November 16, 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

Artificial Intelligence  / Emerging Technology  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Enflame, a Tencent-backed AI chip startup, raises $274 million in funding from state-linked investors, others
Nickie Louise Posted On September 28, 2023


Investors are showing no signs of slowing down as they continue to inject billions of dollars into artificial intelligence (AI) startups as the AI race heats up. Just a few days ago, we covered the news about Amazon’s substantial move, […]


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ChatGPT can now browse the internet in real-time, no longer limited to data before 2021
Nickie Louise Posted On September 27, 2023


The moment many ChatGPT users have been waiting for has finally arrived. OpenAI said on Wednesday that ChatGPT users will now be able to browse the internet and search the web for current information taken directly from “current and authoritative” […]


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Flexport fired its CEO, CFO and HR chief resigned, 15 months after the logistics startup raised $1 billion in funding
Daniel Levi Posted On September 27, 2023


Early this month, Flexport founder Ryan Petersen removed Dave Clark as CEO and took back the reins of his supply chain software startup. Just three weeks later, Flexport has now fired its chief financial officer (CFO) Kenny Wagers, and its head […]


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1.1K Views


Artificial Intelligence  / Emerging Technology  / Metaverse  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News  / VR  / Wearables
Zuckerberg says Meta is not giving up on metaverse ambition; hints at AR/VR investments at annual Connect conference
Nickie Louise Posted On September 27, 2023


Despite a massive loss of $13.7 billion in 2022 and a public shift and interest in artificial intelligence, Meta founder and CEO Mark Zuckerberg said the social giant remains committed to the metaverse and isn’t giving up on the metaverse […]


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Gringo raises $30M in Series C funding to offer super app to Brazilian drivers and motorcycle owners
Nickie Louise Posted On September 27, 2023


Gringo, a Brazilian startup that offers a super app tailored for both car drivers and motorcycle owners, has secured $30 million in Series C funding to facilitate the expansion of its automotive credit and insurance product offerings and the introduction […]


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620 Views


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Shopify invests in wholesale platform Faire, valuing the e-commerce startup at $12.59 billion
Nickie Louise Posted On September 27, 2023


Shopify announced today that it’s making a strategic investment in wholesale platform Faire. The move comes as the e-commerce giant seeks to offer more Business-to-Business (B2B) tools to its merchants. The financial details of the transaction, including the investment amount […]


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870 Views


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OpenAI seeks $90 billion valuation in potential share sale
Nickie Louise Posted On September 26, 2023


OpenAI is in talks with potential investors regarding a prospective stock offering, a move that could place the creator of ChatGPT at an estimated valuation range of $80 billion to $90 billion. The new valuation marks a threefold increase from […]


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509 Views


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Tquila Automation raises $20M in Series A funding, acquires healthcare intelligent automation leader Element Blue
Nickie Louise Posted On September 26, 2023


Tquila Automation, a startup that offers intelligent automation solutions for the healthcare sector, has closed $20 million in Series A funding. Leading this round is Delta-v Capital, with participation from Tquila and Momentum Partners. In conjunction with this funding milestone, […]


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1.0K Views


Featured  / FinTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Series raises $25M in funding to replace ERP systems and revolutionize financial operations
Nickie Louise Posted On September 26, 2023


Navigating the intricate web of financial operations is a challenge for many businesses, juggling tasks like payments, global payroll, and HR management, alongside treasury management. The complexity only intensifies when integration with external entities is required. To address this, three […]


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1.8K Views


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Israeli tech startups raised $1.37 billion in the third quarter, a sign of stabilization in startup investments
Nickie Louise Posted On September 26, 2023


Israeli high-tech companies raised a total of $1.7 billion in the third quarter of this year, according to the preliminary data shared on Tuesday by the IVC Research Center and LeumiTech. This substantial investment is a clear indicator that investment […]


