November 13, 2024
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Up-to-date information about the latest startup funding.

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EV tech startup Faraday Future raises $90M in funding for the production launch of its FF91 electric SUV
Daniel Levi Posted On June 27, 2023


The ongoing global economic downturn has led to a funding drought, forcing tech startups to lay off some of their employees and freeze hiring while also making it difficult for them to raise new funding. One of the startups feeling […]


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Realtime Robotics raises $9.5M in additional funding for its collision-free autonomous motion planning for industrial robots
Daniel Levi Posted On June 27, 2023


While the spotlight remains on generative AI, the funding landscape for automation and robotics startups is also thriving. Investors continue to pour billions into the space as companies like BMW leverage solutions from some of these startups to enhance speed […]


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German climate startup 1KOMMA5°raises €430 million in funding to create ‘virtual power plant’ for your home
Daniel Levi Posted On June 26, 2023


The impact of climate change is undeniable, encompassing the entire globe and reaching an unprecedented scale. Extensive research reveals that about 75% of global greenhouse gas emissions, the main contributor to climate change, stem from the combustion of fossil fuels. […]


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Apollo Global leads a $2 billion private funding for chipmaker Wolfspeed
Daniel Levi Posted On June 26, 2023


Chipmaker Wolfspeed announced on Monday it has raised a total of $2 billion in private funding from a group of lenders led by private-equity firm Apollo Global. The debt financing, which includes a $1.25 billion secured note with an accordion […]


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Amazon invests $100 million in generative AI center as demand for AI applications soars
Nickie Louise Posted On June 26, 2023


The AI boom sparked by the sudden success of OpenAI ChatGPT continues to gain momentum without any signs of slowing down. Since the launch of ChatGpt in November of last year, investors have billions of dollars into generative artificial intelligence […]


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796 Views


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DexCare raises $75M Series C led by ICONIQ Growth to match patients with the right healthcare provider
Daniel Levi Posted On June 21, 2023


According to the latest estimate, over 100 million Americans currently encounter obstacles when trying to access healthcare, primarily due to factors such as the closure of rural hospitals and shortages of physicians. These challenges have significantly limited individuals’ ability to […]


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695 Views


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Generative AI startup Parrot raises $11M in Series A funding to grow its AI-powered transcription platform
Daniel Levi Posted On June 20, 2023


Numerous reports show that an estimated 30% of knowledge workers’ valuable time is wasted on administrative tasks. With the popularity of artificial intelligence (AI) on the rise, particularly generative AI, businesses of all sizes are actively exploring innovative solutions to […]


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615 Views


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China’s Tesla challenger Nio to raise $738.5 million from Abu Dhabi-based CYVN Holdings
Nickie Louise Posted On June 20, 2023


Just a month after investing $142 million in nuclear fusion startup Neo Fusion, Chinese EV maker Nio said Tuesday that CYVN Holdings, a firm backed by the Abu Dhabi government, will be investing approximately $738.5 million. Nio said the fresh […]


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UK startup Helixx partners with Siemens to make affordable commercial EVs in India; raises $1.3 million
Daniel Levi Posted On June 19, 2023


As the demand for electric vehicles (EVs) soared, technology startups are striving to make EVs affordable and accessible to consumers in developing countries. One such startup is Helixx, a UK-based mobility manufacturing tech company looking to revolutionize the electric commercial […]


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667 Views


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Wargraphs, a bootstrap gaming startup with only one employee, sells for $54 million
Daniel Levi Posted On June 15, 2023


It’s not something you hear every day, but this bootstrap startup Wargraphs has just achieved an impressive feat by selling for millions of dollars. The London-based one-person startup is the mastermind behind Porofessor, a highly popular companion app designed for […]


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769 Views


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Meet Tapcart, a tech startup that’s revolutionizing mobile eCommerce and generating over $5 billion for retailers
Daniel Levi Posted On June 15, 2023


The mobile e-commerce (also known as m-commerce) industry has seen remarkable growth in recent years, thanks to smartphones becoming prevalent and the increasing convenience of shopping on mobile devices. In 2021 alone, mobile e-commerce generated approximately $3.53 trillion in global revenue, […]


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870 Views


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Digital behavioral health startup Octave raises $52M in Series C funding to transform mental health care
Daniel Levi Posted On June 15, 2023


The impact of the mental health pandemic is a grave concern that affects countless individuals across the United States and beyond. Regrettably, this issue extends far beyond the borders of the United States. Recent data from the United Nations reveals that […]


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751 Views


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AI chip startup SiMa.ai raises $13 million in funding as AI boom picks up steam
Nickie Louise Posted On June 13, 2023


The AI boom sparked by the sudden success of OpenAI ChatGPT shows no signs of fading. Since the launch of ChatGpt in November of last year, investors have billions of dollars into generative AI startups. The latest is SiMa.ai, a […]


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819 Views


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Salesforce to invest $500 million in generative AI startups; unveils new AI Cloud offering
Nickie Louise Posted On June 12, 2023


Salesforce announced on Monday a significant development in its venture into artificial intelligence (AI) generative AI, doubling its venture capital fund for generative AI startups to $500 million. In addition, the CRM giant also unveiled its AI Cloud service, which […]


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Oova, a Mount Sinai spinoff startup, raises $10.3 million in funding for fertility testing kit
Nickie Louise Posted On June 12, 2023


The FemTech sector, which includes technology-driven solutions for women’s health, is projected to reach a substantial value of $1 trillion by 2027. However, the industry faces significant challenges due to the lingering taboos surrounding women’s health and gender disparities in […]


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694 Views


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Indian electric scooter startup OLA Electric in talks with investors about its $1 billion planned IPO
Daniel Levi Posted On June 9, 2023


Ola Electric, a Bengaluru, India-based electric scooter startup, is reportedly gearing up for its highly anticipated stock market listing, according to Reuters, which first reported the story. Citing sources familiar with the matter, Reuters said that the six-year-old startup is […]


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596 Views


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The Green Coffee Company lands $25M in Series C funding to revolutionize the Colombian coffee industry
Nickie Louise Posted On June 9, 2023


It’s been an exciting journey since our last update on Green Coffee Company (GCC), a Legacy Group portfolio company and the leading coffee producer in Colombia. In 2022, the company made a splash after it secured an impressive $100 million […]


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679 Views


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AI startup Cohere raises $270 million in funding to take on OpenAI ChatGPT; now valued at $2.2 billion
Nickie Louise Posted On June 9, 2023


Cohere, a tech startup specializing in AI foundation models, has recently secured an impressive $270 million in funding. This funding round attracted support from renowned investors, including Nvidia, Oracle, and Salesforce Ventures. While the exact valuation of Cohere remains undisclosed, […]


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713 Views


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French software startup Pigment raises $88M in funding led by ICONIQ Growth
Nickie Louise Posted On June 8, 2023


Pigment, a French business planning software startup, has recently secured a substantial $88 million in funding to “redefine business planning” and take on the popular Microsoft Excel spreadsheet software. This round, which brings Pigment’s total funding up to $248 million, […]


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837 Views


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Blumira launches an easy XDR platform for small businesses following a $15 million Series B fundraise
Daniel Levi Posted On June 7, 2023


It’s been three years since we last covered Blumira, an emerging cybersecurity startup that offers detection and response technology to automate security operation workflows and enable customers to identify threats faster and earlier, then respond by blocking or containing their […]


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