November 18, 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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OpenView raises a massive $570 million for its Fund VII to invest in high-growth software startups
Nickie Louise Posted On March 27, 2023


Tech startups continue to struggle to raise new capital amid the economic headwinds that forced investors to pull back. However, software startups, specifically startups in the artificial intelligence (AI) space are largely unaffected by the funding drought due to the […]


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SoftBank-backed Indian tech startup Oyo to cut IPO size by two-thirds as tech valuations plunge
Daniel Levi Posted On March 27, 2023


Amid the ongoing headwinds in the tech space, SoftBank-backed Indian hospitality startup Oyo is cutting its initial public offering (IPO) size as tech valuations fall, Bloomberg News reported on Monday. Citing two people familiar with the matter, Bloomberg said that […]


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Twitter source code leaked online, court filings show
Nickie Louise Posted On March 27, 2023


“Say what you want about me, but I acquired the world’s largest non-profit for $44B lol” In February, Elon Musk announced Twitter was planning to open-source its algorithm following. Musk made the statement following a question from one of his […]


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Swedish sustainable battery startup Northvolt in talks to raise over $5 billion in funding
Nickie Louise Posted On March 27, 2023


In late 2019, we wrote Northvolt after the maker of electric vehicle batteries received a €5.8 million investment from EIT InnoEnergy to support its goal of using 50% recycled materials in all its new battery cells by 2030. Fast forward […]


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Twitter reaches over 500 million total active users just 5 months after Elon Musk takeover
Daniel Levi Posted On March 26, 2023


In just five months after Elon Musk closed the $44 billion acquisition of Twitter, the popular social media platform reached a new milestone of over 500 million total active users. The news came just a week after Musk announced Twitter […]


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Squadhelp lands $10 million in funding to grow its naming and domain name sales platform
Nickie Louise Posted On March 24, 2023


As if launching a startup is not difficult enough, creating the right name for your brand can also be very challenging. Choosing a perfect name for your brand is important because it’s often the first thing that potential customers will […]


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Electric air taxi company Joby Aviation names former FAA administrator as director
Nickie Louise Posted On March 24, 2023


Joby Aviation, a company developing all-electric aircraft for commercial passenger service, on Friday named former Federal Aviation Administration (FAA) Administrator Michael Huerta to its Board of Directors. The appointment may potentially help Joby, which has been pushing to win FAA certification […]


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571 Views


Cryptocurrency  / Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Binance halts deposits and withdrawals due to technical glitches
Nickie Louise Posted On March 24, 2023


Binance, the world’s largest cryptocurrency exchange, has once again suspended deposits and withdrawals on its platform, but this time due to technical glitches affecting its spot trading. In a tweet on Friday, Binance founder and CEO Changpeng Zhao said the […]


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Top tech startup news for Thursday, March 23, 2023: Block, Character.AI, Cannect Wellness, Terra, and Tome
Nickie Louise Posted On March 23, 2023


Good evening! Below are some of the top tech startup news stories for Thursday, March 23, 2023 Crypto founder Do Kwon charged with fraud by U.S. prosecutors following Montenegro arrest Earlier today, we wrote about Terra founder Do Kwon after […]


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809 Views


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AI chatbot startup Character.AI valued at $1 billion after raising $150M in funding led by Andreessen Horowitz
Nickie Louise Posted On March 23, 2023


Character.AI, an artificial intelligence start-up founded by two former Google employees, has raised $150 million in Series A funding led by Andreessen Horowitz. Existing investors, including Nat Friedman (former GitHub CEO), Elad Gil, SV Angel, and A Capital also participated. […]


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560 Views


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Terra founder Do Kwon arrested in Montenegro with falsified documents, Interior Minister says
Daniel Levi Posted On March 23, 2023


Law finally catches on Terra founder Do Kwon. The founder of Terraform Labs is reportedly arrested in Montenegro, according to a tweet by the country’s minister of interior, Filip Adzic. Do Kwon was detained at the Podgorica airport with falsified […]


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Cannabis startup Cannect Wellness raises $7.5M in funding to launch in Illinois
Nickie Louise Posted On March 23, 2023


About five years ago, CBDs and cannabis dominated the headlines as tech startups flocked to the space after some US states legalized the sale of recreational cannabis. Then in 2020, investors pulled back from the space and set their sights […]


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596 Views


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Hindenburg Research says Jack Dorsey’s fintech company facilitates fraud against “unbanked” customers; Block shares plunge
Nickie Louise Posted On March 23, 2023


“Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping. The “magic” behind Block’s business has not been disruptive innovation, but rather the company’s willingness to facilitate fraud against consumers and […]


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570 Views


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AI storytelling startup Tome triples its user base to 3 million in just a month, to launch paid subscription
Nickie Louise Posted On March 23, 2023


ChatGPT took the internet by storm in November after OpenAI released its dialogue-based AI chatbot which has been hailed as a potential game-changer in the world of artificial intelligence (AI). Just five days after its launch, ChatGPT crossed one million users, […]


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591 Views


Featured  / Layoff  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Job search platform Indeed to lay off 2,200 employees, or 15% of its workforce
Nickie Louise Posted On March 23, 2023


“I am heartbroken to share that I have made the difficult decision to reduce our headcount through layoffs.” US-based job search platform has joined the layoff trend announcing on Wednesday it will lay off 15% of its workforce, or about […]


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SEC charges Tron founder Justin Sun, Linsday Lohan, Jake Paul, and other celebrities with crypto fraud
Daniel Levi Posted On March 22, 2023


The founder of the Tronix and BitTorrent crypto assets, Justin Sun, who is also a Grenadian diplomat, has been charged by the Securities and Exchange Commission (SEC) for fraud and offering unregistered securities. In addition, the SEC also charged celebrities […]


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Fluidity launches cashback program on crypto payment app Request Finance
Nickie Louise Posted On March 22, 2023


Fluidity Money, a “spend-to-earn” decentralized finance (DeFi) protocol, has launched a cashback program with Request Finance, an enterprise crypto payments app. The cashback program enables businesses to incentivize customers who pay with cryptocurrency, while also offering cashback rewards to merchants […]


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435 Views


Environment  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Windfall Bio raises $9 million to use methane-eating microbes to combat climate change
Nickie Louise Posted On March 22, 2023


We all have some kind of obsession. For serial entrepreneur and biochemist Josh Silverman, his obsession is methane, a greenhouse gas that is more powerful than carbon dioxide. Methane is produced by a variety of natural and anthropogenic sources, including […]


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641 Views


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Metaverse platform MetaMetaverse rebrands to MultiversalME, launches new website
Nickie Louise Posted On March 22, 2023


Metaverse platform MetaMetaverse has rebranded itself to MultiversalME and launched a new website. The startup said the rebranding and new website represent its commitment to enabling creativity at scale and focusing on multiversal interoperability. The news comes less than a year […]


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Featured  / Space  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups
Virgin Orbit is close to raising $200 million from Matthew Brown to prepare for its next mission
Nickie Louise Posted On March 22, 2023


Virgin Orbit is close to raising $200 million in new funding from Texas-based venture capital investor Matthew Brown via a private share placement, according to an exclusive report from Reuters. Although Virgin Orbit did not comment on the potential deal, […]


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