Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Supporting startups that are shaping the future of energy
Global annual electricity demand is expected to be 50% higher over the next five years compared to the past decade, driven by a new era of manufacturing, electrification and digital infrastructure. This presents a massive opportunity for smarter…
Geothermal startup Fervo Energy to raise up to $1.3B in IPO
Geothermal startup Fervo Energy said Monday it hopes to raise up to $1.3 billion in its initial public offering. The company would be valued at up to $6.5 billion if shares sell at the top of its $21 to $24 price target. That's more than twice what…
Startup Says It's Invented a Beanie That Reads Your Mind
Can't-miss innovations from the bleeding edge of science and tech If you thought AI-integrated smart glasses were bad, wait until you get a load of Sabi, a Palo Alto-based startup working on a beanie it says will probe your actual brain signals.
Data centers are breaking the electric grid. Meet the $6 billion startup and its visionary CEO solving the problem
Redwood's strategy reflects Straubel's history of pursuing ideas in energy and transportation that initially seemed early, but later became essential. As a student at Stanford University in the 1990s, where he designed his own major in energy…
Stablecoin startup Rain is worth $1.95 billion and plans to issue cards with Mastercard in a push to woo institutional customers
The buzzy stablecoin startup Rain is now working with the two largest card networks. The company announced on Monday that it was offering credit and prepaid cards with Mastercard. Rain previously only worked with Visa to issue cards. Rain also said…
This Is Fine' Creator Says AI Startup Stole His Meme for Subway Ads
KC Green created 'This Is Fine' in 2013 for his webcomic Gunshow. A cartoon dog sits smiling in a burning room and declares everything is fine. If you've spent any amount of time on the internet over the last decade, you've no doubt seen the meme.
AI agent startup Sierra valued at $15B in new $950M funding round
Eight months after closing a $350 million funding round, Sierra Technologies Inc. today announced that it has raised an additional $950 million at a $15 billion valuation. Alphabet Inc.'s GV venture capital arm and Tiger Global led the investment.
TVK - the rare 'political startup' that turned 'unicorn' instantly
The stunning electoral debut of actor-turned politician Vijay's TVK, which is the front-runner to form the government in Tamil Nadu, has put the spotlight on political 'startups', very few of which turned 'unicorns' instantly. Tamilaga Vettri…
Israeli startup BridgeWise teams with Elon Musk's X
Israeli startup BridgeWise, which deploys AI to analyze financial data and make it accessible, has signed a strategic cooperation agreement with Elon Musk's X (formerly Twitter), which is the world's biggest financial conversation platform. As part…
Cyprus moves up the startup value chain
Cyprus is entering a new phase in its startup evolution. Two global platforms are now establishing a presence on the island. Each targets a different stage of company building. Together, they signal a structural shift in how the local ecosystem…
Startup Touting New HVAC Technology Raises $10 Million
CAMBRIDGE, United Kingdom — Barocal Ltd., a Cambridge University spinoff working to commercialize efficient, refrigerant-gas-free cooling and heating technology, has raised $10 million in a seed round to accelerate development and scale its…
SAP agrees to acquire German AI startup Prior Labs
German software titan SAP has agreed to acquire Freiburg-based Prior Labs, which develops tabular foundation models designed to analyse business data in tables and spreadsheets, for an undisclosed sum. The startup will continue to operate…
The crypto industry is obsessed with conferences. The vibe at them is changing
The never-ending cycle of crypto conferences continues this week with the latest installment of Consensus getting underway in Miami. You can argue the industry would be better off if its biggest players spent more time building and shipping than…
Amex GBT Said to Near Sale to General Catalyst-, Alpha Wave-Backed Long Lake
A startup backed by General Catalyst Partners is in advanced talks to acquire Global Business Travel Group Inc., the travel platform spun out of American Express Co., according to people familiar with the matter. A deal between the buyer, Long Lake…
Exclusive: Barocal can cool your food and drink by squeezing a hunk of plastic crystals
Refrigerators today run on the same basic technology as they did more than 100 years ago. You'd think we could have come up with something better by now. And we have, but nothing has been able to dethrone cheap, reliable vapor compression —…
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