Elon Musk founded xAI in July 2023 with a 12-person staff. In just under a year and a half, the company has been valued at a reported $50 billion.
Startup Women
VC investment in European startups is projected to decline for a third straight year, according to Atomico but there are signs things are finally stabilizing.
This month we cover: A new initiative that aims to close the gender funding gap for women-led startups, could an Aussie innovation help slash greenhouse gas emissions from grazing livestock by up to 98%? and Prime Minister Anthony Albanese has helped launch the Inner West Ale Trail, which celebrates 17 independent breweries in Sydneys craft beer capital.
Businesses in rural parts of southwestern Ontario are getting some help in boosting the tech side of their business.
The Dutch startup SeaO2 has secured over 2 million in funding to accelerate the development of its Direct Ocean Capture (DOC) technology.
Customs Window Technologies has closed an 800,000 seed funding round led by private and EIIS investors with the support of Enterprise Ireland High Potential
In this interview, DICT’s David Almirol and NDC’s Saturnino Mejia agreed that the Philippines is still developing its startup scene, but this may change as more venture builders enter the space.
Kiwi start-up Projectworks has wasted no time in building a US presence after its highly successful Series A funding round.
Presenter: Katie Curnutte, Nancy Poznoff, and Todd Olsen, Kingston Marketing Group (Current & Poznoff – co-founders; Olsen – senior VP of marketing) Topics: Fundamentals for Startups, Marketing, Training Posted: 10/28/2024
Slick+, an Irish software start-up, has announced a significant funding milestone of 500,000, with 150,000 secured from Enterprise Ireland through its High
German aerospace startup Lilium faces insolvency if it doesn’t raise emergency funding from the state government for the southeastern state of Bavaria.
While Aptera Motors continues to push forward with its production-intent (PI), solar EV builds ahead of production plans (hopefully) next year, and its timeline for initial customer deliveries is as cloudy as ever. The SEV startup quietly updated the estimated delivery timelines for all reservation holders, giving us an idea of where it stands in terms of scaled production. However, in speaking with Aptera, a lot of these numbers (for better or worse) depend on vital funding that has yet to be secured a common theme in the startup world.