Startups

The Inflation Reduction Act, signed into law by President Joe Biden in August 2022, has allocated $400 billion in federal dollars for clean energy projects as the United States aims for up to a 40% reduction in economy-wide greenhouse gas emissions by 2030. And even startups are beginning to benefi

Sitting in a meeting room in a startup office in Lisbon, I silently typed a question only the person opposite would know the answer to. What kind of coffee had I asked for when I'd arrived at the office? A short moment later, without even moving or opening his mouth, the reply came back via a t

Defense-focused space technology startup True Anomaly has received key permits from regulators that will allow it to demonstrate imaging and rendezvous capabilities on-orbit for the first time. The two authorizations — from the National Oceanic and Atmospheric Administration (NOAA) and the Fe

Wonder Brands, an acquirer of e-commerce brands in Latin America, announced today the closing of $15.5 million in Series A funding. This enables the Mexico City–based company to expand into South America. Nazca and IDB Invest, the private sector arm of the Inter-American Development Bank Group, c

A talented team is arguably one of the most valuable assets of any company. For startups and smaller enterprises, this statement usually rings even truer. But it takes plenty of time and effort to recruit the right people. And, once on the team, making sure that your talent sticks around is an even

Venture capitalists look at businesses from many angles. Is the market big enough? Do the founders have good founder-market fit? Is the problem worth solving, does the solution make sense, and is the product a half-decent implementation of the solution? The diligence goes deep, too: calls with pote

As the buy now, pay later (BNPL) market continues on its slow decline, one of the major players, Splitit, is embarking on an effort to reorganize and pivot. Splitit today announced that it has a $60 million “capital commitment” from strategic investors including Thorney Investment Group

There are hundreds of guides on how to scale a startup, but many authors either haven't done it themselves or are too forward-looking into the millions. So, how does a founder implement a growth framework to scale to the first million dollars in revenue? After working at hyper-growth companies

OpenAI, the AI company behind the viral AI-powered chatbot ChatGPT, has acquired Global Illumination, a New York–based startup leveraging AI to build creative tools, infrastructure and digital experiences. It’s OpenAI’s first public acquisition in its roughly seven-year history. The t

Venture fundraising has been slowing down since the middle of last year. Larger firms are cutting their targets, and emerging managers are struggling to secure funds. But it isn’t all negative by any means. While some firms are struggling, others are seeing success — and a lot of the latte

Highlight, an in-home product testing company, raised $18 million in Series A funding to continue developing its technology already helping hundreds of brands test thousands of products. Dana Kim and Ethan Kellough started the company in 2020 after working in market research and engineering, respec

This week, South African early-stage accelerator and investor Founders Factory Africa (FFA) raised $114 million. The firm plans to use the impact capital from Mastercard Foundation and Johnson & Johnson Impact Ventures “to scale its model to better serve founders across the African tech ecosy

Clinical trials are the cornerstone of modern medical research, serving the evidence required to prove (or disprove) the safety and efficacy of a new treatment. However, clinical trials are also costly, resource-intensive endeavors that can take many years to reach a stage where a drug or device i

Traditionally, companies looking to extract data from websites have had to create custom code to get at the data, an expensive and time-consuming process that is often out of reach of smaller businesses. Enter Browse AI, an early-stage startup that has developed an automated solution to scrape info