January 29, 2025
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Startup Spotlight


Startup Spotlight profiles emerging tech startup companies around the world. Do you run a standout startup? Email us at Info@techstartups.com

Blockchain  / Cryptocurrency  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Crypto lender BlockFi is preparing for bankruptcy as FTX contagion spreads across the crypto market
Nickie Louise Posted On November 15, 2022


Less than a week after BlockFi suspended withdrawals for thousands of its customers, the beleaguered crypto lender is now preparing for potential bankruptcy following the collapse of the crypto exchange FTX, the Wall Street Journal reported Tuesday. BlockFi is the […]


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Cybersecurity  / Security  / Startup Funding  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Cybersecurity tech startup Bishop Fox closes $129B Series B funding to fortify its offensive security muscle
Nickie Louise Posted On November 15, 2022


Bishop Fox, a Phoenix-based startup and an emerging offensive security player, has closed its Series B round totaling $129 million led by WestCap. The Series B extension consists of $46 million from lead investor WestCap with additional participation from NextEquity and Rockpool Capital. The latest […]


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2.3K Views


Featured  / Startup Spotlight  / Technology News
Shopee, the Amazon of Asia, announces new job cuts in addition to about 7,000 employees already laid off in the last 6 months
Nickie Louise Posted On November 15, 2022


The economic recession that started in the United States early this year is beginning to spread to the Asian market. Ecommerce giant Shopee, also known as the Amazon of Asia, becomes the latest tech company to announce a new round of layoffs. […]


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869 Views


Acquisition  / Featured  / FinTech  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Japanese unicorn startup Opn acquires MerchantE from Integrum Holdings to make inroads into the US market
Nickie Louise Posted On November 15, 2022


Opn, a Japanese unicorn startup and digital payments processor, has acquired Alpharetta, Georgia-based tech startup MerchantE from U.S. investment firm Integrum Holdings to make inroads into the U.S. online payment market. The total amount of the transaction was not disclosed, but a […]


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980 Views


Startup Spotlight  / Technology News
Elon Musk fires a Twitter engineer who admits he knew the Android app was slow but never bothered to fix it: “He’s Fired”
Daniel Levi Posted On November 14, 2022


Elon Musk didn’t become an overnight billionaire by accident. He not only outworks most people but also outsmarts them with laser-focused execution and achieving results even when all cards are stacked against him. Musk’s work ethic was on display after he tweeted an […]


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947 Views


Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Disgraced FTX founder Sam Bankman-Fried lists his $40 million penthouse for sale in the Bahamas
Daniel Levi Posted On November 14, 2022


Disgraced FTX founder and former CEO Sam Bankman-Fried has reportedly listed his $40 million penthouse for sale in the Bahamas. The revelation comes less than a week after Bankman-Fried resigned from the company as the CEO. The 12,000 square-foot penthouse is […]


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1.5K Views


Startup Spotlight  / Tech Startup News  / Technology News
Amazon to lay off 10,000 employees, NYT
Daniel Levi Posted On November 14, 2022


Amazon is planning to lay off approx. 10,000 employees in corporate and technology jobs starting as soon as this week, the New York Times reported, citing people with knowledge of the matter said. The layoff would be the largest job […]


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910 Views


Featured  / Gaming  / Sports  / Startup Funding  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
London-based gaming startup Landmark raises $4.6m in seed funding for a new take on social gameplay
Nickie Louise Posted On November 14, 2022


In this time of social and global division, London, England-based mobile gaming startup Landmark Games believes adventures can bring us closer together and great social experiences through its social gameplay playable only on smartphones. Landmark was launched just a year ago by the […]


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895 Views


Environment  / Featured  / Startup Spotlight  / Technology News
Jeff Bezos to donate his $124 billion net worth to “fighting climate change and unify humanity in the face of deep social and political divisions”
Nickie Louise Posted On November 14, 2022


On July 7, 2021, Jeff Bezos stepped down as Amazon’s CEO, the company he founded in a home garage in 1994. Following the announcement, Bezos said he planned to spend the rest of his time on passion projects like his space company […]


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1.2K Views


Crowdfunding Campaigns  / Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Visa ends global debit card partnership with bankrupt crypto exchange FTX
Nickie Louise Posted On November 14, 2022


