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Italian climate startup Energy Dome raises $44M to develop CO2 battery for renewable energy storage
Nickie Louise Posted On April 27, 2023


Italian climate startup Energy Dome has secured €40 million (~$44M) in Series B funding, co-led by Eni Next, the venture capital arm of Italian energy company Eni, and Neva SGR, a venture capital firm owned by European banking group Intesa […]


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Top tech startup news for Wednesday, April 26, 2023: Axoni, First Republic Bank, GM, Microsoft, and Relay
Daniel Levi Posted On April 26, 2023


Good evening! Below are some of the top tech startup news stories for Wednesday, April 26, 2023.   General Motors to stop making its best-selling electric vehicle Chevy Bolt Just like that, General Motors’ most popular electric car is on […]


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Axoni raises $20 million in equity funding to build blockchain software for financial institutions
Nickie Louise Posted On April 26, 2023


Axoni, a New York-based fintech startup at the forefront of building the next generation of capital markets technology, has raised $20 million in equity financing led by EJF Ventures, with participation from Laurion Capital, Communitas Capital, and existing investors. The […]


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First Republic Bank on the verge of collapse; expected to be seized by the US government
Nickie Louise Posted On April 26, 2023


San Francisco-based First Republic Bank is expected to be seized by the US government, according to a report by Fox Business’ Charles Gasparino, citing sources from the bank. The sources told Fox that they believe that the distressed bank will eventually […]


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Decentralization in Layer 0 Blockchains: Benefits and Limitations Explained
Daniel Levi Posted On April 26, 2023


Cryptocurrency and blockchain technology continue to garner increased user adoption thanks to their decentralized nature. This allows individuals to build permissionless and censorship-resistant DeFi systems that shift control away from intermediaries and centralized authorities, such as banks and governments. But […]


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Cloud tech startup Relay lands $13M Series A funding to improve communication for frontline teams
Nickie Louise Posted On April 26, 2023


One of the challenges facing frontline teams is the inability to quickly and easily communicate. Today, software is the driving force behind the majority of the workforce except for 55 million frontline team members who either lack access to communication […]


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Coinbase sues the SEC just a week after it threatened to leave the US market
Nickie Louise Posted On April 25, 2023


Last week, crypto exchange Coinbase said it may leave the US market if the regulatory uncertainty surrounding digital currencies continues. CEO Brian Armstrong told the audience at Fintech Week in London. The exchange has been in a legal tussle with the […]


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E-commerce platform startup Temu expands to Europe, following a successful U.S. launch
Nickie Louise Posted On April 25, 2023


Last summer, we wrote about Pinduoduo after China’s discount e-commerce giant announced the launch of a new U.S. shopping site called Temu as part of its push to make inroads into the overseas market and challenge Amazon. Temu is a cross-border […]


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Unicorn startup SendBird launches no-code chatbots powered by ChatGPT for web and mobile apps
Daniel Levi Posted On April 25, 2023


It’s been a while since we last covered the chat and messaging API service SendBird. Back then, the unicorn startup raised $50 million Series B to ramp up global demand for in-app messaging. Since then, the company has grown at […]


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ChatGPT falls short of replacing human data analysts, Oxylabs says
Daniel Levi Posted On April 25, 2023


ChatGPT is all the rage these days and there’s no sign of slowing down. In only five days after its launch, ChatGPT reached an impressive milestone of one million users. To put this into perspective, it took Netflix 3.5 years, Facebook […]


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Spotify passes 500 million monthly active users for the first time
Nickie Louise Posted On April 25, 2023


Spotify reached a new milestone, crossing more than 500 million monthly active listeners. Spotify reported on Wednesday that its audio streaming service is being used by over 515 million people every month, which is more than half a billion users. […]


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Top tech startup news for Monday, April 24, 2023: Apple, Epic Games, OpenAI, Sonet.io, and Stack Identity
Nickie Louise Posted On April 24, 2023


Good evening! Below are some of the top tech startup news stories for Monday, April 24, 2023.   OpenAI has applied for “GPT” trademark with USPTO OpenAI, the creator of the popular chatbot ChatGPT, has applied for the “GPT” trademark […]


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Sonet.io emerges from stealth with $6 million in seed funding to onboard remote workers
Nickie Louise Posted On April 24, 2023


Remote work has seen a surge in popularity since the covid lockdown in 2020. This has led to more companies adopting a hybrid or fully remote work approach. Despite its advantages, remote work poses some challenges as employees collaborate in distributed […]


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US Supreme Court rejects patents for AI-generated inventions
Daniel Levi Posted On April 24, 2023


In a big blow to inventions generated by artificial intelligence (AI), the Supreme Court of the United States on Monday refused to issue patents for AI inventions created by computer scientist Stephen Thaler. The highest court in the country rejected […]


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4 Tips for Protecting Your Startup From An Insider Threat
Daniel Levi Posted On April 24, 2023


Modern cybersecurity uses several complex tools to thwart attackers. However, even the most sophisticated tool struggles to combat malicious insider threats. So, what is an insider threat, and why are they so potent? Briefly, insider threats are dangers a disgruntled […]


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Stack Identity emerges from stealth with $4M in funding to solve ‘shadow access’ problem and prevent cloud data breaches
Nickie Louise Posted On April 24, 2023


Cloud data breaches are on the rise. According to the 2023 Thales Data Threat Report, 48% of IT professionals reported an increase in ransomware attacks while 22% of organizations have fallen victim to such an attack in the last year. […]


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Cybersecurity startup Circle Security emerges from stealth with the launch of the first decentralized threat prevention platform
Nickie Louise Posted On April 24, 2023


Credential phishing, a type of cyber attack where the attacker poses as a trustworthy entity, was the most common type of social engineering attack and represents 36% of all breaches, according to the 2021 Verizon Data Breach Investigations Report. The […]


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U.S. SEC’s Climate Disclosure Rule May Be Unveiled Any Day from Now
Nickie Louise Posted On April 22, 2023


The U.S. Securities and Exchange Commission (SEC) climate disclosure rule is expected to take effect any time from now. However, it has yet to be made clear when it will be unveiled, as some believe it might get delayed until […]


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Sustainable home startup Enter raises €19.4M in Series A funding to help people decarbonize their homes
Nickie Louise Posted On April 21, 2023


Home energy usage accounts for about 21% of total U.S. energy consumption, according to data from the US Department of Energy. However, most homes in the United States are energy vampires, with US homes consuming more energy than their other […]


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Top tech startup news for Thursday, April 20, 2023: Accredify, Alphabet, BuzzFeed, Tawal, and Whole Foods
Nickie Louise Posted On April 20, 2023


Good evening! Below are some of the top tech startup news stories for Thursday, April 20, 2023.   Amazon-owned Whole Foods plans to lay off several hundred corporate employees Whole Foods becomes the latest to join the layoff train. The […]


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