Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Startups Are Still Acquiring Startups, Led By Ultra-High-Valuation Unicorns
For a startup, selling to another startup isn't the classic exit strategy. However, data shows it is a common path, especially as of late with the rise of deep-pocketed, ultra-high-valuation unicorns. So far this year, more than 500 seed- or…
Meet The $3 Billion Chinese Startup Solving Elon Musk's Robotic Hands Problem
T he lobby of Chinese robotics firm Linkerbot's headquarters doubles as a waiting area and display room, with rows of robotic hands developed by the Beijing firm taking up half the space. Some are mounted on robotic arms to demonstrate their…
US nutrition startup Berry Street merges with India's Healthify as GLP-1 trends upwards
U.S. nutrition startup Berry Street said on Monday it has merged with Khosla Ventures-backed Indian startup Healthify to bank on the popular trend of people turning to GLP-1 drugs to lose weight. The companies didn't disclose the financial details…
Hong Kong serves as the premier springboard for mainland startups and unicorns: John Lee
Hong Kong serves as the premier springboard and strategic pivot for global supply chain deployment for mainland startups and unicorns to expand into internation market, Chief Executive John Lee Ka-chiu said on Monday. SCROLL TO CONTINUE WITH…
Seoul seeks startups to bring temple stays and Korean medicine to global tourists
Seoul is looking for startups that can turn centuries-old Korean experiences, from temple food and meditation to traditional medicine, into easier and more personalized journeys for international visitors. The Seoul Metropolitan Government said…
The CEO of the unicorn AI accounting startup, Rillet, says AI is changing who consulting firms hire
For years, upgrading the software companies use for bookkeeping consumed a consultant's entire job. 'It's no fun being a consultant implementing your third instance of Oracle Fusion and having three years of your life basically go by in a blink of…
Harvard's $699 startup bootcamp has professors who never sleep-but that's because they're AI clones
The newest Harvard Business School professor never sleeps, can hear the same pitch 50 times and technically isn't an instructor at all. The school is now putting AI versions of its faculty to work in a $699 online startup bootcamp, where aspiring…
India's space startups are taking off. But can they scale?
BENGALURU: When Skyroot Aerospace's Vikram-1 lifted off on Jul 18, it marked a historic breakthrough for India's commercial space industry. India is now the third country, after the United States and China, capable of orbital launches through a…
Pune Inc | Couple's startup finds way to reuse hard-to-recycle multi-layered plastic
A few seemingly unrelated items were arranged on a table at a recent showcase of startup innovations at the National Chemicals Laboratory in Pune. On one side were packets crammed with medicine wrappers and food packets, among other things. At the…
We Have So Much Money Coming In': This Startup Has Already Sold More Than 200,000 Units of an Unexpectedly Popular Product
Pocket sells a $199 AI voice recorder that transcribes and summarizes conversations. The startup launched the product eight months ago and has already sold more than 200,000 devices. It reached a $100 million run rate and projects a $1 billion run…
Lady Gaga's tech bro fiancée launches weird new startup with a skin-crawling touch
Lady Gaga's techie fiancée Michael Polansky has quietly launched a buzzy startup that harvests human skin left over from plastic surgery to help develop super-advanced cosmetic products. Polansky, the 42-year old entrepreneur and Harvard…
Robotics AI startup Generalist reportedly raises $200M - SiliconANGLE
Generalist AI Inc., a startup that develops artificial intelligence software for robots, has reportedly raised $200 million in funding. Axios today cited a source as saying that 8VC led the investment. It was reportedly joined by a number of…
Chip software automation startup Embedd raises $2.7M - SiliconANGLE
Physical artificial intelligence chip infrastructure startup Embedd Ltd. says it's ready to fix one of the most critical bottlenecks in the multibillion-dollar robotics industry after raising $2.7 million in a pre-seed round of funding. Today's…
South Korean startup platform breach exposes key management failures
In July, South Korea's government-backed startup support platform, Modu-ui Changup (모두의창업), suffered a data breach. The incident later revealed a critical encryption key management failure, demonstrating how…
Israeli AI Startup Decart Nears $7 Billion Sale to Anthropic
An Israeli artificial intelligence startup that was valued at about $4 billion only three months ago is now reportedly on the verge of being acquired for roughly $7 billion by Anthropic, the American company behind the Claude AI chatbot. The…
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