November 19, 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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Elon Musk: ‘AI stresses me out;’ “Mark my words, AI is much more dangerous than nukes. It scares the hell outta me”
Daniel Levi Posted On March 2, 2023


Love him or hate him, Elon Musk has been consistent in warning everyone about the danger and perils of artificial intelligence (AI). With the recent popularity of ChatGPT, the threats of AI have now bubbled up to the surface. In […]


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Top tech startup news for Wednesday, March 1, 2023: Amazon, Binance, Ether.fi, OpenAI, Ring, and Waymo
Nickie Louise Posted On March 1, 2023


Good evening! Below are some of the top tech startup news stories for today Wednesday, March 1, 2023. Jamie Siminoff, the founder and CEO of Amazon Ring, is stepping down from the role later this month Jamie Siminoff, the CEO […]


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630 Views


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Alphabet’s Waymo cuts 8% of its employees after second round of layoffs
Nickie Louise Posted On March 1, 2023


Alphabet’s Waymo has laid off another 137 employees in its second round of job cuts this year, bringing total cuts for the year to 200, or  8% of its workforce after the company reported its initial job cuts in January. […]


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Blockchain  / Cryptocurrency  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Ether.fi raises $5.3 million in funding to grow its decentralized liquid staking platform
Daniel Levi Posted On March 1, 2023


Is crypto winter behind us? The recent uptick in funding activities in crypto and web3 startups appears to be suggesting so. Earlier today, we wrote about Impossible Cloud after the German Web3 startup raised $7.6M in seed funding to revolutionize […]


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488 Views


Artificial Intelligence  / Emerging Technology  / Startup Funding  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
OpenAI buys AI.com for $11 million, making it one of the top 10 most expensive domains ever sold
Nickie Louise Posted On March 1, 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. ChatGPT could do […]


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2.7K Views


Cloud  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Web3 startup Impossible Cloud soars with $7.6M in seed funding to revolutionize the decentralized cloud storage
Nickie Louise Posted On March 1, 2023


Tech startups continue to struggle to raise new funds due to rising interest rates and the global economic slowdown. Startups in all industries including the web3 space are beginning to feel the pinch. However, despite funding to web3 startups plummeting […]


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555 Views


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South Korean AI chip startup Sapeon is raising new funding round at $400 million valuation to challenge Nvidia
Nickie Louise Posted On March 1, 2023


The AI race is here and companies like OpenAI and Microsoft are going to need a new generation of AI chips to meet the computational demands. While companies like Nvidia, AMD, and Intel are currently dominating the AI chip market […]


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818 Views


Cryptocurrency  / Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Crypto investors withdrew about $6 billion from Binance’s stablecoin after US crackdown on the exchange
Daniel Levi Posted On March 1, 2023


In December, Binance ‘temporarily paused’ withdrawals following the outflow of $1.9 billion from the world’s largest crypto exchange. Immediately after the withdrawal, Binance CEO Changpeng Zhao (CZ) took to social media to calm down investors that the outflow was not […]


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456 Views


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Top tech startup news for Tuesday, February 28, 2023: Bitwise, Bonusly, Realme, Mastercard, and Visa
Nickie Louise Posted On February 28, 2023


Good evening! Below are some of the top tech startup news stories for today Tuesday, February 28, 2023. Chinese startup Realme launches its $649 GT3 smartphone it says can be fully charged in just 9.5 minutes Realme, a Chinese smartphone […]


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441 Views


Launch  / Metaverse  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News  / Web3
Tech Startup MultiversX launches xPortal, the first ‘Super App’ to reimagine digital finance, Web3, and metaverse experiences
Daniel Levi Posted On February 28, 2023


Fresh off its recent rebranding in November, metaverse-focused blockchain startup MultiversX today announced the launch of xPortal, a “super app,” that combines powerful elements of digital finance, artificial intelligence (AI) avatars, and chat functionality into a compact mobile interface to […]


