Startups
30 articles
Egypt and Afreximbank Discuss New Cooperation for African Startups
Amidst discussions to bolster African entrepreneurship, Egypt and Afreximbank are exploring a novel 'Gold Bank' in Egypt.
South Korea CVC Investment Hits Record 2.9 Trillion Won
South Korean corporate venture capital (CVC) investment hit a record 2.
Oracle Adds 10 Defense Tech Firms to Ecosystem
Oracle just added 10 AI, cyber, and drone firms to its defense program, marking its third expansion cohort in a rapid push to dominate military tech integration, according to Investing.
Michigan lawmakers push for new startup funding
In FY24, 113 small businesses from 80 Michigan communities applied for the state's Match on Main program, yet only 69 received grants of up to $25,000 each.
European firm Seedcamp raises $320M for tech and robotics startups
Seedcamp, a prominent European venture capital firm, has closed $320 million across two new funds, its largest raise in nearly 20 years, as reported by Startup Fortune .
Baseten raises $1.5B; AI inference & world models get funding
In just five months, AI inference startup Baseten saw its valuation triple from $5 billion to $13 billion, fueled by a new $1.
Asia's top AI startup ecosystems see Bengaluru climb to No. 2
Bengaluru-Karnataka's startup ecosystem value surged 190% since 2021, hitting $153 billion.
Gray Swan AI Security Secures $40 Million Series A Funding
Pittsburgh-based AI security startup Gray Swan, fresh off a $40 million Series A funding round, is already offering salaries up to $260,000 for new hires.
Snap AI video team spins off to create interactive gaming AI
Snap's CTO, Bobby Murphy, is personally investing a significant stake in Dotmo, a new company spun off from Snap's generative AI video team, even as he continues his full-time role at Snap.
Startups Are Losing Their Proprietary Data Advantage. Here's Why.
AI promises unprecedented leverage, yet a tech startup's proprietary data—a key competitive differentiator—incurs rapidly escalating compute and storage costs.
Central Asia startups attract record venture capital funding
At the Tashkent International Investment Forum (TIIF) 2026, projects worth an astonishing €75 billion were unveiled, signaling Central Asia's unexpected rise as a global investment hotspot, according
Orbio raises $21 million to automate frontline hiring and onboarding
At The Stepping Stones Group, Orbio's AI agents now operate the company's full US frontline worker operations, leading to a significant 20% increase in hired candidates, according to TechCrunch .
Jeff Bezos' Prometheus AI startup raises $12 billion
Jeff Bezos's AI startup, Prometheus, secured $12 billion in funding, pushing its valuation to an astonishing $41 billion, according to TechCrunch .
Theker raises $85 million for its non-specialized factory robot
Theker, a Spanish startup, just secured $85 million in Series A funding.
Equal AI Secures $30M Series B to Expand Indian Market
In less than a year since its launch, Equal AI's call screening platform has surpassed one million monthly active users in India, securing an additional $30 million in Series B funding to meet surging
Merantix Capital closes new AI fund for European startups
Merantix Capital has closed its largest investment fund to date, a €103 million war chest dedicated exclusively to early-stage AI-native startups across Europe, according to Tech Eu and EU-Startups .
Edafa Venture acquires two Egyptian AI startups, Kuadra and IRRI Vision
On the sidelines of Egypt’s AI Everything Middle East & Africa summit in February, Edafa Venture initiated the acquisition of two local AI startups, Kuadra and IRRI Vision, in six-figure dollar de
BMW i Ventures Launches $300M Fund for AI Automotive Startups
BMW i Ventures, the venture capital arm of the German automaker, just launched a new $300 million fund, boosting its total capital under management to a formidable $1.
Startup Battlefield 200 applications close June 8
With just hours remaining until the June 8, 2026 deadline, aspiring founders face their final opportunity to apply for Startup Battlefield 200.
Reid Hoffman to leave Microsoft board in 2026 for AI startup
On June 2, Reid Hoffman formally notified Microsoft he would not seek re-election to its board in 2026.
3IF Ventures Secures $12M First Close for African Insurtech Fund
3IF Ventures secured $12 million in its first close for an African insurtech investment fund.
Global venture capital funding rounds see resilience in defense sector
Anduril Industries announced a substantial $5 billion Series H funding round, which propelled its valuation to $30.
Airbnb CEO Brian Chesky launches personal AI lab
Brian Chesky, the billionaire CEO of Airbnb, is launching his own artificial intelligence lab, a move that sees him personally backing a venture separate from the company he still leads.
Anara Impact Capital Closes $48M Fund for North Africa Tech
Anara Impact Capital has nearly hit its $50 million target, securing $48 million in its first close.
Defense tech companies attract record $14.6B investment
Venture capital investment in defense technology startups has surged past $14.
Benchmark Raises $2 Billion for New Funds
Benchmark Capital, long synonymous with early-stage venture, has just closed its first-ever dedicated growth fund: a substantial $1.25 billion vehicle for later-stage investments.
Snap Alums Launch Ghost Angels Fund for AI Startups
A group of 20 former Snap employees, many of whom witnessed the company's meteoric rise and subsequent struggles, have already financed at least five new AI companies through their recently launched v
Venture capital for Black-founded startups sees sharp decline
In 2023, Black-founded U.S. startups captured less than 0.5% of the $140.4 billion in venture funding, a stark decline from previous years.
Triomics AI secures $22M to streamline oncology centers
Top cancer centers like Memorial Sloan Kettering and Yale Cancer Center deploy Triomics' AI to automate tasks.
Venture capital investment surges across Asia, China, and India
In the first three months of this year, AI-related start-ups in China alone secured over 110 billion yuan (US$16.