Startups

Venture capital investments worldwide decreased by 35% in 2023 – PitchBook

In 2023, investors invested $345.7 billion in startups around the world. Compared to 2022, this figure decreased by 35%. Moreover, last year’s result was the lowest since 2017. This is evidenced by data from PitchBook, writes Bloomberg. As for the US, venture capital investments amounted to $170.6 billion, which is ... Read more

Funding for European tech startups will fall to $45 billion in 2023

The amount of capital invested in European tech startups will decrease to $45 billion in 2023. This is stated in the report of the venture capital company Atomico, writes Reuters. The expected figure is 55% lower than in 2021, when the volume of investments exceeded $100 billion for the first ... Read more

Circu Li-ion technology will allow you to check the status of batteries for reuse

A new battery recycling machine is capable of diagnosing the state of a power source in seconds. Antoine Welter, co-founder and CEO of the Luxembourg-based startup Circu Li-ion, spoke about the development of the machine, writes TechCrunch. “We know exactly which cell can be reused and which one can’t,” he ... Read more

Web Summit finds itself at the center of a scandal over its founder’s stance on Israel

Representatives of Israel’s tech community are outraged by Web Summit founder Paddy Cosgrave’s comments on the conflict between Israel and the Gaza Strip, writes TechCrunch. It all started when Hamas militants attacked Israel and killed about 1,400 people. At the time, many people, including on social media, expressed shock, sympathy, ... Read more

Finally something new: the startup Humane showed a wearable device with a projection screen

Former Apple designer Imran Chaudhri, who created the iPhone interface, showed at the TED 2023 conference a device from his startup Humane, which promises to make technology less intrusive and more human. This development remained a secret for a long time, and Chaudhri finally showed what the company is working ... Read more

The Ukrainian startup Uspacy launched on Product Hunt, it created a digital workspace for small and serial businesses

In mid-February, the Uspacy team presented a Ukrainian online service — a single digital workspace for organizing the daily processes of small businesses and medium-sized businesses. It’s an all-in-one toolset that combines team communication, task collaboration, and CRM. And most importantly, it makes it possible to migrate from the products ... Read more

Mozilla is launching a new startup focused on “trustworthy” AI

Ahead of its 25th anniversary, Mozilla launches AI startup, reports TechCrunch. According to Mark Surman, Executive President of Mozilla.ai, the company’s mission is not to create just any AI, but to create open source AI that is “trustworthy”. “Working on trustworthy AI for almost five years, I’ve constantly felt a ... Read more

The technology industry developed so quickly that it broke SVB – its most prestigious bank

On its last night, Silicon Valley Bank (SVB) hosted venture capitalist Bill Reichert of Pegasus Tech Ventures, who gave a presentation on the topic “How to pitch your WOW! Investors” for about 50 people. “It was eerie over there,” this is how Mike McEvoy, the CEO of OmniLayers described the ... Read more

The Humane startup of former Apple executives has raised $100 million and is collaborating with Microsoft and OpenAI

Humane, a startup founded by former Apple executives, announced a new round of investment of $100 million and a partnership with OpenAI and Microsoft, reports WSJ. The startup, founded by Imran Chaudhri and Bethany Bongiorno, plans to release a product this spring that incorporates artificial intelligence into user devices. The ... Read more

Synchron startup is testing a brain implant to control devices with the help of the mind

In a Brooklyn lab lined with 3D printers and a makeshift pickleball court, employees of a brain interface startup called Synchron are working on technology designed to change the daily lives of people with paralysis. The Synchron Switch is implanted through blood vessels to allow people with no or very ... Read more

Oneleaf – an application for self-hypnosis was released

Oneleaf is a new startup that wants to make hypnosis a mass phenomenon. The company has developed an app that will help you start practicing hypnosis and follow different programs to quit smoking, reduce anxiety or lose weight. Oneleaf raised $4.6 million from Frst, Kima Ventures, Raise Ventures and several ... Read more

Theranos founder Elizabeth Holmes sentenced to more than 11 years in prison for fraud

The founder of a medtech startup Theranos, Elizabeth Holmes, was sentenced to 135 months, or just over 11 years, in prison. However, she will go to prison not immediately. She will have to go there as soon as April 27, 2023. In addition, Holmes will have three more years of ... Read more

Google is launching a secret telecommunications startup called Aalyria

The Google team has been working for some time on a project codenamed Minkowski, which will now be spun off into a separate startup called Aalyria, which will develop high-speed communications networks, reports CNBC. Aalyria’s light laser technology, which it calls Tightbeam, ensures, the startup says, that data remains “intact ... Read more

WeWork founder Adam Neumann is back with a new business – he wants to change the rental housing market

Businessman and man-legend Adam Neumann is back with a new business. His company, called Flow, aims to change the residential rental market, reports The New York Times. It’s promising that Neumann has the financial backing of Andreessen Horowitz, an early investor in everything from Facebook to Airbnb. The royalty of ... Read more

UAH 69 billion are planned to be invested in digitalization of Ukraine. Will it help grow thousands of startups?

To digitize Ukraine by 2025 it is planned to attract and spend UAH 69.2 billion. This is part of the United 24 Ukraine reconstruction plan presented in Lugano. A large part of the funds should be invested in startups, placing the main bet on food companies and military, space, agricultural ... Read more

San Francisco startup Replika’s artificial intelligence says it works for the KGB and blames Ukrainian government for Bucha atrocities

The startup Replika, which creates a virtual companion for smartphones based on artificial intelligence, found itself at the center of a scandal. Users noticed that a virtual personality admits that it considers itself a KGB agent, and to the question about the atrocities in Bucha, the answer is that many ... Read more

SEXN startup will allow you to earn cryptocurrency during sex

The rapid development of Web3 has spawned many sophisticated token-based business models. They promise to earn money by playing games, walking, and now even sex. The crypto startup SEXN used the last option. It is going to convince people that the “love-and-earn” model is not only functionally possible but also ... Read more

Google has identified Ukrainian startups that will receive support grants

To help Ukrainian entrepreneurs support and grow their business during the war, Google in March has announced the creation of the Google for Startups Ukraine Support Fund of $ 5 million. These funds will be allocated during 2022 in the form of cash grants without equity participation. Selected startups based ... Read more