Good Morning!! As we enter a new week, let’s take a look at the latest trending startup news insights.
11th April 2022
1. Perforce adds infrastructure automation tooling with Puppet acquisition
Perforce Software has been building developer tools since 1995, a long time in the tech world. Today, the company announced it intends to acquire Puppet, the infrastructure automation company. Read More
2. Terradepth raises another $20 million to map the ocean floor with robots
Austin-based Terradepth announced an $8 million round back in 2019, and just added another $20 million to its hopper. This latest round, led by Giant Ventures and Nimble Ventures, is aimed at fueling a model the company punchily describes as “Google Earth for Oceans.” Read More
12th April 2022
1. Jobox is building a bridge between skilled labor, available work
The Florida and Bay Area-based company is going after the $595 billion home services industry, where skilled labor is facing a shortage, by connecting companies with over 5,000 vetted home service professionals via a marketplace. Read More
2. If the metaverse is the future of social media, teens aren’t convinced
According to a survey of the Gen Z cohort, many teenagers are skeptical over the idea of a vaguely defined online world, despite the hordes of young people on game platforms like Roblox, Minecraft, and Fortnite. Read More
13th April 2022
1. Fintech Brex bets big on software, lands DoorDash as a customer
Today, decacorn Brex revealed that it is making a big push into financial software with the release of a new spend management product called Brex Empower. And it’s making the leap with one high-profile customer already signed up to DoorDash. Read More
2. Zoom launches AI-powered features aimed at sales teams
Zoom announced Zoom IQ for Sales, a product that uses AI to analyze sales meetings and deals to provide insights. It’s the company’s first explicit foray into sales automation software, a market that - according to Verified Market Research could grow to $7.3 billion in size by 2028. Read More
14th April 2022
1. Backbone nabs $14M for supply chain software inspired by mesh networks
In a survey conducted long before the pandemic began (in 2015), large companies with revenues in the range of $500 to more than $1 billion pegged variability as the top challenge that they faced. Read More
2. Speckle snags $5.5M seed to build open source platform for 3D drawings
As engineers, Dimitrie Stefanescu and Matteo Cominetti had the skill to start building something themselves, so they set out to develop a solution that solved a long-standing problem in the construction industry. Read More
15th April 2022
1. Slope brings on new CFO, customers, capital as it rises to offer businesses buy now, pay later
Slope, which provides businesses an easy way to offer buy now, pay later services, has had a busy six months. That’s not much of a surprise, given that the buy now, pay later market size was valued at $16 billion in 2021 and is poised to grow nearly six times by 2029. Read More
2. DuckDuckGo’s private Mac browser can’t replace Chrome or Safari, yet
DuckDuckGo says its new browser is faster and simpler than using its extension with other browsers, and it can offer extra features, such as the ability to delete your history with one click. Read More
16th April 2022
1. Uniswap Labs COO says mainstream crypto adoption hinges on accessibility and ease
Today, crypto users don’t have to go to the bank or work with a payments company every time they want to make a transaction online because they’re able to link their crypto wallets and pay through a decentralized permissionless protocol like Uniswap. Read More
2. Ford announces upcoming launch of the F-150 Lightning, its electric pick-up
Since the launch of Tesla, the CEO and creator Elon Musk has forced the automobile industry to bet on cars that are cleaner for the environment, however, it has not yet been possible to make the transition to the use of electric vehicles on a massive scale. Read More
17th April 2022
1. 30,000 Bitcoin Are Moved Out Of Coinbase Exchange In Single Day
Crypto analytics firm CryptoQuant’s CEO recently gave some startling facts about a massive outflow of Bitcoin from the crypto exchange Coinbase Global Inc (NASDAQ: COIN). What Happened: According to Ki Young Ju 30,000 Bitcoin worth over $1.21 billion was transferred. Read More
2. Bored Apes Yacht Club Sales Surge By Over 176% In 24 Hours, Floor Price Hits 109 ETH
According to WuBlockchain’s data, Bored Apes Yacht Club (BAYC) has seen the project's total market value increase to almost $1 billion, as the trading volume rose by over 176% in a 24-hour period. 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: 4th April 2022 - 10th April 2022
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
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.
