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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Amazon invests $100 million in generative AI center as demand for AI applications soars
Nickie Louise Posted On June 26, 2023


The AI boom sparked by the sudden success of OpenAI ChatGPT continues to gain momentum without any signs of slowing down. Since the launch of ChatGpt in November of last year, investors have billions of dollars into generative artificial intelligence […]


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IBM to acquire Apptio for $4.6 billion to bolster its cloud and automation capabilities
Nickie Louise Posted On June 26, 2023


IBM announced on Monday it will acquire technology spend-management platform Apptio from Vista Equity Partners in a deal valued at $4.6 billion. The acquisition will strengthen IBM’s IT automation and cloud capabilities while providing enterprises with the means to maximize […]


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Autonomous-vehicle startup Kodiak Robotics inks a deal to equip its self-driving software in 800 Loadsmith trucks
Nickie Louise Posted On June 23, 2023


It’s been quite some time since we last covered Kodiak Robotics, an autonomous vehicle startup co-founded by seasoned veteran Otto/Google Veteran Don Burnette and Venture Capitalist Paz Eshel with the goal of revolutionizing the field of long-haul trucking. Back in 2018, […]


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660 Views


Startup Spotlight  / Technology News
Battle of the billionaires: Musk VS Zuckerberg in a “cage fight”- who would win?
Daniel Levi Posted On June 22, 2023


In what will surely be remembered as the most epic Pay Per View showdown ever, two tech moguls are gearing up to face off against each other. Elon Musk took to Twitter on Wednesday that he would be “up for […]


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Eli Lilly acquires biotech firm Dice Therapeutics for $2.4 billion
Nickie Louise Posted On June 22, 2023


The pharmaceutical industry encompasses more than just weight-loss drugs. Eli Lilly, a prominent drug-making company, announced on Tuesday that it has agreed to acquire Dice Therapeutics, a specialized firm that focuses on developing oral treatments for autoimmune diseases. The deal, […]


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Struct Finance launches customizable interest rate products to enable DeFi users to earn predictable returns
Daniel Levi Posted On June 21, 2023


While ChatGPT has undeniably dominated news headlines in recent months, it would be remiss to overlook other exciting developments in the tech world, particularly within the realms of blockchain and cryptocurrency. As the economy gradually recovers, there is a renewed […]


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DexCare raises $75M Series C led by ICONIQ Growth to match patients with the right healthcare provider
Daniel Levi Posted On June 21, 2023


According to the latest estimate, over 100 million Americans currently encounter obstacles when trying to access healthcare, primarily due to factors such as the closure of rural hospitals and shortages of physicians. These challenges have significantly limited individuals’ ability to […]


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Estonian ride-hailing food delivery startup Bolt partners with Starship to use robots to deliver food in 45 countries
Nickie Louise Posted On June 21, 2023


Back in 2021, we reported on Bolt after the Estonian ride-hailing startup secured a massive $713 million in funding to venture into the rapidly expanding online grocery delivery industry. Early last year, Bolt also raised $709 million to expand its […]


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Neptune Retail to buy Coupons.com parent company for $430 million in cash
Nickie Louise Posted On June 20, 2023


Neptune Retail Solutions, a provider of in-store and digital incentive marketing services announced Tuesday it is buying Quotient Technology, the parent company of Coupons.com, in a deal valued at $430 million in cash. The acquisition marks a significant milestone for […]


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662 Views


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Alibaba CEO to step down; to be replaced by Jack Ma’s close confidant, Eddie Yongming Wu
Daniel Levi Posted On June 20, 2023


In a surprise announcement on Tuesday, Alibaba Group said that current CEO Daniel Zhang will be stepping down later this year and be replaced by Jack Ma’s close confidant, Eddie Yongming Wu. The news comes just a month after the […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Generative AI startup Parrot raises $11M in Series A funding to grow its AI-powered transcription platform
Daniel Levi Posted On June 20, 2023


