Category : Startups

Amidst a record-breaking year for the solar industry, software startup Aurora Solar has made the difficult decision to lay off 20% of its workforce, comprising approximately 500 employees. The layoffs come as the company reportedly failed to meet its growth targets for the past year, signaling operational challenges in a

Swedish medical device startup Acorai is making waves in the healthcare industry with its innovative approach to heart failure monitoring. By combining proprietary sensing hardware and machine learning software, Acorai aims to revolutionize heart pressure monitoring for clinicians, starting with doctors in the U.S. Addressing Invasive Procedures with Non-Invasive Solutions

As companies increasingly turn to AI-powered tools to enhance productivity and efficiency, it becomes imperative to establish policies addressing ethical, practical, and legal considerations. Richard Marcus, head of information security at AuditBoard, emphasizes the necessity of creating robust guidelines to navigate potential challenges associated with AI implementation. Addressing Ethical, Practical,

In a strategic move to bolster its procurement capabilities, spend management startup Ramp has announced the acquisition of AI-powered startup Venue. The acquisition, finalized last August, marks Ramp’s commitment to enhancing its procurement solutions for enterprise clients. Venue: Simplifying Vendor Management Founded in 2022 by TK Kong, Young Kim, and

In this edition of Found, we delve into the journey of theSkimm, a digital media company revolutionizing news delivery for millennial women. Co-founders Carly Zakin and Danielle Weisberg share their insights on navigating the ups and downs of the media industry. Identifying Market Gaps and Mission Zakin and Weisberg founded

Accel, known for its early investments in Indian e-commerce giants like Flipkart and Myntra, is gearing up for a new venture in the Indian fashion e-commerce landscape despite heightened competition from Mukesh Ambani’s Ajio platform. Investment Plans with Newme Accel is reportedly in advanced discussions to lead a funding round

Vienna-based venture capital firm Speedinvest has successfully closed its fourth early-stage fund, Speedinvest 4, securing €350 million (approximately $380 million based on current exchange rates). This surpasses the initial target of €300 million ($325 million) and marks the final close with an additional €50 million contributed by new institutional investors.

The landscape of the restaurant industry has undergone significant transformation, particularly for independent owners. Traditionally reliant on foot traffic for marketing, these establishments faced unprecedented challenges with the onset of the global pandemic in 2020. The need to adapt quickly to online ordering, pickup, and delivery services became imperative as

For developers, connecting a database to an application has long been a complex and cumbersome task. Neurelo, an early-stage startup, aims to alleviate this challenge by offering a streamlined solution—a programming interface that bridges the gap between databases and applications. By generating customized APIs tailored to the specific data model

StreamAlive, an emerging player in the realm of livestream engagement applications, recently secured $1.58 million in pre-seed funding. The platform is designed to facilitate audience interaction across various livestream formats, including virtual meetings, webinars, and in-person events. Revolutionizing Audience Engagement In an era dominated by virtual interactions, tools that enhance