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AI Mortgage Startup LoanSnap Loses Critical License in Connecticut After Failing to Comply with…
One of the pioneering firms utilizing artificial intelligence to simplify home lending has hit a major snag after losing its license to operate in Connecticut. LoanSnap, which had raised millions from prominent backers to digitalize the…
South Korean Startup VESSL AI Raises $12M for Machine Learning Optimization Platform
A buzzing South Korean startup has landed a major round of funding to propel their platform aimed at streamlining machine learning model deployment. VESSL AI closed a $12 million Series A round that they will use to improve their machine…
Revyze, a ‘TikTok for education’ startup, draws on Duolingo to add bite-sized learning too
Revyze, a French edtech startup, has found success by tapping into students' desire for short-form, on-the-go learning. Within just two years, the company's "TikTok for education" app has amassed over one million users and hit #1 on the App…
Exicom Buys Australia’s Fast Charger Maker Tritium For $37 Mn
Exicom, a leader in electric vehicle charging and critical power solutions, has acquired Tritium, one of the pioneering manufacturers of high-power DC fast chargers. The all-cash deal valued at $37 million will see Exicom take ownership of…
Electric bike rental startup Yulu turns profitable on quick commerce demand
Riding the rising wave of quick commerce and food delivery, Yulu - an electric bike rental company - has crossed a key milestone. The Bengaluru-based startup has turned a profit at the operating level and seen its annual recurring revenue…
Indian Startups Bank $86M in Funds, Mstack to Waycool
Indian startups raised $86.4 million across 16 deals last week, a decline of over 80% from the previous week's funding of $432.2 million across 24 deals.
The top funded startup was Mstack, which raised $40 million in a Series A round…
AI Leaders Continue Multi-Billion Funding While Leaving Capital for Startups
As artificial intelligence continues to transform industries and push the boundaries of what's possible, the sector's biggest players continue securing massive funding rounds. However, new data suggests there remains ample opportunities for…
Ollie Acquires Health Startup to Develop New Pet Diagnostic Tool
While the pet food market continues growing exponentially each year, competition among brands remains intense. To distinguish itself in this crowded space, premium pet food subscription service Ollie has acquired a health startup aimed at…
AirOps Expands AI Platform to Streamline Content Production for Businesses
AirOps, a content production platform that leverages artificial intelligence, has broadened its services as demand for automated content generation rises amongst businesses. Originally conceived as a more generalized AI application…
AI Coding Startup Raises Half a Billion in Funding
In a major funding round, Poolside - an AI tech firm creating tools to aid software developers - has raised $500 million. The Series B funding round was led by investing powerhouse Bain Capital Ventures, and also included participation from…
