November 14, 2024
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Up-to-date information about the latest startup funding.

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Tech IPOs to watch in 2024: 257 venture-backed startup companies poised to go public in 2024
Daniel Levi Posted On January 2, 2024


Tech stocks had one of their best years in the last two decades following the 2022 slump. But the stellar stock performance didn’t fully carry into the IPO scene in 2023. The tech IPO market welcomed only 148 new companies […]


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Bird, an electric scooter company once valued at $2.5 billion, filed for bankruptcy
Nickie Louise Posted On January 2, 2024


Bird, the electric scooter company once valued at $2.5 billion, has filed for Chapter 11 bankruptcy, citing a series of setbacks. Bird confirmed in a press release that it has entered a “financial restructuring process” to bolster its balance sheet […]


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World’s Most Valuable Startups of 2023 Revealed
Nickie Louise Posted On December 29, 2023


As we bid farewell to the year 2023, it’s that time to look back on the tech landscape and shine a spotlight on the daring startups that navigated a tumultuous year to reshape and revolutionize various industries. While tech stocks […]


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Venture capital funding slowdown as 38% of VCs pulled back from investing in 2023
Nickie Louise Posted On December 22, 2023


As 2023 wraps up, most startup founders would probably agree—it’s been a tough year for raising funds. The tech world took a hit when Silicon Valley Bank collapsed in March, causing a ripple effect as VC firms became more cautious […]


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Marcelo Claure and Paul Judge team up to lead Open Opportunity Fund, a venture fund for Black and Latino-founded tech startups
Nickie Louise Posted On December 22, 2023


The Open Opportunity Fund, a venture capital initiative dedicated to supporting Black- and Latino-founded tech companies, announced two major moves that signal significant progress within the fund. Marcelo Claure, a Bolivian-American tycoon known for founding and steering the ship of […]


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Google-backed AI startup Anthropic seeking to raise $750M in new funding round led by Menlo Ventures
Nickie Louise Posted On December 21, 2023


OpenAI rival Anthropic is in talks to secure $750 million in a venture round led by Menlo Ventures, valuing the two-year-old AI startup at $15 billion, excluding the investment, according to an exclusive report from The Information. This valuation is […]


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918 Views


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Web3 growth marketing leader Addressable secures $13.5 million in funding boost led by BITKRAFT
Nickie Louise Posted On December 21, 2023


The global Web 3.0 market is expected to reach a staggering $81.5 billion by 2030. This market growth is due in part to rising demand for better user experiences and ongoing improvements in connectivity. Leading the way in this space […]


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787 Views


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SolarDuck takes flight with €15M funding boost to advance offshore floating solar energy development
Nickie Louise Posted On December 21, 2023


Solar Duck, a Dutch-Norwegian cleantech startup, has raised € 15 million in additional funding to propel the development of its offshore floating solar power technology. The funding comes from a mix of existing and new investors, including an international consortium […]


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763 Views


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TuMeke secures $10 million in Series A funding led by Intel Capital to eliminate work-related muscle injuries
Nickie Louise Posted On December 19, 2023


In 2020, the private sector saw a total of 247,620 workplace injuries or illnesses related to musculoskeletal disorders (MSDs) that led to days away from work, according to a report from the National Safety Council. MSDs, often termed “ergonomic injuries,” […]


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541 Views


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Clean energy startup Octopus Energy raises $800 million in funding to accelerate growth
Nickie Louise Posted On December 18, 2023


UK-based Octopus Energy Group announced on Monday that it has raised $800 million in the latest funding round from existing investors. The new investment values the eight-year-old clean energy company at $7.8 billion (£6.2bn), marking a substantial 60% increase from […]


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460 Views


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HealthTech startup Patientory partners with WIVA in a capital raise to democratize access to healthcare data
Nickie Louise Posted On December 15, 2023


About 40% of adults in the United States grapple with chronic illnesses, regularly navigating various facets of the country’s healthcare system, according to data from the National Association of Chronic Disease Directors. This results in their health records being scattered […]


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Paris-based VC firm Singular raises $435M for second fund targeting European tech startups
Daniel Levi Posted On December 14, 2023


Singular, a venture capital firm based in Paris, has been keeping a low profile for the past three years, operating somewhat secretly. Despite flying under the radar, the firm has managed to raise over €600 million since its launch in […]


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501 Views


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Chinese AI startup 01.AI to raise $200 million to build the next generation of open-source AI models
Nickie Louise Posted On December 14, 2023


Beijing-based 01.AI, a Chinese artificial intelligence startup founded by former Google China chief Lee Kai-fu, is raising up to $200 million in fresh funding, according to an exclusive report from Reuters. The move to raise funds comes amid a surge […]


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585 Views


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AllSpice.io raises $6 million in additional funding for its hardware collaboration platform
Nickie Louise Posted On December 13, 2023


In the past, developing hardware products used to be a lengthy process involving years of research and development. However, in today’s fast-paced tech landscape, companies can’t afford to spend that much time, as by the time they launch, the technology […]


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600 Views


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Chinese chip startup Changxin seeks to raise new funding at $19.51 billion valuation; delays IPO
Nickie Louise Posted On December 12, 2023


Chinese chip maker Changxin Memory Technologies Inc (CXMT) has decided to postpone its planned initial public offering (IPO) originally set for earlier this year, making it the latest Chinese company to cancel its IPO debut due to volatile market conditions. […]


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Fintech startup SumUp raises $307 million, defying funding slump
Nickie Louise Posted On December 11, 2023


London-based payments startup SumUp announced on Monday that it secured 285 million euros (approximately $306.6 million) in new funding. The funding round was led by Sixth Street Growth, the growth arm of global investment firm Sixth Street, and saw participation […]


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491 Views


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AI startup Rhythms emerges from stealth with $26 million in funding to transform the future of work
Nickie Louise Posted On December 7, 2023


Rhythms, a new AI startup founded by Vetri Vellore who previously sold his company to Microsoft, has emerged from stealth mode with $26 million in seed funding. The round was co-led by Greenoaks and Madrona with participation from Accel, and […]


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620 Views


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Actility secures €16 million to lead the boom in low-power IoT market and propel sector consolidation
Nickie Louise Posted On December 7, 2023


While artificial intelligence grabs all the attention in the news, there’s another sector quietly making waves, and it’s not getting the recognition it deserves, despite nearing $1 trillion in spending. According to recent research by Statista indicates that global spending on the […]


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522 Views


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Versatus raises $2.3M to launch the world’s first stateless rollup; now valued at $50 million
Nickie Louise Posted On December 6, 2023


Blockchain technology has advanced significantly in recent years, showing great promise. But despite impressive progress, blockchain technology still faces some technical challenges. One notable issue is scalability. To tackle this, one proposed solution is the traditional rollup approach. In this […]


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536 Views


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Science Creates secures £8.5M in funding to support UK spin-outs and drive the fourth industrial revolution
Nickie Louise Posted On December 6, 2023


University spin-out Science Creates has received new funding boost to ignite deep tech innovation and pave the way for the UK’s leading role in the fourth industrial revolution. Science Creates announced on Wednesday it has secured £8.5 million in funding […]


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833 Views