Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
AI Startup Collate Raises $95 Million To Automate Life Sciences Paperwork
In this week's edition of InnovationRx, we look at cancer breakthroughs from the ASCO conference, Clear's move into healthcare, Harrison.ai's U.S. expansion, and more. To get it in your inbox, subscribe here. Just 17 months after emerging from…
AI music startup Suno raises funding at $5.4 billion valuation
Suno said on Wednesday it has raised more than US$400 million (HK$3,120 million) in a funding round at a US$5.4 billion valuation, as the AI music startup looks to enhance its platform by creating new tools. SCROLL TO CONTINUE WITH CONTENT The…
Commentary: Why RPS is the most successful transportation startup ever
On Monday, FedEx Corp. spun-off its Freight division. What is left is the combined network of FedEx Express and FedEx Ground. It's an opportune time to remember that FedEx (NYSE: FDX) would be a distant third-place parcel carrier in the U.S. market…
Live Auction Startup Raises $26 Million in Funding
A London-based live auction startup, which uses AI to help match buyers with relevant streams, said it has secured $26 million in funding, as younger generations drive the adoption of live commerce. Tilt said in a statement on Tuesday that the…
Anthropic Funding Pushed Startup Investment To Near-Record Levels In May As Exit Market Reopened
May set the stage for a new phase for the startup market. While Anthropic 's $50 billion raise — the second-largest startup funding deal on record — pushed global startup investment to one of the highest monthly totals of all time…
Sitecore Snaps Up GEO Startup Scrunch for an Alleged $225M
The future of brands gets decided here. Join the industry's top marketers at Brandweek for the ideas, insights, and connections shaping what's next. Get your ticket. Sitecore, an enterprise content and digital experiences platform, has acquired…
Exclusive | Silicon Valley Stalwart Benchmark Breaks From Past, Embraces Mature Startups
Benchmark, one of Silicon Valley's older venture-capital firms known best for early-stage bets on Uber and Twitter, has raised two new funds and plans to expand into investments in more mature startups, according to people familiar with the matter.
This Weather Startup Is Beating the World's Top Forecaster. Here's Its Unlikely Secret Weapon.
A balloon startup out of Stanford now makes sharper weather forecasts than the European supercomputers that have ruled the field for decades, according to TechCrunch. WindBorne's newly released WeatherMesh-6 is more accurate than the European…
Exclusive | SNAP Payments Are Complicated for Grocers and Consumers. A Startup Wants to Help.
San Francisco payments startup Forage is bringing tech savvy to a market that few in Silicon Valley have been interested in: government food assistance. Fintech venture firm Mouro Capital led a $40 million Series B round for Forage at a $225…
I Didn't Build a Startup. I Bought Boring Businesses With Predictable Cash Flow - and It Paid Off in Ways I Never Expected.
Buying businesses in industries with recurring relationships, recurring revenue and dependable cash flow can create more stability and long-term opportunity that flashier startups often lack. When you use debt to purchase existing revenue streams…
This Startup CEO Works 7 Days a Week and Sleeps on a Mattress in the Office: 'Most Intense Workplace Culture in America
Corgi cofounder and CEO Nico Laqua has engineered an extreme, seven-days-a-week office-centered culture, including keeping a mattress at the office so he can sleep at work. He frames this intensity as a rational trade-off, saying he would rather…
Three Countries Own the Lithium Market. An MIT Startup Wants to Break Their Grip.
A new process for mining lithium-rich rock could slash costs and pollution—and decentralize global lithium production. Lithium mining is like a modern gold rush. The element is the main ingredient in batteries powering smartphones, electric…
Nscale has raised billions to power Europe's AI ambitions. Now the startup must prove the hype can survive reality
Sheryl Sandberg has a habit of joining tech firms before they become household names. She joined Google at roughly 250 employees and Facebook at 550. When Josh Payne set out to recruit her to the board of his AI infrastructure startup Nscale, it…
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Chennai Startup ePlane Lands NVIDIA Backing for AI-Driven Aircraft Certification
NVIDIA's growing focus on 'Physical AI' is beginning to extend beyond robotics and industrial automation into aerospace, with Indian electric vertical take-off and landing (eVTOL) startup ePlane emerging as one of the companies highlighted during…
3rd cohort of AIC T-Hub SpaceTech accelerator Orbit takes off with 13 startups
The third cohort of AIC T-Hub SpaceTech accelerator programme Orbit comprising 13 startups seeking to handhold the enterprises through multiple initiatives has been launched. The selected startups are engaged in building critical technologies…
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