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Startup News
Eu-Startups
1w
234
Building the future: Hardware startups solving global challenges with Onshape (Sponsored)
- Hardware startups face urgent global challenges but traditional tools can limit solutions.
- Accelerators like Carbon13 and mHUB partner with Onshape for world-class collaboration.
- Onshape's cloud-native platform empowers startups to innovate faster and across borders.
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TechCrunch
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1.7k
Image Credit: TechCrunch
Israeli quantum startup Qedma just raised $26M, with IBM joining in
- Israeli startup Qedma, specializing in error-mitigation software, secures $26M funding with IBM involvement.
- Google and IBM work on error-correction in quantum computing, while Qedma focuses on software.
- Qedma aims to allow accurate running of large quantum circuits without error-correction advancements.
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Siliconcanals
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397
Image Credit: Siliconcanals
Sweden’s Nordic Air Defence secures €2.5M to accelerate Europe’s drone defence revolution
- Nordic Air Defence, a defense tech startup based in Stockholm, has secured $3M (approximately €2.5M) in expansion of its pre-seed funding round, bringing the total raised to $4.4M (approximately €3.7M).
- The funding round was led by venture capital firm Inflection, resulting in changes to the company's board composition to support its growth phase.
- The company appointed new senior leaders with expertise in drone systems, autonomous navigation, and advanced sensing to drive innovation in defense technology.
- The company's focus is on developing high-tech defensive solutions, including the Kreuger 100 lightweight drone interceptor platform, with plans to expand its product range for various applications.
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AllTopStartups
1w
393
Image Credit: AllTopStartups
Navigating UK Customs: Software for Declarations
- Customs declaration software in the UK offers automation that saves time and money by reducing manual work and minimizing errors that could lead to fines or delays.
- Advanced technologies like AI and machine learning in customs software enhance efficiency by automating data filling and checking processes, allowing businesses to focus on important aspects beyond paperwork.
- Customs software helps in cost savings by minimizing risks associated with errors in declarations, such as fines, delays, and loss of goods, especially crucial with the increased complexity post-Brexit.
- The importance of customs software lies in its ability to adapt to changing rules post-Brexit, offering compliance management, cloud-based flexibility, cybersecurity measures, seamless integration with existing systems, and improved workflow efficiency for startups aiming to expand internationally.
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SiliconCanals
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380
Image Credit: SiliconCanals
European AI leaders join forces to push two-year pause on AI Act: All you need to know
- A group of European business and tech leaders are urging the European Commission to delay the full rollout of the EU AI Act due to concerns about its impact on growth, enforcement, and innovation.
- CEOs are requesting a more innovation-friendly approach and a two-year pause on major obligations of the AI Act to allow for practical standards and implementation guidance to be put in place.
- The pause would affect obligations for general-purpose AI models starting in 2025 and for high-risk AI systems beginning in 2026 and 2027.
- Signatories from the EU AI Champions Initiative, including startups and established firms like Mercedes-Benz and Siemens Energy, are calling for strategic implementation of regulations to balance innovation and compliance.
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Startup Pedia
1w
100
Image Credit: Startup Pedia
Tamil Nadu Couple Once Made Natural Soaps With Just Rs 7k - Clocked Rs 30 Lakh Turnover In FY25, Now Produces For Sadhguru’s ISHA Foundation
- Tamil Nadu couple found Akathiya Natural, inspired by homemade beauty remedies from childhood.
- Founded in 2018, brand offers 100% organic hair, skincare products using local ingredients.
- Started with initial investment of Rs 7,000, now eyeing Rs 2 crore turnover for FY26.
- Employing 12 women in manufacturing, brand sells directly and does third-party manufacturing.
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The Robot Report
1w
196
Pittsburgh Robotics Network launches Deep Tech Institute for Leadership and Innovation
- The Pittsburgh Robotics Network launched the Deep Tech Institute for Leadership and Innovation (DTI) to provide technical leadership development for deep tech companies' staff.
- The Deep Tech Institute aims to strengthen robotics, artificial intelligence, and advanced technology workforces by investing in talent to commercialize breakthrough technologies.
- The institute offers a two-tiered approach focusing on Emerging Leaders for early-career technical professionals and Senior Leaders for internal technical leaders in the sector.
- PRN plans to introduce programs to equip robotics and AI company employees with leadership skills for managing teams, aligning technical efforts with business strategy, and driving sustainable growth.
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Startup Pedia
1w
885
Image Credit: Startup Pedia
Infosys asks staff to maintain work-life balance, countering Narayana Murthy's 70-hour workweek pitch
- Infosys has implemented a new policy urging employees to maintain a work-life balance and avoid long working hours while working from home.
- The company introduced a system that triggers a warning if employees work over 9 hours and 15 minutes in a day.
