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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

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The world’s largest stablecoin dropped below its $1 peg as crypto carnage continues
Daniel Levi Posted On May 12, 2022


While everybody was talking Terra Luna stablecoin, it turns out there is a bigger problem brewing in the crypto market–Tether (also known as USDT), the world’s largest stablecoin. This morning, Tether fell below its $1 peg as the collapse of Terra […]


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JP Morgan leads a $300 million financing in Irish fintech startup Wayflyer to provide loans to e-commerce merchants
Nickie Louise Posted On May 12, 2022


Wayflyer, an Irish fintech startup that provides funding for online e-commerce businesses, announced Thursday it has secured and begun deploying $300 million in debt financing from Wall Street giant J.P. Morgan. With this cash infusion, Wayflyer said it expects to advance […]


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Bitcoin briefly falls below $24,000 as Terra’s LUNA crash causes ripples in the crypto market
Nickie Louise Posted On May 12, 2022


The price of Bitcoin continues and there is no sign of when the carnage will stop. This morning, the price of Bitcoin briefly fell to under $24,000 on Bitstamp, according to data from Cointelegraph Markets Pro and TradingView. In a post […]


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Bitcoin  / Cryptocurrency  / Ethereum  / Startup Spotlight  / Technology News
Terra Luna stablecoin collapses 99% overnight as crypto investors lost their life savings
Nickie Louise Posted On May 11, 2022


It’s a bloodbath Wednesday for cryptocurrency and stablecoins. Earlier today, we wrote about the carnage in the crypto market after Bitcoin fell to a little above $29,000. Since then, the world’s most popular cryptocurrency has fallen further to $28,555.90 as […]


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Concentric AI lands $14.5 million in Series A funding to autonomously secure business-critical data
Nickie Louise Posted On May 11, 2022


Data is the lifeblood of every business. Today’s organizations are awash in business-critical data that they can’t protect. With tech headlines filled with daily news of data breaches, threats against business-critical data are growing at an astronomical rate. The problem […]


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FinTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Goldman Sachs, others back a $250M investment in fintech startup Deserve to power real-time credit card economy
Daniel Levi Posted On May 11, 2022


As countries around the world put the pandemic behind them, business activities are picking back up again to the pre-pandemic levels as businesses experience a surge in consumer demands. A recent study from the Mercator Advisory Group found that small businesses […]


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Software  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
PLG (Product Led Growth) Is the Hottest Trend – Here’s Why
Nickie Louise Posted On May 11, 2022


With client acquisition costs soaring, a new go-to-market strategy referred to as product-led growth (PLG) has emerged. Typically, software sales and marketing methods have been somewhat rigid. The prospect goes through the initial meeting to see if they are a […]


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Bitcoin plunges to $29,000 as the crash left 40% of crypto investors underwater. Going to zero?
Daniel Levi Posted On May 11, 2022


Going ‘To Zero,’ that was the headline from Forbes Magazine early this morning. As the bubble finally popped? Just last month, the world’s most popular cryptocurrency was trading above $41,000. In just three weeks, Bitcoin has lost more than half its […]


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Berlin-based Bliq raises $13.5 million series A to help gig economy drivers earn more
Nickie Louise Posted On May 11, 2022


The ongoing pandemic has accelerated the growth of the gig economy as a record 4.3 million Americans voluntarily quit their jobs to maintain a work-life balance. The shift to the “gig economy” has also created opportunities for a new breed of startups focused […]


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London-based Guider raises $3 million to grow its mentoring platform and expand its global footprint
Nickie Louise Posted On May 11, 2022


Early this year, we wrote a piece about how the great resignation has led to over 20 million people quitting their jobs in the second half of 2021. The number was one of the highest “quit rates” ever recorded since the US […]


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Bitcoin  / Cryptocurrency  / DeFi  / Ethereum  / NFT  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
The History of NFTs – Bitcoin to Ethereum and Back Again
Daniel Levi Posted On May 11, 2022


