Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. Borrowing has become more expensive, and profits are harder to come by, which […]
India’s top VCs face fresh obstacles as startup investment plummets
High-flying venture investors in India managing hundreds of millions of dollars are tempering expectations, making early-stage startup bets that in best-case scenarios they hope will return 3 to […]
Is the Texas boom town of Austin losing its luster?
Texas has been historically known for its oil booms. Today the state is perhaps better known as a magnet for tech companies and tech talent, especially in its […]
European neobroker Scalable Capital raises $65M on a flat $1.4B valuation
Scalable Capital, a Munich startup that aims to make investing in financial markets accessible to a wider range of consumers, is putting more fuel in its tank to […]
Deep tech exits: Not just science fiction anymore
Karthee Madasamy Contributor Karthee Madasamy is the managing partner at MFV Partners, a deep tech-focused venture firm. Since reaching lofty, all-time highs in 2021, startup exits have hit […]
‘Mega-deals’ could be inflating overall AI funding figures
It’s safe to say that VCs struck while the iron was hot this year where it concerned generative AI. While venture capital investments overall fell compared to last […]
New capital infusion puts Farmless on path to first alternative protein products
Farmless, a Dutch startup working on alternative protein sources via fermentation technology, closed on €4.8 million in seed funding. The new investment also comes seven months after Farmless […]
NomuPay, formed out of Wirecard’s ashes, acquires Total Processing for tooling and customer service
NomuPay — the payments startup that was formed out of some of the healthier pieces of the dramatically failed fintech Wirecard — has made an acquisition as it […]
Dataminr, the $4B big data startup, is laying off 20% of staff today, or 150 people, as it preps to double down on AI
It’s a tough day for Dataminr, the New York-based big data unicorn last valued at $4.1 billion. TechCrunch has learned that the company — which uses AI and […]
Meta apparently rejects period care ads for being adult or political
Gynecological health platform Daye says that Meta is rejecting its ads, despite being health-focused.