Startup News: 20th Sept 2021 - 26th Sept 2021

Good Morning!! As we enter a new week, let’s take a look at the latest trending startup news insights.

20th September, 2021

1. JPMorgan to launch digital bank in the UK

The new entrant into the field is U.S. banking giant JPMorgan Chase. JPMorgan Chase is moving across the pond to debut its widely anticipated digital bank in the U.K. this week, Read more.

2. France's OVHcloud re-commits to IPO after fire

French cloud computing services provider OVHcloud is planning to launch an initial public offering (IPO). The proceeds from the IPO will enable the company to expand its operations to meet the surge in demand for digital communications accelerated by the pandemic. Read more

3. Geospatial data startup Near Space Labs raises $13M to launch more autonomous weather balloons

This new startup is aiming closer and mapping the planet from close by — sending balloons to the stratosphere, the second layer of our atmosphere which is 7.5 and 31 miles above Earth’s surface. Read more

21st September, 2021

1. Glowforge Announces Retail Partnership With Nation’s Largest Craft Retailer Michaels

The partnership is the latest advancement in Glowforge’s efforts to expand use of its iconic 3D laser printers, air filters, and Proofgrade materials, so anyone can print anything with a push of a button. Read more

2. Nigerian fintech HerVest wants to bring financial inclusion to more African women

Nigeria-based HerVest, a startup that describes itself as “an inclusive fintech company” serving underserved and excluded women in Africa through a gender lens. Read more

22nd September, 2021

1. Africa Innovators 2021

Africa’s female startup founders are among the most underfunded and over-mentored groups of entrepreneurs. Read more

2. Indonesian halal-focused social commerce startup Evermos lands $30M Series B

Evermos works with more than 500 brands, primarily small Indonesian businesses, and sells fashion, halal health and beauty products, and food and beverages. Read more

23rd September, 2021

1. Nosh uses AI to help people and businesses cut down on their food waste

Nosh is unveiling its newest features, which fall more in line with Dey’s original inspiration for the company. Read more

2. Ex-Apple designer’s ultra-premium audio hardware startup Syng raises $48.75 million

The company has now raised $50 million to date to build out an audio hardware startup with a hefty focus on design and advanced tech. Read more

3. Vyne raises $15.5M seed round to grow its merchant-focused open banking solutions

London-based Vyne has been quietly building its platform — which targets merchants to help them build open banking-based payment services. Read more

4. Tech Nation announces 15 startups for 10th Future Fifty cohort

Tech Nation is both publicly and privately funded, with about 80% of its funding coming from the Department for Digital, Culture, Media and Sport and the rest generated by sponsorships or paid-for educational programmes. Read more

24th September, 2021

1. Startup Class Technologies Bets Big on the Future of Online Learning

That company’s tool was built from the ground up, while Class is an add-on to Zoom, which means that institutions who want to use Class have to also purchase a license to Zoom if they haven’t already done so. Read more

2. Clovers Raises $15 Million to Build an 'Interview Intelligence' Platform

Human resources technology startup Clovers has raised $15 million in seed funding to bring conversational intelligence to interviewing and hiring. Read more

3. This food-tech startup is rewriting the narrative of plant-based food - with kelp

Akua, a New York City startup, is among the most forward-thinking food tech startups in the world due to one groundbreaking technique: it produces its product without the use of any freshwater. Read more

25th September, 2021

1. DressX Announces Additional Fundraise

DressX is a retail platform for digital-only clothes, featuring more than 1,000 stock keeping units by 100 designers. Additional $1 million in funding comes from partners in the fashion, tech and blockchain industries. 

2. Belgian start-up claims new technology could halve world CO2 textile emissions

The textile industry is known for its large carbon footprint, with Resortecs stating that it is the third most polluting sector in the world, responsible for 1.2 billion tonnes of CO2 emissions every year. Read more

26th September, 2021

1. FORD Innovation Center to support 8200 graduates' startup accelerator

New and advanced technologies will help entrepreneurs in the field of technological impact to accelerate their activities and thus turn Israel from a startup nation into an impact nation. Read more

2. Porsche invest in Israeli deep data startup proteanTecs

A cloud-based analytics platform developed by proteanTecs applies machine learning algorithms to measurements extracted from on-chip monitors, Read more.

If you missed out the previous week or entire month updates of startup world news, follow the link to read it now and stay updated with every passing update with us.

Startup News: 13th Sept 2021 - 19th Sept 2021

Startup News: 6th Sept 2021 - 12th Sept 2021

Startup News: 30th Aug 2021 - 5th Sept 2021

Startup News: 23rd Aug 2021 - 29th Aug 2021

Startup News: 16th Aug 2021 - 22nd Aug 2021

Startup News: 9th Aug 2021 - 15th Aug 2021

Startup News: 2nd Aug 2021 - 8th Aug 2021

Startup News: 26th July 2021 - 1st Aug 2021

We, at OpenGrowth, are constantly looking for 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.