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Insider
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OpenAI engineers are 8 times as likely to join Anthropic than the reverse, a report says. Here's why.
- Anthropic is attracting top talent from OpenAI and Google DeepMind, being eight times as likely for an OpenAI engineer to join Anthropic than vice versa.
- Anthropic's focus on AI safety and coding, along with its early-stage status offering more equity upside, has aided in attracting talent.
- Top leaders, including two of OpenAI's cofounders, have joined Anthropic, with the startup having a strong retention rate compared to OpenAI and DeepMind.
- The talent shift is also attributed to Anthropic's AI assistant, Claude, gaining popularity among developers, and the allure of early equity in an earlier-stage company like Anthropic.
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Insider
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The Palantir job that grows startup founders
- Palantir's Forward Deployed Software Engineers (FDSEs) play a crucial role in shaping startup founders, offering high autonomy leading to entrepreneurial ventures.
- Anduril boasts former FDSEs from Palantir among its founding team, reflecting the success of FDSEs transitioning to entrepreneurship.
- The job of a Palantir FDSE involves direct client interaction and decision-making, providing valuable experience for aspiring founders.
- Many startup founders, such as Trae Stephens and Matt Grimm of Anduril, started their entrepreneurial journey as FDSEs at Palantir.
- The FDSE role accelerates skills necessary for running a startup successfully, as exemplified by Lisa Vo, who launched multiple startups after her FDSE stint at Palantir.
- Palantir's FDSEs, known as 'Deltas,' work closely with clients like government agencies and corporations to adapt and implement software solutions in real-time.
- FDSEs are encouraged to iterate quickly, think creatively, and solve complex problems, mirroring the mindset required for entrepreneurship.
- Palantir's ethos of 'Forward Deployed' emphasizes speed, efficiency, and close collaboration with clients, fostering a culture conducive to innovation and problem-solving.
- The experience gained as an FDSE in translating customer feedback into practical solutions proves valuable for founders like Gary Lin, CEO of Explo.
- Former FDSEs credit Palantir's focus on outcome and impact for clients as instrumental in shaping their entrepreneurial mindset and approach to startups.
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Inc42
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Swiggy Shares Rally 7% After Morgan Stanley Initiates Coverage With ‘Overweight’ Rating
- Swiggy's shares surged over 7% to INR 357.55 after Morgan Stanley initiated coverage with an 'overweight' rating.
- Swiggy's market capitalization reached INR 88,836 Cr with 2.61 Cr shares traded by 1:05 PM.
- Morgan Stanley raised Swiggy's stock price target to INR 405, citing improving execution in food delivery and expanding quick-commerce TAM.
- Swiggy's consolidated net loss increased 95% YoY to INR 1,081.2 Cr in FY25 Q4 as quick commerce expansion impacted the bottom line.
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Inc42
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Indian Unicorn Tracker: Funding, Investors, Revenue And More
- The year 2025 started with Netradyne becoming India's first unicorn, following a funding slump.
- India had 45 unicorns in 2021, 22 in 2022, two in 2023, and seven in 2024.
- 122 Indian startups have achieved unicorn status, with the pace of new entrants slowing down.
- Startups are focusing more on sustainable models and profitability amid selective funding.
- As of May 2025, Indian unicorns collectively raised over $115 Bn and have a valuation exceeding $363 Bn.
- Bengaluru leads as India's unicorn capital, with 50 startups, with strong engineering talent and investor networks.
- Delhi NCR and Mumbai follow with 39 and 17 unicorns, while Pune and Chennai have 8 and 5 unicorns, respectively.
- Ecommerce, fintech, and enterprise tech dominate the unicorn landscape, with media, logistics, consumer services, and edtech also thriving.
- Travel tech and healthtech sectors are gaining momentum, reflecting post-pandemic trends.
- The Indian Unicorn Tracker by Inc42 provides comprehensive data on unicorns, funding, investors, and more.
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Eu-Startups
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Berlin-based InsurTech startup Baobab Insurance raises €12 million for cybersecurity insurance
- Berlin-based InsurTech startup Baobab Insurance raises €12 million for cybersecurity insurance.
- Baobab Insurance secured a €12 million Series A financing round led by Viola FinTech and eCapital, along with participation from existing investors and industry professionals.
- The company focuses on active risk mitigation for cyber and digital risks through AI-native underwriting and various risk management solutions.
- Baobab plans to expand its operations, grow its team, strengthen its presence in Germany and Austria, and enter additional EU markets within the next year.
