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Startup-News
Electric Motor Startup H3X Secures $20 Million to Develop Megawatt-Scale Motors for Aircraft and…
An innovative electric motor company has raised a significant round of funding as it aims to transform aerospace and marine transportation. H3X announced it has secured $20 million to further develop and commercialize its new line of…
German Analytics Startup KNIME Raises $30M to Expand Data Automation Software
As any data-driven organization knows, making effective use of data can be a challenge. Even teams with analytics capabilities often struggle to fully leverage their information. According to a recent survey, under half of data leaders say…
AI firm Placer raises $75 million, valuation jumps to $1.5 billion
Placer.ai, a company developing artificial intelligence tools to analyze location data, has quietly raised $75 million in a new funding round. This investment comes at an increased valuation of nearly $1.5 billion for the startup,…
ShareChat Secures Fresh $16Mn Funding Amid Workforce Optimization
In a bid to boost its growth plans and optimize operations, popular Indian social media platform ShareChat has raised an additional $16 million in debt funding and reorganized aspects of its workforce.
According to sources familiar with…
Agritech Platform Agrizy Secures $9.8M to Advance Farm Supply Chains in India
Agritech platform Agrizy has raised $9.8 million in its Series A funding round led by nonprofit Accion and impact venture capital firm Omnivore. Existing backer Ankur Capital also took part in the round, which will allow the Bengaluru-based…
Wiz Walks Away From $23 Billion Acquisition Offer
In a surprising move, cloud security company Wiz turned down a $23 billion acquisition offer from tech giant Google - one that would have been the largest tech deal in history. According to sources close to the situation, the decision to…
Autonomous Trucking Startup Aurora Innovation Closes $483M Offering to Launch Commercial Services
Self-driving vehicle developer Aurora Innovation has raised $483 million in a share offering, exceeding its original goal of $420 million as it accelerates preparations for commercial rollouts later this year. The substantial capital…
FOSSA Acquires Popular Developer Platform StackShare
Leading open source governance solution FOSSA has expanded its offerings with the acquisition of StackShare, a widely used community platform for software developers. With over 1.5 million registered users collaborating across various…
Self-Driving Truck Startup Aurora Innovation Raises $420M Ahead of Commercial Launch of Autonomous…
Aurora Innovation, a leading autonomous driving technology company, is seeking to raise hundreds of millions more in capital as it works towards launching commercial operations with driverless trucks by the end of 2024.
The company filed…
Canva Acquires Generative AI Pioneer Leonardo.AI to Augment Visual Creation Tools
In a move that will significantly bolster its AI capabilities, Canva has announced plans to acquire Australian generative AI startup Leonardo.AI. As one of the leading providers of visual content creation tools, Canva sees this acquisition…