Good Morning!! As we enter a new week, let’s take a look at the latest trending startup news insights.
16th May 2022
1. Enterprise Argo company Akuity raises $20M to power Kubernetes app delivery
Akuity, a company that’s setting out to be the de facto “Argo enterprise” company for Kubernetes app delivery, has raised $20 million in a series A round of funding. Read More
2. SentinelOne’s DataSet Kubernetes Explorer aims to centralize container monitoring
SentinelOne Dataset plays right into the rapidly growing gig economy. As cybersecurity platform maker SentinelOne’s primary in-house IT toolset, it also lives another life as an independent contractor with its own clients and partners. Read More
17th May 2022
1. How Microsoft Cloud for Sustainability is helping the NFL’s Las Vegas Raiders
In response to increasing consumer and regulatory pressures for companies to define and measure sustainability metrics, Microsoft is launching a software-as-a-service (SaaS) tool to not only help companies. Read More
2. Tableau adds natural language explanations to make analytics more approachable
Tableau is expanding its business intelligence capabilities to take analytics into the hands of more business users and make data-backed insights accessible anytime and anywhere. Read More
18th May 2022
1. Shadow announces premium plan for its cloud gaming service
Shadow is a cloud computing service for gamers. People can pay a monthly subscription fee to access a full-fledged computer in a data center near them. It is a Windows instance, which means you can install whatever you want. Read More
2. Al Gore’s Generation just launched its largest-ever growth fund
Generation Investment Management, a sustainability-focused public and private equity firm co-founded by Al Gore, is upping its bet on growth-stage companies via a new $1.7 billion fund. Read More
19th May 2022
1. Uber, Grocery Outlet partner to pilot on-demand and scheduled grocery delivery
Uber is partnering with Grocery Outlet to pilot on-demand and scheduled grocery delivery, the company announced on Thursday. Starting today, users can shop at 72 Grocery Outlet stores via the Uber or Uber Eats app. Read More
2. FloorFound grabs more capital to grow its oversized ecommerce business
FloorFound is working with brands and retailers to give that couch to someone who will love it, while avoiding the landfill. The company went on to raise $4 million in seed funding in 2021 and is now back with $10.5 million. Read More
20th May 2022
1. Coca-Cola’s attached bottle cap is rock bottom of hokey greenwashing
In the rest of Europe, Coca-Cola and other drink manufacturers figured out a functioning system: pay a deposit when you buy a bottle or aluminum can and you get a deposit back when you return it. Read More
2. Snapchat’s parental control features spotted in development
According to new screenshots of Snapchat’s forthcoming Family Center shared with TechCrunch by the product intelligence firm Watchful, the new Family Center feature allows parents to see who their teen is friends with on the app. Read More
21st May 2022
1. Hyundai to open $6.5B EV factory in Georgia
Hyundai is the latest automaker to announce plans to open an EV factory in Georgia. Hyundai’s $6.5 billion EV and battery manufacturing facility outside of Savannah will further the state’s goal of becoming a major regional hub for the EV industry. Read More
2. Pear, now nearly 10 years old and looks to close its biggest fund by far
Pear, a Palo Alto, Ca.-based venture firm that we’ve been tracking since its outset in 2012, looks to be raising a fourth fund that’s targeting $410 million in capital commitments, shows a new SEC filing. Read More
22nd May 2022
1. What Investors Want to Hear From Ulta Beauty Next Week
Ulta Beauty (ULTA -2.35%) stock has been a standout winner in an ugly market. Shares are outperforming the S&P 500 in 2022. They're trouncing the broad market over the past year too while beating out many retail peers. Read More
2. Nasdaq Sell-Off: 2 Growth Stocks Billionaires Were Buying in Q1
The Nasdaq Composite fell 9% in the first quarter, as many investors weighed concerns about the strength of the economy. The U.S. Securities and Exchange Commission suggests that some asset managers remain bullish on growth stocks. 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: 9th May 2022 - 15th May 2022
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
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.
