Fundraising

When it comes to fusion power, there are two basic approaches: One, create a small star here on Earth that's held in place by powerful magnetic fields. Two, use intense lasers to make a succession of even smaller stars, but repeat the process several times per second. Moritz von der Linden, th

Famed Silicon Valley startup accelerator Y Combinator on Wednesday kicked off its two-day “Demo Day” event that showcases what the most recent YC batch, S24, companies are building. Unsurprisingly, AI companies dominated the day, with startups looking to apply the technology to problem

Anyone who works at a computer for eight-plus hours a day will likely know that the amount of tools and “context switching” required to stay productive can be overwhelming. “Where did I put that file?” “How do I manage all my Bluetooth devices?” “How quickl

Digital transformation — upgrading a company’s legacy apps and processes with new tech — has long been a buzzy and lucrative business. But the pandemic supercharged the market. COVID pandemic lockdowns and the widespread move to work-from-home spurred brands relying on old technology to

Getting healthy is big business these days. Now a startup that's come up with a unique approach leveraging tech to help people with their exercise regimes is announcing a big round of funding, putting some weight behind its own push for growth.  Munich-based EGYM — a startup taking a ve

Autonomous electric aviation startup Pyka is working hard to scale up its crop-dusting and cargo plane lines, but it has attracted a lucrative new suitor: the Pentagon. The promise of a climate-friendly dual-use self-flying plane was also too great for investors to resist, resulting in a new $40 mi

The IPO market has not roared back in 2024 as many investors hoped it would — not yet, at least. Elevated interest rates (this week's 50 bps rate cut notwithstanding) and uncertainty related to the U.S. election have prompted many companies to stay private and wait for better market condition

Physics Wallah, an Indian edtech startup, has secured $210 million in fresh financing amid a tough funding environment for edtech companies in the country following the collapse of Byju’s, once the biggest company in the space. Physics Wallah said on Friday the Series B round was led by the

Adtech startup InMobi has raised $100 million in debt financing as the profitable Indian firm looks to “significantly deepen” its artificial intelligence initiatives and fund potential AI acquisitions ahead of a planned IPO next year.  Mars Growth Capital, a joint venture between

Cities spend hundreds of millions each year on paratransit services, or public rides for disabled residents, yet those services remain limited and unpredictable. Wheelchair users often face late pickups, hindering them from getting to work or medical appointments on time. As populations age, the st

Back in 2017, Daniel Lang, Dan Poineau and Sandra Huber came together to build Mangomint, a startup that makes salon and spa operations software. Lang said they realized that software providers were trying to build their own booking platforms, à la OpenTable. “We fundamentally didn't believ

For financial institutions, complying with regulations is becoming a costlier proposition. According to a recent poll, 76% of financial services firms increased their compliance expenditure from 2022 to 2023, with most blaming new laws. With the cost of compliance averaging out to around $10,000 p

No one is putting the remote working genie back in the bottle. Which is good news for Oyster, a payroll and HR platform that specializes in distributed workforces — or “global employment” as its marketing paints it. The 2019-founded U.S. startup has just closed a $59 million Series D funding

Sanjay Agrawal and Shashank Gupta, who helped co-found the business intelligence company ThoughtSpot, say that several years ago, they observed that organizations were struggling to deal with the increasing amount of data under their purview. Even enterprises with robust data analytics and orchest