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Daniel Levi @ Startups News · 05/13/2025 18:38 EDT

Top tech startup funding news for today, May 13, 2025

It’s May 13, 2025, and we’re back with your daily snapshot of the biggest funding moves shaping the global startup scene. From next-gen solid rocket motors to AI finance copilots and EV battery intelligence, today’s funding slate showcases the breadth ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 05/13/2025 12:17 EDT

Microsoft lays off thousands of employees despite $25.8 billion in quarterly profits, largest layoffs since 2023

Microsoft is cutting around 3% of its global workforce, impacting thousands of employees across teams, management levels, and regions. “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” a company spokesperson ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 05/13/2025 10:30 EDT

Madrid-based startup Shakers lands €14M to scale its AI-powered platform for Europe’s tech freelancers

Companies are under growing pressure to stay agile, but hiring top-tier tech talent remains one of their biggest bottlenecks. Traditional outsourcing hasn’t kept up. Long lead times, outdated processes, and rigid contracts make it hard for businesses to experiment, adapt, ... Read more â€ș

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Startups News
Daniel Levi @ Startups News · 05/13/2025 09:58 EDT

Hinge Health files for $437M IPO, targets $2.4B valuation amid market headwinds

Just last week, we covered how Hinge Health was prepping for a public debut while its digital health rivals stayed on the sidelines. Now the startup is officially making its move. The San Francisco–based company filed an updated prospectus Tuesday, ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 05/13/2025 09:21 EDT

AI startup Perplexity surges to $14B valuation amid $500M raise, challenges Google in search war

AI search startup Perplexity is catching serious momentum. The company is closing in on a $500 million funding round that would push its valuation to $14 billion, the Wall Street Journal reported on Monday. That’s a sharp jump from its ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 05/13/2025 08:45 EDT

Robinhood acquires WonderFi for $250M in cash to accelerate global crypto expansion

Robinhood is making another bold move in crypto. On Tuesday, the commission-free trading platform announced it’s acquiring Canadian crypto company WonderFi in an all-cash deal valued at 250 million Canadian dollars, or about $179 million. The deal gives WonderFi shareholders ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 05/12/2025 17:14 EDT

Google launches ‘AI Futures Fund’ to invest in the next wave of AI startups

Google is doubling down on artificial intelligence with a new initiative to support early-stage startups. The tech giant on Monday unveiled “AI Futures Fund, “an artificial intelligence fund to invest in startups. As part of the new program, Google will ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 05/12/2025 14:00 EDT

Top tech startup funding news for today, May 12, 2025

It’s May 12, 2025, and we’re back with the daily rundown of the biggest startup and tech funding moves around the globe. From quantum computing to tokenized real estate, from no-code AI platforms to healthy snacking brands—today’s deal sheet is ... Read more â€ș

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Startups News
Daniel Levi @ Startups News · 05/12/2025 12:29 EDT

Israeli startup Classiq raises $110M in funding to become the ‘Microsoft of quantum computing’

Israeli quantum computing startup Classiq has landed $110 million in Series C funding, the largest ever for a quantum software company. The latest round brings its total haul to $173 million since launch five years ago. The round was led ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 05/12/2025 12:06 EDT

Virtual care startup Omada Health files to go public amid IPO drought

Virtual care provider Omada Health has filed to go public, joining a small group of digital health companies willing to test a shaky IPO market. Founded in 2012, the San Francisco-based health tech startup offers virtual care programs for chronic ... Read more â€ș

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Startups News
Daniel Levi @ Startups News · 05/12/2025 11:28 EDT

5 Crucial Factors to Consider Before Investing in an IPO

Investing in an Initial Public Offering (IPO) is a thrilling method of getting in on something that can end up being the next hot stock market fad. However, sound planning is also needed to minimize risks, as finding those with ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 05/12/2025 10:50 EDT

Chegg lays off 22% of workforce as AI tools disrupt EdTech industry

Chegg is laying off 248 employees—22% of its workforce—and shutting down its U.S. and Canada offices, becoming the latest victim of AI disruption. The move is part of a sweeping restructuring effort as students increasingly ditch traditional study platforms in ... Read more â€ș

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