January 31, 2025
Author

Nickie Louise

Nickie is a writer and editor for TechStartups.com. Nickie loves writing about early-stage startups, new technologies, cryptocurrencies, gaming, and gadgets. When not writing about technology, Nickie enjoys crafts, spending time with family, hiking, and exploring God's majestic creation.


Artificial Intelligence  / Electric Car  / Electric Vehicles  / Featured  / Space  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
SpaceX eyes $350 billion valuation, setting the stage for Elon Musk to become the world’s first trillionaire
Nickie Louise Posted On December 3, 2024


In November, SpaceX reportedly floated the idea of selling existing shares at $135 each, valuing Elon Musk’s space startup at $250 billion. Just two weeks later, the company is said to be discussing insider share sales that could push its […]


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Nebius secures $700M backing from Nvidia, Accel to expand AI infrastructure and U.S. operations
Nickie Louise Posted On December 2, 2024


Nebius Group, an Amsterdam-based company that emerged from the split of Russian tech giant Yandex, announced on Monday it has secured $700 million in a private placement. The round was backed by prominent investors, including Nvidia, Accel, and accounts managed […]


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Intel CEO Pat Gelsinger steps down just a week after the chipmaker receives $8 billion from Biden administration
Nickie Louise Posted On December 2, 2024


Just a week after receiving an $8 billion funding boost from the Biden administration, Intel CEO Pat Gelsinger has stepped down from the helm of the struggling chipmaker. The announcement comes less than four years into his tenure, leaving the […]


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Elon Musk vs. OpenAI (again): Musk seeks to block OpenAI’s transition to a fully for-profit business
Nickie Louise Posted On December 2, 2024


Just eight months after suing OpenAI and its CEO Sam Altman for “breach of contract” and abandonment of original mission, Elon Musk has now intensified his legal battle to block OpenAI’s transition to a fully for-profit business amid ongoing antitrust […]


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From rejection to triumph: How a Tesla job applicant turned a setback into a full-time offer after 6 years of hard work
Nickie Louise Posted On November 28, 2024


Tesla is widely regarded as one of the most sought-after tech employers, attracting millions of applications every year. In 2021 alone, the electric vehicle giant received an astounding 3 million job applications from hopeful candidates. With just 0.5% of applicants […]


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Toyota-backed self-driving startup Pony AI raises $260M in U.S. IPO, valued at $4.55 billion
Nickie Louise Posted On November 27, 2024


In October, Pony AI revealed plans to go public, marking a significant milestone after eight years of development. Just two weeks ago, the Toyota-backed self-driving startup filed for a U.S. initial public offering (IPO), aiming for a valuation above $4 […]


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Just Eat Takeaway exits London Stock Exchange after a decade
Nickie Louise Posted On November 27, 2024


Just Eat Takeaway announced on Wednesday that it will delist from the London Stock Exchange (LSE) next month, marking a setback for the U.K.’s efforts to attract more high-growth tech firms to its stock market. The decision comes 10 years after […]


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Faircraft secures €15M to scale production of lab-grown leather for luxury markets
Nickie Louise Posted On November 26, 2024


The global leather goods market is currently valued at $250 billion to $407 billion and is projected to grow to $743.50 billion by 2030. Within this market, animal leather was worth $100 billion in 2023 and is expected to reach […]


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Biden extends $6 billion lifeline to struggling EV startup Rivian amid growing unsold inventory on dealer lots
Nickie Louise Posted On November 26, 2024


Just two months before President-elect Trump takes office, the Biden administration is rushing to allocate billions in taxpayer funds to support Rivian Automotive, a struggling electric vehicle startup grappling with unsold inventory and faltering demand. This decision follows a recent […]


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Meta’s funding suspension for VR app developers sparks startup layoffs
Nickie Louise Posted On November 26, 2024


Earlier this month, Meta Platforms made waves after suspending funding for VR app developers, leading some startups to make tough decisions and lay off their employees. This shift highlights a strategic pivot in Meta’s approach to its VR division, which […]


