Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Welcome to Startups Weekly – Your weekly extract of all you cannot miss from the starting world of companies. Do you want it in your inbox every Friday? Subscribe here.
This was the first week of February busy on the geopolitical front, as well as in the world of startups and VC news, with many advertisements and large amounts of capital.
Startups have taken different views about a frequent dilemma on whether or not you want a partner. In addition, a warning story on high burning rates, and future subscription subscriptions.
Join the forces: After a similar partnership with Aurora Innovation, independent Volvo solutions Participated with the start of the Truck of Self -Driving Waabi To develop and publish self -government trucks. Trading pilots in Texas will be launched soon, with a driver without a driver on public roads planned for the end of the year.
And Space Startups oursky and PlaneWave Merge to create a noticed spaceA new company aims to create the next generation of telescopes.
Go alone: Robotat Personal Intelligence Company A deal with Openai came outSet instead to focus on artificial intelligence at home due to a “large penetration”. The startup develops a human robot for general purposes for commercial and residential use.
And Google’s X. It revolves around genetic agricultureStartup using artificial intelligence to improve crop crop. The “Moonshot Factory” was about many projects under the leadership of Astro Teller.
Observer: groove Startup that builds programs for maintenance personnel, The acquired competitor Specifx To expand their data sets on repairs. An unveiled sum was acquired and funded from a round of $ 230 million announced by the company also this week.
High burning: Failed startup seat in Canada It was burned through 135 million dollars Over the years before the bankruptcy, records were revealed.
Writing subscriptionsTECHCRUNCH collected a list of Technology companies that can be displayed this yearIncluding two technology and defense startups that submitted public relations last month: Karman and Voyageer Technologies. Del was not on the list, but rather Main secondary sale It indicates that the public subscription, the start of Fintech/HR has been previously disturbed for the “timeline 2025/2026” approaching.
This week, interesting financing news brought us: the deal tours, but also new money, and even funds of money.
AdtechStackadApt Canadian ARTUP A growth round of $ 235 million Under the growth of the Teachers Project (TVG), the investment arm of the pension plan in Ontario.
FofIndia announced new Fund of 1.15 billion dollars for startups As part of its federal budget for the period 2025-26. FOF is supposed to have a “expanded range” compared to previous startup financing programs, and New Delhi will explore the creation of a separate FOF technology.
Indian llmsThe founder of the first billionaire Bhafish Agarawal announced that he will invest 230 million dollars in CrotreimStarting the artificial intelligence he created in a batch for Indian LLMS.
Deep technologyMunich -based CVC Hitachi projects Insurance of $ 400 million For its fourth fund, which will continue to target chain investments in startups in the field of deep technology, but with 55 % of the capital allocated to follow -up investments.
OzemPic effect: Berry Street and Fay, two of the startups that match the nutritionists with patients, Each of them raised a $ 50 million financing roundGLP-1 rear winds were created to provide nutrition advice.
riot! French start riot Collecting a series B with a value of 30 million dollars To expand its focus beyond the education of employees on the risks of cybersecurity, and now it has led them to the minimum threats. With post -money evaluation of $ 170 million, according to the sources, the company reached $ 10 million of annual revenue in 2024.
Cherry on top: VC German Vc Cherry Ventures A new fund collected $ 500 million To make investments in the early stage and follow -up. Its previous fund, which was announced in 2022, closed about $ 312 million.
The first box: Eurobean Vc FIRM FIRM, which is based in Paris, 85 million dollars raised For its first box. Its partners have invested in companies such as Gourmey and Sorare, among others.
European startups of artificial intelligence Completely raised $ 8 billion in 2024According to the French International Amnesty report. It was jointly released by VC in the early stage Galion.exe, the Rva Valley Investment Company, and the CHUSSOSON Partners, and also revealed that 70 % of the capital has entered the series B, indicating that the number may increase with the maturity of the scene .