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Economic Times
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Bessemer Venture Partners hires Pankaj Mitra to lead AI, enterprise-tech bets in India
- Bessemer Venture Partners has appointed Pankaj Mitra as a partner in its India team to focus on investments in AI, enterprise technology, and cybersecurity.
- Mitra joins BVP from Cisco's corporate development team and has experience in leading investments and M&A activities for various companies.
- BVP closed its second India-focused fund at $350 million in March to back early-stage startups across various sectors, including AI, SaaS, fintech, and cybersecurity.
- Bessemer Venture Partners has backed over 80 startups in India with nine Indian portfolio companies having gone public, including Swiggy, Indian Energy Exchange, and Bharat Matrimony.
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Inc42
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Dixon Seeks Govt Nod To Partner China’s HKC For Module Unit
- Dixon Technologies is seeking government approval to partner with China's HKC for its display module manufacturing unit in Noida.
- The partnership aims to establish a factory for mobile phones, laptops, and televisions, with HKC expected to hold a minority stake.
- Dixon is exploring partnerships to enhance India's manufacturing ecosystem for diodes and components and is already part of multiple Production-Linked Incentive (PLI) schemes.
- Indian companies are forming joint ventures with Chinese firms to access critical components and technology, amidst geopolitical tensions and trade uncertainties.
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Eu-Startups
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Code meets care: 20 European HealthTech startups to watch in 2025 and beyond
- A new generation of HealthTech startups in Europe is reshaping healthcare with digital solutions and software-driven technologies, focusing on patient care, medical advancements, and biotech/pharma developments.
- European HealthTech startups are attracting significant VC funding, with AI-led drug discovery and digital therapeutics emerging as key areas of focus in the industry since 2017.
- Adsilico, a UK-based startup founded in 2022, is revolutionizing medical device development by using computational modeling and AI simulations for in-silico trials, reducing reliance on animal testing.
- AERA Health from Switzerland, founded in 2022, emphasizes preventive healthcare by merging technology and personalized care to offer tailored health insights supporting long-term wellness.
- Axithra, a startup from Ghent founded in 2023, focuses on advancing therapeutic drug monitoring by providing a platform that measures drug concentrations in blood for personalized treatments.
- Biorce in Barcelona, established in 2024, uses AI to streamline clinical research for improved drug development, aiming to make treatments more accessible and efficient.
- Callyope, a Paris startup founded in 2023, is redefining psychiatric care through voice-based technology that monitors mental health disorders, aiding in diagnostics and treatment planning.
- CareLoop Health, a spinout from the University of Manchester founded in 2022, offers digital patient support and symptom tracking for mental health needs, focusing on preventive healthcare.
- Inify Laboratories from Sweden, launched in 2022, focuses on cancer diagnostics with digital workflows and AI-powered pathology services, enhancing diagnostic quality and turnaround times.
- Kor, based in Paris and founded in 2023, shifts healthcare focus to prevention with a service that helps users evaluate and improve their well-being through personalized health profiles.
- Level Zero Health in London, established in 2023, develops biosensor technology for capturing clinical-grade health data outside traditional medical settings, bridging the gap between daily monitoring and diagnostics.
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ISN
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Lab-grown diamond jewellry brand True Diamond raises Rs 26 crore in a pre-Series A round
- Lab-grown diamond jewelry brand True Diamond has raised Rs 26 crore in a pre-Series A funding round led by India Quotient, with participation from existing investors Titan Capital Winners Fund and Huddle Ventures.
- Founded in early 2024 by Darayus Mehta and Parin Shah, True Diamond focuses on sustainability, innovation, and quality, aiming to redefine luxury in the jewelry industry. It offers a variety of products including rings, earrings, pendants, and more, with over 5,000 designs in its catalog.
- The funding will be used to accelerate True Diamond’s omnichannel strategy, focusing on offline expansion. The brand has already opened retail outlets in Mumbai, Hyderabad, and Noida, with plans for more stores in metro cities.
- Investors like India Quotient and Titan Capital Winners Fund express confidence in True Diamond's potential in the lab-grown diamond market. True Diamond aims to deliver an aspirational omnichannel retail experience within the segment.
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SiliconCanals
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Finnish medtech AIATELLA raises €2M: Co-founder Jack Parker on using AI for preventative cardiovascular screening and easing radiologist burnout
- Finnish medtech startup AIATELLA has raised €2M in funding led by Nordic Science Investments to develop its AI-powered cardiovascular imaging technology.
- The company aims to automate manual processes in medical imaging and move towards preventative cardiovascular care.
- AIATELLA's multi-modal Automated Image Measurement (AIM) technology analyzes vascular imaging and provides precise measurements for clinical decision-making.
