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Sources: Reliance writes off its $200M investment in Bengaluru-based hyperlocal delivery startup Dunzo, as CEO Kabeer Biswas looks to sell Dunzo for $25M-$30M
(
inc42.com
)
2025-1-5
Startup
Inside the fall and last-minute revival of accounting startup Bench, which struggled with implementing automation tools and faced tumult in its executive suite
(
techcrunch.com
)
2025-1-5
Startup
Filing: Dara Khosrowshahi resigns from self-driving truck startup Aurora's board, to focus on his job as Uber CEO and reduce external board commitments
(
techcrunch.com
)
2025-1-4
Uber
Startup
PitchBook: generative AI companies worldwide raised $56B from VCs in 2024 across 885 deals, up 192% from 2023, with startups outside the US raising just $6.2B
(
techcrunch.com
)
2025-1-4
Startup
AI
Paris is vying with London as Europe's top AI hotspot, with 34 of the 40 best-performing startups at the Station F incubator in 2024 focused on AI
(
t.co
)
2025-1-3
Europe
Startup
AI
London
Paris
PitchBook: the number of VCs investing in US startups fell from a peak of 8,315 in 2021 to 6,175 in 2024; 9 firms raised 50%+ of the $71B raised by VCs in 2024
(
t.co
)
2025-1-2
Startup
The US DOJ files a complaint and announces a civil enforcement action against fintech startup Dave and CEO Jason Wilk, replacing an FTC complaint from November
(
www.reuters.com
)
2024-12-31
Fintech
Startup
Source: accounting startup Bench, which had raised $100M+ and abruptly shut down last week, will be acquired by Employer.com for an undisclosed price
(
techcrunch.com
)
2024-12-31
Startup
Bookkeeping startup Bench, which raised $100M+ including from Shopify, closes down effective immediately; several employees say Bench also laid off staff
(
www.theinformation.com
)
2024-12-28
Startup
Shopify
A look at OpenAI's interest in humanoid robots, from investing in startups like Figure and Physical Intelligence to, sources say, considering making one itself
(
www.theinformation.com
)
2024-12-25
Startup
Robot
Intelligence
Shuttered Electric Air Taxi Startup Lilium May Be Saved After All
(
slashdot.org
)
2024-12-25
Startup
Balderton Capital and Dealroom: European AI startups attracted 25% of the region's VC funding, or ~$13.7B, in 2024, compared to 15% in 2020
(
techcrunch.com
)
2024-12-24
Europe
Startup
AI
Electric Aircraft Startup Lilium Ceases Operations, 1,000 Workers Laid Off
(
tech.slashdot.org
)
2024-12-24
Startup
Preqin data: Southeast Asia's AI startups raised just $1.7B across 122 deals so far in 2024, out of ~$20B across 1,845 deals for the whole Asia-Pacific region
(
www.bloomberg.com
)
2024-12-22
Asia
Startup
AI
Southeast Asia
Startup Set To Brick $800 Kids Robot Is Trying To Open Source It First
(
hardware.slashdot.org
)
2024-12-21
Startup
Robot
Open Source
Sensor Tower: Indian quick commerce startup Zepto had 31M MAUs in Nov. 2024, up from 6M in May 2022; Blinkit had 30M MAUs in Nov. 2024, up from 28M in May 2022
(
indiadispatch.com
)
2024-12-21
India
Startup
Sensor
Sam Altman says Elon Musk is “clearly a bully” who is suing OpenAI because the startup is doing really well and calls the lawsuits “a little bit of a sideshow”
(
fortune.com
)
2024-12-21
Startup
Elon Musk
Italy's data regulator fines OpenAI €15M after its probe found that the startup processed users' personal data to train ChatGPT without an adequate legal basis
(
www.reuters.com
)
2024-12-21
Italy
Startup
The EU commission approves Nvidia's acquisition of Israeli AI workload management startup Run:ai, saying the takeover raises no competition concerns in the EU
(
www.bloomberg.com
)
2024-12-20
Israel
Startup
AI
Nvidia
Singapore-based bolttech, a B2B2C startup that offers “embedded” insurance products, raised a $100M+ Series C led by Dragon Fund at a $2.1B valuation
(
www.reuters.com
)
2024-12-20
Startup
Singapore
Insurance
Tracxn: Indian startup funding rounds fell 32% YoY to 1,448 in 2024, but overall funding rose 6% YoY to $11.3B; 40+ startups completed IPOs, up 80% YoY
(
techcrunch.com
)
2024-12-19
India
IPO
Startup
Parafin, a startup run by ex-Robinhood staff offering spend management and savings tools as well as loan products, raised a $100M Series C at a $750M valuation
(
www.bloomberg.com
)
2024-12-19
Startup
NYC-based AI-powered accounting startup Basis raised a $34M Series A led by Khosla Ventures, with Nat Friedman, Jeff Dean, Adam D'Angelo, and others investing
(
www.reuters.com
)
2024-12-18
Startup
AI
Parafin, a startup run by ex-Robinhood staff offering spend management and savings tools as well as loan products, raised a $100 Series C at a $750M valuation
(
www.bloomberg.com
)
2024-12-18
Startup
Atlanta-based Slip Robotics, a robot-as-a-service startup whose robots speed up the loading and unloading of truck trailers, raised a $28M Series B led by DCVC
(
techcrunch.com
)
2024-12-18
Startup
Robot
Grammarly buys productivity startup Coda, set to close in January, and names Coda co-founder and CEO Shishir Mehrotra as CEO; Coda had a $1.4B valuation in 2021
(
www.bloomberg.com
)
2024-12-18
Startup
UK-based BVNK, a stablecoin infra startup with ~$40M in annualized revenue, raised a $50M Series B led by Haun Ventures; a source said it values BVNK at ~$750M
(
fortune.com
)
2024-12-18
Startup
Turkish startup Agave Games, developer of Find the Cat, which has 10M+ downloads since its August 2024 release, raised an $18M Series A at a $100M valuation
(
techcrunch.com
)
2024-12-17
Startup
Beijing-based AI startup Zhipu, which aims to make services tailored to the China market, raised $412M, after raising $400M at a ~$3B valuation in May 2024
(
www.bloomberg.com
)
2024-12-17
China
Startup
AI
Pune, India-based industrial AI startup Haber raised a $44M Series C, including $38M in equity and $6M in debt, led by Creaegis, BEENEXT, and Accel
(
www.finsmes.com
)
2024-12-17
India
Startup
AI
Equity
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