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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UpdateAI lands $2.3M in funding to grow its ChatGPT-powered Customer Success platform 
Nickie Louise Posted On May 31, 2023


UpdateAI, a ChatGPT-powered Customer Success platform, has raised $2.3 million in funding led by IdealabX, with participation from prominent investors including Stage Venture Partners, Zoom Ventures, a16z’s scout fund, and Howard Morgan. The latest round brings the company’s total funding […]


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CoreWeave, a GPU-focused cloud compute provider startup, raises another $200M in funding amid AI boom
Daniel Levi Posted On May 31, 2023


CoreWeave, a New York City-based startup that started out as an Ethereum mining venture, has secured another $200 million in funding amid the ongoing AI boom. The funding, which pushes the valuation of the 6-year-old startup to more than $2 […]


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Atly launches with $18M in funding to revolutionize location-based content and provide a better way to explore the world
Nickie Louise Posted On May 31, 2023


With the rise of social media in the early 2000s, internet users have increasingly turned to platforms like Facebook and Foursquare for recommendations on destinations, activities, and purchases, diverging from the reliance on Google Search and Google Maps. This trend has […]


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Anoma Foundation raises $25M in Series C funding to bring the third generation of blockchains to market
Daniel Levi Posted On May 31, 2023


The Anoma Foundation, a non-profit blockchain technology company, has raised $25 million in Series C funding to bring the third generation of blockchain technology into the market and disrupt the existing financial system by offering an alternative that empowers users […]


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China’s Baidu launches $145 million venture capital AI fund to back generative AI startups
Nickie Louise Posted On May 31, 2023


Chinese search giant Baidu announced the launch of a 1 billion yuan ($145 million) AI venture capital fund to back startups focused on content generated by artificial intelligence applications, Bloomberg reported on Wednesday. The news comes just a month after […]


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Female-led UK tech startup Qflow raises $9.1 million to decarbonize the construction industry
Nickie Louise Posted On May 30, 2023


Construction reportedly accounts for 11 percent of global carbon emissions, making it the world’s most carbon-intensive industry. Of this number, the materials used in the construction of buildings also account for around nine percent of overall energy-related CO2 emissions, according […]


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Chinese electric car startup JAC unveils the world’s first EV car that runs on SODIUM-ion battery
Daniel Levi Posted On May 30, 2023


The prevailing narrative and common misconception here in the United States is that China imitates and cannot innovate. But this perception is far from accurate. When examining crucial indicators of innovation and performance in advanced industries, China has actually surpassed […]


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Disgraced Theranos founder Elizabeth Holmes is set to report to prison today to begin her 11-year sentence
Daniel Levi Posted On May 30, 2023


The disgraced Theranos founder turned convicted fraudster Elizabeth Holmes is set to report to prison today to begin her 11-year sentence. Holmes, now 39, will say goodbye to her freedom and her luxurious estate, which costs $13,000 a month, as […]


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Plant-based food startup Neat Burger lands $18 million in Series B funding to expand its global reach
Nickie Louise Posted On May 30, 2023


The growing concerns surrounding climate change and carbon emissions have spurred the need to transition from traditional animal-based meats to plant-based alternatives that are sustainable and more environmentally friendly. With the world’s population projected to hit 10 billion people by […]


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Nvidia set to become the world’s first $1 trillion chipmaker as the AI boom rages on
Nickie Louise Posted On May 30, 2023


Nvidia is poised to become the world’s first chipmaker company with a $1 trillion market capitalization, joining the exclusive trillion-dollar club of Alphabet, Amazon, Apple, and Microsoft. Nvidia was on track on Tuesday to breach the $1 trillion market cap […]


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Top 25 most popular websites in the world 2023; OpenAI surpasses Microsoft Bing
Daniel Levi Posted On May 29, 2023


The number of internet users is constantly growing. As the internet evolves, so do the tools we use to share information. As of April 2023, there were 5.18 billion internet users in the world, or approximately 63% of the global […]


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‘Everyone is a programmer’ with generative A.I., Nvidia CEO says
Nickie Louise Posted On May 29, 2023


The advancement in the field of generative artificial intelligence (AI) has revolutionized the way we interact with computers, thanks in part to tools like ChatGPT. Nvidia CEO Jensen Huang said on Monday that the era of artificial intelligence has opened […]


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World Mobile launches commercial telecom network in Zanzibar to bridge the digital divide in Africa
Nickie Louise Posted On May 26, 2023


World Mobile, a mobile network that has been instrumental in narrowing the digital divide in Africa, today announced the successful launch of its commercial telecom network in Zanzibar. This network is not only providing accessible mobile data services to those […]


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FDA approves Neuralink’s first-in-human clinical trial of brain-implant
Nickie Louise Posted On May 26, 2023


The US Food and Drug Administration (FDA) has given its approval to Elon Musk’s company Neuralink to start testing its brain implant on humans. In an announcement on Thursday, Neuralink said the FDA had given the green light to its […]


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HubSpot co-founder Dharmesh Shah bought Chat.com for over $10 million and sold it for a profit 2 months later; to donate part of the profit to KhanAcademy
Nickie Louise Posted On May 25, 2023


HubSpot co-founder and CTO Dharmesh Shah made headlines back in March when he purchased the domain name chat.com for over $10 million. At the time, many called it a strategic move for the future after he acquired the domain Connect.com […]


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3D printer maker Stratasys to merge with Desktop Metal in a $1.8 billion deal
Daniel Levi Posted On May 25, 2023


Industrial 3D printer manufacturer Stratasys Ltd announced on Thursday that it plans to merge with fellow industry player Desktop Metal Inc in an all-stock transaction valued at around $1.8 billion. The merger news follows Stratasys’ rejection of several acquisition proposals […]


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OpenAI’s Sam Altman raises $115M for Worldcoin, a startup that scans people’s eyes in exchange for free cryptocurrency
Nickie Louise Posted On May 25, 2023


OpenAI founder and CEO Sam Altman has raised $115 million in a Series C funding round for Worldcoin, a startup he co-founded with theoretical physics student Alex Blania and Max Novendstern, a former investment associate at Bridgewater Associates. The round […]


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Virgin falls out of Orbit, shuts down following liquidation sale
Daniel Levi Posted On May 25, 2023


Branson, we have a problem. Richard Branson’s Virgin Orbit is finally shutting down after six years of operations. In an announcement yesterday, the bankrupt Virgin Orbit announced it was shutting down after the liquidation of most of its assets. Stratolaunch and […]


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Singapore-based BandLab raises $25M at $415 million valuation for its social music creation platform
Daniel Levi Posted On May 24, 2023


BandLab Technologies, the parent company of the Singapore-based social music creation platform BandLab, has raised $25 million in Series B1 funding that pushes the company’s post-money valuation to $425 million. Led by returning investor Cercano Management (formerly Vulcan Capital) with […]


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Facebook’s Meta starts its third-round of layoffs to eliminate 10,000 jobs
Daniel Levi Posted On May 24, 2023


Facebook parent company Meta has started its three-part round of layoffs. The latest round of layoffs, which follows a previous round in April, targets mostly employees of Meta’s business groups. The series of layoffs are part of a plan Meta […]


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