- The company is developing an ultrasound-based portable screening technology for mass screening of at-risk populations.
- AIATELLA focuses on diverse demographic representation in its AI imaging technology for more accurate diagnoses across different populations.
- The portable screening technology aims to improve access to early detection of cardiovascular diseases, especially in underserved communities.
- AIATELLA is conducting clinical trials and seeking regulatory approvals for its technology in various countries.
- The company believes in supporting radiologists by automating routine tasks and allowing them to focus on high-value clinical work.
- AIATELLA's goal is to reshape hospital workflows to prioritize clinical thinking over manual labor with the help of AI technology.
- The company's technology has already been used in Finland and the UK to identify individuals at risk of cardiovascular diseases for further evaluation.
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SiliconCanals
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Swiss startup Aeon lands €8.2M to fight preventable deaths through AI, early detection, and precision care
- Swiss startup Aeon, focused on preventive health, secures €8.2M in seed funding round led by London-based VC Concentric.
- Funds will be used for expanding across Switzerland, Germany, and the UK, improving AI platform, and building partnerships with insurers and employers.
- Aeon offers AI-powered check-ups combining whole-body MRI, blood biomarker analysis, and genetic testing to detect over 500 diseases early with a 0% false positive rate.
- The company aims to redefine preventive care by providing proactive, personalized health management and has already signed deals with Switzerland's largest insurance providers.
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Inc42
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How Snitch Stitched An INR 500 Cr Revenue Run In 5 years
- Siddharth Dungarwal, founder of Snitch, turned a failed large order into a successful INR 500 Cr revenue brand over five years.
- Starting with a clothing shop in Bengaluru, Dungarwal pivoted to D2C menswear brand Snitch after facing unexpected challenges in the textile business.
- Snitch's journey involved overcoming setbacks like unsold inventory and transition to manufacturing t-shirts, led by Dungarwal's perseverance and strategic decisions.
- The brand's entry into the D2C market, offering a range of apparel, saw rapid growth and recognition, including a deal on Shark Tank India.
- Snitch's success was fueled by its operational backbone, trend-first approach, and customer focus in a competitive fashion landscape.
- Adapting to challenges like the Covid-19 pandemic, Snitch embraced D2C, online presence, and omnichannel strategy to scale and build resilience.
- With a focus on speed, customer obsession, and omnichannel expansion, Snitch achieved a significant revenue growth, targeting INR 1K Cr by FY30.
- The brand's journey reflects a balance between online and offline channels, with plans for store expansion and category diversification to stay competitive.
- While facing competition from emerging brands and global fashion giants, Snitch aims to maintain financial discipline and innovative strategies for sustained growth.
- Through continuous evolution and strategic moves, Snitch seeks to establish itself as a prominent player in the fast-paced fashion market.
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Eu-Startups
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Planet-sized ambitions: Swiss startup Jua lands €10 million to launch AI-based earth simulation
- Swiss startup Jua, creator of the most advanced AI-based Earth simulation, secures €10 million Series A funding round.
- Funding will accelerate the commercial rollout of Jua's Earth Intelligence Platform, aiding energy traders in decision-making through simulating real-world behavior.
- Jua combines physics-simulating AI, climate modeling, and energy systems expertise to address climate volatility and geopolitical instability.
- Jua's EPT-2.0 AI model outperforms traditional weather models and AI systems, focusing on accurate forecasting critical for various sectors.
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Medium
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Is Agritech the ‘Invisible Giant’ of African Tech? Let’s Talk About It.
- African Agritech industry is considered as the 'Invisible Giant' in the tech sector due to its significant impact on the economy.
- Agriculture remains a crucial sector in Nigeria's economy, and technology has the potential to revolutionize and improve this industry.
- Noteworthy Nigerian Agritech companies like AgroMall, Farmcrowdy, and Thrive Agric are addressing key gaps in the agricultural ecosystem, impacting thousands of farmers.
- There is a call to expand the discussion around Agritech, recognizing its importance in economic growth, food security, and poverty alleviation in Africa.
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Medium
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Go Echoes: The Silent Operator Redefining Global Sales from Lisbon
- Go Echoes, launched in 2025, offers a 'Sales-as-a-Service' model providing trained sales professionals for quick ramp-up.
- Clients benefit from faster go-to-market acceleration, saving 6 to 12 months with pre-built playbooks and processes.
- Echoes, sourced from Latin America and North Africa, ensure real-time operations and cultural integration.
- The Lisbon-based firm focuses on data-driven coaching and cultural fluency as a growth partner for scaleups.
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