Startup News: 3rd - 9th August 2020


7th Aug'20

Happy Monday Morning. It's time for the weekly round up. Before we begin the new week, let’s take a look at the startup world related news for the last week.


9th August, Sunday


This fitness startup offers interactive social workouts from the comfort of home

Income verification startup The Closing Docs helps property managers during economic crisis

This NY-based video analytics startup uses AI to predict customer engagement

Japanese Startup Creates Smart Mask Capable of Translating Eight Languages

Yulu to focus on long-term rentals, add 1 lakh electric bikes by 2021



8th August, Saturday


Volvo Joins the Crowd of Automakers Setting Up in Israel

Indian entrepreneur makes solid fuel from plastic waste

New Age Meats Raises $2 Million For Development Of Cell-Based Pork Sausage

Food ordering startup Eatsy shutters operations



7th August, Friday


Chingari,  a short video-sharing platform, wins AatmaNirbhar Bharat App Challenge In Social Media Category

ShareChat To Join Unicorn Club With $100 Mn Microsoft Infusion

Elon Musk’s tunnelling startup, The Boring Company, has received approval to expand its transportation network beneath Las Vegas

New NYC app hopes to change the rules of the rental market

Facebook extends coronavirus work from home policy until July 2021


6th August, Thursday


Special raises $2.26M to build a subscription platform for online creators

Byju's acquires WhiteHat Jr in a $300 million all-cash deal

Frisco Startup Developing ‘Mixed Virtual Reality' Tool for Teachers

Seattle startup Xealth lands investment from Cerner as COVID-19 accelerates digital health adoption

On-demand mental health service provider Ginger raises $50 million

Mode raises $33M to supercharge its analytics platform for data scientists



5th August, Wednesday


Springboard raises $31 million to expand its mentor-guided education platform to more geographies

Jakarta-based Wahyoo gets $5 million Series A to help small eateries digitize their operations

Apple sponsors a three-year UCLA study on depression and anxiety

London-based Weezy raises pre-seed funding for its 15-minute grocery delivery app


4th August, Tuesday


Tempo Raises $60 Million as First Home Fitness System to Use 3-D Sensors, Artificial Intelligence

A 13 yr old entrepreneur, who launches his own start up Papers N Parcels, to uberise courier services in the city Mumbai

The Founder Institute Launches A ‘Joint Pledge’ To Make Innovation Impactful Again

Byju's set to raise nearly $400 million; become second-most valued startup in India


3rd August, Monday


GM-backed electric truck startup Lordstown Motors is going public

A stretch on the California highway is now paved with plastic

Mobile banking startup Varo is becoming a real bank

0% human interaction; MUY opens its first contactless restaurant in Colombia



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.


News Curated by: Priya Nath

Priya Nath has a keen interest in startups. She is remembered as a geeky student by her classmates. Her passion includes owning innovative gadgets, networking and psychology.

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