A naukri.com initiative
TheStartupMag
14h
98
Image Credit: TheStartupMag
April in Review: Global startup funding remains steady, while AI continues to draw headlines and industries like Telehealth drive growth
- April 2025 saw a decrease in startup deals, though global venture funding remained flat year over year at $23 billion.
- Despite a record-breaking funding month in March driven by OpenAI, concerns about AI environmental impact arose.
- A report by the International Monetary Fund stated economic gains offset rising carbon emissions, boosting global output.
- Interest in AI-generated code surged, with Microsoft sharing that 30% of its code is AI-generated.
- Industries like Telehealth and pet tech health are driving growth, with the pet care economy expected to exceed $500 billion by 2030.
- Startup stories from April include USC Incubator successes, Horasis hosting climate-focused panels, and Leadsales CEO offering funding advice.
- AI startup Prezent appointed a biopharma executive to its board, while startup Aestro AI launched to transform debt recovery.
- GPU startup SQream named a new CEO to lead AI Factories, while Buddy.ai aims to democratize English tuition in Latin America.
- Skystem founder highlighted the importance of automated finance controls, and Y Combinator startup DeepSource released autonomous AI agents.
- With the tech sector growing in Latin America, Big data enterprise Source Meridian opened a new office in Ecuador to boost the country's tech scene.
Read Full Article
5 Likes
For uninterrupted reading, download the app