Startups

At Y Combinator’s Spring 2025 Demo Day on Wednesday, nearly every presenting startup had something to do with AI — they’re either developing AI agents or creating tools to facilitate their development. Indeed, several founders seem to be taking a page out of the playbook of several

New York-based micromobility startup Infinite Machine has revealed a seated scooter called Olto that will cost $3,495 when it starts shipping later this year. The Olto will feature 40 miles of range, pulled from an easily swappable 48V lithium-ion battery. Infinite Machine says the Olto will have

Nnamdi Emelifeonwu was always curious about what work life was like for his colleague Feargus MacDaeid, one of the few registered blind lawyers in the U.K. Both practiced law at the global firm Freshfields. When asking about what would make his life easier, the answer was clear: “Help me nav

Welcome to Startups Weekly — your weekly recap of everything you can't miss from the world of startups. Want it in your inbox every Friday? Sign up here. From acquiring stealth startups to larger ones, and from funding Series A to Series G rounds, buyers and investors made for a busy news cy

Anysphere, the maker of AI coding assistant Cursor, has raised $900 million at a $9.9 billion valuation, Bloomberg reported. The round was led by returning investor Thrive Capital, with participation from Andreessen Horowitz, Accel, and DST Global. The massive round is Anysphere’s third fund

Airtime, the video startup from Evernote’s founder Phil Libin, has laid off dozens of employees, technewss has learned, and Airtime confirmed. According to the company, 25 people were let go from the 58-person team — a change Airtime described as “bigger than usual.”

Journaling app Rosebud has raised $6 million in seed funding as it seeks to further flesh out its app as an AI mentor for self-reflection and personal growth.  Rosebud uses AI to analyze your journal entries, identify patterns over time, and provide insights, questions, and guidance. The comp

HR tech startup Deel filed an amended complaint on Tuesday in its ongoing legal battle against its archrival Rippling that offers surprising new details about its own corporate spying allegations. Rippling sued Deel in March after a Rippling employee testified in an Irish court that he was spying

Ben Lamm, the billionaire founder of Colossal Labs, and Sophie Turner spoke about his company's efforts in reviving the long-extinct dire wolf during a panel at SXSW's first London outpost.  The wolf re-entered the public consciousness because of the television show “Game of Thrones

Speedata, a Tel Aviv-based startup developing an analytics processing unit (APU) designed to accelerate big data analytic and AI workloads, has raised a $44 million Series B funding round, bringing its total capital raised to $114 million. The Series B round was led by its existing investors, incl

As global trade evolves, there’s an increasing demand for diverse cross-border payment options. That’s why an Irish-based fintech startup called Nomupay has raised a $40 million Series C round from SB Payment Service (SBPS), a subsidiary of Japanese telco giant SoftBank Corp, at a valua

After a while, Danae Shell got tired of hearing the same story over and over again.  “Something bad would happen to someone at work, and the story always ended the same way,” she told technewss. “They just left, because doing anything else was incredibly complex and expensive.” 

The rebooted version of social site Digg aims to bring back the spirit of the old web at a time when AI-generated content is threatening to overwhelm traditional social media platforms, drowning out the voices of real people. This presents an opportunity to build a social site for the AI era, whe

Data-labeling startup Scale AI has hired the team behind Pesto AI, which helps companies recruit developers remotely, according to a blog post by one of Pesto’s founders. Founded in 2017 by Ayush Jaiswal and Indian food delivery platform Swiggy’s co-founder Rahul Jaimini, Pesto AI is b