January 21, 2025
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Walmart-backed Indian payment startup PhonePe raises $100 million at $12 billion valuation
Nickie Louise Posted On February 14, 2023


Late last year, we wrote about PhonePe after the Walmart-backed Indian payment startup announced it was seeking to raise a massive $1 billion in funding. It now appears the startup did not even come close, falling short by about 50% […]


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Crypto startup Monad Labs lands $19 million in funding to create the next ‘Ethereum killer’
Daniel Levi Posted On February 14, 2023


While tech startups are struggling to raise funds, it appears the crypto space is beginning to bounce back following many months of crypto winter and the global economic slowdown. Just last month, DappRadar revealed that the crypto market continues to […]


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Chinese chip design startup Unisoc seeks to raise $1.5 billion in private funding
Nickie Louise Posted On February 14, 2023


In the wake of US sanctions on China’s semiconductor industry, the country has stepped up its efforts to develop the domestic chip industry and become self-reliant. The Chinese government has also poured billions of dollars into research and development into […]


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Top tech startup news for Monday, February 13, 2023: Amazon, Paxos, RedKubes, Twilio, Zeekr, and Zoox
Daniel Levi Posted On February 13, 2023


Good evening! Below are some of the top tech startup news stories for Monday, February 13, 2023. Amazon’s Zoox is now testing its self-driving robotaxis on public roads in California with passengers on board Amazon-owned autonomous vehicle startup Zoox is […]


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Transportation tech startup Via raises $110 million in funding led by 83North at $3.5 billion valuation
Nickie Louise Posted On February 13, 2023


Via has raised $110 million in fresh funding led by 83North, with participation from new and existing investors including Exor N.V., Pitango, Janus Henderson, CF Private Equity, Planven Entrepreneur Ventures, Riverpark Ventures, and ION Crossover Partners. The round brings Via’s […]


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Twilio to lay off 17% of its workforce in second round as tech layoffs top 100,000
Nickie Louise Posted On February 13, 2023


Twilio is laying off 17% of its workforce as tech layoffs top 100,000 in the first two months of 2023. The Cloud communications provider announced on Monday it was eliminating about 17% of its staff and closing some offices. This […]


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Zeekr, a Geely’s EV spinoff, raises $750M in funding at a $13 billion valuation to fuel global expansion
Nickie Louise Posted On February 13, 2023


In April 2021, China’s auto giant Geely Automobile and its parent company Zhejiang Geely Holding Group announced the launch of a high-end Zeekr electric-vehicle brand aimed at younger buyers. Then in August of last year, Zeekr raised $500 million in […]


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Top tech startup news for Friday, February 10, 2023: Acceldata, Google, Kraken, and Venom Blockchain
Nickie Louise Posted On February 10, 2023


Good evening! It’s another light news Friday and as such, we’re going to make this very brief. Below are some of the top tech startup news stories for Friday, February 10, 2023. Google employees criticize CEO Sundar Pichai for ‘rushed, […]


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1 in 6 Gen Z’ers may switch from white collar to blue collar jobs due to fear of AI, Intelligent.com survey finds
Daniel Levi Posted On February 10, 2023


With unstable market conditions, persistent layoffs, and emerging artificial intelligence technologies, Gen Z’ers are rethinking their career and educational goals The future of jobs is changing, and so is the way we perform those jobs. Automation is already reshaping companies’ […]


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Venom Blockchain partners with DAO Maker to incubate Web3 startups focused on delivering real-world use cases
Daniel Levi Posted On February 10, 2023


Investments in blockchain and cryptocurrency startups have slowed down in recent months due to the global economic slowdown. But a recession is also a great time to invest in next-generation digital technologies and innovative technology startups. That’s why Venom Blockchain […]


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Acceldata raises $50M to help companies solve complex data challenges via its data observability platform
Nickie Louise Posted On February 10, 2023


We’re living in a world where almost every device is connected to the internet. According to estimates, 2.5 quintillion bytes of data are generated every day. However, making sense of even petabytes of data is a daunting task, especially for […]


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Crypto exchange Kraken to shutter its U.S. staking operation; settles with SEC for $30 million for selling unregistered securities
Nickie Louise Posted On February 10, 2023


After a long battle with the United States Securities and Exchange Commission (SEC), the crypto exchange Kraken agreed to pay $30 million in fines for selling unregistered securities. In addition, Kraken also agreed to shut down its U.S. staking operation […]


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Top tech startup news for Thursday, February 9, 2023: Earth & Beyond, GitLab, SpaceX, Yahoo, and ZOLA
Daniel Levi Posted On February 9, 2023


Good evening! Below are some of the top tech startup news stories for today, Thursday, February 9, 2023. SpaceX test-fires Starship booster engine in milestone for debut orbital launch Today, SpaceX test fires engines on Starship at its facilities in […]


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GitLab to cut 7% of its workforce, or about 130 workers, as tech layoffs near 100,000
Nickie Louise Posted On February 9, 2023


Massive layoffs continue to sweep across the tech industry. GitLab announced today it will lay off  7% of its employees, or about 130 positions, according to PitchBook data. Gitlab is the latest in a long list of tech companies that […]


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Tesla-backed renewable energy startup ZOLA Electric unveils FLEX MAX, the world’s largest off-grid solar home solution
Daniel Levi Posted On February 9, 2023


Tesla-backed ZOLA Electric today announced the launch of FLEX MAX, its new technology solution that the company said is the world’s largest off-grid solar home solution (SHS) – including the largest battery and solar panel technology. We news comes less […]


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Opera browser is planning to incorporate ChatGPT as AI war heats up
Nickie Louise Posted On February 9, 2023


Opera browser is planning to integrate ChatGPT into its multi-platform web browser as the AI war rages on. The news comes just two days after Microsoft and Google week announced plans to incorporate artificial intelligence chatbots into their own search […]


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Top tech startup news for Wednesday, February 8, 2023: Affirm, CarIQ, Disney, Entropik, Google, and Fierce
Nickie Louise Posted On February 8, 2023


Good evening! Below are some of the top tech startup news stories for today, Wednesday, February 8, 2023. Disney to lay off 7,000 workers and slash $5.5 billion in costs as it unveils vast restructuring Layoff announcements continue to dominate […]


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CarIQ raises $15M in Series B funding to enable fleets to pay for goods without a credit card
Nickie Louise Posted On February 8, 2023


For companies with hundreds and thousands of vehicles, managing fleet expenses and payments can become a hassle and burdensome. This is in addition to the complex spending rules fleet managers have to deal with. The situation is not any better […]


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Climate startup The Degrees Initiative raises around $1M from Facebook co-founder Moskovitz, others to fund research into cooling the Earth with sunlight reflection
Nickie Louise Posted On February 8, 2023


Climate change is one of the biggest challenges of our times. According to estimates, losses due to weather-related events have increased nearly ten-fold over the last four decades, from a ten-year global average of $12 billion in 1980 to $119 […]


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Fintech startup Fierce launches out of stealth with $10M in funding to help users earn high-yield returns on their financial assets
Nickie Louise Posted On February 8, 2023


Today’s financial market is filled with a plethora of solutions. But knowing what to invest in and navigating through various investment opportunities can feel disjointed and overwhelming for the average person. That’s why one fintech startup is on a mission […]


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