Startup News: 23rd May 2022 - 29th May 2022


30th May'22

Good Morning!! As we enter a new week, let’s take a look at the latest trending startup news insights.


23rd May 2022



1. Reddit partners with Netflix to give Redditors ‘Stranger Things’ custom avatars

The social network Reddit unveiled new custom avatars inspired by Netflix’s “Stranger Things” characters ahead of the anticipated season four premiere. This is the first partnership between Reddit and Netflix. Read More

2. GitLab expands its DevOps platform with new observability and security tools

GitLab, the popular open source DevOps service, today announced version 15 of its platform. As usual, GitLab is basically announcing its roadmap for the entirety of the GitLab 15 release cycle here, with all of the new features rolling out. Read More


24th May 2022



1. Amplitude now supports direct data-sharing with Snowflake

Amplitude, a provider of product analytics and digital optimization technology, has launched a data-sharing integration with Montana-headquartered data company Snowflake. Read More

2. Stellantis to build new battery plant in Indiana

Stellantis and Samsung SDI said on Tuesday they will team up to build a $2.5 billion lithium-ion battery plant in Indiana. The project, which will create 1,400 new jobs and could surpass the $3 billion mark once it’s complete. Read More


25th May 2022



1. Monte Carlo plans to scale data observability platform

The IT data space has never been hotter in the venture capital world. In only the last year, BigQuery reached a $1.5 billion valuation; Snowflake hit $1.2 billion; Databricks came in at $800 million. Read More

2. Amazon flexes its retail muscle with a brick-and-mortar clothing store

Signaling its ambitions to make a dent in the apparel market, Amazon opened its first physical clothing store, Amazon Style, in the Greater Los Angeles Area. Fitting rooms are unlocked using the app and sport touchscreens that let shoppers continue requesting items to try on. Read More


26th May 2022



1. Allen Institute launches new benchmark for general-purpose computer vision models

Allen Institute for AI, also known as AI2, recently worked jointly with the University of Illinois at Urbana-Champaign to develop a new, unifying benchmark called GRIT (General Robust Image Task) for general-purpose computer vision models. Read More

2. Google releases new data controls for Chrome browser and OS

Google announced the release of Chrome Enterprise Connectors Framework, a set of plug-and-play integrations for Okta, BlackBerry, Samsung and Splunk designed to secure user access to the Chrome operating system (OS) and browser. Read More


27th May 2022



1. Canon takes another stab at the mirrorless market, with R7 and R10

The company claims that it took the top spot for market share for mirrorless cameras in Q1 this year. It just launched two new cameras both with APS-C imaging sensors that the company hopes will solidify its position in the market. Read More

2. Indian fintech Jar eyes $50 million investment

Indian fintech Jar, which closed a $32 million financing round in February this year, is in talks to raise new funding as it looks to scale its product and expand its offerings. Read More


28th May 2022



1. Hydrogen startup ZeroAvia has a zero-emission vision, but its next plane is a hybrid

ZeroAvia has raised $115 million from United Airlines, Alaska Airlines, British Airways and Amazon on a promise to fly a zero-emission hydrogen fuel cell regional passenger plane as soon as next year. Read More

2. Sequoia is the latest VC firm telling you to take the downturn seriously

Sequoia created a 52-slide deck, first reported by The Information, titled “Adapting to Endure.” The document reads like a follow-up course to its infamously ill-timed “Coronavirus: The Black Swan of 2020” memo of March 2020. Read More


29th May 2022



1. Capgemini finds gap between digital twin potential and actuality

Digital twin implementations are already demonstrating a 76% cost reduction and a 68% increase in customer engagement. And digital twin adoption is predicted to increase by 36% in the next five years. Read More

2. Finix goes head-to-head with Stripe

The SaaS startup which started out in early 2020 by selling its payments tech to other businesses raised $35 million. Serna elaborated by noting that Finix indeed started out to build software that gave any software company. 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.

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!


tom cam

1st Jun'22 10:30:38 AM

My name is Tom cam!!! i am very grateful sharing this great testimonies with you all, The best thing that has ever happened in my life,  is how i won the Powerball lottery. I do believe that someday i will win the Powerball lottery. Finally my dreams came through when i contacted Dr. OSE and tell him i needed the lottery winning special numbers cause i have come a long way spending money on ticket just to make sure i win. But i never knew that winning was so easy with the help of Dr. OSE, until the day i meant the spell caster testimony online, which a lot of people has talked about that he is very powerful and has great powers in casting lottery spell, so i decided to give it a try. I emailed Dr. OSE and he did a spell and gave me the winning lottery special numbers 62, and co-incidentally I have be playing this same number for the past 23years without any winning, But believe me when I play the special number 62 this time and the draws were out i was the mega winner because the special 62 matched all five white-ball numbers as well as the Powerball, in the April 4 drawing to win the $70 million jackpot prize...… Dr. OSE, truly you are the best, with Dr. OSE you can will millions of money through lottery. i am a living testimony and so very happy i meant him, and i will forever be grateful to him...… you can Email him for your own winning special lottery numbers now OR WHATSAPP him +2348136482342