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Startup News
TechCrunch
1w
391
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How a hydrogen explosion led a teenage founder to become Sequoia’s first defense tech investment
- Mach Industries, Sequoia Capital's first defense tech investment, has raised over $80 million since its founding in 2023.
- The company faced a setback when a hydrogen gun prototype exploded, but has now pivoted away from hydrogen and is developing new weapons with the help of a safety team and funding from Sequoia.
- Mach is working with the US military, building different kinds of weapons such as a cruise missile and a bomb called 'Glide', and has plans for a network of decentralized factories.
- The ability to work with the federal government and build prototypes has contributed to the company's success in raising funds.
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23 Likes
Siliconangle
1w
407
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Tessell reels in $60M for its database-as-a-service platform
- Cloud database startup Tessell Inc. has raised $60 million in a funding round led by WestBridge Capital.
- Tessell provides a database-as-a-service (DaaS) platform that simplifies maintenance tasks and reduces costs.
- The platform supports various data types including relational databases and Milvus for AI models.
- Tessell plans to use the funding to enhance the platform, develop AI features, expand globally, and improve data integration.
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24 Likes
Siliconangle
1w
253
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Ripple acquires Hidden Road in $1.25B deal to expand institutional crypto services
- Blockchain company Ripple Labs Inc. has acquired prime brokerage firm Hidden Road Inc. for $1.25 billion.
- Hidden Road specializes in over-the-counter services for digital assets and offers a range of services, including clearing, prime brokerage, and financing.
- Ripple plans to use its balance sheet to expand its capacity and become the largest nonbank prime broker globally.
- The acquisition enables Hidden Road to leverage Ripple's stablecoin, RLUSD, as collateral and migrate post-trade activity to XRP Ledger.
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15 Likes
Medium
1w
54
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Mindaxa: The Intelligence That Thinks About Thinking
- Mindaxa aims to be the core intelligence layer bridging imagination and execution.
- It is an ecosystem in motion, powered by AI-generated architecture, self-evolving modules, and continuous updates from neural agents.
- Mindaxa replaces fragmentation with flow, offering natural language processing, code creation, visual synthesis, and more in one unified layer of thought.
- It is designed to continuously update itself, improve your life, and offer a deeper partnership with humans, without the intention of becoming conscious or controlling humanity.
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3 Likes
Gritdaily
1w
42
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Rethinking the Rails: The Challenges for Card Networks
- Fintech expert Felipe Izquierdo discusses challenges facing card networks in payments industry.
- Visa and Mastercard, backbone of global payments, face challenges in adapting to evolving market dynamics.
- Shift in payment landscape towards experimentation, quick product integration, and software-driven services.
- Traditional model of card payments under pressure as alternatives like Pix in Brazil and FedNow in the U.S. emerge.
- Regulatory pressure on interchange fees challenges Visa and Mastercard's revenue model.
- Vertical integration and platform expansion key for companies like Toast and future success in payments sector.
- Visa and Mastercard making acquisitions and investments in modernization, but fundamental shifts yet to be seen.
- Need for adaptability and quick evolution for card networks to stay competitive in changing payments landscape.
- Future success for card networks lies in vertical solutions, strategic agility, and product innovation.
- Mastering the next era of payments requires new skills beyond historical core competencies for card networks.
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2 Likes
Gritdaily
1w
143
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Sakina Naqvi Empowers Communities Through Service and Leadership
- Sakina Naqvi is an IT professional with nearly 30 years of experience and recognition as a leader.
- She balances her demanding career with community service and volunteer work.
- Naqvi is involved in various charitable initiatives and prefers a hands-on approach to support organizations.
- She envisions a future of continued volunteerism even after retirement.
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8 Likes
Gritdaily
1w
164
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Gail Pinkham Nelson: A Leader in Speech Pathology and Business
- Gail Pinkham Nelson has been a leader in speech pathology and business for over 40 years, making significant contributions to both fields.
- Nelson has a strong educational foundation, earning degrees in English, education, and speech pathology, and expanding her knowledge through various technical subject courses.
- In 2007, she founded G&G Connections LLC, where she excels in notary services, property sales, reverse mortgages, and debt reduction, utilizing her expertise in finance and management.
- Nelson's significant academic positions, including founding a speech pathology department and a nonprofit organization focused on the field, showcase her dedication to education and mentorship.
