Committing to a cloud provider is a big decision that all founding teams must make – and being mindful of what you should look for in a best-fit provider is essential before taking the plunge. A new report published by OVHcloud titled ‘Leveraging FinOps for Success: A Guide for Startups and VCs’ explores this topic, … Read more
Europe is trying to create its own SpaceX effect, with a growing focus on backing smaller and nimbler spacetech companies. Keval Dattani was working as a nuclear engineer on Rolls Royce’s submarine programme, focusing on technology for the UK’s next generation Dreadnaught submarines, when he had a sudden realisation: space technologies were making submarines — … Read more
A growing number of AI startup founders are looking to sell their companies, according to the chief executive officer of Hugging Face, in a possible sign of consolidation coming to the artificial intelligence market. Hugging Face, a leading AI startup, announced Thursday that it has agreed to pay $10 million for a small company called Argilla, its … Read more
Efforts are afoot to make Richmond more of a player in the biohealth industry. Downtown-based Activation Capital is launching the Frontier BioHealth program to provide training and mentorship for up to 10 startups from August to November to groom life sciences companies in the area for the long term. Activation Capital Vice President of Entrepreneurship … Read more
Despite the general consensus that the United States is in need of more affordable housing, funding to startups focused on affordable housing and more efficient construction technologies is lower in 2024 than in recent years. In the meantime, a series of high-profile bankruptcies, closures, and struggles have been reported among startups tackling the issue. How has … Read more
Wordsmith, a fledgling Scottish legal tech startup, has somehow managed to attract the backing of two well-known venture capital firms. The startup targets in-house legal teams and law firms with an AI platform that they can configure to help other workers in the company. This way, anyone in the company can solicit help with legal … Read more
In this episode, we catch up with Sabina Wizander, Partner at Creandum, one of the most important venture capital funds in Europe, whose portfolio includes unicorns such as Spotify, Klarna, Pleo, Depop, iZettle, Trade Republic, and many more. Creandum recently rolled out an oversubscribed €500 million fund, the “Creandum Fund VII” with the world’s leading … Read more
Airwallex launches program in Singapore to help local startups scale and thrive, following successful rollouts in Hong Kong and Australia The program includes networking activities, mentorship opportunities with industry leaders, and exclusive product offers Startups can also apply to win Airwallex’s SG$10,000 Level-up Business Grant to fast-track their growth SINGAPORE, June 20, 2024–(BUSINESS WIRE)–Amid increasing … Read more
From Celestial AI to Taalas, these startups are seeking to challenge Nvidia’s AI computing dominance or find other areas ripe for disruption in the semiconductor industry. Nearly two years ago, the semiconductor industry received a jolt of newfound interest when the world woke up to the game-changing capabilities of generative AI and the powerful chips … Read more
