Good Morning!! As we enter a new week, let’s take a look at the latest trending startup news insights.
12th September 2022
1. Snowman launches its latest game Lucky Luna exclusively
The Toronto-based studio’s new vertical scrolling platformer Lucky Luna is now available on iOS and Android via Netflix Games. Read More
2. Magna enters the micromobility and battery swapping market
Magna International, a Canadian mobility technology company that builds sensor-based systems for cars like driver monitoring systems and advanced driver assistance systems (ADAS), is entering the micromobility market. Read More
13th September 2022
1. Ex-Googler’s TeraWatt raises $1B to expand commercial EV charging
TeraWatt Infrastructure, a company that builds electric vehicle charging infrastructure for fleets, has secured over $1 billion in a Series A round to build out its portfolio of commercial charging centers. Read More
2. Linux Foundation announces the OpenWallet Foundation to develop interoperable digital wallets
The Linux Foundation has announced plans for a new collaborative initiative designed to support interoperability across digital wallets, built on an open source bedrock. Read More
14th September 2022
1. Ford gives dealers an ultimatum on EV sales
The new standards, first hinted at during the company’s second quarter earnings call, are part of a strategy Ford shared Tuesday at its national dealer meeting in Las Vegas. Read More
2. GoPro’s Hero11 gets improved image quality, stabilization and a Mini version
The latest version of the $500 action cam ($400 for GoPro Subscribers) also focuses on the important things: image quality, battery and stability. Read More
15th September 2022
1. Kav spools up a 3D printing factory for bike helmets in Silicon Valley
For just over $300, the 3D printing noggin-defenders at Kav will send you a fit kit to take some measurements, print your helmet and two-three weeks later the delivery van turns up at your door. Read More
2. Winn.AI launches out of stealth with an AI assistant for sales calls
Winn.AI today launched out of stealth with $17 million in seed funding led by Insight Partners and S-Capital. Read More
16th September 2022
1. Apollo Pro wants to be ‘the Cybertruck of scooters’
The $3,600 Pro will stand at the peak of the company’s current lineup of scooters, ranging from the $700 Apollo Mini through the $3,000 Apollo Phantom. Read More
2. Anki’s spiritual successor hits Kickstarter with some impressive moves
Anki’s last big contribution to the consumer robotics space was effectively incorporating animated characteristics into a real-world robot. Read More
17th September 2022
1. Grocery delivery startups with low margins might drop IPO dreams for M&A reality
Misfits Market founder and CEO Abhi Ramesh noted it was difficult to reach profitability in the industry as sales leveled off in the past two years. Read More
2. Parler forms a new parent company to offer ‘uncancelable’ cloud services
The social app Parler will now operate under a new parent company known as Parlement Technologies, which also announced a fresh round of $16 million for the pivot toward infrastructure. Read More
18th September 2022
1. Adobe buys Figma, Uber gets hacked, and Google shrinks Area 120
In one of the biggest tech acquisitions of all time, Adobe announced this week its intent to buy the collaborative/web-based design tool Figma for a whopping $20 billion. 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: 29th August 2022 - 4th September 2022
Startup News: 15th August 2022 - 21st August 2022
Startup News: 1st August 2022 - 7th August 2022
Startup News: 25th July 2022 - 31st July 2022
Startup News: 11th July 2022 - 17th July 2022
Startup News: 4th July 2022 - 10th July 2022
Startup News: 27th June 2022 - 3rd July 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.