Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Defense Startup: AI Turns 2 Months Of Engineering Into 20 Minutes
Atlas Motion makes motors and actuators for drones and robots, and just raised $11.5 million. Drone and robot motor startup Atlas Motion is emerging from stealth today with $11.5 million in funding and an astonishing claim: it can design new…
CME, FanDuel Venture Falters As Prediction Startups Race Ahead
CME Group Inc. and FanDuel are scaling back a joint effort to take on prediction market startups after failing to gain traction in a booming industry that has quickly come to represent a threat to both Wall Street exchanges and traditional…
A startup that places ads for brands like Best Buy and Target in AI platforms raised $30.5 million
Zach Oldham, cofounder of the adtech startup Gravity, thinks AI ads will eventually become the world's largest advertising channel. His company just secured fresh funds to pursue the opportunity he sees in both ads designed to appeal to humans on…
Travis Kalanick's robotics startup Atoms taps former Uber finance chief as CFO
Another former Uber executive is joining Travis Kalanick's robotics and industrial AI startup Atoms, just a few weeks after it raised $1.7 billion. Gautam Gupta, the former finance chief under Kalanick, said in social media posts on Wednesday that…
This YC startup raised $5 million for a personal assistant to help you stay on top of your text messages
It's hard to be a good texter these days. Between the default texting services and inboxes galore — WhatsApp, Instagram, email, you name it — messages are bound to fall through the cracks. Pally, a Y-Combinator startup that launched…
Wool is a Tale as Old as Time. This Startup Wants To Tell It.
When the founder behind a proposed digital passport for wool attended India's largest global textile trade called Bharat Tex, she received so many queries she was almost overwhelmed. “My inbox is inundated with manufacturers, wool buyers…
Northwood Space's Bridgit Mendler on the next chapter for space startups
In 2002—the year Elon Musk founded SpaceX—the notion of a space startup was far-fetched at best, a doomed wild goose chase at worst. Now, SpaceX is a public company with a trillion-plus market cap that just reported its first…
Family offices back clean energy and sustainability startups in July as dealmaking holds steady
Private investment firms of the ultrawealthy made 57 direct investments in companies in July, per Fintrx. Clean energy and sustainability startups made up more than 15% of investments, with backers including billionaires John Doerr, Lukas Walton…
Jack Ma made a $30 million bet on one of San Francisco's hottest AI startups
Chinese billionaire Jack Ma's private equity firm secretly led the latest funding round for Corgi, marking the first time the firm is known to have invested in a startup founded in the US. Yunfeng Capital, co-founded by Jack Ma and businessman…
US microreactor startup Valar Atomics raises $1B
Valar Atomics, a three-year-old microreactor developer that has a forged a close relationship with the Trump administration, has raised $1 billion in its Series B funding round as investors increasingly bet that the White House's overhaul of…
Rejected By 100 Investors, CEO Built A $4 Billion AI Startup Before ChatGPT Boom
Victor Riparbelli was almost too early to the AI era. Years before ChatGPT sparked the global artificial intelligence boom, one entrepreneur was already convinced that AI-generated video would transform business communication. Few investors shared…
Chinese launch startup Orienspace targets IPO, secures funding for reusable Gravity-2 rocket
HELSINKI — Commercial launch company Orienspace has kicked off preparations for an IPO coaching process while closing a funding round for accelerating its reusable Gravity-2 rocket. The Shandong-based company, formally known as Orienspace…
What is Discovery Loop, AI startup launched by Google DeepMind's top researchers?
6 min read New Delhi Make us preferred source on Google Jeff Dean, the chief scientist at Google DeepMind, is leaving the company to launch a new AI startup called Discovery Loop, along with three other top-tier Google AI researchers. Having worked…
We had to completely rethink how we build pickups': Inside the $28,350 Ford Fathom truck's bold bet against low-cost EV startups
Western legacy automakers are facing a lot of pressure. Overseas, EV makers are churning out high-tech electric vehicles faster and cheaper than ever. Back home, startups like Slate Auto are grabbing attention with stripped-down $25,000 electric…
Amazon's Stake in Anthropic Could Be Worth Over $200 Billion if the AI Startup's Reported IPO Valuation Holds. Should Amazon Investors Care?
Anthropic, one of the world's fastest-growing AI companies, plans to go public in October. It was valued at $965 billion after its latest funding round in May, and it's reportedly targeting an IPO valuation of at least $1 trillion. That means…
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