Latest in Raises Million Startup
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Mira Murati’s AI Startup Makes First Hires, Including Former OpenAI Executive
It’s a major get for Murati’s mysterious startup, which has also poached engineers and researchers from a number of other prominent AI firms.Wired - 6h -
Brooklyn trio raises $10 million for startup that wants to help open-source developers get paid
Out of the old Domino Sugar Refinery in Brooklyn, a trio of techies has raised $10 million for Merit Systems to focus on fixing an open-source problem.CNBC - 13h -
How Can Health Care Startups Cut Through Wellness Misinformation? This Company Has a Plan
With $10 million in new funding, Teal Health co-founder Kara Egan shares how her cervical cancer testing startup intends to reach its first patients.Inc. - 13h -
U.S.-China Rivalry Could Boost Space Startup Funding
After commercial space startups pulled in $8.6 billion in 2024, more venture capital firms are likely to make investments in new companies as Sino-Amercian tensions go orbital.Inc. - 1d -
Anysphere, a Maker of A.I. Coding Software, Raises $100 Million
The company’s Cursor product, which can autocomplete programming code, helped the start-up draw a $2.5 billion valuation.The New York Times - 2d -
FirstFT: ‘Breakthrough’ raises hopes for Gaza ceasefire deal
Also in today’s newsletter, special counsel Jack Smith issues report on election interference, and Amazon plans AI ‘brain’ for AlexaFinancial Times - 2d -
Payroll Startup Deel Accused of Charges Related to Money Laundering
The startup, recently valued at $12 billion, says it hasn’t broken any laws.Inc. - 3d -
Why $10 Million Is the Hardest Number for Startups to Hit
It’s a wonderful mirage, but it rarely works, so why do we keep falling for it?Inc. - 3d -
This 36-year-old sci-fi 'nerd' quit his banking job to start a deep space startup that has raised $24 million
"It was in banking that I finally realized why the internet sucked," says Rohit Jha, co-founder and CEO of Transcelestial.CNBC - 4d -
A startup city in Kenya tries to tackle Africa's problem of urbanizing while poor
Tatu City outside Kenya's capital is a startup city, privately owned and with aspirations of eventually having a population of 250,000ABC News - 4d -
Trump’s return raises prospect of global tax war
Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffsFinancial Times - 5d -
Biden Raises Bounty For Nicolás Maduro to $25 Million
The United States will also extend temporary protections for roughly 600,000 Venezuelan migrants in the United States.The New York Times - 6d -
High cost of weight loss drugs drives employers to require nutrition counseling, in boost for startups
Startup Virta Health saw 60% revenue growth last year, topping $100 million, driven by demand for its employer weight loss management program.CNBC - 6d -
How Delivery Startup DroneUp May Survive the Loss of Walmart’s Business
After the retailing giant consolidates its aerial deliveries with two bigger specialists, DroneUp will need to pivot to working with smaller, local customers.Inc. - 6d -
Sainsbury's raises pay but is cautious on hiring
The supermarket chain will lift wages to £12.60 but expects costs to increase after Budget measures.BBC News - 6d -
With TikTok’s Future Uncertain, Livestream Shopping Startups Are Making Moves
How TikTok Shop’s rivals are preparing to swoop up the e-commerce giant’s market share.Inc. - Jan. 9 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Bench’s Jilted Customers Say the Accounting Startup’s Problems Began Long Before Its Abrupt Shutdown
The tax startup’s recent collapse and subsequent acquisition by Employer.com has left customers unsure about where to turn.Inc. - Jan. 8 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
How a Silicon Valley financial backer orchestrated a plot to take down a rising startup
Financial backer Denis Grosz thought he was going to generate big returns from his bet on a company called Toptal, until he got sued for his actions.CNBC - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Toyota is 'exploring rockets' with nearly $45 million investment in Japanese launch startup, chairman says
Toyota Motor is exploring the development and production of orbital rockets, Chair CEO Akio Toyoda said Monday.CNBC - Jan. 7 -
Ulta Beauty names new CEO, raises outlook for holiday quarter
The beauty retailer Ulta said the leadership changes take effect immediately.CNBC - Jan. 7 -
British AI startup with government ties is developing tech for military drones
Exclusive: Concerns raised over role of Faculty AI, which has worked with NHS and government safety body. A company that has worked closely with the UK government on artificial intelligence safety, ...The Guardian - Jan. 7 -
ZKcandy raises $4M for its gaming-focused Layer 2 chain
ZKcandy has closed a $4 million private round of funding to put towards building an ecosystem around its gaming-focused Layer 2 chain.VentureBeat - Jan. 7 -
Austria Coalition Talks Collapse, Raising Prospects for Far-Right Freedom Party
The leader of the anti-immigrant Freedom Party of Austria, founded by former Nazis in the 1950s, was expected to be asked to enter into talks to form a new government.The New York Times - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
5 Ways This Startup Puts Values in Action
This AI company’s values help drive its booming biotech business.Inc. - Jan. 5 -
6 Rules for Startup Fundraising
Lessons learned from my startup’s most recent fundraising round.Inc. - Jan. 4 -
How Much Alcohol Does it Take to Raise Your Cancer Risk?
The surgeon general cautioned the public on Friday that even light or moderate drinking is harmful.The New York Times - Jan. 3 -
Venture Capitalist Sues Paypal Over Program for Minority Startups
An Asian-American fund manager accused the payments company of discrimination by ignoring her application under a $100 million initiative.The Wall Street Journal - Jan. 3 -
This Colorado Startup Is Challenging NASA in the Concorde 2.0 Race
Boom Supersonic is trying to build a quieter, 21st century supersonic jetliner.Inc. - Jan. 3 -
Manufacturers end 2024 in a slump, but rising orders raise hopes for recovery
American manufacturers ended 2024 just as they began it — in a mild slump that still shows little sign of ending ahead of President-elect Donald Trump’s return to the White House.MarketWatch - Jan. 3 -
Swave Photonics raises $28.3M for 3D holographic smartglasses and displays
Swave Photonics, a holographic display company, has raised $28.27 million in funding as it prepares components for AI-powered smart glasses.VentureBeat - Jan. 3 -
Trump’s Falsehoods Aside, China’s Influence Over Global Ports Raises Concerns
The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.The New York Times - Jan. 2 -
Questions raised by Biden comments about New Orleans attacker
President Biden said Wednesday that the New Orleans truck attacker had posted videos online that showed ties to ISIS, but so far those videos haven't surfaced publicly. CBS News congressional ...CBS News - Jan. 2 -
New Orleans raises specter of persistent ISIS threat
The suspect in the attack in New Orleans had an ISIS flag in his truck. The case underscores the threat still posed by ISIS.NBC News - Jan. 2 -
Targeting no-call at Peach Bowl raises more questions about disputed rule
The Peach Bowl referee declined to call a targeting penalty late in the fourth quarter for a helmet-to-helmet hit by Texas safety Michael Taaffe that could’ve given Arizona State a chance to kick a ...ABC News - Jan. 1 -
Republicans raising questions about Johnson's reelection as House speaker
Republican Rep. Chip Roy said Tuesday that he doesn’t think House Speaker Mike Johnson has the necessary votes to remain speaker in Friday's leadership election.ABC News - Dec. 31