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Startup news this week showed steady progress and business as usual, with no major drama stealing the spotlight. Here are the most interesting stories from the week:
Most interesting startup stories from the week
– Chime, a digital consumer bank, filed for an IPO this week, revealing interesting numbers behind its marketing efforts.
– Databricks plans to acquire Neon, a startup creating an alternative to AWS Aurora Postgres, to enhance AI deployment options.
– Acorns acquired EarlyBird, an investment gifting platform, to strengthen its smart money app for kids.
– AutoUnify aims to bridge gaps in automotive retail through an API connecting various stakeholders.
Friend or foe
Google launched its AI Futures Fund while Y Combinator accused Google of monopolistic practices.
Dual use
British startup Vertical Aerospace is developing a hybrid-electric eVTOL aircraft for defense solutions.
Are you kidding?
Elizabeth Holmes’ partner aims to raise $50 million for a new blood-testing startup reminiscent of Theranos.
Most interesting VC and funding news this week
– Bestow raised a $120 million Series D for new products and capabilities.
– TensorWave secured a $100 million funding round for its data center infrastructure.
– Sprinter Health raised $55 million for at-home healthcare services.
– Nawy received $52 million to expand its proptech platform in the MENA region.
– Granola raised $43 million for AI note-taking and collaboration tools.
– Realta Fusion obtained $36 million for its Anvil prototype reactor.
– Hedra locked in $32 million for AI-generated talking baby podcasts.
– Doji secured $14 million for virtual apparel try-ons.
– Work-Bench raised $160 million for enterprise software founders.
– A fund by Mercury’s CEO will back early-stage startups.
Last but not least
Eric Slesinger, a CIA officer turned investor, is exclusively investing in European defense tech through 201 Ventures.
