November 30, 2024
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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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SEC scores a major win in its lawsuit against Coinbase; case heads to trial as judge rules suit can proceed
Nickie Louise Posted On March 27, 2024


In a significant legal development, the US Securities and Exchange Commission (SEC) secures a pivotal win in its lawsuit against leading cryptocurrency exchange Coinbase. Following a ruling by a federal judge on Wednesday, it has been determined that the SEC’s […]


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Amazon fined $7.8 million by Poland’s consumer watchdog for misleading customers
Nickie Louise Posted On March 27, 2024


In a significant blow to e-commerce giant Amazon, Polish consumer watchdog UOKiK has slapped a hefty fine of 31 million zlotys (approximately $7.8 million) on the company. The fine comes as a consequence of alleged misleading practices regarding product availability […]


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KuCoin and its founders charged with money laundering and facilitating billions in criminal activity
Daniel Levi Posted On March 26, 2024


In a stunning development, the United States Department of Justice (DOJ) has indicted the cryptocurrency exchange KuCoin and two of its founders for purported violations of anti-money laundering (AML) laws. The charges stem from allegations that KuCoin failed to implement […]


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Seattle-based startup Recurrent aims to rate EV battery health like car mileage to help you know your EV’s driving range
Daniel Levi Posted On March 26, 2024


The bustling used car market dwarfs the new car market by more than double, and electric vehicles (EVs) are rapidly joining the fray. This presents a unique challenge: valuing these battery-powered vehicles. Unlike traditional gasoline cars, around 40% of what […]


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HealthTech startup Tennr raises $18M series A funding led by a16z to fix fax machines for healthcare using AI
Daniel Levi Posted On March 26, 2024


Fax machines, often considered relics of a bygone era, continue to pulse with life in the modern healthcare landscape, processing a staggering 9 billion transactions annually. Despite the rise of telephones and the internet, the healthcare sector clings to fax […]


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Alibaba to acquire remaining stake in Cainiao for up to $3.75 billion; shelves IPO plan
Nickie Louise Posted On March 26, 2024


In a surprising move, Chinese e-commerce behemoth Alibaba Group Holding has called off its plans for an initial public offering (IPO) of its logistics arm, Cainiao Smart Logistics Network. Instead, the company is opting to acquire the remaining 36% stake […]


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Reddit IPO makes OpenAI CEO Sam Altman $400 million richer
Nickie Louise Posted On March 26, 2024


In a thrilling market debut on Thursday, Reddit burst onto the New York Stock Exchange scene, sending its shares skyrocketing by an astonishing 70%. The impressive surge marked a formidable entry into the public market for the social media giant, […]


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Adam Neumann makes a $500 million bid to buy WeWork out of bankruptcy
Nickie Louise Posted On March 26, 2024


In February, we delved into Adam Neumann’s aspirations after the former WeWork CEO expressed interest in buying back the real-estate startup he co-founded 14 years ago. Fast forward to now, and Neumann has reportedly made a bold move with a […]


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Israeli fintech startup FundGuard raises $100M for global expansion of its AI-based investment platform
Nickie Louise Posted On March 25, 2024


Fundguard, an Israeli fintech startup renowned for its AI-powered global asset servicing platform, has just announced a significant milestone. The company revealed on Monday that it has successfully raised $100 million in a private funding round, marking a substantial step […]


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Fintech startup Goalsetter secures $9.6M in Series A Extension to grow its financial education platform
Nickie Louise Posted On March 25, 2024


Goalsetter, the fintech platform revolutionizing family finance and youth financial literacy, has closed a $9.6 million Series A extension, propelling its total funding to over $30 million since its last major funding round when we covered the fintech startup four […]


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Stability AI faces unstable future as CEO resigns to ‘pursue decentralized AI’
Nickie Louise Posted On March 25, 2024


In a surprising turn of events, Emad Mostaque, the founder and CEO of Stability AI, has resigned from the company amidst a series of high-profile departures and mounting investor pressure, leaving the startup in a state of uncertainty. This development […]


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From 20+ startup failures to $100 million a year success: Noah Kagan’s inspiring story and his advice to young entrepreneurs
Nickie Louise Posted On March 22, 2024


Are you in your twenties and feeling a bit lost in terms of your career direction? Well, you’re definitely not alone in that boat. This week, we want to share an inspiring story about an entrepreneur who faced numerous setbacks […]


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Microsoft strikes $650 million deal with Inflection AI to license its AI technology and talent
Nickie Louise Posted On March 22, 2024


In a move signaling Microsoft’s deepening commitment to AI, the tech titan has inked a deal with the promising AI startup Inflection, according to a report from Reuters. Sources close to the matter revealed that Microsoft will shell out nearly […]


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Reddit pops on IPO; shares soar as much as 70% in NYSE debut
Nickie Louise Posted On March 21, 2024


Reddit made a market debut on the New York Stock Exchange Thursday sending its shares soaring by a whopping 70%, marking an impressive entry into the public market. By the closing bell, Reddit’s shares ended up 48%, signaling a potential […]


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AI startup Borderless AI launches with $27 million in funding to speed up global hiring
Nickie Louise Posted On March 21, 2024


Investment in artificial intelligence (AI) remains red hot as investors continue to pour billions into promising AI technologies. The latest player to ride the AI funding wave is Borderless AI, a Toronto-based startup leveraging generative AI to revolutionize team onboarding […]


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Reddit’s long-awaited IPO priced at top range as valuation dips to $6.4 billion from $10 billion in 2021
Nickie Louise Posted On March 21, 2024


In a much-anticipated move, Reddit, the internet’s most famous online forum, has finally made its grand entrance onto the New York Stock Exchange stage, stirring up excitement among investors and setting a tone for forthcoming public listings in 2024. The […]


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AI startup Cohere in talks to raise $500 million in funding at $5 billion valuation
Nickie Louise Posted On March 21, 2024


Cohere, the Toronto-based AI startup challenging OpenAI with its revolutionary foundation models, is edging closer to closing a monumental funding round, according to exclusive reports from Reuters this morning. Sources close to the matter revealed that the company is in […]


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How to Spot Trends Before They Happen
Daniel Levi Posted On March 20, 2024


Understanding trends is vital for startups and businesses. Trends offer crucial insights into emerging market opportunities, consumer behavior, and competitive dynamics. By keeping a finger on the pulse of trends, businesses and founders can pinpoint fresh niches, address evolving customer […]


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Reddit sets to make public debut tomorrow at $$6.4B valuation as Reddit power users decline IPO offer
Nickie Louise Posted On March 20, 2024


Tomorrow marks a significant milestone for Reddit as it gears up for its much-awaited debut on the New York Stock Exchange, set for Thursday, March 21, with a valuation of $6.4 billion. The impending listing is poised to capture the […]


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Romanian startup Nordensa raises €1.65M seed round to grow its fan-backing football talent platform
Nickie Louise Posted On March 20, 2024


Romanian tech startup Nordensa has raised €1.65 million in seed funding to grow the world’s first fan-powered platform revolutionizing football talent discovery through fan engagement. This funding injection is set to fuel Nordensa’s mission of empowering fans and enhancing its […]


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