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414 Views


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Particle Network surpasses 15 million activated wallets after launching Wallet-as-a-Service V2
Nickie Louise Posted On September 26, 2023


Web3 infrastructure provider Particle Network has hit a major milestone following the rollout of Wallet-as-a-Service (WaaS) V2. Since V2’s announcement, the number of wallet activations has surpassed 15 million, a record that has been achieved within just 12 months of […]


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343 Views


Artificial Intelligence  / Emerging Technology  / Launch  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
ChatGPT can now see, hear, speak, and engage in voice conversations like Apple’s Siri
Daniel Levi Posted On September 25, 2023


The AI race has reached a new level as OpenAI announced major enhancements to its widely-used chatbot. In a significant upcoming update scheduled for early next month, OpenAI revealed it’s rolling out a new set of voice and image capabilities […]


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487 Views


Cybersecurity  / Hacking  / Security  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Hackers stole $200 million from Hong Kong-based crypto exchange Mixin, the largest this year
Nickie Louise Posted On September 25, 2023


Despite the recent downtrend in the cryptocurrency market, crypto hackers and malicious actors continue to target cryptocurrency exchanges around the globe. The most recent victim of cyberattackers is Mixin, a Hong Kong-based cryptocurrency exchange. Today, Mixin announced on X (formerly […]


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436 Views


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Starlink user base doubles to 2 million in just 9 months
Nickie Louise Posted On September 25, 2023


Elon Musk’s SpaceX-owned internet venture, Starlink, has achieved a significant milestone, surpassing 2 million active users in over 60 countries across all seven continents. What’s so remarkable about this achievement is that, in just four months, Starlink grew from 500,000 […]


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436 Views


Environment  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
German Biomaterials startup Traceless raises $39M in funding to tackle plastic pollution
Daniel Levi Posted On September 25, 2023


The global issue of plastic pollution is an alarming crisis that impacts both humans and wildlife across the planet. Every year, more than 400 million tons of plastic are produced with a large portion thrown into the oceans, posing a […]


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537 Views


Software  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Top European investor raises $700M to invest in B2B software startups, defying VC funding slump
Nickie Louise Posted On September 25, 2023


The venture capital funding drought is not over yet but one of  Europe’s largest venture capital funds dedicated to B2B software is bucking the trend with the announcement of millions in funding to invest in promising early-stage tech startups. Dawn […]


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349 Views


Artificial Intelligence  / Emerging Technology  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Amazon to invest $4 billion in generative AI startup Anthropic as AI race heats up
Nickie Louise Posted On September 25, 2023


Just a month after raising $100 million from South Korea’s SK Telecom to take on ChatGPT, Anthropic, an AI startup backed by Google,  has attracted the attention of Amazon.com with blockbuster investment. Amazon announced on Monday that it is investing up […]


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597 Views


Artificial Intelligence  / Blockchain  / Emerging Technology  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Blockchain and Tech Startups: Paving the Way for the Future
Daniel Levi Posted On September 22, 2023


In the ever-evolving sphere of technology and innovation, few phenomena have wielded a more profound influence than blockchain. But beyond this disruption, blockchain has become a fertile ground for tech startups, illuminating the path toward an innovative future. In recent […]


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850 Views


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These 5 big tech companies now represent about 25% of the entire S&P 500’s market cap
Nickie Louise Posted On September 22, 2023


In a clear illustration of the growing consolidation of wealth within a handful of major tech corporations, a recent chart published by Bloomberg highlights the fact that the top five big tech companies now collectively account for approximately a quarter […]


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709 Views


Featured  / Layoff  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Foodpanda cuts more jobs after 1,000 layoffs in February, now up for sale
Nickie Louise Posted On September 22, 2023


Singapore-based food delivery startup Foodpanda confirmed on Friday that it is conducting a new round of layoffs as part of the company’s effort to cut costs and stay competitive. The company did not disclose the number of affected employees or […]


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994 Views