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Bonusly raises $18.9M in funding to help companies retain the best employees through recognition and merit-based rewards
Nickie Louise Posted On February 28, 2023


Over the past few years, over 20 million people quit their jobs in what the experts described as the Great Resignation. The number was one of the highest “quit rates” ever recorded since the US government started keeping track two […]


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Goldman Sachs backs an $80M investment in tech service startup Bitwise Industries to train workers in underrepresented communities
Nickie Louise Posted On February 28, 2023


Bitwise Industries, a tech service provider that trains workers in underrepresented communities, has raised $80 million in new funding led by existing investors Kapor Center and Motley Fool, with participation from the Growth Equity business within Goldman Sachs Asset Management […]


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823 Views


Cryptocurrency  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Crypto payment startup FLUUS raises $600,000 in Pre-Seed funding ahead of its beta launch
Nickie Louise Posted On February 28, 2023


Crypto payment startup FLUUS has closed a $600,000 pre-seed round to further develop these products and roll out FLUUS’ services, bringing crypto-fiat payments to a global audience. The round, which comes ahead of its beta launch, was backed by FHS Capital, […]


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Featured  / NFT  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Wakweli raises $1.1 million to certify the authenticity of NFTs and eliminate NFT scams in web3
Nickie Louise Posted On February 28, 2023


Non-fungible tokens (NFTs) have surged in popularity in recent years. In just two years, Non-fungible tokens (NFTs) have grown from under $100 million in 2020 to a whopping $40 billion in 2021. Unfortunately, the NFT boom has also attracted a […]


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504 Views


Cryptocurrency  / Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Visa, Mastercard suspend plans to partner with crypto companies in wake of recent crypto collapse and bankruptcies
Nickie Louise Posted On February 28, 2023


Since the collapse of stablecoin terraUSD last spring, at least eight crypto companies including FTX filed for bankruptcy in 2022. As the crisis roils the crypto industry, global payments companies are now rethinking their partnerships with crypto companies. U.S. payment […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Elon Musk to develop ChatGPT rival to fight ‘Woke AI’
Daniel Levi Posted On February 28, 2023


“The damage done to the credibility of AI by ChatGPT engineers building in political bias is irreparable.”  Elon Musk has contacted AI researchers to explore the development of an alternative to ChatGPT, the Information reported on Monday, citing two people […]


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Top tech startup news for Monday, February 27, 2023: Fifth Wall, Musk, OpenAI, Skydio, Snap, and Wiz
Nickie Louise Posted On February 27, 2023


Good evening! Below are some of the top tech startup news stories for today Monday, February 27, 2023. Elon Musk recruits team to develop OpenAI’s ChatGPT rival to fight ‘Woke AI’ Elon Musk has approached AI researchers in recent weeks […]


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529 Views


Drones  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Skydio raises $230 million in funding for its AI-powered autonomous drones, valuation soars to $2.2 billion
Nickie Louise Posted On February 27, 2023


It’s almost two years ago today when we wrote about Skydio after the San Francisco-based AI-powered autonomous drone startup raised $170 million in funding led by Silicon Valley heavyweight Andreessen Horowitz. With drones becoming increasingly popular and automated, Skydio has […]


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513 Views


Featured  / PropTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Fifth Wall Ventures closes a record $1.5B in new funds in 2022 to invest in real estate and PropTech startups
Nickie Louise Posted On February 27, 2023


The real estate market is the largest asset class in the United States with investments reaching $43 trillion. The market is expected to grow over the next two decades. Despite the market size, real estate and PropTech startups still struggle to […]


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528 Views


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Snap launches A.I. chatbot powered by OpenAI’s GPT
Nickie Louise Posted On February 27, 2023


The sudden popularity of ChatGPT has sparked a new AI revolution as it dominates the headlines with no sign of slowing down. The world’s obsession with the OpenAI chatbot reaches a new level waves garnering over 100 million users in […]


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