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Nickie Louise @ Startups News 1 place · 09/10/2024 13:21 EDT

Berlin-based deep-tech startup Key Ward emerges from stealth with €1M to boost AI adoption in Automotive, Aerospace, others

Key Ward, a Berlin-based deep-tech startup, has emerged from stealth mode with €1 million in pre-seed funding to enhance AI adoption in engineering. The funding round was led by Stockholm-based venture capital firm Wellstreet. The round also saw participation from ... Read more ›

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Startups News
Nickie Louise @ Startups News 2 place · 09/10/2024 12:00 EDT

Popular Industries for Startups in 2024 (and Beyond)

Startups tend to follow new trends and new technologies. In the early 2000s, we saw loads of startups focusing on social media and this revolution led to things like Facebook and X which are now part of daily life for ... Read more ›

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Startups News
Daniel Levi @ Startups News 1 place · 09/10/2024 11:06 EDT

SpaceX Polaris Program launches historic private mission, aims for an altitude 3 times higher than the Space Station

SpaceX has launched an all-private astronaut crew into orbit, setting the stage for a groundbreaking mission. The team plans to carry out the first spacewalk by nongovernment astronauts and reach a farther destination in space than any mission since the ... Read more ›

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Startups News
Nickie Louise @ Startups News · 09/10/2024 09:49 EDT

Fintech startup PastPay raises €12M in funding, the largest for a B2B BNPL in Central and Eastern Europe region

While the Buy Now, Pay Later (BNPL) market appears to be cooling off due to high interest rates, Budapest-based fintech startup PastPay has secured €12 million in Series A funding, marking the largest raise for a B2B BNPL provider in ... Read more ›

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Startups News
Nickie Louise @ Startups News · 09/10/2024 09:09 EDT

Israeli quantum computing startup Quantum Source raises $50 million in funding led by Eclipse

Israel-based Quantum Source has secured $50 million in Series A funding to advance photonic quantum computing, aiming to develop scalable, fault-tolerant quantum systems. The round was led by Eclipse, with Standard Investments, Level VC, Canon Equity, and existing investors Pitango ... Read more ›

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Startups News
Daniel Levi @ Startups News 3 place · 09/09/2024 13:03 EDT

The Rise of Vertical Apps: Why Niche and High-Monetizing Apps Are the Future

Remember when creating a widely-used app seemed like the ultimate goal? Back in the day, it was all about hitting the billion-user mark, just like YouTube or Instagram. But those days might be behind us. With the mobile app market ... Read more ›

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Startups News
Daniel Levi @ Startups News · 09/09/2024 11:45 EDT

Investing in AI after ChatGPT: How the Venture Capital Landscape Is Changing

In an era in which AI appears all set to revolutionize how we work, it becomes vitally important to understand what’s really driving it. Elon Musk is fond of reminding all of us that technology doesn’t automatically improve over time. ... Read more ›

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Startups News
Nickie Louise @ Startups News · 09/09/2024 10:49 EDT

Permira raises Squarespace takeover bid to $7.2 billion

Private equity firm Permira has increased its buyout offer for website design software company Squarespace by $300 million, raising the total to $7.2 billion, the companies announced on Monday. This increase comes just four months after Squarespace announced plans to ... Read more ›

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Startups News
Daniel Levi @ Startups News 1 place · 09/09/2024 10:05 EDT

Huawei’s new trifold phone Mate XT receives 2.7 million pre-orders ahead of Apple’s iPhone 16 launch

Huawei’s latest trifold smartphone, the Mate XT, has attracted over 2.7 million preorders within hours of its announcement, according to its website on Monday. This surge in interest comes just ahead of Apple’s new iPhone reveal. The Mate XT, Huawei’s ... Read more ›

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Startups News
Nickie Louise @ Startups News · 09/09/2024 08:52 EDT

Atomico, Skype founder’s VC firm, raises $1.24 billion to back European tech startups

Atomico, an early backer of leading European tech startups like Stripe and Klarna, has launched two new funds worth $1.24 billion to support emerging and growth-stage startups in the sector. The launch of Atomico’s sixth fund cycle includes a $754 ... Read more ›

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Startups News
Nickie Louise @ Startups News · 09/09/2024 08:22 EDT

Bending Spoons to lay off 75% of WeTransfer post acquisition, CEO says

Just two months after acquiring the file-sharing platform WeTransfer, Italian app developer Bending Spoons will cut 75% of the WeTransfer workforce, according to a statement from CEO Luca Ferrari on Sunday. “I won’t be more specific at this stage because ... Read more ›

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