Startup

OpenAI buys Rockset, an enterprise search and analytics startup that raised $105M, integrating both the tech and staff of an acquisition for the first time (www.bloomberg.com)
2024-6-22 Startup

Indian grocery delivery startup Zepto raised $665M Series F co-led by Glade Brook, Nexus, and StepStone Group at a $3.6B valuation, up from $1.4B in August 2023 (techcrunch.com)
2024-6-21 India Startup

Kenya ends a year-long investigation into Worldcoin with “no further police action” and says the startup must register its business, acquire licenses, and more (techcrunch.com)
2024-6-20 Startup

Accel and Dealroom: out of 221 generative AI startups in Europe and Israel, 27% were created in London, 13% in Tel Aviv, 12% in Berlin, and 10% in Paris (techcrunch.com)
2024-6-20 Germany Europe Israel Startup AI London Paris

China's top-valued AI startup, Moonshot AI, recently debuted a role-play chat app and music maker app in the US; Chinese rival MiniMax also expanded to the US (www.theinformation.com)
2024-6-20 China Startup AI

A look at Rebind, a mysterious startup that turns Margaret Atwood and other authors' voices into AI reading companions, and an interview with CEO John Dubuque (www.wired.com)
2024-6-19 Interview Startup AI

AI search engine startup Genspark launches, offering a Sparkpage overview for queries, and raised a $60M seed led by Lanchi at a $260M post-money valuation (techcrunch.com)
2024-6-19 Startup AI

Autonomous trucking startup Waabi raised a $200M Series B led by Uber and Khosla Ventures, after an $83.5M Series A in 2021, and aims for a full launch in 2025 (www.reuters.com)
2024-6-18 Uber Startup

EV startup Fisker files for bankruptcy, aims to sell assets (indianexpress.com)
2024-6-18 Startup Asset

Real-time data analytics startup Tinybird raised a $30M Series B, at a “significantly higher” valuation than its $37M Series A; source: it's now valued at $240M (techcrunch.com)
2024-6-18 Startup

How Terray Therapeutics uses AI to discover and develop drugs, generating 50TB of raw data daily, part of a wave of startups looking to harness AI in medicine (www.nytimes.com)
2024-6-17 Startup AI

Sources: Wells Fargo's credit card with fintech startup Bilt, rewarding rent payments and gaining 1M+ signups in 18 months, costs the bank up to $10M per month (www.wsj.com)
2024-6-17 Fintech Startup Credit Card

Sources: Wells Fargo's credit card with fintech startup Bilt, which gets points on rent payments and saw 1M+ signups in 18 months, costs the bank up to $10M/mo. (www.wsj.com)
2024-6-17 Fintech Startup Credit Card

Q&A with FTC Chair Lina Khan about scrutinizing Big Tech's “innovations in potential lawbreaking” with AI deals, use of AI at FTC, startups, acquisitions, more (techcrunch.com)
2024-6-16 Startup AI

DefiLlama: crypto startup funding has crossed $100B since 2014; The Block Research: Coinbase Ventures has made 443 investments or ~4% of all deals since 2017 (alturl.com)
2024-6-16 Startup Coinbase

A look at tech companies' investments in AI startups: Nvidia and NVentures completed a total of 32 deals in 2023, while Microsoft and M12 made 21 investments (news.crunchbase.com)
2024-6-16 Microsoft Startup AI Nvidia

Amazon Says It'll Spend $230 Million On Generative AI Startups (news.slashdot.org)
2024-6-14 Amazon Startup AI

Indian Startup 3D Prints Rocket Engine in Just 72 Hours (science.slashdot.org)
2024-6-14 India Startup

Sources: Indian rapid grocery delivery startup Zepto plans to raise ~$650M co-led by Nexus and StepStone at a valuation of $3.5B, up from $1.4B in August 2023 (www.moneycontrol.com)
2024-6-13 India Startup

German startup Black Semiconductor raised €254M, comprising €229M in public grants and €26M in equity, to build chips using graphene for mass production in 2031 (www.bloomberg.com)
2024-6-12 Germany Startup Equity

Sources: US-based AI startups Opus Clip and HeyGen, founded by China-born entrepreneurs, are scrambling to sever China ties by relocating China-based engineers (www.theinformation.com)
2024-6-12 China Startup AI Entrepreneur

Finnish Startup 'Flow' Claims It Can 100x Any CPU's Power With Its Companion Chip (hardware.slashdot.org)
2024-6-12 Startup Finland

Grow your startup with this SEO and growth hacking bundle, now $25 (www.bleepingcomputer.com)
2024-6-12 Startup

GM is investing another $850M into Cruise to help cover the startup's operational costs as it slowly resumes testing its self-driving vehicles in some US cities (www.theverge.com)
2024-6-12 Startup Autonomous Car

Customer service automation startup Cognigy, whose AI agents can talk to tens of thousands of users at once, raised a $100M Series C and reports ~175 clients (techcrunch.com)
2024-6-11 Startup AI

Paris-based AI startup Mistral raised €600M led by General Catalyst, sources say comprising €468M in equity and €132M in debt at a €5.8B valuation (t.co)
2024-6-11 Startup AI Equity Paris

Dealroom analysis of European startups: as of May 2024, the UK had 785 startups with at least $25M of annual revenue, France had 309, and Germany had 255 (alturl.com)
2024-6-10 Germany France Europe Startup

Critics say California's AI safety bill, which requires “kill switches” for AI models, will force AI startups to leave, harm open-source models, and more (t.co)
2024-6-8 Startup AI California

US VC firms are putting pressure on tech startups to ask their Chinese backers to divest as VCs anticipate tighter controls on foreign ownership from Washington (t.co)
2024-6-7 China Startup

Sources: as Humane's Ai Pin flopped, with just ~10,000 orders by early April, the startup started talking to HP about a $1B+ sale; Humane has raised $240M (www.nytimes.com)
2024-6-6 Startup AI

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