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Startups News
Daniel Levi @ Startups News · 02/15/2023 10:56 EDT

Founder of Goldman Sachs-backed tech startup Slync charged with $67 million fraud

Christopher Kirchner, the founder of $240 logistics software startup Slync, was arrested at his home in Westlake on Tuesday morning, according to the U.S. attorney’s office for the Northern District of Texas. Kirchner, 35, was charged with fraud by multiple […] Read more

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Startups News
Nickie Louise @ Startups News · 02/15/2023 08:33 EDT

Tesla to open some of its U.S. charging network to rivals as part of the $7.5  billion federal program

As part of the $7.5 billion federal program to electrify the nation’s highways to cut carbon emissions, Tesla has agreed to open part of its U.S. charging network to electric vehicles (EVs) made by rivals, the Biden administration said on […] Read more

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Startups News
Nickie Louise @ Startups News · 02/14/2023 21:30 EDT

Top tech startup news for Tuesday, February 14, 2023: Microsoft, Monad Labs, PhonePe, Roadzen, and Unisoc

Good evening! Below are some of the top tech startup news stories for Tuesday, February 14, 2023. Chinese chip design startup Unisoc seeks to raise $1.5 billion in private funding Unisoc Technologies, a Chinese chip design startup, is seeking to […] Read more

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Startups News
Daniel Levi @ Startups News · 02/14/2023 20:52 EDT

Microsoft’s Bing AI made several factual errors during last week’s launch demo; “Completely made up some of the answers”

First, it was Google. Now, it turned out that Microsoft Bing even made the worse factual errors in last week’s launch demo of Bing AI. Microsoft wowed the audience last week after it showed off its new AI-Powered Bing as […] Read more

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Startups News
Daniel Levi @ Startups News 2 place · 02/14/2023 17:55 EDT

Yes, deepfakes can actually be a force for good – here’s how

Long before “fake news” gained popularity in the mainstream media, there was deepfake, media that takes a person existing image or video and replaces them with someone else’s likeness using artificial neural networks. Today, deepfakes are a hot topic and […] Read more

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Startups News
Nickie Louise @ Startups News 3 place · 02/14/2023 14:02 EDT

InsurTech startup Roadzen is going public in a $965 million SPAC deal 

Last year was not a great year for startup companies looking to go public via blank check company as the era of cheap capital suddenly came to end due to increased interest rates from the Federal Reserve. However, after many […] Read more

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Startups News
Nickie Louise @ Startups News 3 place · 02/14/2023 11:07 EDT

Walmart-backed Indian payment startup PhonePe raises $100 million at $12 billion valuation

Late last year, we wrote about PhonePe after the Walmart-backed Indian payment startup announced it was seeking to raise a massive $1 billion in funding. It now appears the startup did not even come close, falling short by about 50% […] Read more

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Startups News
Nickie Louise @ Startups News · 02/14/2023 09:29 EDT

Girl Group tripleS makes a K-pop splash with a new fan-curated album, Assemble

Quick Brief Powered by Modhau, Web3 fan-interactive K-pop group, tripleS, is releasing its new album, Assemble. tripleS is exploding on youtube with 650K subscribers and over 50M views overall tripleS became the first K-Pop group to directly communicate with fans […] Read more

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Startups News
Daniel Levi @ Startups News 2 place · 02/14/2023 09:05 EDT

Crypto startup Monad Labs lands $19 million in funding to create the next ‘Ethereum killer’

While tech startups are struggling to raise funds, it appears the crypto space is beginning to bounce back following many months of crypto winter and the global economic slowdown. Just last month, DappRadar revealed that the crypto market continues to […] Read more

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Startups News
Nickie Louise @ Startups News 1 place · 02/14/2023 08:27 EDT

Chinese chip design startup Unisoc seeks to raise $1.5 billion in private funding

In the wake of US sanctions on China’s semiconductor industry, the country has stepped up its efforts to develop the domestic chip industry and become self-reliant. The Chinese government has also poured billions of dollars into research and development into […] Read more

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Startups News
Daniel Levi @ Startups News · 02/13/2023 20:32 EDT

