development industry as a senior project manager and project engineer, getting a front line view of how business was often done. Contractors would manage millions of dollars in…
Inside MOBY Robotics, the Miami startup rethinking how we get critical minerals
The world needs critical minerals more than ever, but almost every way we get them today inflicts real damage. MOBY Robotics thinks there is a better source sitting untouched on the deep ocean floor, waiting to be picked up rather than extracted…
Startup pioneers early-stage ticker reservation model aimed at reviving the public-company mindset
A venture-backed startup is introducing a new milestone to the startup playbook: reserving a stock ticker symbol years before an initial public offering. Ornn AI Inc., a company focused on bringing transparency to artificial intelligence compute…
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