The UAE is facing a good problem: Its real estate market is booming, and there is a shortage of buyers. Dubai rents in 2024 jumped 23% year-on-year back up to pre-pandemic levels, and sales are up 18%, according to Deloitte, and this upward trend is set to continue for the coming years. No doubt some […]
Fintechs often give banks a run for their money, pun intended, when it comes to using technology to improve the customer experience. Torpago, a commercial credit card and spend management provider, is no different, but with one caveat — banks are who it builds technology for, particularly community banks. It’s true, Torpago is often grouped
Every company, large or small, needs to choose software, and the bigger the company, the more complex the exercise. Some have internal tools and processes to help narrow down the list of possible vendors and eventually make a selection. Others use firms like Gartner or G2 to help guide them through the process. Taloflow, an
Taloflow puts AI to work on software vendor selection to reduce cost and save time Read More »
Computational Fluid Dynamics (CFD) simulations are complex, computationally expensive and not typically something that startups focus on. But that’s exactly what Boston- and Berlin-based Dive is doing. The company aims to change how manufacturers use computer simulations by both using modern mathematical approaches and cloud computing to disrupt a market that is mostly dominated by
Dive goes cloud-native for its computational fluid dynamics simulation service Read More »
Back in 2014, Understory co-founder and CEO Alex Kubicek was on a mission to deploy a network of ground-level weather stations to track weather in real time and anticipate needs, for example, in terms of committing resources to an area after or during a storm. At the time, Kubicek teamed up with Bryan Dow to
Insurance provider Understory gets into renewable energy following $15M Series A Read More »
The global spend management sector is experiencing a tailwind of sorts. North America is arguably the biggest market in this space, but spend management companies have seen demand rise across the world, thanks to increasing internet penetration, tech advancements and businesses’ increasing focus on making sure they spend wisely. Indeed, the space is expected to
Spend management startup SiFi raises $10M to grow further in Saudi Arabia Read More »
Temasek and Fidelity have purchased shares worth $200 million in Indian eyewear retailer Lenskart, according to a statement by the startup’s financial advisor, Avendus. The transaction values Lenskart at $5 billion, the startup’s co-founder and chief executive, Peyush Bansal, told TechCrunch in a text message. Avendus, which also advised selling shareholders on the deal, didn’t name
Temasek, Fidelity buy $200M stake in Lenskart at $5B valuation Read More »
Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. In a twist that shocks absolutely no one and thrills pyromaniacs who love seeing money burn, Elon Musk’s newest venture, xAI, has snagged a casual $6
Startups Weekly: Musk raises $6B for AI and the fintech dominoes are falling Read More »
After Brandon Lloyd sold his second company, Bypass, a payments and point-of-sale software company for sports and entertainment, to Fiserv in 2020, he dove more into the payments industry and realized something: Software companies were getting a raw deal from the payments provider industry. “Companies like Stripe originally built that platform for an online merchant
Fintech startup Forward grabs $16M to take on Stripe, lead future of integrated payments Read More »
Climate tech couldn’t escape the frothiness that engulfed the startup world earlier in the decade. For both founders or venture capitalists, it was tempting to raise money. Interest rates were low, money was cheap, and investors looking for better returns were hungry to get in the game. Instead, Clean Energy Ventures took a different approach,
How Clean Energy Ventures avoided the pandemic bubble and raised a $305M fund Read More »
