fundraising

M&A can open up the playing field for the competition

Venture /

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 it being summer, this week was rich with announcements. Let’s dive in. Most interesting startup stories from the week Image Credits: Niharika Kulkarni / NurPhoto / Getty Images No two businesses […]

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Flint Capital raises a $160M through an unusual fund-raising strategy

Fundraising /

Boston-based Flint Capital just closed its third fund at $160 million, four times the amount of its initial 2013 fund. The capital will be split evenly between early and late stage investments, with the firm doubling down on IT, cybersecurity, fintech and digital health startups. Its success is in large part because of a unique

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38 startups have become unicorns so far in 2024: Here’s the full list

Fundraising /

Despite the tight venture capital market, unicorns are still being created every month. Using data from Crunchbase, CB Insights, and PitchBook, TechCrunch tracked down the newly minted unicorns so far this year. The list includes Elon Musk’s xAI, which is already valued at a staggering $24 billion, as well as a good number of other

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Here’s the full list of 28 US AI startups that have raised $100M or more in 2024

AI /

For some, AI fatigue is real — but clearly venture investors haven’t grown tired of the category. In the first half of 2024 alone, more than $35.5 billion was invested into AI startups globally, recent Crunchbase data found. Five of the six venture rounds of more than $1 billion raised in the first half of 2024

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Exein raised $15M Series B to stop robotic arms going haywire

Security /

By now, we’re all pretty familiar with cybersecurity for computers. But what would happen if a robotic arm on a production line was hacked and instructed to kill its human co-worker? That “device security” is the kind of thorny problem that Rome-based startup Exein is tackling.  The IoT cybersecurity company has now raised €15 million

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Europe is still serious about ESG, and Apiday is helping companies comply

Apps /

European regulation is turning ESG reporting from a nice-to-have to a must. This creates new tailwinds for startups such as Paris-based Apiday, whose platform targets private equity funds and blue-chip companies needing to track and pilot sustainability practices.  Asset management firms have been a key target for Apiday, especially European ones. Because of the Sustainable

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Rondo Energy funding shows a new way across the climate startup ‘valley of death’

Fundraising /

Outside of AI, few startups have drawn venture investments like climate tech. And like AI, companies in the sector need large infusions of cash, sometimes well beyond what a typical venture investor might offer, to reach a size where they’ll be able to make a mark. A new deal involving Rondo Energy, which makes thermal energy

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