Dear Startups: Don’t repaint, reinvent
I feel hungover. No, not in the traditional sense, but in the dizzying way you feel when half of your world is celebrating double vaccinations and no masks, and the other half, across the world, is mourning death and not a shred of light at the end o.....»»
Fintech Startups Are in Serious Trouble
The higher you climb, the harder you fall -- and that spells trouble across the board for fintech startups right now. From a report: Already fintech multiples plummeted faster, and harder, than the rest of the tech sector. A chart published by a16z s.....»»
Silicon Valley Investors Give Startups Survival Advice for Downturn
After years of funneling cash into startups' grand ambitions, Silicon Valley's investors are engaging in the grim ritual of delivering survival advice to their portfolio companies. From a report: In recent online slide presentations, blog posts and s.....»»
Semiconductor, EV battery startups highlighted at Computex 2022
Computex 2022 has spotlighted 18 startup teams with innovations about semiconductor, electric vehicle (EV) and other areas. The teams are expected to attract a total of NT$1 billion (US$33.8 million) in investment capital this year, according to Taiw.....»»
CVS Will Stop Filling Controlled-Substance Prescriptions for Cerebral, Done
CVS Health will stop filling prescriptions for controlled substances ordered by clinicians working for telehealth startups Cerebral and Done Health starting Thursday, a move that will impact thousands of patients. From a report: A CVS spokesman confi.....»»
Startups near state lines gravitate toward side with lower property tax
Researchers at Iowa State University found significantly different state tax rates affect where new businesses set up shop near state lines. Their study published in the journal Small Business Economics shows the fourth greatest distortion in the U.S.....»»
Y Combinator Advises Founders To "Plan For the Worst" Amid Market Teardown
Y Combinator, a Silicon Valley kingmaker, is advising its portfolio founders to "plan for the worst" as startups across the globe scramble to navigate a sharp reversal after a 13-year bull run. From a report: The investment firm -- whose early backin.....»»
Napster Gets Bought Again, This Time With a Web3 Pivot in the Works
Napster has been acquired again, this time by two companies from the web3 sector: Hivemind and Algorand. "Dear friends, we are excited to share that we've taken Napster Group private, and to bring the iconic music brand to web3," wrote Hivemind found.....»»
Why EV startups are facing a cash squeeze
After the SPACs boom on Wall Street, companies are having a tough time finding cash to actually produce cars......»»
The tech sector teardown is more catharsis than crisis
The rules of the game are changing for venture-backed startups. Enlarge (credit: Getty Images) Following a series of “super clarifying” meetings with shareholders, Uber’s chief executive, Dara Khosrowshahi, emailed empl.....»»
GM"s Red Hat tie-up and battery startups garner attention at EcoMotion, Israeli auto-tech"s annual showcase
The EcoMotion mobility showcase returned to its in-person roots last week after a COVID-19-related hiatus. More than 100 companies exhibited their technologies in Tel Aviv for about 3,000 people from 40 countries......»»
Concentric raises $14.5 million to autonomously secure business-critical data
Concentric announced it has raised $14.5 million in Series A funding. Led by Ballistic Ventures, a new VC firm solely dedicated to advising and funding early-stage cybersecurity startups, this investment targets the $19B market for data security, acc.....»»
Tiger steaks and lion burgers: Lab-grown exotic animal meat is on the menu
Most cellular meat startups focus on growing familiar foods (like beef and chicken) in a lab, but Primeval Foods has its sights set on something more exotic......»»
Pentagon"s China Warning Prompts Calls To Vet US Funding of Startups
Congress may soon require government agencies to vet tech startups seeking federal funding, after a Defense Department study found China is exploiting a popular program that funds innovation among small American companies. From a report: The study, w.....»»
Funding women-led cybersecurity startups: Where are we at?
In 2020, cybersecurity companies raised $8.9 billion globally, and in 2021 the amount jumped (significantly) to over $21 billion. While the data is very exciting and promising for the cybersecurity industry as a whole, there’s one big question.....»»
Chip Startups Using Light Instead of Wires Gaining Speed and Investments
Computers using light rather than electric currents for processing, only years ago seen as research projects, are gaining traction and startups that have solved the engineering challenge of using photons in chips are getting big funding. From a repor.....»»
Indian Cows (and Buffaloes) Are Going Online
A new breed of startups wants to formalise cattle trading. The Economist: Livestock fairs, where most animals are still bought and sold, can be expensive and chaotic. Farmers shell out entry fees to register their beasts. They must pay for labourers.....»»
India to build global drone hub by subsidizing startups
The Indian government announced the first list of companies eligible for investment in drones and components manufacturing, taking a series of actions to build India as a global drone hub by 2030......»»
a16z is moving into early stage startup accelerators
Funding startups at their inception offers the best return on investment, believes Andreessen Horowitz, also known as a16z.....»»
Indian startup Calligo leverages POSIT with RISC-V for high-performance computing
A significant advantage that India has in the semiconductor sector is the presence of several fast-growing fabless chip design startups. Either homegrown or with overseas investment, these new generation companies have been able to come up with solut.....»»
More Startup Layoffs Are Coming as Investors Push Founders to Conserve Cash
Silicon Valley startups are facing hard choices: Cut jobs now or risk incurring worse pain later. From a report: Following a hiring and funding boom in 2021, technology startups have started to lay off workers to conserve cash. In the past month alon.....»»