Top tech startup news for Monday, February 13, 2023: Amazon, Paxos, RedKubes, Twilio, Zeekr, and Zoox

Good evening! Below are some of the top tech startup news stories for Monday, February 13, 2023. Amazon’s Zoox is now testing its self-driving robotaxis on public roads in California with passengers on board Amazon-owned autonomous vehicle startup Zoox is […] Read more

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Startups News
Nickie Louise @ Startups News · 02/13/2023 20:03 EDT

Transportation tech startup Via raises $110 million in funding led by 83North at $3.5 billion valuation

Via has raised $110 million in fresh funding led by 83North, with participation from new and existing investors including Exor N.V., Pitango, Janus Henderson, CF Private Equity, Planven Entrepreneur Ventures, Riverpark Ventures, and ION Crossover Partners. The round brings Via’s […] Read more

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Startups News
Nickie Louise @ Startups News · 02/13/2023 19:01 EDT

‘Marty’ The Robot escapes from a local food store to get some fresh air: Watch

Who said robots don’t take a break from work? That was the case with Marty, a six-foot (1.8 meters) towering robot that works at a local Giant Food store in the Lehigh Valley area of Pennsylvania. Perhaps Marty was tired […] Read more

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Startups News
Nickie Louise @ Startups News · 02/13/2023 13:59 EDT

Twilio to lay off 17% of its workforce in second round as tech layoffs top 100,000

Twilio is laying off 17% of its workforce as tech layoffs top 100,000 in the first two months of 2023. The Cloud communications provider announced on Monday it was eliminating about 17% of its staff and closing some offices. This […] Read more

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Startups News
Daniel Levi @ Startups News 2 place · 02/13/2023 10:19 EDT

Paxos ordered to stop minting Binance stablecoin BUSD; New York regulator issued a consumer alert

Cryptocurrency startup Paxos has been ordered by New York state regulators to stop issuing new Binance USD tokens, or BUSD, Binance CEO Changpeng Zhao said on Twitter. In a consumer alert issued on Monday, The New York State Department of […] Read more

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Startups News
Daniel Levi @ Startups News · 02/13/2023 09:35 EDT

RedKubes raises $1.2M in seed funding extension for its self-hosted SaaS for Kubernetes; announces new CEO Rouven Besters

Kubernetes, an open-source container orchestration system for automating software deployment, has quickly become the de facto tool to run cloud-native applications less than a decade after it was first introduced by Google in 2014. However, Kubernetes have a reputation for […] Read more

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Startups News
Nickie Louise @ Startups News 1 place · 02/13/2023 08:53 EDT

Summit Partners closes €1.4 billion for its Europe Growth Equity Fund IV

Summit Partners, a global alternative investment firm, today announced the first and final closing of its newest Europe growth equity fund. Summit Partners Europe Growth Equity Fund IV closed at its hard cap with €1.4 billion in total commitments. The […] Read more

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Startups News
Nickie Louise @ Startups News 3 place · 02/13/2023 08:30 EDT

Zeekr, a Geely’s EV spinoff, raises $750M in funding at a $13 billion valuation to fuel global expansion

In April 2021, China’s auto giant Geely Automobile and its parent company Zhejiang Geely Holding Group announced the launch of a high-end Zeekr electric-vehicle brand aimed at younger buyers. Then in August of last year, Zeekr raised $500 million in […] Read more

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Startups News
Daniel Levi @ Startups News · 02/12/2023 23:59 EDT

ChatGPT jailbreak using ‘DAN’ forces it to break its ethical safeguards and bypass its woke responses

Early this month, we wrote about ChatGPT after complaints that OpenAI has turned the chatbot into a political tool and used it to promote transgenderism. Ever since its launch in November, ChatGPT has impressed millions of people around the world with […] Read more

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Startups News
Nickie Louise @ Startups News 1 place · 02/10/2023 20:24 EDT

Top tech startup news for Friday, February 10, 2023: Acceldata, Google, Kraken, and Venom Blockchain

Good evening! It’s another light news Friday and as such, we’re going to make this very brief. Below are some of the top tech startup news stories for Friday, February 10, 2023. Google employees criticize CEO Sundar Pichai for ‘rushed, […] Read more

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