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

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Mesh raises $22 million in Series A funding to help people manage their digital assets
Nickie Louise Posted On September 21, 2023


Mesh, a crypto startup facilitating the transfer of digital assets and the acceptance of cryptocurrency payments, has successfully closed a Series A funding round, securing a total of $22 million in investments. This funding marks a pivotal step for Mesh […]


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Cisco acquires cybersecurity firm Splunk for $28 billion in cash
Nickie Louise Posted On September 21, 2023


In a strategic move aimed at bolstering its software division and tapping into the growing demand for artificial intelligence, Cisco Systems announced Thursday it has agreed to buy cybersecurity firm Splunk in an all-cash deal valued at $28 billion, Reuters […]


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Roblox acquires voice tech startup Speechly to add voice chat moderation to its platform
Nickie Louise Posted On September 20, 2023


Roblox has acquired Y Combinator-backed voice tech startup Speechly to bolster its platform with voice chat moderation features. The news of the acquisition just two years after the gaming giant announced it was integrating voice chat on its Roblox platform. […]


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Legit Security raises $40M to help enterprises identify app vulnerabilities and deliver software securely
Daniel Levi Posted On September 20, 2023


Legit Security, an Israeli cybersecurity startup that provides application security for enterprises, has raised $40 million in a Series B funding round led by CRV, with participation from existing investors Cyberstarts, Bessemer Venture Partners, and TCV. The last round brings […]


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Klaviyo makes IPO debut, valuing the marketing automation startup at $9.2 billion
Nickie Louise Posted On September 20, 2023


Marketing automation startup Klaviyo finally made its US market debut on Wednesday. The Boston, MA-based startup successfully completed its initial public offering (IPO) with a valuation of $9.2 billion, surpassing its originally indicated price range. The company announced the pricing of […]


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German self-driving startup Fernride secures $50M to boost its “human-assisted” autonomous freight trucks
Nickie Louise Posted On September 20, 2023


German autonomous vehicle startup Fernride has secured $50 million in Series A funding to further enhance the deployment of its “human-assisted” self-driving freight trucks within customer logistics yards, the company announced on Wednesday. Originally, the Munich-based startup had closed its […]


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720 Views


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Legal AI startup Paxton AI lands $6 million in seed funding to become AI legal assistant for lawyers
Daniel Levi Posted On September 19, 2023


In 2022, we featured a story about ZERØ, a California-based legal AI startup that streamlines labor-intensive tasks for lawyers. This innovative company was founded, in part, due to the work of one co-founder in the realm of cancer image detection […]


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585 Views


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91% of Startups Fail: Here are the top 25 reasons why startups fail in 2022
Nickie Louise Posted On September 19, 2023


Last December, we dedicated an article to reflect upon the startups that didn’t make it through 2022. The previous year posed unique challenges for technology companies, particularly startups. As we’ve consistently highlighted, the startup landscape is notorious for its high […]


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696 Views


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Elon Musk says Twitter, now X, will charge all users ‘a small monthly’ subscription fee to use its service
Nickie Louise Posted On September 19, 2023


Are you ready to pay to use X (formerly Twitter)? The popular social media platform is planning to introduce a monthly fee for all users. Elon Musk said yesterday that all X’s users will soon have to pay “a small […]


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GFT, a deep tech VC launched by ex-Nvidia and Samsung execs, raises $140M for its first fund to invest in early-stage startups
Nickie Louise Posted On September 19, 2023


Global Frontier Technology Ventures (GFT), a deep technology venture capital firm based in Palo Alto, California, has raised $140 million for its first fund, Fund I. The inaugural fund will focus on supporting early-stage startups in the fields of Artificial […]


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Instacart makes IPO debut: Share price sets at $30, valuing the grocery delivery startup at nearly $10 billion
Nickie Louise Posted On September 19, 2023


We’ve been covering the story of Instacart’s IPO for about two years. Now the highly anticipated day has arrived. Instacart, the popular grocery delivery app, has officially entered the Nasdaq stock exchange today. The company has priced its shares at […]


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Google rolls out new Bard features as its AI chatbot struggles to catch up with ChatGPT
Nickie Louise Posted On September 19, 2023


” In August, Bard garnered 183 million visits, which accounted for just 13% of ChatGPT’s traffic.” While Google reigns supreme in the realm of search engines, the crown for artificial intelligence (AI) chatbots undoubtedly belongs to OpenAI’s ChatGPT. This fact […]


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477 Views


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Missing F-35 fighter jet reportedly found in a field in Williamsburg County, South Carolina [updates]
Daniel Levi Posted On September 18, 2023


In less than 24 hours since the US military requested public assistance in locating the missing $80 million F-35 stealth jet, various reports and speculations are circulating on social media, particularly on X (formerly Twitter), regarding the jet’s potential whereabouts. […]


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Mark Cuban loses $800,000 in a crypto phishing attack
Daniel Levi Posted On September 18, 2023


Renowned billionaire and Shark Tank investor Mark Cuban has become the second high-profile person to fall victim to a crypto phishing scam, resulting in a loss of nearly one million dollars. This incident took place shortly after a similar occurrence […]


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381 Views


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Tesla wins as strike between Detroit automakers and UAW reaches day four
Nickie Louise Posted On September 18, 2023


While all eyes are on the ongoing labor dispute between Detroit’s car manufacturers and their unionized United Auto Workers (UAW), one clear winner is already emerging—Elon Musk. The UAW went on strike on Friday, September 15, 2023, after negotiations with […]


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Web3 compliance startup Swisstronik raises $5M seed funding, launches private token sale for early adopters
Nickie Louise Posted On September 18, 2023


In the rapidly evolving world of decentralized finance (DeFi) and blockchain technology, regulatory compliance has become a paramount concern as regulators around the world are grappling with how to best oversee this rapidly changing space. Web3, a term often used […]


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707 Views


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Online grocery delivery startup Instacart’s $9.3 billion IPO is tomorrow, to raise $660 million 
Nickie Louise Posted On September 18, 2023


Instacart’s long-awaited IPO is finally here after months of waiting. The online grocery delivery startup is set to go public this Tuesday, marking one of the year’s most highly anticipated public offerings. Following the successful IPO of Arm, a chip […]


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380 Views


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AI startup Fourth Paradigm to raise $144 million in Hong Kong IPO
Nickie Louise Posted On September 18, 2023


Chinese AI startup Fourth Paradigm is selling 18.4 million shares in a price range of HK$55.60 to HK$61.16 each as it aims to raise up to $161 million from its initial public offering (IPO). Fourth Paradigm is one of the […]


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429 Views


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France bans iPhone 12 sales due to high radiation levels; Apple to issue software update for iPhone 12 users
Nickie Louise Posted On September 15, 2023


Earlier this week, Apple unveiled its iPhone 15 Pro featuring a titanium case and USB-C charging. However, the launch was overshadowed by news from France. A French government watchdog agency ordered Apple to withdraw the iPhone 12 from the French […]


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Arm IPO Debut: Shares jump 25%, valuing SoftBank-owned chip designer at $65 billion, up $10 billion
Nickie Louise Posted On September 15, 2023


After a series of setbacks, SoftBank finally had a major win. The Japanese tech giant successfully launched the long-anticipated IPO of its chip design startup, Arm. The IPO got off to a strong start, with Arm’s shares rallying nearly 25% […]


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