Startup

Donald Trump Jr. is joining prediction-market startup Kalshi as a strategic adviser; CFTC called Kalshi “an online casino” in a December filing (www.wsj.com)
2025-1-14 Trump Startup CFTC

An interview with Arkady Volozh, CEO of Nebius, formerly Yandex NV, on selling Yandex's Russian business in 2024, competing with US AI startups, and more (www.bloomberg.com)
2025-1-12 Russia Interview Startup AI

Israeli cybersecurity startup Wiz names veteran exec Fazal Merchant as president and CFO to prepare for a US IPO; sources: Wiz has annual revenues of ~$500M (www.reuters.com)
2025-1-10 Israel IPO Startup

Sources: Eric Schmidt is working on an AI startup called Hooglee, which describes its mission as “democratizing video creation with AI” (www.forbes.com)
2025-1-9 Startup AI

Istanbul-based gaming startup Grand Games, maker of Magic Sort and Car Match, raised a $30M Series A led by Balderton, after securing a $3M seed in 2024 (techcrunch.com)
2025-1-9 Startup

Source: Flipkart hires Kabeer Biswas, co-founder of Dunzo, an Indian delivery startup that raised $500M+, to lead its quick commerce business, Flipkart Minutes (techcrunch.com)
2025-1-9 India Startup

Niklas Zennström says European startups can thrive by developing apps for US-based AI platforms and believes pessimism about European startups is exaggerated (t.co)
2025-1-9 Europe Startup AI

Dublin-based payments startup NomuPay, formed in 2023 from some of Wirecard's regional payment licenses, raised a $37M Series B at a $200M valuation (techcrunch.com)
2025-1-8 Startup

Global venture funding rose 3% YoY to ~$314B in 2024; venture funding to US companies totaled $178B, out of which $90B was invested in Bay Area startups (news.crunchbase.com)
2025-1-8 Startup

Atlanta-based HR and payroll software startup OnPay raised a $63M Series B led by Carrick Capital Partners, taking its total raised to $165M+ in equity and debt (techcrunch.com)
2025-1-8 Startup Equity

AI Startup Anthropic Raising Funding Valuing it at $60 Billion (slashdot.org)
2025-1-8 Startup AI

PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019 (www.bloomberg.com)
2025-1-7 Startup AI

PitchBook: AI startups developing medical note-taking apps raised $800M in 2024, compared to $390M in 2023, as Microsoft and others compete for market share (t.co)
2025-1-6 Microsoft Startup AI

Sources: Reliance writes off its $200M investment in Bengaluru-based hyperlocal delivery startup Dunzo, as CEO Kabeer Biswas looks to sell Dunzo for $25M-$30M (inc42.com)
2025-1-5 Startup

Inside the fall and last-minute revival of accounting startup Bench, which struggled with implementing automation tools and faced tumult in its executive suite (techcrunch.com)
2025-1-5 Startup

Filing: Dara Khosrowshahi resigns from self-driving truck startup Aurora's board, to focus on his job as Uber CEO and reduce external board commitments (techcrunch.com)
2025-1-4 Uber Startup

PitchBook: generative AI companies worldwide raised $56B from VCs in 2024 across 885 deals, up 192% from 2023, with startups outside the US raising just $6.2B (techcrunch.com)
2025-1-4 Startup AI

Paris is vying with London as Europe's top AI hotspot, with 34 of the 40 best-performing startups at the Station F incubator in 2024 focused on AI (t.co)
2025-1-3 Europe Startup AI London Paris

PitchBook: the number of VCs investing in US startups fell from a peak of 8,315 in 2021 to 6,175 in 2024; 9 firms raised 50%+ of the $71B raised by VCs in 2024 (t.co)
2025-1-2 Startup

The US DOJ files a complaint and announces a civil enforcement action against fintech startup Dave and CEO Jason Wilk, replacing an FTC complaint from November (www.reuters.com)
2024-12-31 Fintech Startup

Source: accounting startup Bench, which had raised $100M+ and abruptly shut down last week, will be acquired by Employer.com for an undisclosed price (techcrunch.com)
2024-12-31 Startup

Bookkeeping startup Bench, which raised $100M+ including from Shopify, closes down effective immediately; several employees say Bench also laid off staff (www.theinformation.com)
2024-12-28 Startup Shopify

A look at OpenAI's interest in humanoid robots, from investing in startups like Figure and Physical Intelligence to, sources say, considering making one itself (www.theinformation.com)
2024-12-25 Startup Robot Intelligence

Shuttered Electric Air Taxi Startup Lilium May Be Saved After All (slashdot.org)
2024-12-25 Startup

Balderton Capital and Dealroom: European AI startups attracted 25% of the region's VC funding, or ~$13.7B, in 2024, compared to 15% in 2020 (techcrunch.com)
2024-12-24 Europe Startup AI

Electric Aircraft Startup Lilium Ceases Operations, 1,000 Workers Laid Off (tech.slashdot.org)
2024-12-24 Startup

Preqin data: Southeast Asia's AI startups raised just $1.7B across 122 deals so far in 2024, out of ~$20B across 1,845 deals for the whole Asia-Pacific region (www.bloomberg.com)
2024-12-22 Asia Startup AI Southeast Asia

Startup Set To Brick $800 Kids Robot Is Trying To Open Source It First (hardware.slashdot.org)
2024-12-21 Startup Robot Open Source

Sensor Tower: Indian quick commerce startup Zepto had 31M MAUs in Nov. 2024, up from 6M in May 2022; Blinkit had 30M MAUs in Nov. 2024, up from 28M in May 2022 (indiadispatch.com)
2024-12-21 India Startup Sensor

Sam Altman says Elon Musk is “clearly a bully” who is suing OpenAI because the startup is doing really well and calls the lawsuits “a little bit of a sideshow” (fortune.com)
2024-12-21 Startup Elon Musk

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