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9 Likes
Gritdaily
1w
218
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From Finance to Marketing: Jennifer Adams’ Expertise in Organizational Transformation Recognized by Marquis Who’s Who
- Jennifer Adams has expertise in organizational transformation, bridging finance and marketing, recognized by Marquis Who's Who.
- Acknowledged by Marquis Who's Who, Adams led organizational transformation in response to technological advancements and changing consumer expectations.
- In the financial services industry, Adams pioneered online benefits platforms, improving access for employees and setting industry standards.
- Adams transitioned to marketing at Bristol Myers Squibb, introducing agile methodologies and cloud-based tools for efficient operations.
- She emphasized maximizing technology to enhance work processes, streamline projects, and nurture innovative cultures within organizations.
- Adams' success stems from her curiosity, diverse educational background, and continuous learning from prestigious institutions.
- Her participation in professional organizations and commitment to staying current on digital trends have been instrumental in her career evolution.
- Marquis Who's Who recognizes Adams for her past achievements and ongoing contributions to business transformation across various industries.
- Adams' journey showcases adaptability, continuous learning, and innovative thinking in navigating a successful career trajectory.
- From enhancing online financial services to revolutionizing marketing operations, Adams exemplifies leadership in organizational change and innovation.
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13 Likes
Gritdaily
1w
134
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Iman Gadzhi Backs Whop in Digital Power Play
- Renowned digital entrepreneur and investor, Iman Gadzhi, joins Whop as a co-owner and strategic partner to strengthen its influence in the online business space.
- Iman Gadzhi's involvement is expected to accelerate Whop's growth, expand its user base, and enhance the ecosystem for creators to monetize their skills and digital products.
- With Whop processing over $1B in payments annually and an average creator income of $8,413 per month, Gadzhi's investment and leadership mark a new phase of expansion for the platform.
- Whop, founded in 2021, offers a seamless payment processing system and secure transactions, making it an attractive choice for digital entrepreneurs looking to sell various products.
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8 Likes
Gritdaily
1w
117
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Can Tech Save the World AND Your Laptop? GivBux and LapLok Wow the Titans on the Go Fund Yourself Show on Cheddar TV
- Go Fund Yourself, a show on Cheddar TV, merges entrepreneurship and crowdfunding, featuring startups like GivBux and LapLok in Episode 11.
- GivBux is a philanthropic fintech app that integrates shopping, rewards, and charity donations seamlessly, impressing the Titans with its mission to build a charitable giving community.
- LapLok by TechLok is a compact security device for laptops with features like an alarm and password management, aiming to combat rising tech theft incidents.
- The Titans saw LapLok as a necessary tool for data protection, calling it 'LoJack for laptops but cooler.'
- Go Fund Yourself stands out with industry-leading Titans offering mentorship, exposure, and live crowdfunding opportunities to support startups.
- Viewers can invest in the live crowdfunding campaigns of featured startups during the show, bridging Shark Tank with Kickstarter.
- GivBux and LapLok impressed the Titans with their innovation and purpose-driven missions, leaving viewers inspired and eager to back these businesses.
- Episode 11 showcased how fintech and tech solutions can make a positive impact, emphasizing the show's role as more than just entertainment but a movement.
- Don't miss the next episode of Go Fund Yourself on April 10, offering viewers a chance to support groundbreaking startups and be part of the future of entrepreneurship.
- The show is a platform for innovators to pitch their ideas, seek investment, and engage with a community that believes in supporting and championing impactful businesses.
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7 Likes
Inc42
1w
88
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Dixon To Set Up INR 1,000 Cr Laptop Manufacturing Unit In Tamil Nadu
- Electronics manufacturer Dixon Technologies has signed an MoU to set up a laptop manufacturing facility in Tamil Nadu.
- The manufacturing unit will be based in Kancheepuram's Oragadam IndoSpace Industrial Park.
- The investment for the facility amounts to INR 1,000 Cr.
- The plant is expected to create employment for 5,000 people.
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5 Likes
Medium
1w
130
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From Structured Systems to Startup Chaos — Or Why I’m Glad I Didn’t Start in Tech
- The author reflects on their career journey from structured systems in the United Nations to the chaos of IT startups.
- After starting in military journalism, the shift to the banking sector taught critical thinking, speed, and accuracy.
- Transitioning to IT startups, the author found that structured approaches learned in previous roles were vital for making sense of chaos.