Numerous reports show that an estimated 30% of knowledge workers’ valuable time is wasted on administrative tasks. With the popularity of artificial intelligence (AI) on the rise, particularly generative AI, businesses of all sizes are actively exploring innovative solutions to […]


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Electric Car  / Electric Vehicles  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
China’s Tesla challenger Nio to raise $738.5 million from Abu Dhabi-based CYVN Holdings
Nickie Louise Posted On June 20, 2023


Just a month after investing $142 million in nuclear fusion startup Neo Fusion, Chinese EV maker Nio said Tuesday that CYVN Holdings, a firm backed by the Abu Dhabi government, will be investing approximately $738.5 million. Nio said the fresh […]


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Cybersecurity  / Featured  / Hacking  / Security  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Hackers claim to have stolen 80GB of data from Reddit; demand $4.5 million in ransom
Daniel Levi Posted On June 20, 2023


The situation surrounding recent Reddit API changes is getting stranger by the day. While everyone was talking about thousands of Reddit communities going dark to protest third-party app charges, a hacking group has just forward with a claim that it’s […]


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543 Views


Energy  / Environment  / Research  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
This dual solar-powered reactor converts plastic waste and CO2 ‘from thin air’ into sustainable fuels
Nickie Louise Posted On June 19, 2023


The aviation industry currently contributes approximately 3% of the world’s greenhouse gas emissions. To mitigate its climate impact, a viable solution lies in transitioning to sustainable aviation fuels. However, although there have been significant breakthroughs in laboratory settings for producing […]


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Electric Car  / Electric Vehicles  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
UK startup Helixx partners with Siemens to make affordable commercial EVs in India; raises $1.3 million
Daniel Levi Posted On June 19, 2023


As the demand for electric vehicles (EVs) soared, technology startups are striving to make EVs affordable and accessible to consumers in developing countries. One such startup is Helixx, a UK-based mobility manufacturing tech company looking to revolutionize the electric commercial […]


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Software  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Microsoft is now valued at $2.6 trillion as its early bets on generative AI paid off
Nickie Louise Posted On June 16, 2023


Back in 2019, we covered Microsoft after the tech giant invested a massive $1 billion in OpenAI, a relatively unknown AI startup co-founded by Elon Musk and Sam Altman. What’s interesting about the investment was that, at the time, the […]


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Home Depot unveils a $44,000 tiny house called Gateway Pad as millions of homebuyers get priced out
Nickie Louise Posted On June 15, 2023


Move over, Boxabl! Home Depot, the world’s largest home improvement retailer, is entering the DIY tiny house movement as millions of Americans get priced out of traditional family homes, contributing to one of the most severe housing affordability crises in […]


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Acquisition  / Featured  / Gaming  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Wargraphs, a bootstrap gaming startup with only one employee, sells for $54 million
Daniel Levi Posted On June 15, 2023


It’s not something you hear every day, but this bootstrap startup Wargraphs has just achieved an impressive feat by selling for millions of dollars. The London-based one-person startup is the mastermind behind Porofessor, a highly popular companion app designed for […]


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769 Views


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Meet Tapcart, a tech startup that’s revolutionizing mobile eCommerce and generating over $5 billion for retailers
Daniel Levi Posted On June 15, 2023


The mobile e-commerce (also known as m-commerce) industry has seen remarkable growth in recent years, thanks to smartphones becoming prevalent and the increasing convenience of shopping on mobile devices. In 2021 alone, mobile e-commerce generated approximately $3.53 trillion in global revenue, […]


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870 Views


Featured  / Health  / HealthTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Digital behavioral health startup Octave raises $52M in Series C funding to transform mental health care
Daniel Levi Posted On June 15, 2023


The impact of the mental health pandemic is a grave concern that affects countless individuals across the United States and beyond. Regrettably, this issue extends far beyond the borders of the United States. Recent data from the United Nations reveals that […]


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