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Mitti Labs aims to make rice farming less harmful to the climate, starting in India
Rice production is a livelihood for millions across Asia but traditional cultivation methods contribute significantly to global warming through methane emissions. Mitti Labs, a climate-tech startup, is working with farmers in India to adopt…
Synapse Shutdown Leaves Millions Without Banking Access as $158 Million Remains Frozen
The recent shutdown of banking-as-a-service provider Synapse has highlighted vulnerabilities in the digital banking ecosystem that have impacted thousands of customers. Synapse's collapse has frozen an estimated $158.6 million in deposits…
Infra.Market Secures INR 185 Crore Debt Funding Boost to Fuel Growth Plans
Leading B2B e-commerce platform Infra.Market has raised an additional INR 185 crore in debt funding from multiple investors. The funding will help fuel the startup's ambitious growth targets.
Among the prominent investors in this round…
Indian Startups Secure $138 Million in Funding Last Week Led by Fintech Unicorn Dezerv’s $32…
Indian startups had an active funding week as they raised a total of $138 million across 15 deals between July 7-13 according to a recent analysis. The largest round saw fintech startup Dezerv bag $32 million in its Series B funding round…
Photo-sharing startup Retro alleges Google Photos borrowing key interface elements
Retro, the popular app for privately sharing photos with friends and family, alleges that Google Photos has drawn significant inspiration from its interface and functions for an upcoming update.
According to information shared on social…
Defense Tech Booms as Military Veterans Take Lead in Venture Capital World
As the nation's focus on defense innovation grows, so too does investment flowing into startups creating advanced technologies for national security. A new analysis reveals over $35 billion poured into defense technology firms just last…
Startup Secures Millions to Democratize Virtual Production for Indie Filmmakers
Visual effects have become essential for storytelling but are often out of reach for independent filmmakers due to high costs. A new company called Beeble AI is looking to change that by developing virtual production tools using artificial…
EV Startup Fisker Files For Bankruptcy After Years of Production Delays and Financial Struggles
The electric vehicle startup Fisker has filed for Chapter 11 bankruptcy protection after facing numerous issues that undermined its operations. In a comprehensive timeline, the events that ultimately led to this outcome are documented.…
Iceland’s Startup Scene Finds Strong Backing as Frumtak Raises $87M Venture Fund
The burgeoning tech ecosystem in Iceland received a major boost this month with the closing of an $87 million funding round by local venture capital firm Frumtak Ventures. This fourth venture fund, oversubscribed from its initial target,…
Startup valuations reach record highs amid signs venture slump is easing
After a challenging period for venture capital backed businesses over the past two years, startup valuations have recently rebounded to pre-pandemic levels according to new data. While deal volumes remain below average, investors appear…
