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. The week after Thanksgiving is usually rich in announcements, and this year was no exception. Blame it on the holiday season, but we would even go as […]
Hopeful hearts and other startup news Read More »
AI agent startup /dev/agents announced a massive $56M seed round, putting the company’s valuation at a whopping $500 million. The amount is impressive given the company won’t have a first version of its product available until at least early next year. The reason behind investors’ trust, however, becomes a bit clearer when you consider the
Who knew you could get a $500 million valuation without launching a product? Read More »
Some believe Klarna’s planned IPO in 2025 could set the stage for other fintech startups to go public. But with the tech IPO market still sluggish, one of the candidates hotly tipped to follow suit has instead just announced a fundraise, and its CEO says going public is “not a priority.” Zopa, the U.K. neobank
Zopa, the UK neobank, snaps up $85M at a $1B+ valuation, eschewing the IPO route Read More »
Recycling today kind of sucks. People are generally confused about what can be recycled and where. As a result, only about 32% of eligible waste actually gets recycled. It would be a lot easier if people could dump everything into one bin and let the waste management companies deal with it, but that’s proven to
Amp Robotics raises $91M to build more robot-filled waste sorting facilities Read More »
U.K.-based legal tech startup Lawhive, which allows small, ‘Main Street’ law firms to run their affairs through an AI-based SaaS platform, is on something of a tear. In April it raised an $11.9 million Seed round. It’s now raised a $40million in Series A funding to expand in the US. The round was co-led by
Lawhive raises $40M to go after ‘Main Street’ US lawyers Read More »
The globe likely breezed past 1.5 degrees C of warming above pre-industrial levels this year, crashing through the 2016 Paris Agreement’s aspirational target. Further warming increases the risk of catastrophic consequences, including more frequent extreme droughts, floods, and fires; stronger hurricanes; faster-spreading infectious diseases; and declining wildlife and fish populations. A host of carbon-capture startups
Heirloom Carbon raises $150M to remove CO2 from the air using rocks Read More »
Cyberattacks are on the rise. In Q1 2024, organizations experienced an average of around 1,300 attacks per week. The cost of attacks is climbing, as well. Per Statista, cybercrime-related losses could surge to over $13 billion by 2028. Software is one way to combat these attacks. Hardware is another. Startup Axiado is a proponent of
Axiado claims its chip can prevent cyberattacks Read More »
Cyberattacks are on the rise, and the victims are high-profile. According to a KPMG survey, close to half of companies with $1 billion or more in annual revenue recently suffered a security breach. Surprisingly, an overabundance of security tools may be contributing to the problem. In a separate poll, 43% of businesses said their teams
Tuskira unifies and optimizes disparate cybersecurity tools Read More »
Veeam, which helps its users secure and recover their data, has seen its valuation spike in a recent secondary sale that was aimed at bolstering the company’s cap table before an eventual IPO. The Insight Partners-backed company said on Tuesday it had raised $2 billion in a secondary share sale that valued it at $15
Data resilience firm Veeam scores $15B valuation in $2B secondary sale Read More »
In this hyperconnected world we live in, it’s easier than ever to send feedback to the companies we patronize. But just because businesses offer more ways to get in touch doesn’t mean they’re poring over every comment. According to a 2020 survey from Productboard, 90% of companies fail to successfully capture feedback from all channels
