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Datanomix secures $12M in growth funding to expand its production intelligence platform for industrial manufacturers

Nickie Louise Posted On May 10, 2023

It feels like just yesterday, but it has been four years since our last coverage of Datanomix. Back then, the Nashua, New Hampshire-based startup, which provides operational insights to industrial manufacturers through its manufacturing analytics platform, raised $2 million in […]

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Cybersecurity startup SquareX launches out of stealth with $6M in funding led by Sequoia Capital to secure your online activities

Nickie Louise Posted On May 10, 2023

In the current era of cloud-based Software-as-a-Service (SaaS), professionals rely heavily on web browsers to carry out various online activities such as sending and receiving emails, creating and sharing documents, transferring files, streaming content, banking, and shopping. This shift has […]

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Twitter will soon allow you to make calls and send encrypted messaging, Elon Musk says

Nickie Louise Posted On May 10, 2023

Some thought Elon Musk was out of his mind when he acquired Twitter in 2022 for a staggering amount of $44 billion. Last year, Musk announced his plans to create “Twitter 2.0 The Everything App.” It now appears that Musk has […]

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Lucem Health lands $7.7M in funding led by Mayo Clinic to transform healthcare delivery using clinical AI

Nickie Louise Posted On May 9, 2023

Lucem Health is a North Carolina-based health tech startup changing the game in healthcare delivery by utilizing cutting-edge clinical AI technology to provide reliable, useful, and practical point-of-care solutions. The two-year-old startup connects data scientists who develop predictive AI models […]

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Israeli cybersecurity startup Wiz ranks in the top 5 of CNBC’s 2023 Disruptor 50 list with a $10 billion valuation

Nickie Louise Posted On May 9, 2023

CNBC, a business and finance news outlet owned by NBCUniversal, has released its 2023 Disruptor 50 list. The eleventh annual Disruptor 50 list showcases private tech startup companies that are disrupting the industry through innovation and bringing radical changes. Despite […]

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Binance to add Bitcoin Ordinal NFTs to Binance NFT Marketplace

Nickie Louise Posted On May 9, 2023

Two years ago, Binance unveiled its NFT marketplace where users can create, buy and sell digital collector’s items. At the time, Binance said its crypto exchange platform would operate two markets: a premium venue for top auctions and exhibitions and […]

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Israeli startup 8fig raises $140M to boost e-commerce SMBs amidst economic turmoil

Nickie Louise Posted On May 9, 2023

While many businesses struggled during the pandemic years, e-commerce companies continued to thrive as consumers increasingly turned to online transactions. In 2021 for example, retail e-commerce sales amounted to nearly $5.2 trillion worldwide. This number is forecast to grow by […]

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Intel plans fresh round of layoffs following the biggest quarterly loss in company history

Nickie Louise Posted On May 8, 2023

Late last month, Intel reported its first-quarter results with a staggering 133 percent annual decline in the earnings per share, making it the biggest quarterly loss in company history. The company revenue also fell by nearly 36 percent to $11.7 billion. […]

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Mayfield raises nearly $1 billion for its two venture funds to invest in early-stage startup companies

Nickie Louise Posted On May 8, 2023

Mayfield, a venture capital firm with a five decades history, announced today that it has secured $955 million in total for two venture capital funds. The first fund, Mayfield XVII, raised $580 million and will invest in seed and Series […]

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Patientory CEO Chrissa McFarlane Doubles Down on Healthcare Data and Blockchain; Here’s Why

Nickie Louise Posted On May 8, 2023

Entrepreneur Chrissa McFarlane is on a mission to radically improve healthcare by empowering people to take back control of their data. She’s a big believer in the potential of blockchain to do exactly this, providing people with better access to […]

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Silicon Valley startup Olyns raises $4M in funding to solve US recycling problem and reduce plastic waste

Nickie Louise Posted On May 8, 2023

The United States generates approximately 300 million tons of waste annually, according to a report from The Environmental Protection Agency (EPA). However, only 25% of that solid waste is recycled. Currently, the recycling rates in the U.S. and other countries […]

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Qualcomm acquires Israeli auto-chip maker startup Autotalks in a $350-400 million deal

Nickie Louise Posted On May 8, 2023

Qualcomm announced on Monday it would buy Israeli auto-chip maker startup Autotalks. While the financial terms of the deal were not disclosed, Qualcomm reportedly paid approximately $350-400 million for the company. The announcement comes two years after Qualcomm partnered with […]

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Dutch startup Instruqt closes €15M in Series A funding after 5 years of bootstrapping

Nickie Louise Posted On May 5, 2023

For many years, Hilversum, Netherlands-based Instruqt has been helping companies bring their products to life through a series of engaging and interactive hands-on demos and training. Then after five years of bootstrapping its way to successful growth, the startup has […]

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Vice Media nears a $400 million deal to sell itself out of bankruptcy, report

Nickie Louise Posted On May 5, 2023

On Tuesday, we wrote about Vice Media after multiple reports that the media outlet was preparing to file for bankruptcy, two weeks after Buzzfeed News shuttered. Now, The Wall Street Journal (WSJ) reported Friday that Vice Media is close to […]

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Top tech startup news for Thursday, May 4, 2023: Captura, Impact Nano, Microsoft, OpenAI, and Shopify

Nickie Louise Posted On May 4, 2023

Good evening! Below are some of the top tech startup news stories for Thursday, May 4, 2023. Carbon removal startup Captura raises funding from fossil fuel giants to take CO2 out of the ocean Climate change is one of […]

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Microsoft opens up its ChatGPT-powered Bing search engine to the general public; the waiting list is over

Nickie Louise Posted On May 4, 2023

The waiting list is finally over. Microsoft finally removes the waiting list for its ChatGPT-powered Bing search engine. The new version of its Bing search engine, which features a chatbot powered in part by an OpenAI large language model, is […]

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Chip materials startup Impact Nano raises $32M in funding from Goldman Sachs, Intel, and others

Nickie Louise Posted On May 4, 2023

The semiconductor industry is facing significant supply chain issues as a few foreign producers are responsible for providing chips, solar cells, and battery materials. This leaves companies vulnerable to supply chain disruptions. That’s why Massachusetts-based chip materials startup Impact Nano is […]

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Shopify to lay off more than 2,000 employees, or 20% of its workforce

Nickie Louise Posted On May 4, 2023

Canadian e-commerce company Spotify becomes the latest tech company to announce job cuts amid the ongoing economic slowdown and geopolitical uncertainties. Shopify announced Wednesday that it’s laying off more than 2,000 people, or 20% of its workforce. In addition, the […]

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Top tech startup news for Wednesday, May 3, 2023: Advance Intelligence, Meta, Pando, TIDAL, and Unity

Nickie Louise Posted On May 3, 2023

Good evening! Below are some of the top tech startup news stories for Tuesday, May 3, 2023. FTC says Facebook misled parents and failed to guard kids’ privacy; proposes ban on Meta profiting from minors’ data The U.S. Federal […]

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Databricks acquires AI-centric data governance platform startup Okera

Nickie Louise Posted On May 3, 2023

San Francisco-based Databricks announced today that it has acquired Okera, the world’s first AI-centric data governance platform. The two companies did not disclose the terms of the acquisition. A spokesperson for Databricks said the completion of the acquisition is “imminent.” Databricks […]

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