Following the collapse of FTX last week, companies have begun to cut their ties with the now-bankrupt crypto exchange. The latest is Visa, the world’s largest payments processor. On Sunday, Visa announced it was severing its global credit card agreements with collapsed […]


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1.1K Views


Bitcoin  / Cryptocurrency  / Ethereum  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Crypto.com seeks to reassure jittery investors after accidental transfer of $400 million Ethereum tokens to Asian crypto exchange Gate.io
Nickie Louise Posted On November 14, 2022


In the wake of the FTX scandal and fallout, Crypto.com CEO Kris Marszalek took to Twitter on Friday to reassure jittery investors that the company is financially sound and not facing the same liquidity crisis that led to the fall of […]


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945 Views


Featured  / Health  / HealthTech  / Social Media  / Startup Spotlight  / Technology News
Verified fake Twitter account with $8 blue check caused Eli Lilly and other pharmas to lose billions: “Insulin is free”
Daniel Levi Posted On November 11, 2022


Early this month, Elon Musk introduced the $8/month blue checkmark subscription verification service. The service allows anyone who paid for a “blue check” to be verified. Calling it “Power to the people,” Musk said at the time of launch that “Twitter’s current lords […]


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1.6K Views


Featured  / Startup Spotlight  / Technology News
Twitter suspends $8 blue checkmark subscription verification service, citing impersonation abuse
Nickie Louise Posted On November 11, 2022


Just ten days after Elon Musk announced the $8 per month blue checkmark, Twitter has now suspended the subscription verification service, citing impersonation abuse. The social giant also restored the ‘official’ badge to some accounts. The move follows a surge […]


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956 Views


Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
FTX files for bankruptcy, founder and CEO Sam Bankman-Fried resigns
Daniel Levi Posted On November 11, 2022


Sam Bankman-Fried (also known as SBF) has resigned as the CEO of the crypto exchange FTX Group. John J. Ray III has been appointed the new CEO effective immediately. The sudden announcement comes just a day after SBF warned FTX investors of […]


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1.7K Views


Acquisition  / Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Thomson Reuters acquires tax automation software startup SurePrep for $500 million
Nickie Louise Posted On November 11, 2022


After a daily barrage of news in the past five days over the collapse of the crypto market, we finally have some good news to share. Today, Thomson Reuters announced Friday it has acquired SurePrep, a 1040 tax automation software provider […]


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760 Views


Cryptocurrency  / Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
BlockFi suspends withdrawals as fear of insolvency and liquidity crunch spreads across crypto markets
Nickie Louise Posted On November 11, 2022


While all eyes are on the collapse of FTX, another storm is brewing at BlockFi, a distressed crypto exchange that FTX bailed out in June with a $250 million revolving credit. Now, BlockFi is again fighting for its survival and […]


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890 Views


Featured  / FinTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Cairo’s fintech startup Blnk bags $32 million to enable instant consumer credit for the underserved in Egypt
Nickie Louise Posted On November 10, 2022


As tech startups in the United States and Europe struggle to raise new funding, fintech startups in the Middle East and North Africa (MENA) region continue to thrive as they empower and democratize finance for customers and underserved SMEs. In a […]


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1.2K Views


Featured  / Startup Spotlight  / Technology News
Elon Musk bans remote work in his first email to Twitter employees. The “road ahead is arduous”
Nickie Louise Posted On November 10, 2022


It’s now two weeks since Elon Musk takes ownership of Twitter and some of the company’s policies have changed. Before Musk takes the helm of the social giant, Twitter had a permanent work-from-anywhere policy for its employees. That policy has now changed. […]


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993 Views


Cryptocurrency  / Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
FTX, a crypto exchange once valued at over $32 billion, is now worth only $1, Bloomberg
Nickie Louise Posted On November 9, 2022


Today is probably the craziest day we’ve ever seen in crypto markets. We’re watching the entire crypto industry unravel before our eyes as we witnessed the rise and fall of the once high-flying crypto exchange FTX. Once dubbed as the […]


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1.1K Views


Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Binance walks away from FTX deal, WSJ
Daniel Levi Posted On November 9, 2022


Earlier today, we reported that Binance was strongly considering backing out of the FTX deal after learning that FTX’s financials are worse than let on. Now, the Wall Street Journal (WSJ) has just learned that Binance has backed out of the […]


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726 Views