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Up-to-date information about the latest startup funding.

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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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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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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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530 Views


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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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784 Views


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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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594 Views


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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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965 Views


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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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872 Views


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Pando raises $30M in funding to grow its AI-powered supply chain platform
Nickie Louise Posted On May 3, 2023


Supply chain disruptions have reached their peak in recent years, hindering business growth and limiting consumers’ access to quality products. In addition, siloed logistics software has also hampered business operations. In a recent survey conducted by Deloitte, over 70% of […]


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608 Views


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Music streaming platform TIDAL relaunches TIDAL RISING with funding for emerging artists
Nickie Louise Posted On May 3, 2023


TIDAL, a global music streaming platform owned by Jack Dorsey’s Block and musician Jay-Z, today announced the relaunch of  TIDAL RISING, a program that levels the playing field for all artists. Originally launched in 2015, TIDAL RISING was designed to […]


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488 Views


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Singapore-based unicorn startup Advance Intelligence raises $80 million in funding
Nickie Louise Posted On May 3, 2023


While the rest of the startup space may be experiencing a funding drought, investments in artificial intelligence have increased more than sixfold since 2016, according to data from research firm Statista. Since the debut of ChatGPT in November of the […]


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456 Views


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Top tech startup news for Tuesday, May 2, 2023: Alibaba, Aligned, Chegg, Gigascale, Gigs, Inflection AI, and Simpplr
Nickie Louise Posted On May 2, 2023


Good evening! Below are some of the top tech startup news stories for Tuesday, May 2, 2023.   Chegg lost 40% of its value after the company says ChatGPT is killing its online education business Just last month experts warned that […]


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470 Views


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Aligned lands $5.8 million to streamline sales process for B2B buyers and sellers
Nickie Louise Posted On May 2, 2023


While the business-to-consumer (B2C) sector has undergone significant changes over the years, the way buyers and sellers in the business-to-business (B2B) space collaborate has remained mostly unchanged, with communication still relying heavily on email threads, attachments, and spreadsheet links. The […]


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819 Views


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Simpplr raises $70M in funding to grow its AI-powered employee experience platform
Nickie Louise Posted On May 2, 2023


About 8 years ago, entrepreneur Dhiraj Sharma was approached by HR tech company Workday to create an intranet app to enhance the employee onboarding experience. This opportunity came at a perfect time for Sharma, as his interests in purpose and […]


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964 Views


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Gigs launches with $2.7M in funding to connect companies to job seekers looking for hourly jobs in their neighborhoods
Nickie Louise Posted On May 2, 2023


The United States continues to experience a persistent labor shortage exacerbated following the COVID-19 pandemic. According to the Society for Human Resource Management, 76.1 million workers aged 16 and older – representing more than half of all wage and salary […]


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448 Views


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Former Facebook CTO Mike Schroepfer launches Gigascale Capital, a VC firm that invests in climate-focused startups
Nickie Louise Posted On May 2, 2023


Climate change is one of the most significant challenges of our time. From drought and extreme weather events to rising sea levels that heighten the possibility of catastrophic flooding, the impacts of climate change are global in scope and cannot […]


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1.2K Views


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Top tech startup news for Monday, May 1, 2023: Bluesky, Campus, Getir, HubSync, IBM, and TIER Mobility
Nickie Louise Posted On May 1, 2023


Good evening! Below are some of the top tech startup news stories for Monday, May 1, 2023. Berlin-based e-scooter operator TIER Mobility is in merger and acquisition talks Berlin-based e-scooter operator TIER Mobility is reported in talks for a potential […]


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398 Views


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HubSync closes Series A funding to simplify and automate tax and accounting processes for CPA firms
Daniel Levi Posted On May 1, 2023


The market size of the Accounting Services industry, measured by revenue, is valued at $144.5 billion in 2023. And yet, the CPA profession, which makes up a large portion of this industry, has been struggling with fragmentation and inefficiency when […]


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435 Views


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EdTech startup Campus.edu raises $29M in funding to provide an online alternative to traditional community college
Nickie Louise Posted On May 1, 2023


For over a century, obtaining a four-year college degree has been hailed as an effective means of achieving the American dream. However, the rising cost of tuition has now exceeded the average household income. This has resulted in students acquiring […]


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980 Views


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Clubhouse, a social audio platform startup valued at $4 billion a year ago, is laying off half of its staff
Daniel Levi Posted On April 28, 2023


“Today we announced that we’re scaling back our org by over 50% and saying goodbye to many talented, dedicated teammates in the process. We’re deeply sorry to be doing this, and we would not be making this change if we […]


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553 Views


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Top tech startup news for Thursday, April 27, 2023: Ansa, Dropbox, Energy Dome, iLearningEngines, Intel, and Replit
Nickie Louise Posted On April 27, 2023


Good evening! Below are some of the top tech startup news stories for Thursday, April 27, 2023.   Intel posts biggest quarterly loss in company history as PC sales drop and chip wars intensify Is the Intel era coming to […]


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589 Views