Good Morning!! As we enter a new week, let’s take a look at the latest trending startup news insights.
04th April 2022
1. LinkSquare benefits from the legal tech boom with a fresh $100 million
LinkSquares, a company developing intelligent software that helps brands maintain and ink new contracts, today announced that it raised $100 million in Series C financing led by G Squared. Read More
2. Social network Peanut launches new offering to connect women with therapists
Peanut, a social networking app for women, is launching a new “Peanut Pro” expansion designed to give women access to information from trusted experts. The company has partnered with 100 experts from its existing network. Read More
05th April 2022
1. Rattle Raises $26 million To Change The Way Sales Teams Work
“I think every company in the world should be using Rattle,” says Sahil Aggarwal, co-founder and CEO of the San Francisco-based company. It announced the successful completion of a $26 million Series A funding round that comes just five months after its seed raise. Read More
2. Sixth Sense Ventures invests in fragrance brand Phool.co
With the funds raised, Phool plans to scale operations, explore the untapped domestic and global growth opportunities and build India’s largest fragrance brand. The round also saw participation from existing investors, Bollywood actor Alia Bhatt and IAN fund. Read More
06th April 2022
1. Mark Zuckerberg’s vision for the metaverse is off to an abysmal start
Virtual real estate is booming. In December 2021, one buyer spent $450,000 on a plot of land in rapper Snoop Dogg’s virtual world. Which brings us the question, What will be built there? Read More
2. Cottage raises $15 million to make it easier for homeowners to build custom ADUs
The San Francisco-based startup has developed software and a marketplace that connects homeowners that want an ADU with contractors who can build them. And it just closed on $15 million in a Series A funding round led by a VC firm. Read More
07th April 2022
1. New Salesforce AI chief sees a future with Voice driven coding
As we start to see AI advance in business, the ways in which we interact with machines are beginning to change. Companies like Salesforce are looking for new opportunities for AI to have a more direct impact on customers. Read More
2. EToro Digital Asset Trading Platform Debuts $20M NFT Creator Fund to Expand Investments
Digital currency trading platform eToro has just unveiled a new initiative to help bolster the intersecting worlds of art, brands, and crypto assets. Aptly coined eToro.art, the program itself works as a digital gallery with NFTs. Read More
08th April 2022
1. Nvidia’s Next GPU Shows That Transformers Are Transforming AI
Transformers, the type of neural network behind OpenAI’s GPT-3 and other big natural-language processors, are quickly becoming some of the most important in industry, and they are likely to spread to other areas of AI. Read More
2. Another EV maker is headed IPO
VinFast Trading & Investment Ltd., a Singapore-incorporated subsidiary of Vingroup Joint Stock Company, submitted a draft registration to the U.S. Securities and Exchange Commission, the company said in a statement on its website. Read More
09th April 2022
1. Inside Mercedes plan to deliver hands-free driving to the masses
Mercedes is aiming to be the first automaker to bring legal Level 3 automated driving off the test track to the masses in its full-size, luxury S-Class vehicles. The economic opportunities include cornering a piece of the estimated $220.4 billion. Read More
2. What Glossier got wrong
For a firm like Glossier, looking like a tech company is the difference between having a price to sales ratio of 5.44, like Estée Lauder, or 31.6, like MongoDB. Glossier founder and CEO Emily Weiss knows it, and her investors do, too. Read More
10th April 2022
1. How Amazon plans to fix its massive returns problem
Amazon is handling a rapidly growing number of returns that are causing a massive problem for the e-commerce giant and the planet. That amount surpasses what the U.S. spent on national defense in 2021, which was $741 billion. Read More
2. Crypto’s latest disruption may be investor expectations
While many funds are returning to more conservative check writing, with a focus on profitability and business fundamentals, crypto remains a sector in the spotlight that attracts dedicated billion-dollar funds. 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: 28th March 2022 - 03rd April 2022
Startup News: 21st March 2022 - 27th March 2022
Startup News: 14th March 2022 - 20th March 2022
Startup News: 7th March 2022 -13th March 2022
Startup News: 28th February 2022 - 6th March 2022
Startup News: 21st February 2022 - 27th February 2022
Startup News: 14th February 2022 - 20th February 2022
Startup News: 07th February 2022 - 13th February 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.
*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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