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Nickie Louise @ Startups News · 06/04/2025 12:45 EDT

Stanford math PhD student’s AI startup, Axiom, raises $50M at $300 million valuation

Carina Hong isn’t waiting for graduation to take on Wall Street. The Stanford math PhD student is raising $50 million for her AI startup, Axiom, according to an exclusive report from The Information. The company hasn’t launched a product yet, ... Read more

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Startups News
Nickie Louise @ Startups News · 06/04/2025 11:20 EDT

Reserv raises $25M Series B to modernize insurance claims with AI and automation

Insurance claims are slow, clunky, and full of friction. Between outdated systems, disconnected teams, and vague data, the process is as frustrating for customers as it is for carriers. That’s the headache InsurTech startup Reserv is going after. Today, Reserv ... Read more

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Startups News
Nickie Louise @ Startups News · 06/04/2025 10:21 EDT

Thrive-backed Crete to acquire accounting firms with $500M, boost growth using OpenAI tools

Crete Professionals Alliance, a fast-growing accounting platform backed by Thrive Capital, plans to spend over $500 million acquiring U.S.-based accounting firms over the next two years, according to an exclusive report from Reuters. The investment is part of a broader ... Read more

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Startups News
Nickie Louise @ Startups News · 06/04/2025 09:55 EDT

Venmo expands beyond peer-to-peer payments with new debit card rewards and checkout features to become a full-service fintech platform

Venmo, once known mainly for splitting dinner tabs and birthday gifts, is making a serious push into everyday consumer spending. The PayPal-owned app rolled out a series of updates Wednesday that signal a clear shift away from its peer-to-peer roots. ... Read more

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Startups News
Nickie Louise @ Startups News · 06/03/2025 19:25 EDT

Top Startup and Tech Funding News – June 3, 2025

It’s Tuesday, June 3, 2025, and we’re back with your daily funding snapshot of where venture capital is flowing and which startups are shaping the next wave of tech innovation. Today’s lineup spans everything from brain-computer interfaces to cross-border fintech, ... Read more

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Startups News
Daniel Levi @ Startups News · 06/03/2025 16:24 EDT

What Is COPPA? What Every Founder Needs to Know Before a Product Launch

You just built a perfect product, an educational tool for kids. You shared it on Product Hunt, Reddit, and social media. Launch day was a win. Signups came fast. People paid. Momentum was real. Then, a few days later, the ... Read more

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Startups News
Nickie Louise @ Startups News · 06/03/2025 14:24 EDT

Microsoft announces a new wave of layoffs, just weeks after cutting 6,000 jobs

Microsoft is laying off more employees, just weeks after cutting 6,000 roles across its global workforce. This time, more than 300 workers are affected in what the company calls another round of “organizational changes,” according to a report from Bloomberg. ... Read more

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Startups News
Daniel Levi @ Startups News · 06/03/2025 14:02 EDT

AI startup Ciroos emerges from stealth with $21M to bring AI “teammates” to ops teams

Ciroos, a startup building AI tools for operations teams, just came out of stealth with $21 million in funding to roll out what it’s calling the industry’s first extensible AI “SRE Teammate.” The round was led by Energy Impact Partners ... Read more

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Startups News
Daniel Levi @ Startups News · 06/03/2025 13:13 EDT

Kuwait joins $30B BlackRock and Microsoft-backed AI infrastructure venture to break free from oil dependency

Kuwait’s sovereign wealth fund is joining a $30 billion AI infrastructure initiative backed by Microsoft, BlackRock, and Abu Dhabi’s MGX, marking its first major AI investment under new leadership. According to Bloomberg, the investment is part of the oil-rich nation’s ... Read more

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Startups News
Nickie Louise @ Startups News · 06/03/2025 11:06 EDT

Impulse Space, a startup founded by former SpaceX engineer, raises $300M to power the future of orbital transport

Impulse Space, a space startup building spacecraft to move satellites between orbits, just raised a massive $300 million in fresh funding. The round, led by Linse Capital, brings its total funding to $525 million. The company didn’t disclose its new ... Read more

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Startups News
Nickie Louise @ Startups News · 06/03/2025 10:15 EDT

Israeli cybersecurity startup Zero Networks raises $55M in private funding to scale global defense against ransomware

As ransomware attacks escalate and security teams struggle to keep up, investors are betting big on startups that offer a better way forward. Leading that charge is Israeli cybersecurity startup Zero Networks. Today,  Zero Networks announced it has raised $55 million ... Read more

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Startups News
Nickie Louise @ Startups News · 06/03/2025 09:29 EDT

Snowflake has acquired Crunchy Data, a cloud database startup specializing in PostgreSQL, in a deal valued at approximately $250 million, the data analytics software maker confirmed in a statement on Monday. The acquisition reflects Snowflake’s intent to expand its database ... Read more

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Startups News
Nickie Louise @ Startups News · 06/02/2025 18:58 EDT

It’s Monday, June 2, 2025, and we’re back with the first daily funding rundown in June, tracking the capital flows, bold ideas, and global bets shaping the next wave of innovation. Today’s roundup is lighter than usual on deal volume, ... Read more

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Startups News
Nickie Louise @ Startups News · 06/02/2025 18:40 EDT

Elon Musk’s brain-interface startup Neuralink just raised $650 million in fresh funding, the company announced Monday. Backers include ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, and Lightspeed Venture Partners. Neuralink says the new cash will support efforts to get ... Read more

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Startups News
Nickie Louise @ Startups News · 06/02/2025 14:16 EDT

Fisent Technologies, a tech startup building GenAI tools to take the grunt work out of enterprise operations, has added more fuel to its seed round. The company’s total funding now sits at $2 million, with new backing from Luxembourg-based Cloudberry ... Read more

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