Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
These startups are building innovations that make life (and death) better
Founders Gabriel Sanchez (Enspectra Health) and Tom Harries (Earth Funeral) share what it takes to build in heavily regulated industries where “move fast and break things” simply won't work. In this episode of Build Mode, they reveal…
Trump Media merging with nuclear fusion startup in $6B deal
Trump Media, the parent company of Truth Social, on Thursday announced a merger with Tri Alpha Energy (TAE) Technologies, a nuclear fusion startup, in a deal valued at $6 billion. Together, the two companies are planning to create the…
Vibe-coding startup Lovable raises $330M at a $6.6B valuation
Swedish vibe coding startup Lovable has more than tripled its valuation in just five months. Stockholm-based Lovable on Thursday said it had raised $330 million in a Series B funding round that was led by CapitalG and Menlo Ventures, at a $6.6…
Gov't to Foster 10,000 Ventures, Startups in AI, Deep Tech in 5 Yrs.
The government will nurture ten-thousand ventures and startups in the field of artificial intelligence and deep tech in the next five years as the core pillar of the nation's growth strategy. The Ministry of SMEs and Startups and other ministries…
Nuclear Startup Blykalla Raises $50 Million for Small Reactor
Swedish nuclear startup Blykalla AB has raised $50 million of fresh capital to accelerate its work on a small modular reactor that could help power data centers and other facilities. The round was co-led by its US peer Oklo Inc., Sweden's Norrsken…
US startup building radical 'flying wing' plane reveals first airline customer
Another airline is placing bets on the radical 'flying wing' plane that industry professionals foresee as the future of commercial aviation. California startup Natilus announced Wednesday that Indian carrier SpiceJet will order up to 100 of its new…
AI Startup Edison Raises $70 Million to Speed Up Scientific Research
A startup building artificial intelligence software to speed up and automate scientific research has raised $70 million in a new funding round, the latest sign of investor enthusiasm for using AI in the sciences. The financing for Edison…
How a Former NASA Engineer Grew His Startup to $100M Revenue
Adam Markowitz is the co-founder of Drata, a startup that automates compliance processes for 8,000 clients. The startup reached $100 million in annual revenue in three and a half years. Markowitz said the startup achieved…
Exclusive: AI Insurance Startup Nirvana Nearly Doubles Valuation To $1.5B with $100M Series D
Nirvana Insurance, an AI-based commercial insurance platform for the trucking industry, has raised a $100 million Series D round at a $1.5 billion valuation, it tells Crunchbase News exclusively. The raise comes just over nine months after the…
Meta's Yann LeCun targets $3.5 billion valuation for new AI startup, FT reports
Dec 18 (Reuters) - Meta's outgoing chief artificial intelligence scientist Yann LeCun is holding early talks to raise 500 million euros ($586.00 million) for a new startup that would value the AI firm at about 3 billion euros ahead of its official…
Salient's quiet AI boom: How this two-year old startup is building a company to survive the bubble burst
Ari Malik doesn't spend much time worrying about AI hype cycles. While Silicon Valley debated the philosophy of artificial general intelligence, Malik was building something far more sustainable, prosaic—and profitable—from his…
Meta's chief AI scientist LeCun looking to raise €500M for new startup: report (META:NASDAQ)
Meta Platforms' (META) chief AI scientist Yann LeCun is looking to raise €500M for his new startup that will focus on “world models,” the Financial Times reported. The €500M capital raise would value the company —…
This U.K. startup's AI platform could slash the cost of CAR-T therapy and other cell-based medicines
CellVoyant, a U.K.-based startup, has launched an AI platform that allows scientists to predict the future health and performance of human cells based on their appearance in microscope images—a breakthrough that could sharply reduce the cost…
Exclusive: Notion Capital leads $20 million seed round for startup automating building MEP design
When architects design a commercial building, they usually turn the design over to a specialized consulting firm to plan the heating and air conditioning, mechanical, electrical, and plumbing systems. Those consultants have for some time used…
EDITORIAL: Startups offer hope on critical rare-earth materials
U.S. officials from across the political spectrum vow to ramp up efforts to wean the nation off rare-earth mineral imports from China. But the most promising path isn't central planning or a federal industrial policy, but a reliance on the…
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