Startups

From Lauri Moore to Vic Singh, venture capitalists continue to play musical chairs

Startups /

From Keith Rabois to Ethan Kurzweil, a lot of VCs have switched firms or spun out of storied VC institutions to launch their own funds this year. These employment changes are surprising because unlike in many other fields, venture capitalists don’t traditionally move around very much — especially those who reach the partner or general […]

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Ex-Duolingo execs raise $13M for a startup that’s making it easier to access a college education

Startups /

As college tuition increases and the student loan debt crisis continues, three former executives from language learning app Duolingo are building a new startup aimed at making college education more affordable and accessible. The company, tentatively named Outsmart Education (the name is not final yet), is headed by co-founders Daniel Falabella (CPO), former senior director

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India’s HealthKart valued at $500 million in new investment

Startups /

Indian omni-channel nutrition startup HealthKart has raised $153 million in one of the country’s largest consumer startup transactions this year, valuing the business at about $500 million, according to a source familiar with the matter. The new investment was co-led by private equity firms ChrysCapital and Motilal Oswal, with Avendus Capital serving as financial advisor.

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Oyo founder seeks new investment at $3.8 billion valuation

Startups /

Oyo founder Ritesh Agarwal’s investment vehicle has proposed to inject another $65.1 million into the hotel management startup, according to shareholder notifications reviewed by TechCrunch. The investment, through Redsprig Innovation Partners, would value the SoftBank-backed company at $3.8 billion, according to terms shared in the extraordinary general meeting notice. While this represents a 38% premium

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Norwegian startup Factiverse wants to fight disinformation with AI

Startups /

In the wake of the U.S. 2024 presidential election, one fact became clear: Disinformation proliferated online at a startling rate, shaping Americans’ views about each candidate as well as a diverse set of topics, including public health, climate change, and immigration. Generative AI – with its ability to produce deepfakes in seconds and its propensity to

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The US IPO window hasn’t reopened yet, but startups take what they can

Startups /

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! Despite the short workweek in many locations, the last few days have been crammed with deal announcements and funding news, although it is too early to tell how much was just on hold before

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‘I went to Greenland to try to buy it’: Meet the founder who wants to re-create Mars on Earth

Startups /

Last summer, a twin-propeller plane touched down on the gray-cratered terrain of Nuuk, the capital of Greenland. A 28-year-old deboarded, ready to march into the Nordic parliament building with a bold proposition: “I went to Greenland to try to buy it,” Praxis founder Dryden Brown wrote in a viral tweet later.  On the phone with

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