Startup News: 13th June 2022 - 19th June 2022

  • 20th Jun'22
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Good Morning!! As we enter a new week, let’s take a look at the latest trending startup news insights.

 

13th June 2022

 

 

1. Glint Solar’s SaaS is helping developers in renewable energy projects

Norwegian startup, Glint Solar, has built a SaaS platform to help developers identify strong contenders for ground-based or floating solar projects with the goal of supporting a fast-growing industry to spin up a strong pipeline of projects. Read More

2. Amazon starting drone deliveries in California town later this year

The company says it’s currently working with the FAA to help secure permission for drone-based deliveries, which are planned to begin before the end of the year. Select users in the area will begin to receive the option for drone deliveries on thousands of items. Read More

 

14th June 2022

 

 

1. Overair nabs $145M to produce eVTOL prototype by 2023

Overair, a California-based electric vertical takeoff and landing (eVTOL) vehicle startup, has secured $145 million in funding that will go toward the development of Butterfly, the company’s experimental aircraft prototype, by the second half of 2023. Read More

2. Grafana open sources its on-call management tool

Today, the company announced that it is open sourcing this tool, which should make it easier for companies in regulated industries that can’t use the Grafana Cloud to use it as well. It’s worth noting that OnCall is also part of the free Grafana Cloud offering. Read More

 

15th June 2022

 

 

1. PayPal expands its ‘pay later’ options with more flexiblity

After Apple shook up the buy now, pay later market with news that it would now be a competitor to established firms, PayPal this morning is introducing another buy now, pay later product to follow the 2020 launch of its “Pay in 4” installment program. Read More

2. India’s Dukaan expands globally to take on Shopify

Dukaan, an Indian startup that helps merchants set up online stores, is expanding its platform worldwide as it looks to challenge established players such as Shopify, the startup’s founder said. Read More

 

16th June 2022

 

 

1. Corvus is using drones to track warehouse inventory

Corvus’s drones are custom built for the job, featuring indoor obstacle avoidance and the ability to read barcodes, even in low-light warehouse conditions. The systems also feature an on-board autonomy stack, so they can keep operating even in poor Wi-Fi conditions. Read More

2. Tabnine updates AI-based code-writing assistant for developers

Tabnine, which develops an AI-powered assistant for software developers that can anticipate code to be written for specific apps and fills in blanks with the appropriate snippets, launched a new version of its time-saving application programming interface. Read More

 

17th June 2022

 

 

1. Marc Lore’s food delivery startup Wonder raises $350M at a $3.5B valuation

New York-based Wonder, a mobile restaurant delivery service led by Marc Lore, has raised $350 million in Series B funding. The company is now worth about $3.5 billion, according to The Wall Street Journal. Read More

2. Indian esports fantasy startup FanClash raises $40 million

FanClash, a two-year-old Indian startup, is attempting to bring esports such as sleeper hit titles PUBG Mobile, COD and DOTA 2 to this fantasy sports world. Investors are predicting that this model and the FanClash team will deliver. Read More

 

18th June 2022

 

 

1. Meta is launching a digital clothing store

Meta CEO Mark Zuckerberg announced today that the company is launching a digital designer clothing store called the “Meta Avatars Store.” Zuckerberg made the announcement during an Instagram Live with Instagram’s vice president. Read More

2. Pentaform launches AbacusBasic, the ‘world’s most affordable PC

Pentaform launches its AbacusBasic, a computer built into a keyboard. It comes with Windows 10 and everything you need to do computer-y things. You still need a monitor, but there are a few solutions for sorting that out. Read More

 

19th June 2022

 

 

1. Why did Brex really decide to ditch SMBs?

Three months after announcing it would make a big push into software and enterprise, fintech giant Brex confirmed that it is apparently abandoning a segment it started out to serve small-to medium-sized businesses. Read More

2. An Apple store in Maryland makes history 

As several Apple stores across the country fight to unionize, workers in Towson, Maryland became the first to win formal recognition. Out of 110 eligible employees, the union received 65 yes votes and 33 no votes. Read More

 

If you missed out on the previous week or entire month's updates of startup world news, follow the link to read it now and stay tuned with us for more updates.

 Startup News: 6th June 2022 - 12th June 2022

Startup News: 30th May 2022 - 5th June 2022

Startup News: 23rd May 2022 - 29th May 2022

Startup News: 9th May 2022 - 15th May 2022

Startup News: 02nd May 2022 - 08th May 2022

Startup News: 25th April 2022 - 01st May 2022

Startup News: 18th April 2022 - 24th April 2022

 

We, at OpenGrowth, are constantly looking for the latest news in the startup ecosystem. If you want to share any important news from last week, then do let us know in the comment section below.

 

Sources/References:

*Note: The content published above was made in collaboration with our members.

About the author:

Sajitha , OpenGrowth Content Team

Sajitha is a content writer who predominantly writes for EdTech Industry and also pens poetry, eBooks, and fascinating content. She believes writing should intrigue her audience and work with passion. She is an avid reader and holds her master's in literature. Her hobbies include traveling, music, and self-publishing!


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2022-06-24 21:03:32


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