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

  • 16th May'22
  • 141
  • 9
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Good Morning!! As we enter a new week, let’s take a look at the latest trending startup news insights.

 

9th May 2022

 

 

1. Egyptian fintech Paymob raises $50M led by PayPal Ventures and Kora Capital

Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series B funding. Read More

2. Uber shareholders to vote on lobbying disclosure proposal

The company is currently doing so in Massachusetts, where in 2021 it contributed over $100,000 to a Prop 22-like ballot initiative put forth by the MA Coalition for Independent Work. Read More

 

10th May 2022

 

 

1. Salesforce acquires Troops.ai to make useful Slack bots

Proving that there’s an appetite for bots, Salesforce today announced that it will acquire Troops.ai, a bot-based service that integrates with Slack to make it easier for sales teams. Read More

2. Sencrop predicts weather conditions at a microclimate level for farmers

French startup Sencrop just raised an $18 million Series B funding round led by JVP. The company helps farmers mitigate all sorts of risks, from extreme weather events to diseases that affect various crops. Read More

 

11th May 2022

 

 

1. These AI-powered watch dogs are here to keep your workplace workers safe

Last year, Voxel raised $3 million to make manufacturing, retail, oil and gas, and other industry warehouses and workplaces safer through AI-powered security cameras. Read More

2. Deel more than doubles valuation to $12B with new raise

Remote hiring company Deel has raised $50 million at a $12 billion valuation, according to an Axios report. Axios’ Dan Primack broke the news this morning, citing anonymous sources. Read More

 

12th May 2022

 

 

1. Japan’s Zeals raises $38.8M to scale its chat commerce platform

Zeals, a Tokyo-based startup that lets businesses communicate with their customers via its chat application, said Thursday it has secured $27.2 million (3.5 billion yen) in equity. Read More

2. Checkout.com to acquire identity verification startup Ubble

A few months after raising $1 billion, payments startup Checkout.com has announced that it plans to acquire French startup Ubble, which operates a remote identity verification service. Read More

 

13th May 2022

 

 

1. Postmates founder banks $23 million for his new crypto startup TipTop

Postmates founder Bastian Lehmann’s new crypto startup TipTop was lightly teased out a few weeks ago, but now the stealth startup is sharing some info on its early funding. Read More

2. Zoom dives deeper into intelligent customer service with Solvvy acquisition

Zoom swung for the fences last summer when its stock value was soaring, offering almost $15 billion to buy Five9 to get into customer service. Read More

 

14th May 2022

 

 

1. Can carbon capture startup Carbon Clean deliver on its cost claims?

Carbon Clean CEO Aniruddha Sharma said his company’s amine solvents can reduce costs compared with a commonly used amine by requiring less energy to heat and by reducing corrosion in the system. Read More

2. Google I/O wraps, a new ARCore API, Twitter deal drama

The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the latest year-end reports. Read More

 

15th May 2022

 

 

1. Harley-Davidson regains leadership in the high-end motorcycle segment in India

According to data from the Society of Indian Automobile Manufacturers (SIAM), Hero MotoCorp sold a total of 601 Harley-Davidson motorcycles in FY22, of which 531 units were in the 1,000cc. 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: 02nd May 2022 - 08th May 2022

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

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

Startup News: 11th April 2022 - 17th April 2022

Startup News: 4th April 2022 - 10th April 2022

Startup News: 28th March 2022 - 03rd April 2022 

Startup News: 21st March 2022 - 27th March 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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