- Narayana Murthy had previously advocated for a 70-hour work week, but Infosys' new policy aims to address possible health risks faced by employees, diverging from Murthy's stance.
- The policy change comes after reports of employees facing health risks, with differing opinions in the business world regarding the ideal work hours to ensure employee well-being and productivity.
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Inc42
1w
297
Image Credit: Inc42
Exclusive: IPO-Bound NoPaperForms Converts Into Public Entity
- NoPaperForms, backed by Info Edge, has converted into a public entity to prepare for its IPO.
- The startup's board approved the conversion, dropping 'private' from its name, now called 'NoPaperForms Solutions Limited.'
- The SaaS startup, also known as Meritto, is expected to file IPO papers for a public issue aiming to value the company at around INR 2,000 Cr ($234 Mn) by the end of 2025.
- The startup, founded in 2017, offers software products for the education industry. It turned profitable in FY24 with a revenue of INR 70 Cr and a profit of INR 4 Lakh.
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ISN
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189
Image Credit: ISN
This Indian startup has raised $4.15 million to revolutionize chip design with GenAI
- Bengaluru-based deeptech startup Maieutic Semiconductor has raised $4.15 million in a seed funding round co-led by Endiya Partners and Exfinity Venture Partners.
- The funding aims to revolutionize chip design by leveraging generative AI in the design and development workflows, addressing complex challenges in the semiconductor design industry.
- Maieutic Semiconductor's GenAI-first platform accelerates chip design processes, domain expert reviews, and analysis of design trade-offs, allowing for faster time-to-market.
- The founding team, with industry veterans and significant experience, plans to expand its engineering team and enhance productivity in semiconductor design with cutting-edge AI techniques.
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Inc42
1w
33
Image Credit: Inc42
Zomato Long-Distance Fee: NRAI To Act On Restaurants’ Complaints
- NRAI is set to discuss Zomato's long-distance service fee with CEO Deepinder Goyal this month following complaints from restaurants.
- Restaurants have raised concerns over Zomato's service charge for long-distance deliveries, alleging it breaches the 30% commission cap.
- Apart from the fee, restaurants are unhappy with Zomato trying to change agreements and introduce penalties for maintaining price parity.
- Eternal, Zomato's parent company, aims to boost revenue amidst a slowdown by introducing new monetization models and exploring partnerships for food deliveries.
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Inc42
1w
314
Image Credit: Inc42
Can Swiggy Crew Deliver Luxury On Demand?
- Swiggy introduced Crew for premium services targeting affluent, demanding personalized experiences and lifestyle services.
- With a rise in India's wealthy individuals, Swiggy aims to provide travel and lifestyle concierge.
- Competing with startups like Indulge and Red Beryl, Swiggy plans to cater to growing upper-middle class.
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Eu-Startups
1w
351
Munich-based EDURINO raises €17 million to give children a responsible, playful entry into the world of digital education
- German EdTech startup EDURINO raises €17 million in Series B financing to become Europe’s leading platform for educational gaming for children.
- The funding round was led by Ravensburger Next Ventures with participation from various investors, aiming to set the standard for digital learning at pre-school and primary school age.
- EDURINO combines educational games, ergonomic input tools, and animated characters teaching skills like reading, coding, and environmental awareness. They have sold over one million products and are used in more than 1,500 educational institutions.
- The company plans to focus on platform development, international scaling, and retail expansion with the Series B funding. They aim to create interactive learning experiences and make education an emotional experience for families.
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Inc42
1w
201
Image Credit: Inc42
Peak XV Invests In Fitternity Founder’s Fertility Startup Luma
- Venture capital firm Peak XV Partners has invested in the fertility-focused healthtech startup Luma Fertility, backing the startup's $4 million seed funding round led by its seed platform, Surge.
- Luma Fertility plans to use the funding to expand its presence in Mumbai and aims to establish 50 clinics in metro cities to address the growing concern of infertility in India.
- Founded in 2024 by Neha Motwani, who previously founded Fitternity, Luma Fertility aims to revolutionize fertility care in India by offering services such as IVF, egg and embryo freezing, and at-home semen analysis.
- The market for fertility treatments in India is expected to reach $5 billion by 2033, with Luma Fertility competing with both new-age startups and established players in the industry.
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Medium
1w
347
What is a media exclusive, and when and how to negotiate one
- An exclusive in media relations can be strategically beneficial in certain situations.
- Examples of when to negotiate an exclusive include having sensitive news, ensuring a positive narrative, or targeting specific media coverage.
- Negotiating an exclusive can help maintain control of the message, secure coverage in competitive situations, or minimize attention when necessary.
- Exclusives can be used to shape how news is portrayed and strategically manage media attention.
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