November 17, 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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How Elon Musk rate limit on Twitter exposes massive AI data scraping by the Censorship Industrial Complex
Daniel Levi Posted On July 3, 2023


Over the weekend, Twitter owner Elon Musk imposed limits on the number of posts that users could read in what he described as a temporary move that targets “extreme levels of data scraping and system manipulation” by other companies and […]


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Amsterdam-based tech startup Aito bags €6M to bring its finger sensing and haptic touch solutions to market
Daniel Levi Posted On June 30, 2023


Amsterdam-based tech startup Aito has secured a new round of funding backed by existing investors KBC Focus Fund, FORWARD.One and Innovation Industries as well as individual high net worth investors. The latest round, which brings the company’s total funding to […]


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Apple tops $3 trillion in market cap
Nickie Louise Posted On June 30, 2023


Four years ago, we reported on Apple’s historic achievement as the first U.S. company to reach a market valuation of $1 trillion on August 2, 2018. Since then, Apple’s market value has continued to soar, marking significant milestones along the […]


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Latin America unicorn startup Merama lays off nearly 10% of its workforce to refocus on strategy
Nickie Louise Posted On June 30, 2023


Merama, a Latin America-based e-commerce startup that achieved unicorn status within just a year in business, has laid off nearly 10% of its staff, according to an exclusive report from Reuters, citing a statement from the company CEO Sujay Tyle. […]


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dYdX Trading launches its public testnet for v4; set to go live on July 5th at 17:00 UTC
Daniel Levi Posted On June 29, 2023


While cryptocurrencies like Bitcoin and Ethereum continue to surge in popularity, a growing crypto trend that has received less attention is crypto derivatives. Just like traditional derivates, crypto derivatives are financial instruments that derive value from an underlying crypto asset. […]


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Inflection AI, an AI startup founded by LinkedIn and DeepMind co-founders, raises $1.3 billion from Nvidia and others
Daniel Levi Posted On June 29, 2023


Just less than a month after launching its AI chatbot to take on OpenAI’s ChatGPT, Microsoft-backed AI startup Inflection announced today it has raised $1.3 billion in funding, from investors including Microsoft and Nvidia, as the AI boom continues with […]


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BobaBNB sets a new record of over 3 million transactions in May, fueled by the growth of the ROVI Network
Daniel Levi Posted On June 29, 2023


We covered BobaBNB last month after the startup set a new record with 2.8 million transactions processed, surpassing 45,000 wallets. Now the startup has just broken its previous record and achieved a new significant milestone. Today, Boba Network, the only […]


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521 Views


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China’s Meituan to buy AI tech startup Light Year from co-founder to make a push into generative AI
Daniel Levi Posted On June 29, 2023


Chinese food delivery giant Meituan announced on Thursday it’s acquiring artificial intelligence (AI) startup Light Year from its co-founder and former director Wang Huiwen, as it aims to develop its own generative AI. The move comes at a time when […]


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Israel’s cybersecurity startup Nokod secures $8M seed round to bolster low-code/no-code app security
Nickie Louise Posted On June 29, 2023


The number of low-code platforms has surged in recent years. According to research from Gartner, the adoption of low-code/no-code platforms and robotic process automation (RPA) tools such as Microsoft PowerApps, ServiceNow, and UiPath is expected to reach around 65% of […]


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Workflow automation startup Parabola raises $24M in funding to help automate manual work without coding
Nickie Louise Posted On June 28, 2023


Parabola, a San Francisco-based startup that helps everyone automate their manual tasks without coding, announced today it has secured $24 million in Series B funding to hire more staff and bolster its research and development (R&D) efforts. The round, which brings […]


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633 Views


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OnePlus co-founder Carl Pei’s smartphone startup Nothing raises $96M to build the “Apple Of Android”
Nickie Louise Posted On June 28, 2023


Nothing, a London-based smartphone startup founded by OnePlus co-founder Carl Pei, has raised $96 million in funding led by European venture capital firm Highland Europe, with participation from existing investors including GV, EQT Ventures, and C Capital also investing, along […]


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645 Views


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Versori, a UK-based tech startup, gets $3.5M in funding to grow its AI-powered data infrastructure platform
Nickie Louise Posted On June 28, 2023


Handling data manually is a tedious and demanding process that involves a lot of labor, and resources, and carries a high risk of errors. It can also be quite costly. This applies not only to transforming data but also to […]


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Google is laying off employees at Waze; merges the popular navigation app with its own mapping products
Nickie Louise Posted On June 28, 2023


Google is cutting jobs at its popular navigation app Waze as it continues to merge the unit with its own mapping products, CNBC reported on Tuesday. According to the report, the decision comes as the tech giant plans to integrate Waze […]


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509 Views


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The Next Great Leap in Blockchain Interoperability
Daniel Levi Posted On June 28, 2023


The future of blockchain technology is interoperability. But historically, blockchain interoperability hasn’t come easy. The Bitcoin whitepaper was published in 2008 but it wasn’t until the last few years that the concept even began to emerge in any practical form. […]


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AI startup HyperCycle launches HyperPG in partnership with Penguin Group to enable Paraguay to utilize its hydropower infrastructure for AI computation
Nickie Louise Posted On June 27, 2023


Since the launch of OpenAI ChatGPT in November, there has been a remarkable surge in interest surrounding artificial intelligence. Businesses across various sectors are now actively seeking ways to incorporate generative AI into their systems. However, this heightened demand underscores the […]


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EV tech startup Faraday Future raises $90M in funding for the production launch of its FF91 electric SUV
Daniel Levi Posted On June 27, 2023


The ongoing global economic downturn has led to a funding drought, forcing tech startups to lay off some of their employees and freeze hiring while also making it difficult for them to raise new funding. One of the startups feeling […]


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546 Views


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Realtime Robotics raises $9.5M in additional funding for its collision-free autonomous motion planning for industrial robots
Daniel Levi Posted On June 27, 2023


While the spotlight remains on generative AI, the funding landscape for automation and robotics startups is also thriving. Investors continue to pour billions into the space as companies like BMW leverage solutions from some of these startups to enhance speed […]


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Databricks scoops up OpenAI competitor MosaicML for $1.3 billion
Nickie Louise Posted On June 27, 2023


Investors continue to pour billions into generative artificial intelligence (AI) as demand for AI applications shows no sign of slowing down. This unrelenting flow of funds also manifests in the increased merger and acquisition activity. The latest is San Francisco-based Databricks. […]


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546 Views


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German climate startup 1KOMMA5°raises €430 million in funding to create ‘virtual power plant’ for your home
Daniel Levi Posted On June 26, 2023


The impact of climate change is undeniable, encompassing the entire globe and reaching an unprecedented scale. Extensive research reveals that about 75% of global greenhouse gas emissions, the main contributor to climate change, stem from the combustion of fossil fuels. […]


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Apollo Global leads a $2 billion private funding for chipmaker Wolfspeed
Daniel Levi Posted On June 26, 2023


Chipmaker Wolfspeed announced on Monday it has raised a total of $2 billion in private funding from a group of lenders led by private-equity firm Apollo Global. The debt financing, which includes a $1.25 billion secured note with an accordion […]


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