Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The Startup Behind The Pill For Sleep Apnea Raises $192 Million In IPO
E ven before it gets approval for its sleep apnea pill, Apnimed is testing investor appetite. The Cambridge, Mass.-based biotech priced its shares at $16 to raise $192 million in an upsized IPO that would value the company at more than $600…
When will fusion power startup Commonwealth Fusion Systems go public?
Commonwealth Fusion Systems (CFS) is the best funded fusion power startup, having raised $4 billion from investors over the last seven years, including the $1 billion the company has raised now. Now, developments at CFS, plus rumblings from…
Startup Founder Apologizes After Offering Interviews to People Who Got Tattoos
“I messed up,” LemonLime co-founder Jordan Zietz wrote on X Thursday, addressing backlash after his AI startup offered job interviews to people who got tattooed at a company party. LemonLime is a San Francisco startup founded this…
Alexandr Wang: startups are now in a 'Goliath versus Goliath' fight
It's never been easier to take on the big guys, says Alexandr Wang. At a talk at a Y Combinator event, the Scale AI founder, who now leads Meta's Superintelligence Labs, said that AI has been a game changer for startups. 'It's probably a once in a…
Huel Investor Highland Europe Raises €1.1 Billion Startup Fund
Venture capital firm Highland Europe has raised a €1.1 billion ($1.2 billion) new fund, cementing it as one of the continent's largest startup investors during an industry liquidity crisis. It's the sixth fund for the firm, which has offices…
An AI startup's tattoo-for-an-interview stunt set off a Silicon Valley backlash. Now the founder is apologizing.
Tattoos, company logos, and deleted apologies — oh my. A Y Combinator-backed startup founder is in hot water after saying his company would offer job interviews to anyone who got a tattoo of its logo at a party in San Francisco last weekend.
Synthetic-user startup Simile raises $200M at $2B valuation 5 months after $100M Series A
Add another member to the fast-and-furious AI unicorn club: Simile. Just five months after emerging from stealth and announcing a $100 million Series A led by Index Ventures, it has closed a $200 million Series B at a $2 billion valuation, the…
An SF startup founder offered tattoos for interviews. 7 took the bait.
It's a particularly dismal time for a job hunt, especially in the layoff-ridden tech industry, and one San Francisco startup is getting flak online for a controversial hiring stunt meant to find committed talent. LemonLime, a Y Combinator-backed…
Startups That Monitor Patients Remotely Face a Shake-Up
Startups that provide remote-patient monitoring services are looking for ways to revamp their business in response to a proposed Medicare shift that would upend their industry. Remote monitoring uses connected devices, such as blood-pressure cuffs…
This ex-Y Combinator lawyer thinks startups are overpaying for legal work - and he's got a plan
Attorney Mitch Duncombe spent years inside Y Combinator, the tech world's startup factory, helping founders raise money. He also watched them hand a lot of it straight to their lawyers. Now he is trying to build a cheaper way for startups to get…
Battery Startup Raises $550 Million Amid Boom in AI Data Centers
Battery storage startup Antora Energy raised $550 million to expand production of its thermal batteries, which can help heavy industry and data centers lower costs and run on renewable energy. The Series C funding, co-led earlier this month by…
Battery Storage Startup Antora Closes $550M Series C In One Of Year's Largest Cleantech Rounds
Antora Energy, a company that provides energy through thermal batteries to data centers, announced Thursday that it has raised $550 million in a Series C funding round. G2 Venture Partners and Eclipse co-led the financing, which included…
A Y-Combinator startup offered job interviews in exchange for getting a tattoo-because they want employees 'just as crazy as we are
The job market may feel more crowded than ever, but how far would candidates go to set themselves apart? One startup put that to the test, challenging hopeful candidates to get a permanent tattoo in exchange for a guaranteed interview. Y Combinator…
This startup just raised nearly $500 million to build nuclear reactors for the US military
Antares closes $470 million Series C, $370 million in equity and $100 million in debt, co-led by Paradigm and Caffeinated Capital The move follows the Mark-0 reaching criticality at Idaho National Laboratory and helps fund an electricity-producing…
Tech startup boss faces humiliating new low after apologizing for cringe stunt
Some companies want a cover letter. This one wants body art. The boss of an AI startup is eating crow after a jaw-dropping hiring gimmick blew up in his face—offering job seekers an instant interview if they permanently branded themselves…
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