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Startup-News
Struggling Startup Humane Slashes $200 from Price of Flagship Ai Pin Device
Facing challenges, Bay Area technology company Humane has slashed the cost of their main product in hopes of sparking sales. The Ai Pin, Humane's debut device aimed at blending artificial intelligence capabilities into a small wearable,…
Vinted valuation hits $5.4 billion after secondary share sale provides liquidity
The popular second-hand fashion marketplace Vinted has seen its valuation increase to $5.4 billion after completing a significant secondary share transaction. Lithuanian company Vinted closed a $367 million secondary share sale led by the…
AI startup Interface.ai secures $30 million to advance banking customer support
A leading artificial intelligence firm focused on the banking sector, Interface.ai, has announced a successful $30 million funding round led by Avataar Venture Partners. $20 million of the capital injection was via equity financing, with…
Ex-SpaceX Engineers Secure $14 Million to Revolutionize Industrial Metal 3D Printing
In a major development that could transform manufacturing, two ex-SpaceX engineers have secured $14 million in funding to scale up their groundbreaking new method for 3D printing metal parts. Erik Palitsch and TJ Ronacher, who both gained…
Indian Fintech Startup Returns Home, Pays $160 Million in Taxes
In a move that signals the growing attractiveness of the Indian market, popular stock trading app Groww has made the decision to relocate its headquarters back to India from the US. Along with the shift in domicile comes a sizable tax…
Indian AI startup Neysa raises $30M Series A to challenge tech giants
India's rapidly growing artificial intelligence market is attracting significant investments as local companies look to develop innovative solutions. Neysa, an AI infrastructure startup based in Mumbai, has recently raised $30 million in a…
PhonePe narrows FY24 loss to INR 1,996 cr on back of 74% revenue growth and cost optimisation
Mumbai: Leading digital payments provider PhonePe has taken a major step towards profitability after reducing its net loss for the financial year 2023-24 by almost a third.
According to the company's first ever annual report, PhonePe's…
Advance Mobility raises $3 million to fuel fleet expansion plans
Mobility startup Advance Mobility has raised $3 million in a recent funding round led by prominent accelerators India Accelerator and Finvolve. The fresh capital injection will enable the company to strengthen its operations and broaden its…
Equity podcast analyzes investor FOMO return, WordPress dispute, and startup funding trends
In the latest episode of the Equity podcast, the hosts analyzed significant developments in the startup and investment world. They started by discussing Lightmatter's $400 million funding round, noting how demand for fast networking…
Investors Place Bets on Light, Recycled Materials and Green Technologies
As the world continues its transition to more sustainable practices, venture capitalists are placing significant bets on startups promising cleaner and more eco-friendly solutions. This week saw hundreds of millions of dollars poured into…
