Startups

Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won’t know more until that paperwork becomes public, which, best-case scenario would be in about a month. However, with the stock market in groundhog mode — seeing its shadow with every n

India’s market regulator launched a probe Tuesday into Gensol Engineering after finding alleged misuse of electric vehicle loans. BluSmart, a ride-hailing startup connected to Gensol that was once seen as an emerging Uber rival in the South Asian market, has also been swept up into the invest

Context.ai, a startup building evaluations and analytics for AI models, announced Tuesday that its co-founders will join OpenAI.  Context.ai plans to wind down its products following the acqui-hire, per a message on the company’s website. When reached for comment, OpenAI declined to reveal

Rippling’s efforts to serve Deel CEO Alex Bouaziz have been significantly complicated by the fact that Bouaziz and his lawyer are now in Dubai, according to internal correspondence seen by technewss. The UAE is a country with a reputation of being a safe haven for those wanting to avoid ext

Pacific Fusion made a splash in October when it emerged from stealth with a $900 million Series A and a founding team led by a scientist who is most widely known for his work on the Human Genome Project. Now, the startup is revealing the physics that underpin its plans to build a fusion reactor.

Tesla famously struggled to scale up production of the Model 3 sedan in 2018 — so much so that CEO Elon Musk said his company was weeks away from collapsing. That near-death experience helped spawn a whole new company called Atomic that’s built around using AI to streamline supply chain

Fusion startups have a tough row to hoe. Their mission? To create a new kind of power plant that produces more energy than it consumes — something no one has ever done with fusion energy before. That means proving their technology works, showing it can be scaled up, and convincing investors i

The science fiction trope of humans superpowered by computer and bionic implants is fast becoming a reality, and today, a startup hoping for a role in how that plays out is announcing some funding.  Phantom Neuro, which is developing a wristband-like device that gets implanted under the skin

Reshma Saujani, founder of the nonprofit Girls Who Code, got straight to the point.  “If I had applied to be the CEO of Girls Who Code, I wouldn't have gotten the job,” she told Meghan, Duchess of Sussex, on the latest episode of the duchess’ podcast, “Confessions of a Female

U.K. startup Marshmallow has blown up over the years by using innovations in data science to build car insurance policies for immigrants and other consumers who have been overlooked or priced out of traditional insurance. Now, with a million drivers insured and a profitable annual revenue run rate

Neptune is one of the newest short-form video apps on the block seeking to compete with major players like TikTok, Instagram Reels, and YouTube Shorts.  The app, currently in beta, has attracted attention from hundreds of thousands of users, with 970 testers participating and 400,000 people on th

A handful of engineers who worked at Lucid Motors and on Apple’s electric car project have launched a new startup that puts a fresh spin on electric hub motors. The new startup, called Conifer, has developed its motor to be free of rare earth elements by using more abundant ferrite magnets, w

In recent years, focus on career and delayed marriage age is driving some women to consider preserving their fertility through egg freezing. But the steep cost of the procedure, estimated at $10,000 to $15,000 per attempt, means many women can’t afford it during their most fertile years: 20s

Thirteen years ago, Forerunner Ventures began helping to usher in a new era of consumer startups, including Warby Parker, Bonobos, and Glossier. None has gone through a traditional IPO process. Warby Parker was taken public through a special purpose acquisition vehicle. Bonobos was acquired by Walm