Startup

Mercury, which helps startups manage their finances, raised $300M led by Sequoia at a $3.5B valuation; the fintech saw $2B in deposits after SVB's collapse (www.wsj.com)
2025-3-27 Fintech Startup

Chinese AI startup SenseTime reports FY 2024 revenue up 11% YoY to ~$524M, below ~$620M est., and a ~$592M net loss, above ~$551M est., as the AI race heats up (www.bloomberg.com)
2025-3-27 China Startup AI

AI startup Synthesia says it's creating a $1M stock pool to pay actors with equity for the use of their likeness, a first for the AI industry (www.ft.com)
2025-3-26 Startup AI Equity

Chinese AI startups revamp business models after DeepSeek's rise; sources: Zhipu eyes IPO, 01.ai drops pre-training LLMs to sell apps using DeepSeek, and more (t.co)
2025-3-25 China IPO Startup AI

Sources say that 11x, an AI-powered sales automation startup backed by a16z and Benchmark, has been misrepresenting its customer base and financial performance (techcrunch.com)
2025-3-25 Startup AI

Sources: Onavo co-founder Roi Tiger is closing a $55M Series A led by Greenoaks for his stealth cybersecurity startup at a valuation in the hundreds of millions (www.businessinsider.com)
2025-3-25 Startup

Sources: quantum computing startup PsiQuantum is raising at least $750M led by BlackRock at a $6B pre-money valuation (www.reuters.com)
2025-3-25 Startup Quantum

Berlin-based workflow automation startup n8n raised a €55M Series B, sources say on a valuation of ~€250M, and says it has 3K+ enterprise customers (techcrunch.com)
2025-3-25 Germany Startup

CB Insights: Q1 2025 had 11 startup sales worth $1B+ or more, totaling a record $54.5B, up from two acquisitions worth $1B+ in Q1 2024, totaling $3.2B (www.bloomberg.com)
2025-3-24 Startup

An off-Broadway theater in New York is offering AI-powered live translations in 60 languages to attract new audiences, using AI tech from startup Worldly (www.semafor.com)
2025-3-24 Startup AI New York

Source: South Korean chip startup FuriosaAI rejected an $800M takeover offer from Meta, opting to grow independently instead (www.bloomberg.com)
2025-3-24 Korea Startup

OpenAI-backed startup to begin in-home tests of humanoid robot, Neo Gamma (indianexpress.com)
2025-3-23 Startup Robot

Augment, a startup founded by Deliverr co-founder Harish Abbott and whose AI assistant can automate routine tasks in logistics, raised a $25M seed from 8VC (www.freightwaves.com)
2025-3-23 Startup AI Logistics

A profile of Jed McCaleb, the billionaire who was behind Mt. Gox and XRP, as his aerospace startup Vast looks to build a private space station with SpaceX (www.bloomberg.com)
2025-3-22 Startup SpaceX XRP

A look at Chinese AI startup Manycore, which develops spatial design software, has filed for a Hong Kong IPO, and reported a $58.3M loss from Q1 to Q3 2024 (www.bloomberg.com)
2025-3-21 China Hong Kong IPO Startup AI

AI startups Intology and Autoscience submitted AI-generated studies at a conference without disclosure and face criticism of co-opting peer review for publicity (techcrunch.com)
2025-3-20 Startup AI

Microsoft partners with Swiss startup Inait to deploy an AI model that simulates mammal brain reasoning to advance fields like financial trading and robotics (t.co)
2025-3-19 Microsoft Startup AI Robot Switzerland

Sources: Indian edtech unicorn PhysicsWallah confidentially filed draft papers for a ₹4,600-crore IPO; the startup was valued at $2.8B in September 2024 (www.moneycontrol.com)
2025-3-19 India IPO Startup

AI coding assistant startup Graphite, now used by tens of thousands of staff at 500+ companies, raised an Accel-led $52M Series B; its revenue grew 20x in 2024 (techcrunch.com)
2025-3-19 Startup AI

Alphabet to buy cybersecurity startup Wiz for $32 billion (indianexpress.com)
2025-3-19 Startup Alphabet

Sources: Alphabet has agreed to buy cybersecurity startup Wiz for at least $32B and will announce the deal today, after talks over a $23B deal failed in 2024 (t.co)
2025-3-18 Startup Alphabet

Software Startup Rippling Sues Competitor Deel, Claiming a Spy Carried Out 'Corporate Espionage' (tech.slashdot.org)
2025-3-18 Startup

Source: Liam Fedus, VP of research in charge of post-training at OpenAI, is leaving the company to found a startup focused on using AI to discover new materials (www.theinformation.com)
2025-3-18 Startup AI

Sources: Alphabet is in advanced talks to acquire cybersecurity startup Wiz for ~$30B; Alphabet was close to a $23B deal for Wiz last summer before talks ended (www.wsj.com)
2025-3-18 Startup Alphabet

Crusoe, a startup helping build the first data center for Stargate, says it secured a deal with a gas turbine owner to generate 4.5 gigawatts of energy by 2027 (www.theinformation.com)
2025-3-17 Energy Startup

Startup Claims Its Upcoming (RISC-V ISA) Zeus GPU is 10X Faster Than Nvidia's RTX 5090 (hardware.slashdot.org)
2025-3-17 Startup Nvidia

The hype around AI agent Manus doesn't represent a second DeepSeek moment, but reveals that Chinese startups can compete with AI product companies in the US (www.bloomberg.com)
2025-3-16 China Startup AI

Google and other companies are considering bringing back in-person job interviews, as some startups sell AI tools that let engineers cheat in virtual interviews (www.cnbc.com)
2025-3-16 Google Startup AI

Nashville-based 360 Privacy, an identity and risk management startup protecting enterprises and high net-worth people from online threats, raised $36M from FTV (www.securityweek.com)
2025-3-15 Startup

A look at some standout startups from YC's W25 Demo Day, which showcased 160 companies, including several creating tools to enhance other companies' AI agents (techcrunch.com)
2025-3-15 Startup AI

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