Good Morning!! As we enter a new week, let’s take a look at the latest trending startup news insights.
11th October, 2021
1. Mobile gaming startup Homa Games raises $50 million
Homa Games specializes in hypercasual, casual and board games, a segment of the mobile gaming industry that requires a methodical, technology-driven approach. Read more
2. Tiger Global Backs African Fintech Mono In lifts up in Series A Round
Mono, an African startup that helps connect consumers’ bank accounts to financial applications, has raised a $15 million Series A round. Read more
3. SkyCell raises millions via series C round and enters COVID-19 vaccine distribution market
SkyCell, a Swiss company developing smart containers for transporting medicines and vaccines, is announcing a significant round of funding. Read more
12th October, 2021
1. Outreach makes second acquisition, swoops up revenue intelligence startup Canopy
Outreach helps sales professionals close deals, track leads and boost engagement with customers including Zoom, Adobe, DocuSign, and others. Read more
2. Airbyte launches a hosted version of its integration platform
Airbyte Cloud moves away from the industry-norm volume-based pricing, which prevents companies from replicating data sources with high volumes, like databases, because the cost becomes prohibitive. Read More
13th October, 2021
1. The World’s First Electric Snowbike Is Coming in Time for Winter
French startup Moonbikes introduced an electric bike specifically designed for riding through the snow. Following the early 2021 pre-orders, it’s now been confirmed that the world’s first EV snowbike will reach buyers by the end of Q4. Read more
2. Atomic aims to give consumers more control over their income with payroll-connecting APIs
Atomic’s APIs allow consumers to connect their income to different services, helping them set up direct deposit at a neobank, read more.
14th October, 2021
1. Spice AI wants to help developers build smarter applications
Seattle-based startup Spice AI, aims to make it significantly easier for developers to leverage AI in their applications, read more.
2. Wisdom is a social audio app for opening access to mentorship
U.K. social audio startup Wisdom has launched a new mentorship marketplace. The app lets users log on to find conversations which they can join live or listen back to on-demand, read more.
3. Bolt Announces Series D Funding to Enhance Checkout Experiences Online
Bolt has announced $393 million in new funding, bringing the fintech startup's total funding to more than $600 million. Read more
15th October, 2021
1. Founded by ex-Braintree and PayPal execs, Pagos raises funds to offer API-driven payment intelligence
Pagos is building a data “platform” and API-driven micro-services that it says can integrate with any payment stack. The end goal is to drive better performance and “optimization” of a business’ existing payments infrastructure. Read more
2. Travel tech startup Yanolja acquires Korean e-commerce company Interpark
Foreign travel tech platforms dominate the international tourism industry, but Yanolja is hoping to compete by scaling up, and building a “super app”, read more.
3. This Zoom alternative makes video calls more informal
Mmhmm’s new OOO service is a more playful alternative, the new tool accessible in a web browser and on mobile devices is designed to replace Zoom and its rivals with a more engaging environment. Read more
16th October, 2021
1. Singapore-grown crawfish ready for the spotlight
Singapore Crawfish produces 100kg of the crustaceans every month and is scaling up its production. It is also selling technology it has developed to farm crawfish sustainably.
2. This vegan 'tech-style' startup wants to make clothes using algae
Israeli startup is creating a biodegradable, non-toxic, and low-energy textile — using algae. Algae-based fibers are more expensive than conventional fibers like cotton, but Krebs said that as a sustainable and ethical product, read more.
3. Magic Leap is back with a new AR headset
The company had just released several stunning “demo” videos of its AR headset — a massive virtual whale crashes through the floor of a basketball court in one.
17th October, 2021
1. Hertz is going public again
The rental car company, which filed for bankruptcy early in the pandemic and emerged on June 30, has filed paperwork with the Securities and Exchange Commission for an initial public offering. Read more
2. This woman entrepreneur’s startup aims to replace processed ingredients with natural ones using AI
Chile-based The Live Green Co has built an AI-powered recommendation engine called Charaka, which helps make plant-based ice-creams. 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.
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.