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LightOn shares surge 9% in market debut as Europe’s first listed generative AI startup goes public
Nickie Louise Posted On November 26, 2024


With the number of generative AI startups steadily climbing since ChatGPT’s debut in 2022, one company has taken the leap to go public, becoming Europe’s first listed generative AI startup. Paris-based generative AI startup LightOn made its market debut today, […]


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Huawei launches Mate 70 Series, first phones featuring its self-developed HarmonyOS NEXT operating system
Nickie Louise Posted On November 26, 2024


Huawei on Tuesday unveiled the Mate 70 series, its latest smartphone running on the company’s self-developed HarmonyOS NEXT operating system. This marks another step in Huawei’s drive for technological independence amid ongoing U.S. sanctions. The Mate 70 follows the release […]


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Bankruptcy  / Electric Car  / Electric Vehicles  / Failed Startups  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Northvolt, once a symbol of Europe’s electric car revolution, files for bankruptcy after burning through $10 billion in investor cash
Nickie Louise Posted On November 25, 2024


Just last week, we covered the collapse of Northvolt after its CEO and co-founder, Peter Carlsson, stepped down following a Chapter 11 bankruptcy filing. Once viewed as the driving force behind Europe’s electric car revolution, the Swedish EV battery startup […]


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ElectraLith, a Rio Tinto-backed tech startup, nears $17.9M second funding round amid lithium market struggles
Nickie Louise Posted On November 25, 2024


With an estimated 85 million electric vehicles (EVs) expected on the road by the end of 2025, the demand for lithium is set to surge. However, traditional methods of lithium production come with significant environmental costs. These approaches require large […]


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Anthropic raises $4 billion from Amazon, boosting the e-commerce giant’s total investment in the AI startup to $8 billion
Nickie Louise Posted On November 22, 2024


Just a day after reports surfaced that Anthropic is gaining market share against OpenAI, the AI startup announced on Friday it has secured an additional $4 billion investment from longtime backer Amazon, bringing Amazon’s total commitment to $8 billion. This […]


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Bankruptcy  / Electric Car  / Electric Vehicles  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Northvolt’s Collapse: CEO steps down amid chapter 11 filing, $5.8 billion debt, and Europe’s battery dreams shattered
Nickie Louise Posted On November 22, 2024


Northvolt’s CEO and co-founder Peter Carlsson stepped down on Friday, just a day after the company filed for U.S. Chapter 11 bankruptcy protection, according to a report from Reuters. The move marks a dramatic turn for what was once Europe’s […]


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AgriTech  / Featured  / Robotics  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
YC-backed robotics startup Four Growers secures $9M Series A to tackle greenhouse labor shortages with AI robots
Nickie Louise Posted On November 21, 2024


Over the last century, automation has revolutionized crops like corn, wheat, and soy, driving down costs and boosting production. Yet, fruits and vegetables have largely been left behind, facing up to 15x higher harvesting costs due to the lack of […]


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Aries.com launches first open fintech platform for traders, investors, and developers
Nickie Louise Posted On November 21, 2024


For years, retail investing has been shaped by established names like E*TRADE and Vanguard. Now, a new player, Aries, has entered the fintech scene, launching its brokerage and trading platform on the premium domain Aries.com after starting on TradeAries.com. The […]


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Electric Vehicles  / Featured  / IPO  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Indian electric scooter startup OLA Electric to lay off 500 employees, just 3 months after IPO
Nickie Louise Posted On November 21, 2024


In August, OLA Electric made a public debut on the Indian stock market, with shares surging 20% on the first day and valuing the SoftBank-backed electric vehicle (EV) startup at $4.8 billion. However, just three months later, the 7-year-old company […]


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Business and enterprise spending on AI surges 500% to $13.8 billion as Anthropic gains market share over OpenAI
Nickie Louise Posted On November 21, 2024


While generative AI startups have attracted billions in funding, a parallel surge in business and enterprise spending underscores the growing adoption of artificial intelligence across industries. According to new data from Menlo Ventures, companies have spent $13.8 billion on generative […]


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