The Latest

Pika, which is building AI tools to generate and edit videos, raises $55M

The generative AI hype hasn’t died down yet. Case in point, Pika, a startup creating an AI-powered platform to edit and generate videos from captions and still images, today announced that it ra

Candex lands $45M infusion to grow its procurement management business

Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B invest

Solve Intelligence helps attorneys draft patents for IP analysis and generation

Many legal tech startups streamline manual workflow for lawyers, and some legal tech companies provide tech solutions centered around intellectual property (IP). Among them is a startup called Solve I

Vimcal raises $4.5 million to expand its team offerings

Vimcal, a YC-backed calendar app, has raised a $4.5 million seed round from Altos Ventures to expand its team and enterprise offerings. The company, founded by CEO John Li, launched its iOS app and Ou

NXTP closes largest fund with $98M for early-stage B2B founders in Latin America

NXTP Fund III represents over a 2x increase from the size of its previous fund, enabling the firm to invest in between 25 and 30 companies this time around.

AWS brings Amazon One palm-scanning authentication to the enterprise

Amazon’s cloud computing subsidiary AWS (Amazon Web Services) has lifted the lid on a new palm-scanning identity service that allows companies to authenticate people when entering physical premi

Meta’s EU ad-free subscription faces early privacy challenge

Meta’s shiny new bid to circumvent European Union privacy rules — by offering users a false choice between paying it a hefty monthly subscription for ad-free versions of Facebook and Insta

As pet owners turn to mobile insurance apps, Lassie raises $25M Series B led by Balderton

We last wrote about Lassie, a pet health app and insurance provider, when it closed an €11 million Series A round in 2022. It’s growth had been spurred by the boom in pet ownership during the pand

Augment provides an MBA-like program, but exclusively online

French startup Augment has seen the incredible rise of online courses and edtech companies, as well as its potential when it comes to reinventing education at scale. That’s why the startup has been

Wind.app makes DeFi accessible to the average consumer

Hussain Elius is best known as the co-founder of Pathao, one of Bangladesh’s top ride-sharing apps. For his latest startup, however, Elius is exploring the world of DeFi with Wind.app, a self-custod

Amazon announces three new serverless offerings to kick off re:Invent

Amazon kicked off AWS re:Invent, its annual customer conference, in Las Vegas tonight with a few new serverless offerings designed to make it easier to manage Aurora, Elastic Cache and Redshift server

Paris-based startup studio Hexa raises some funding to launch even more startups

You might not be familiar with Hexa, the Paris-based startup studio that has launched dozens of B2B software companies, but some of its portfolio companies have become well-known unicorns, such as Fro

Apple partner Foxconn to invest $1.5 billion in India

Foxconn plans to invest $1.54 billion in India, the latest in its growing expansion plan, following a surge in revenues in the South Asian market. Foxconn said in a stock exchange filing that the inve

Inflow connects small fashion brands with manufacturers in Vietnam

Textiles and garments contribute 16% of Vietnam’s total GPD, but it’s challenging for small garment brands to take advantage of the country’s manufacturing prowess. Inflow is stepping into the g

European startup funding halved to $45B in 2023, says Atomico

The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist, and one of the most acutely impacted areas has been VC f

Cradle’s AI-powered protein programming platform levels up with $24M in new funding

Biotech and AI startup Cradle is finding success with its generative approach to protein design, landing big customers and a hefty $24 million of new investment. The company exited stealth a little ov

Amazon’s iRobot purchase sucks up formal competition concerns in EU

European Union regulators have sent Amazon a formal statement of objections setting out competition concerns over its proposed acquisition of robot vacuum maker, iRobot. The step does not confirm the

Terran Orbital sues former CTO who joined call for leadership shake-up

Terran Orbital is suing its former CTO, Austin Williams, a little over a month after he and other shareholders publicly called for a change in company leadership. Williams was a co-founder of satellit

Shein files confidentially to go public in the US

Singapore-based fast fashion platform Shein has confidentially planned to go public in the United States, according to multiple media reports. The Wall Street Journal broke the news earlier on Monday.

Max Q: The Thanksgiving edition

For my American readers, I hope you had a restful Thanksgiving with loved ones. In this issue: Venturi Astrolab's first moon rover mission, news from OneWeb India and more.
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