Remembering the startups we lost in 2023
Not every startup collapse is an FTX or Theranos. They don't all burn so brightly and explode so spectacularly. More often than not, there won't be some high-profile court case and prison time. Amanda Seyfried isn't going to play you in the made for Hulu movie.
The story of most startup
Startups Yearly: The biggest startup stories from 2023
Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday.
Thank you for subscribing to Startups Weekly. This week, I'm taking my parents to Yosemite to explore the snowy peaks and to see if my car can handle snow. In lieu of a regular Startups Weekly, I figured I'd dive
With hopes for greener grass in Germany vanishing, consolidation is in the cards for cannabis companies
As 2023 comes to an end, it is only natural to reflect on what happened in the markets we cover. But when it comes to cannabis, the answer is “not much,” which won’t help cannabis startups that are already facing a challenging funding environment.
Namely, 2023 wasn’t the year that G
Shield AI expands massive Series F with another $300M in equity, debt, scaling valuation to $2.8B
Defense tech startup Shield AI has expanded its latest funding round with another $300 million in equity and debt, bringing its total Series F to $500 million, technewss has exclusively learned.
This total amount reflects $200 million in equity closed in November, $100 million in new equity raised
Why Australia is ripe for VC
Over the past couple of decades, Australia, an island continent of 26 million that became rich by, among other things, mining natural resources, has developed into a modern powerhouse that actively works to foster a dynamic tech and startup scene.
To fully capitalize on that progress, Australian st
The Australian VC firm that sponsored California’s diversity bill
Access to venture funding for women is poor all over the world, but it's particularly concerning in Australia, where less than 1% of all private-sector funding in the country went to solely women-founded and -led businesses in 2022. Down under, only 3% of venture capital funding went to all-wom
Australia’s climate tech industry is booming, but it could bust without funds
Australia is a land of natural wonders, from the Great Barrier Reef and Daintree Rainforest to Kakadu National Park and the Blue Mountains. But because of the country's naturally dry and biodiverse climate, it's particularly vulnerable to extreme weather events that have been exacerbated by
SoftBank-backed FirstCry seeks to raise nearly $220 million in India IPO
FirstCry, India's biggest e-commerce platform for mother and baby products, is aiming to raise $218 million through the sale of new shares in its initial public offering, almost a third of the $700 million it had originally targeted.
Brainbees Solutions, the parent firm of online baby product m
Ask Sophie: Whatever happened to International Entrepreneur Parole?
Sophie Alcorn, attorney, author and founder of Alcorn Immigration Law in Silicon Valley, California, is an award-winning Certified Specialist Attorney in Immigration and Nationality Law by the State Bar Board of Legal Specialization. Sophie is passionate about transcending borders, expanding opport
Love ’em or hate ’em, NFTs can survive thanks to the communities that drive them
NFTs have suffered everything from ridicule and scams to a broad dip in demand due to the crypto winter. Sometimes it almost feels like some of the projects in the space are kept going simply on hopes and dreams. Still, the sector has persisted through the downturn, and recent momentum in crypto ha
Nonprofit Code.org sues Byju’s unit WhiteHat Jr over payment dues
Code.org, the U.S. educational nonprofit, has filed a lawsuit in a California district court alleging that Byju's subsidiary WhiteHat Jr breached a licensing contract by failing to pay fees while continuing to use Code.org's platform.
WhiteHat Jr, which sold to Byju’s for $300 millio
Deal Dive: Thank god a startup is solving the bed bug problem
Bugs can be, well, pests. They can cause serious damage inside homes and buildings, and can also wreak havoc outdoors on crops and plants. The amount of chaos and calamity these little fellas can cause is directly tied to one factor: how many of them there are.
Most people don’t realize they
A first look at nine new IndieBio NY companies that will present to VCs next month
It was pure coincidence, but months before the pandemic took hold around the world, IndieBio — a startup accelerator devoted to startups using biology to solve large problems — expanded its remit, adding a New York arm to the operations it was already running out of San Francisco. Of co
Proposed new rule: All AI output must rhyme
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I know I usually lead Startups Weekly with my own column (and I did write one this week, so if you are somehow a fan of everything I write, go ham), but Devin's piece taking a stand against the pseudanthropy of AI is