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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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Top tech startup news for Monday, March 6, 2023: Bankjoy, Embark, Google, Qualtrics, and Tenderly
Daniel Levi Posted On March 6, 2023


Good evening! Below are some of the top tech startup news stories for today Monday, March 6, 2023. Google warns employees that the company won’t promote as many employees to senior staff positions this year Google won’t be promoting as […]


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Embark, a self-driving truck startup that went public in 2021, lays off 70% of its staff and mulls ‘shutting down completely’
Nickie Louise Posted On March 6, 2023


Self-driving truck company Embark announced Friday it would lay off 70% of its employees and start evaluating options, including “shutting down completely.” The job cut is expected to impact about 230 employees. The company lost nearly a third of its […]


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Bankjoy raises funding from Curql to grow its mobile banking platform for credit unions & community banks
Nickie Louise Posted On March 6, 2023


Michael Duncan is a Detroit, Michigan native who led the development of payment systems for the states of California and Oregon. Later, also worked as a software developer at a local credit union called Michigan First Credit Union. As part […]


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Qualtrics, a survey startup SAP acquired in 2018 for $8 billion, receives a $12.4 billion buyout offer from Silver Lake and Canada’s CPPIB
Nickie Louise Posted On March 6, 2023


In January, we wrote about Qualtrics after the company’s owner SAP announced it was laying off 3,000 employees, or about 2.5% of its workforce. At the time, the German enterprise software giant also said it was exploring the sale of […]


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Crypto Mining: Unpacking the Concept of Cryptocurrency Mining and How Digital Currencies are Generated and Secured
Daniel Levi Posted On March 6, 2023


Cryptocurrencies have come a very long way since their inception back in 2008. Since the monumental launch of Bitcoin, which still remains the most popular crypto and blockchain network, this industry has only become even more complex. All transactions that […]


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Tenderly completes its integration with Boba Network to enable developers to build dependable smart contracts
Daniel Levi Posted On March 6, 2023


Tenderly, an all-in-one web3 development platform that enables developers to build, debug, test, and run reliable dapps, announced today that it has now fully integrated with the first multichain Layer-2 blockchain scaling solution Boba Network. The announcement comes just four […]


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Tech layoffs surge past 100,000 as tech companies lay off 123,882 employees so far in 2023
Nickie Louise Posted On March 6, 2023


Tech layoffs surge past 100,000 as 454 tech companies laid off a total of 123,882 employees so far in 2023. The good news is that tech companies aren’t letting go of their employees at the scale recorded in January when 65,000 […]


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Bitcoin Mining: How to become a bitcoin miner
Daniel Levi Posted On March 4, 2023


The price of Bitcoin has seesawed from its peak of $68,990 in November 2021 to $22,352.50 as of the time of writing. The fallen price has not stopped Bitcoin enthusiasts from continuing to mine the world’s most popular cryptocurrency. What […]


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LinkedIn co-founder Reid Hoffman leaves OpenAI’s Board of Directors
Nickie Louise Posted On March 4, 2023


LinkedIn co-founder and OpenAI’s long-time backer, Reid Hoffman, is stepping back from the company’s board of directors. In a Linked post on Friday, Hoffman said he’s leaving the OpenAI board to avoid conflicts of interest with other artificial intelligence (AI) […]


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Elon Musk: “I used to be in crypto, but now I got interested in AI”
Daniel Levi Posted On March 3, 2023


Remember when Elon Musk used to tweet about Dogecoin? It seems Musk is now abandoning crypto if we go by his latest tweet. In a post about an hour ago, Musk told his 130 million Twitters fans: ‘“I used to […]


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Climate-conscious sleep tech startup Simba becomes the first UK-born sleep brand to be awarded Certified B Corporation
Nickie Louise Posted On March 3, 2023


Did you know that mattresses are a global environmental nightmare? Every year, the United States throws away 18.2 million mattresses, according to a report from The Guardian. However, the US only has 56 facilities available to recycle them, further increasing […]


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Coinbase acquires digital asset tech startup One River Digital to expand beyond retail trading
Nickie Louise Posted On March 3, 2023


Cryptocurrency exchange Coinbase has acquired One River Digital as it looks to expand its footprint beyond its core retail trading offering. The financial details of the deal were not disclosed. In an announcement on Friday, Coinbase said the acquisition is […]


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Microsoft and Kimbal Musk invest in climate startup BlocPower to decarbonize buildings across the U.S.
Nickie Louise Posted On March 3, 2023


About a year ago we wrote about BlocPower, a Brooklyn-based climate tech startup that’s decarbonizing buildings across the U.S. by removing greenhouse gases and emissions associated with existing and new buildings and replacing them with green heating and cooling. According […]


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689 Views


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Top tech startup news for Thursday, March 2, 2023: Ford, OnePlan, Neuralink, SpotDraft, Typeface, and Videocites
Nickie Louise Posted On March 2, 2023


Good evening! Below are some of the top tech startup news stories for today Thursday, March 2, 2023. London-based startup OnePlan raises $6M to digitally map venues for event planning Event and venue platform OnePlan has closed $6 million to a […]


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653 Views


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Ford launches automated driving subsidiary Latitude AI months after shutting down self-driving startup Argo
Daniel Levi Posted On March 2, 2023


Late last year, Argo AI suddenly ceased operations and shut down. Parts of the company were absorbed into its two major backers Ford and Volkswagen. The self-driving startup burst on the scene in 2017 after raising $1 billion from Ford. […]


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NBA invests in Videocites as part of a $10M Series B funding led by Velocity Capital Management
Nickie Louise Posted On March 2, 2023


The National Basketball Association (NBA) has partnered with AI-based video-tracking startup Videocites as it looks to take more ownership stakes in businesses that could benefit the league in a private equity push. Videocites, which tracks clips across social media and […]


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London-based startup OnePlan raises $6M to digitally map venues for event planning
Daniel Levi Posted On March 2, 2023


Global event and venue platform OnePlan has closed $6 million to a new strategic investment led by Elysian Park Ventures and Verance Capital. The startup will use the fresh cash infusion to accelerate its plan to support live event venues, […]


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665 Views


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SpotDraft lands $26 million in Series A funding to streamline contracts for legal teams
Nickie Louise Posted On March 2, 2023


Artificial intelligence (AI) has been dominating headlines in recent months, thanks to OpenAI ChatGPT. However, before ChatGPT became a global phenomenon, startups have been using AI to transform legal services. For example, in a controlled study a few years ago, […]


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FDA rejects Elon Musk’s Neuralink application to test brain chips in humans, citing safety risks
Nickie Louise Posted On March 2, 2023


The U.S. Food and Drug Administration (FDA) has rejected Neuralink’s application to test brain chips in humans, Reuters reported, citing seven current and former employees. According to the report, Musk has predicted on at least four occasions since 2019 that […]


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Typeface emerges from stealth with $65M in funding for its generative AI app for enterprise content creation
Nickie Louise Posted On March 2, 2023


ChatGPT has become a worldwide phenomenon, further pushing artificial intelligence (AI) into the mainstream. In less than three months, the OpenAI’s chatbot reached 100 million monthly active users in January, making it the fastest-growing consumer application in history. Based on generative AI, […]


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