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Top tech startup news for Wednesday, February 1, 2023: Dxcover, Match, MNT-Halan, ONE, OpenAI, Risilience
Nickie Louise Posted On February 1, 2023


Good evening! Below are some of the top tech startup news stories for today, Wednesday, February 1, 2023. Tinder parent company to lay off 8% of its staff as growth slows Match Group announced on Wednesday that it is laying […]


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Artificial Intelligence  / Emerging Technology  / Startups  / Tech Startup News  / Tech Startups  / Technology News
OpenAI accused of turning ChatGPT into a political tool and using AI to promote transgenderism
Daniel Levi Posted On February 1, 2023


“The damage done to the credibility of AI by ChatGPT engineers building in political bias is irreparable.”  ChatGPT is the fastest-growing consumer application in history, that is according to a study conducted by the preeminent Swiss bank UBS. The bank […]


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OpenAI launches a $20 per month subscription plan as ChatGPT reached 100 million monthly active users in January
Nickie Louise Posted On February 1, 2023


ChatGPT took the internet by storm late last year as the dialogue-based AI chatbot crossed one million users just five days after its launch. Now ChatGPT creator OpenAI announced on Wednesday it is launching ChatGPT Plus, a $20 per month […]


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FinTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Egypt FinTech startup MNT-Halan raises $400M, making it the largest funding in Egypt and the Middle East
Nickie Louise Posted On February 1, 2023


While tech startups in the United States and Europe are still struggling to raise new funding due to the ongoing economic slowdown, fintech startups in the Middle East and North Africa (MENA) region continue to thrive as they empower and […]


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Subscription commerce platform AppDirect acquires TBI
Nickie Louise Posted On February 1, 2023


AppDirect, a San Francisco-based subscription commerce platform for monetizing and managing digital customer relationships, announced today it has acquired TBI, one of the leading technology service aggregators in North America. The total amount of the deal was not disclosed. Uniting […]


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Energy  / Environment  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Climate Analytics startup Risilience bags $26M to help global businesses transition to the low-carbon economy
Nickie Louise Posted On February 1, 2023


Climate change is one of the biggest challenges of our times. According to various 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 […]


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Electric Car  / Electric Vehicles  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
EV battery startup ONE raises $300M to develop batteries with a 750-mile driving range; now valued at $1.2 billion
Nickie Louise Posted On February 1, 2023


Michigan-based battery startup Our Next Energy (ONE) has raised $300 million in Series B funding. The latest round now puts the company at a valuation of $1.2 billion, making the three-year-old startup a member of the highly-coveted unicorn club. The […]


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Blockchain  / Software  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Toyota makes a big move into blockchain; sponsors its world’s first global Web3 hackathon on Astar Network
Daniel Levi Posted On February 1, 2023


Japan’s largest company, Toyota, is making big moves dabbling into Blockchain by sponsoring its first-ever global Web3 Hackathon. The multinational automotive manufacturer has chosen Astar Network, the smart contract platform for multichain, to make Web3 use cases for Toyota’s employees. According […]


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Top tech startup news for Tuesday, January 31, 2023: Anthropic, Finley, GM, PayPal, Workday, and Q-CTRL
Daniel Levi Posted On January 31, 2023


Good evening! Below are some of the top tech startup news stories for today, Tuesday, the last day of January 2023. Workday lays off about 525 employees or about 3% of its workforce Cloud provider Workday has laid off 3% […]


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ChatGPT creator launches a free tool to detect AI-generated text
Nickie Louise Posted On January 31, 2023


OpenAI, the creator of the popular chatbot ChatGTP, has released a free tool that the AI company says is meant to “distinguish between text written by a human and text written by AIs.” However, OpenAI also warned that the tool […]


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PayPal to lay off 2,000 full-time employees, about 7% of its workforce
Nickie Louise Posted On January 31, 2023


PayPal announced Tuesday that it will be eliminating 7% of its workforce or 2,000 employees as tech layoffs mount. The payments giant becomes the latest in a list of fintech firms to be hit by the global economic slowdown. PayPal […]


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Electric Car  / Electric Vehicles  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
GM to invest $650 million in lithium company Lithium Americas to support its electric truck push
Daniel Levi Posted On January 31, 2023


The mass adoption of electric vehicles has accelerated in recent years. Thanks to Tesla, more and more people are now embracing electric cars as the world moves away from internal combustion engine cars to combat global warming. Today, lithium is […]


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Finley raises $17M Series A to help companies manage debt capital as private credit reaches all-time high
Nickie Louise Posted On January 31, 2023


The slowdown in venture capital investments over the past years has forced some startups to turn to private credit, including debt capital, as a way to keep their operations afloat and weather the recession storm. Today, private credit is a […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Funding  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Anthropic is close to raising $300 million as investors pour billions into AI startups and ChatGPT rivals
Daniel Levi Posted On January 31, 2023


Since the launch of ChatGPT in November of last year, artificial intelligence (AI) startups have seen a has seen a resurgence in funding as investors and VC firms pour billion into the AI space hoping to find the next OpenAI. […]


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Quantum computing startup Q-CTRL raises $27.4M in funding to power the future with its quantum sensing technology
Daniel Levi Posted On January 31, 2023


A lot has been written about quantum computers. But what is getting less attention is its simpler cousin technology—quantum sensing. Unlike quantum computing, quantum Sensing is an advanced sensor technology that uses the smallest amounts of energy and matter to […]


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Venom Ventures Fund makes a $5 million strategic investment in Everscale to scale blockchain adoption
Daniel Levi Posted On January 31, 2023


Investments in blockchain and cryptocurrency have slowed down in recent months due to the global economic slowdown. But a recession is also a great time to invest in the next-generation digital technologies and long-term trends including Web3, dApps, payments, asset management, and […]


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MIT spinout Boston Metal raises $120M from Microsoft and ArcelorMittal to decarbonize the $1.6 trillion steel industry
Nickie Louise Posted On January 31, 2023


Steel is the backbone of today’s industrialized world. An average of 1.9 billion tonnes of steel are produced every year to build infrastructure including bridges and rails, skyscrapers, and infrastructure. The steel industry also brings in a revenue of about […]


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Top tech startup news for Monday, January 30, 2023: Baidu, Binance, Mastercard, Prisms, Sorare, and Twitter
Nickie Louise Posted On January 30, 2023


Good evening! Below are some of the top tech startup news stories for Monday, January 30, 2023. Binance and Mastercard launch prepaid crypto cards in Brazil Mastercard and the world’s largest crypto exchange Binance said on Monday they are launching […]


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Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News  / VR
VR tech startup Prisms VR bags $12.5M in Series A funding to teach kids math using virtual reality
Nickie Louise Posted On January 30, 2023


The adoption of virtual reality for experiential learning has increased over the years as it becomes mainstream. Now, VR technology could be headed into your local K-12 STEM schools, thanks to Prisms VR, a virtual reality startup founded by an […]


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50 recently-funded startups to watch in 2023
Daniel Levi Posted On January 30, 2023


With the ongoing economic downturn and fear of a recession, tech startups have been hit hard as investors pulled back from new venture deals and reduce their investment in startups with exposure to recession. Further expounding on the funding problem, […]


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