- Lessons from the UN, such as multilateral influence, were applied to creating partnerships and aligning stakeholder interests as a SaaS CEO.
- The author emphasizes the importance of data-driven decision-making inherited from the banking sector for growth in a SaaS business.
- Using techniques like 'silent negotiation,' the author guides teams and influences decisions subtly as a SaaS CEO.
- Lessons in risk management from banking inform calculated risk-taking as a SaaS CEO, essential for growth and decision-making.
- Drawing on diplomatic skills, emotional intelligence aids in navigating crises as a SaaS CEO, fostering team cohesion and effective solutions.
- The focus on financial discipline from banking helps the author optimize spending and resources wisely in their SaaS company.
- Gaining insights from the UN, cultural sensitivity plays a key role in product design and marketing for a global SaaS audience.
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7 Likes
Hackernoon
1w
147
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Bootstrapping Surge: Why 57% More Founders Are Self-Funding in 2025
- A significant trend in the startup landscape is the increase in founders opting to self-fund their ventures, with a 57% surge in bootstrapping observed in 2025 compared to the previous year.
- The shift towards bootstrapping reflects changes in how entrepreneurs approach business building amidst the evolving economic conditions, marking a departure from the traditional reliance on venture capital.
- Founder salaries have seen a notable decrease, emphasizing a reevaluation of the connection between personal compensation, company funding, and sustainable growth in the current startup climate.
- The funding environment for early-stage companies has become more challenging, with smaller deal sizes on the decline, leading to a more capital-efficient mindset among founders.
- Bootstrapped founders often prioritize funding operations over personal compensation, showcasing a shift towards controlled spending and operational discipline as competitive advantages.
- The rise in AI-focused startups alongside the bootstrapping trend highlights the efficiency gains enabled by AI technologies in allowing companies to achieve more with fewer resources.
- Geographical location plays a significant role in startup economics, with regions with lower living costs often exhibiting higher rates of self-funding ventures, creating self-reinforcing ecosystems for bootstrapping.
- Founder salaries tend to increase with team size but plateau after a certain threshold, typically between 11-25 employees, indicating a transition towards sustainable growth for bootstrapped companies.
- Factors such as changing investor expectations, accessible technology, and shifting founder demographics are key drivers behind the current trend towards bootstrapping among startups.
- The bootstrapping playbook for 2025 advises founders to embrace capital constraints, plan for the 11-employee milestone, and consider leveraging geographical advantages to optimize profitability and personal economics.
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8 Likes
Inc42
1w
210
Image Credit: Inc42
Ranjan Pai’s Claypond Capital Appoints Sekhar Garisa As New MD
- Claypond Capital, the family investment office of Manipal Group chairman Ranjan Pai, has appointed Sekhar Garisa as its new managing director.
- Garisa, a former Microsoft executive, brings nearly two decades of experience spanning sectors like FMCG, consumer internet, and consulting.
- Claypond Capital aims to be the partner of choice for India's entrepreneurs, focusing on a strong 'Entrepreneur First approach'.
- This appointment follows Claypond Capital's previous appointment of Shravan Subramanyam, former MD of Wipro-GE Healthcare, as the head of their medical technology platform.
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12 Likes
Medium
1w
29
Image Credit: Medium
AI as a startup force multiplier: The CEO of SPRX explains how AI is showing the path to…
- Dominic's experience in corporate accounting spurred him to start SPRX, an AI-powered startup simplifying R&D tax credit studies.
- This niche market lacked innovation due to a lack of interest from software and accounting firms in addressing the issue.
- SPRX leverages AI to streamline the time-consuming tax credit process, attracting over 500 clients with its automation platform.
- The company's lean approach allowed it to start with only 2 developers and gradually scale up its workforce to 25.
- Dominic emphasizes the importance of utilizing AI as a force multiplier in building specialized solutions like SPRX's product.
- SPRX's transition to a client-focused model led to improved product-market fit and significant growth.
- The company's strategy involves hiring engineers with domain expertise in tax code, rather than a large team of generalists.
- Dominic predicts a rise in founders developing hyper-specific solutions using AI, emphasizing domain expertise over technical skills.
- He believes that founders understanding their industries well will be key in successfully creating and selling niche products.
- The changing dynamics of product development highlight the increasing viability of starting companies based on specialized industry knowledge.
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