Startups

Pendulum’s AI-driven platform helps enterprises better predict supply and demand

Fundraising /

Supply chains have had a tumultuous few years, beginning in 2020, when COVID-19 upended legacy global supply chains. More recently, the “TikTok-ification” of retail has companies like Shein and Temu creating new products constantly as consumer demands change at the same rapid pace. Pendulum aims to help companies better plan for supply and demand in […]

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Bench burned through $135 million before shutting down

Startups /

A clearer picture of Bench’s downfall is emerging thanks to newly-released bankruptcy filings. The records show that the Canada-based startup, which ironically enough offered cloud accounting software for small businesses, consistently struggled to reach profitability. It burned through $135 million from its founding in 2012 to September 2024. By the time of its collapse, Bench

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How Max Altschuler accidentally founded a VC firm that just raised another $54M  

Venture /

Four years after accidentally launching a VC firm, GTMfund founder and general partner Max Altschuler has raised a second $54 million fund. He was aiming for $50 million.  GTMfund is one of a rising crop of “operator led” funds, meaning the limited partner investors are people who have worked, or are currently working, at successful

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Here are all the IPOs reported to be in the works for 2025

Startups /

Tech is upbeat about more companies going public this year, thanks in part to a new presidential administration that has promised to ease regulations and embrace industries like crypto and AI.  But there were already early signs of bullishness — especially in fintech — thanks to the wildly successful 2024 IPO of ServiceTitan, a SaaS

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Serial founder DIVINE launches creator app with hip hop legend RAKIM

Startups /

Serial entrepreneur and recording artist Victor D. Lombard, also known as DIVINE, announced this week the launch of a new company, in partnership with RAKIM, one of hip-hop’s most influential emcees.  The company is called Notes, a fintech specifically for independent urban musicians and creators. It provides the knowledge and tools to help artists manage

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Little Umbrella’s next Jackbox-style game pits you and your friends against an AI game show host 

Startups /

Web-based party games are making a comeback, now with the infusion of generative AI. Among the startups joining the trend, the current forecast looks good for one startup, Little Umbrella, which leverages AI for its social party games.  The company announced on Thursday its $2 million seed funding round. Little Umbrella plans to use the

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‘Blade’ writer David S. Goyer debuts his latest sci-fi franchise on Incention, a new platform built on Story blockchain

Media & Entertainment /

While the adoption of IP (intellectual property) blockchain and tokenization of assets is still in its early stages, more creatives in the entertainment industry are embracing what is called “tokenized storytelling.” This approach enables fans to participate in story development, contributing elements – such as characters and plot – that can be tokenized and owned

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Sales knowledge automation platform 1up gets a third of its customer leads from memes

Enterprise /

When George Avetisov was the founder and CEO of cybersecurity startup HYPR, he spent a lot of time in the trenches with the company’s sales team. He quickly realized that regardless of how good his sales team was, they were consistently pulling in other departments to answer customer questions or fill out technical questionnaires. “They

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Employees of failed startups are at special risk of stolen personal data through old Google logins

Startups /

As if losing your job when the startup you work for collapses isn’t bad enough, now a security researcher has found that employees at failed startups are at particular risk of having their data stolen. This ranges from their private Slack messages to Social Security numbers and, potentially, bank accounts. The researcher who discovered the

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