Category: startup

  • Israeli startup Mine appoints 5 top execs in major expansion

    Israeli startup specializing in data privacy royal Mine has announced the appointment of five senior executives to its leadership team. Mine, which raised $30 million in a Series B funding round last December, develops privacy and data protection solutions for businesses and consumers. The new appointments are aimed at accelerating…

  • Amnon Shashua’s AI startup AA-I Technologies revealed

    Professor Amnon Shashua founded an artificial general intelligence (AGI) startup, which is still in the dark. AGI is developing the ability to surpass human capabilities in performing complex tasks in a short time, such as developing drugs or inventing a new energy source. The startup, called AA-I Technologies The company…

  • Amnon Shashua’s AI startup AA-I Technologies revealed

    Professor Amnon Shashua founded an artificial general intelligence (AGI) startup, which is still in the dark. AGI is developing the ability to surpass human capabilities in performing complex tasks in a short time, such as developing drugs or inventing a new energy source. The startup, called AA-I Technologies The company…

  • Serial entrepreneur Avigdor Willenz founds new chip startup

    Serial entrepreneur and chip investor Avigdor Willens has founded a secret company, in collaboration with his former partners in Havana Labsa new AI chip startup called Touch, which according to the founders’ shared history could lead to a massive exit within a few years. Touch’s founding team includes CEO David…

  • Female business owners offered £18,000 business boost with Virgin StartUp and Fiverr

    Businesses looking to scale their business have been given the chance to win £18,000 in business support as part of a competition that will see them pitch their business to a live audience in front of a panel of experienced female investors, including Holly Branson. Women’s Institutions Competition It is…

  • Bitcoin Lightning Startup TMRW Raises $1.3 Million Funding

    Miami-based Bitcoin startup TMRW Bitcoin has raised $1.3 million in pre-seed funding to develop its social payments app powered by the Bitcoin Lightning Network. Maple in C The funding round was led by VC, and Bitcoin angel investors like Brad Mills joined the round. TMRW aims to leverage the speed…

  • Mark Zuckerberg gave his ex-engineer startup at advice 2am over chess

    When Sophie Novati got her first job as an engineering intern at Facebook in 2011, the social media giant was in the “move fast and break things” era. “The energy was flowing at the beginning of Facebook,” the current tech entrepreneur recalls. luck“There were a lot of people trying to…

  • AI access control co Knostic wins Black Hat startup award

    Earlier this week, during Black Hat, the world’s largest cybersecurity conference, an early-stage Israeli AI startup announced Knostic Knostic, founded last year, took first place in a major startup competition. This isn’t the first competition Knostic has won. Three months ago, Knostic took first place in the startup competition at…

  • Blockchain startup Parfin raises $10m in Series A round

    Blockchain startup Parfin has secured $10 million in its Series A round, aiming to drive global expansion and bridge the gap between traditional finance and blockchain. Parfin, a Mastercard-based blockchain infrastructure company, has successfully closed the first tranche of its Series A funding, raising $10 million. In a press release…

  • US Justice Dept. is investigating Nvidia’s acquisition of AI startup, Politico reports By Reuters

    (Reuters) – The U.S. Justice Department is investigating chip giant Nvidia Corp’s acquisition of artificial intelligence startup Run:ai on antitrust grounds, Politico reported on Thursday, citing five people with direct knowledge of the matter. Nvidia announced its acquisition of the Israeli company in April for about $700 million, according to…

  • Millennial entrepreneur and podcaster Dan Murray-Serter, behind a £35 million supplements startup wishes he could tell his 20-year-old self to ‘sack off NFTs’

    What would you do if you had a six-figure salary? You’d probably never cook another meal or enjoy a monthly Thai massage and a Soho House membership to relieve the stress of being at your best. Here at The Good Life, you no longer have to imagine what life at…

  • Spot work startup Timee shares pop 30% in Tokyo debut By Reuters

    TOKYO (Reuters) – Shares of Taimi, a startup that runs a platform that connects workers looking for side jobs with companies facing labor shortages, surged about 30 percent on Friday in its Tokyo stock market debut. The company’s shares opened at 1,850 yen, valuing the company at about $1.1 billion.…

  • Spot work startup Timee shares pop 30% in Tokyo debut By Reuters

    TOKYO (Reuters) – Shares of Taimi, a startup that runs a platform that connects workers looking for side jobs with companies facing labor shortages, surged about 30 percent on Friday in its Tokyo stock market debut. The company’s shares opened at 1,850 yen, valuing the company at about $1.1 billion.…

  • Startup Nation Central warns on cybersecurity overdependence

    Startup Nation Central’s H1 2024 report found that while Israeli M&A reached $4.1 billion, the highest number since 2018 and up 70% from H2 2023, the number of actual deals was low, reflecting large acquisitions of cybersecurity companies. In nine deals, Israeli cybersecurity companies were acquired for $1.5 billion, accounting…

  • Rent the Runway cofounder Jennifer Fleiss on why cofounder relationships are critical for mental wellness in the startup game

    Before Jennifer Fleiss joined the boards of Yale Ventures, luxury fashion company Lanvin, and photo service Shutterfly, the Harvard Business School graduate was trying to start a company with fellow entrepreneur Jennifer Hyman. It was 2009, and the two wanted to teach consumers how to rent designer clothes through a…

  • Rent the Runway cofounder Jennifer Fleiss on why cofounder relationships are critical for mental wellness in the startup game

    Before Jennifer Fleiss joined the boards of Yale Ventures, luxury fashion company Lanvin, and photo service Shutterfly, the Harvard Business School graduate was trying to start a company with fellow entrepreneur Jennifer Hyman. It was 2009, and the two wanted to teach consumers how to rent designer clothes through a…

  • Google near deal to acquire cybersecurity startup Wiz for $23 billion

    Alphabet Inc., the parent of Google, is in advanced talks to buy cybersecurity company Waze for about $23 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter. If the deal closes, it would be the company’s largest acquisition ever. The news comes days after reports…

  • Global report blames limited financing for Kenyan start-up woes

    Limited access to finance, as well as inadequate infrastructure, are among the key factors holding back Kenya’s startup ecosystem, a new survey has found. The latest Global Startup Ecosystem Index 2024 report published by industry think tank StartupBlink indicates that most startups in Kenya also cited lack of mentorship as…

  • Exclusive-AI coding startup Magic seeks $1.5-billion valuation in new funding round, sources say By Reuters

    Written by Anna Tong and Crystal Ho (Reuters) – U.S. startup Magic, which develops artificial intelligence models for writing software, is in talks to raise more than $200 million in a funding round that values ​​it at about $1.5 billion, three sources told Reuters, just months after its latest capital…

  • AI chip startup Lightmatter hires Nvidia’s Jankowski as CFO

    Boutelish Lighmatter, an AI chip startup focused on optical supercomputing, has hired longtime Nvidia (NASDAQ: NVDAThe company announced on Monday the appointment of CEO Simona Jankowski to the position of CFO. Jankowski spent more than two decades at NVIDIA, where she served as vice president Investor relations and strategic finance.…