Hate them or love them, it’s unlikely that you haven’t heard of NFTs in 2022. Even if you don’t regularly move in blockchain spaces, news like one single NFT being sold for $69 million or the Bored Ape Yacht Club […]


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Privacy  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Clearview AI, the controversial facial-recognition startup that scans people’s photos without permission, agrees to limits to settle lawsuit
Nickie Louise Posted On May 10, 2022


Clearview AI is a controversial facial-recognition AI app used by more than 600 law enforcement agencies, including the FBI and Department of Homeland Security to collect photos on social media sites for inclusion into a massive facial-recognition database. Today, Clearview […]


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BioTech  / Featured  / Startup Funding  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Israeli biotech startup OncoHost raises $35 million in funding to personalize cancer treatment using AI
Daniel Levi Posted On May 10, 2022


Cancer is one of the leading causes of death in the United States. In 2017, every sixth death in the world is due to cancer, according to data from the Global Burden of Disease which estimates that 9.56 million people […]


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DeFi  / Launch  / Startup Spotlight  / Technology News
Hyperdex launches mainnet to bring its DeFi investment platform to everyday users
Nickie Louise Posted On May 10, 2022


Decentralized finance (DeFi) has been gaining a lot of momentum since the idea was first born in August 2018. As an ecosystem of financial applications being built with blockchain technology, DeFi aims to democratize finance by replacing legacy and centralized banking and financial institutions with […]


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Featured  / Startup Spotlight  / Technology News
Big tech lost more than $1 trillion in value in the last three trading days of market rout
Nickie Louise Posted On May 10, 2022


The elite trillion-dollar big tech club known as MAMATA used to be worth a combined market value of $10 trillion. But that changed this week after the turmoil in the stock market caused the tech giants to lose over $1 trillion of […]


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Blockchain  / DeFi  / Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Anchain deploys Next-Gen Web3 Analytics on Elrond to Boost Compliance and Fraud Prevention
Nickie Louise Posted On May 10, 2022


We covered Elrond back last year after the developer of internet-scale blockchain infrastructure for Web3 payments, DeFi, and the new Metaverse economy, partnered with Holoride to introduce blockchain and NFTs for the world’s first immersive in-vehicle media platform. Since then, Elrond has grown exponentially and its […]


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Featured  / Robotics  / Startup Funding  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Israel-based Cogniteam raises $5.6M in Series A funding to enhance its low-code AI robotics platform Nimbus
Daniel Levi Posted On May 9, 2022


In October 2021, we covered Cogniteam after the Tel Aviv, Israel-based robotics startup unveiled its Nimbus operating system, a cloud-based drag-and-drop platform for robotics development that promises to cut time to market by 80% for new robotics programs. Fast forward […]


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HireLogic scores $4M in Seed funding to modernize the antiquated interview processes and identify the best candidates for companies using AI
Nickie Louise Posted On May 9, 2022


The hiring landscape is more competitive than ever before. In the summer of 2021, a record 4.3 million Americans voluntarily quit their jobs in what some are calling the beginning of the “Great Resignation.” The number is a reminder of the problem faced by […]


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BioTech  / Research  / Startup Spotlight  / Technology News
DNA sequencing company Illumina ordered to pay $333 million for infringing on patents of Chinese genomics company BGI Group
Daniel Levi Posted On May 9, 2022


Early last year, we wrote about Illumina after the DNA sequencing company partnered with venture capital firm Sequoia Capital to launch a genomics incubator in China. Little did we know at the time that the company was going through a […]


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Bitcoin  / Cryptocurrency  / Ethereum  / Featured  / Startup Spotlight  / Technology News
Bitcoin lost half its value; down 50% from its peak to below $30,500
Daniel Levi Posted On May 9, 2022


The turmoil in the stock market turmoil continues to spill over into the cryptocurrency markets. Just last week, Bitcoin was trading at a little over $36,000. Now, the world’s most popular cryptocurrency has shed all its gain and has fallen […]


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