Startup

Singapore-based business banking and payments startup Airwallex raised $150M at a $6.2B valuation, up from $5.6B in October 2022, and debuts a $150M share sale (www.bloomberg.com)
2025-5-21 Startup Singapore

AI startup Crusoe secures $11.6B in debt and equity to expand a Texas data center it is building for OpenAI, set to open in 2026 and host up to 400K Nvidia GPUs (www.wsj.com)
2025-5-21 Startup AI Nvidia Equity Texas

Inside the first Stargate AI data center, in Abilene, Texas: thousands working to build eight near-identical structures, startup Crusoe spending ~$12B, and more (www.bloomberg.com)
2025-5-21 Startup AI Texas

Inside the first Stargate AI data center in Abilene, Texas: thousands working to build eight near-identical structures, startup Crusoe spending $12B, and more (www.bloomberg.com)
2025-5-20 Startup AI Texas

SignalFire: in 2024, Big Tech employment declined 1.6% in Austin, and startup employment fell 4.9%; Dallas, Houston, Denver, and Toronto also declined (www.wsj.com)
2025-5-20 Startup Toronto

Graphiant, a San Jose-based NaaS startup, raised a $19M Series B extension led by Aramco's Wa'ed and Saudi Telecom's Tali, bringing the round total to $102M (www.bloomberg.com)
2025-5-20 Startup

A look at Neuralink and other brain-computer interface startups, as the number of people with brain implants is set to double from ~100 in the next 12 months (www.wsj.com)
2025-5-19 Startup

Sources: Nvidia is in advanced talks to invest in PsiQuantum, a startup looking to build quantum computers that is in the process of raising $750M+ (www.theinformation.com)
2025-5-19 Startup Nvidia Quantum

Venture Intelligence: Indian deep tech startups have raised $4.7B since 2014, accounting for just 3.2% of Indian startup funding, signaling a sector-wide crunch (asia.nikkei.com)
2025-5-18 India Startup Intelligence

Chinese startups are highlighting their roots instead of downplaying them as they grow overseas, fueled by the success of Chinese social media apps and DeepSeek (restofworld.org)
2025-5-18 China Startup

Sources: Indian investment app Groww agrees to acquire wealthtech startup Fisdom in an all-cash deal, valuing Fisdom at $140M to $160M; Fisdom had raised ~$48M (economictimes.indiatimes.com)
2025-5-17 India Startup

Stord, a logistics startup serving over 500 mid-market e-commerce brands, raised an $80M Series E led by Strike Capital at a $1.5B valuation and $120M in debt (fortune.com)
2025-5-17 Startup Logistics

France's Le Monde enters into content partnership with AI startup Perplexity (indianexpress.com)
2025-5-15 France Startup AI

Databricks agrees to acquire cloud database startup Neon for ~$1B, set to close in Q2 2025; Neon's platform is based on open-source database PostgreSQL (www.wsj.com)
2025-5-14 Database Startup

Apple partners with brain-computer interface startup Synchron to explore letting iPhone users control the device with brain signals via a stent-like implant (www.wsj.com)
2025-5-13 iPhone Startup Apple

Restaurant tech startup Owner.com, which offers AI website building, marketing, and other tools raised $120M co-led by Meritech and Headline at a $1B valuation (www.bloomberg.com)
2025-5-13 Startup AI

German defense tech startup Helsing unveils an autonomous underwater drone fleet, the SG-1 Fathom, powered by its AI system Lura to detect and classify sounds (t.co)
2025-5-13 Germany Startup AI Drone

Dealroom.co: content licensing and data marketplace startups like Pip Labs and ProRata have raised $215M since 2022 to help artists sell content for AI training (t.co)
2025-5-13 Startup AI

Google Launches New Initiative To Back Startups Building AI (tech.slashdot.org)
2025-5-13 Google Startup AI

E-commerce logistics startup Cart.com says it raised $50M, is now valued at $1.6B, is on track to cross $500M in revenue this year, and plans more acquisitions (www.axios.com)
2025-5-13 Startup Logistics

Israeli quantum computing startup Classiq raised a $110M Series C led by Entree Capital, taking its total funding to $173M since its 2020 founding (www.reuters.com)
2025-5-12 Israel Startup Quantum

A look at “AI-native” startups, which integrate AI into their workflows and team structures, allowing them to operate with fewer employees and consolidate tasks (www.bloomberg.com)
2025-5-12 Startup AI

This Gurugram-based startup offers legal support on subscription (indianexpress.com)
2025-5-11 Startup

Lloyd's of London insurers launch a product to cover companies for losses caused by AI chatbot errors; the policies are developed by YC-backed startup Armilla (t.co)
2025-5-11 Startup AI chatbot London

Theranos Fraudster's Partner Launches His Own Blood-Testing Startup (science.slashdot.org)
2025-5-11 Startup

The Trump administration's plan to cut the budget of the NSF, considered key to US tech leadership, by ~57% to $3.9B is alarming the startup and VC sector (fortune.com)
2025-5-10 Trump Startup Budget

ServiceNow agrees to acquire cloud-native data catalog and data governance startup Data.World, which had raised over $130M and was valued at $350M in 2022 (techcrunch.com)
2025-5-10 Startup

Microservices Are a Tax Your Startup Probably Can't Afford (nexo.sh)
2025-5-9 Microservice Tax Startup

SEC filing: Sterling Anderson, CPO and co-founder of self-driving truck startup Aurora, is resigning effective June 1, and will leave the board on August 31 (techcrunch.com)
2025-5-9 Startup

Sales automation startup Clay lets staff with 1+ year of tenure sell shares in a tender led by Sequoia at a $1.5B valuation, up from $1.25B in January 2025 (techcrunch.com)
2025-5-9 Startup

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