Startups

Startups
Estonia’s Small but Thriving Startup Ecosystem Offers Big Tech No Special Treatment
June 19, 2022

Not having an equivalent to Silicon Valley, Europe’s technology sector is distributed across hubs all over the continent. And while American Big Tech has tended to settle in London and Dublin to tap into innovation opportunities across the region, in recent years one of the...

Startups
Brex Drops Tens of Thousands of SME Accounts to Focus on VC-Backed Startups
June 19, 2022

Brex, which is a Silicon Valley lender to startups, has dropped “tens of thousands” of small business customers as it intends to focus on bigger venture-backed clients, CNBC wrote, quoting co-founder Henrique Dubugras. The company has been letting customers know about the changes, saying they’ll...

Startups
Startup Rauva Developing ‘Super App’ for Europe’s Mediterranean Region
June 08, 2022

Two entrepreneurs are working together to launch the financial “super app” Rauva for Europe’s Mediterranean region and provide an integrated solution that’s compatible across countries. Canadian entrepreneur Sam Mizrahi and FinTech executive Jon Fath are developing Rauva to give the banking and financial community an...

Startups
VC Investments for Tech Startups Drop 26% in Q1 2022
May 17, 2022

Startups that had previously been seen as darlings have had to lay off employees, cut spending, cancel projects and generally scale back ambitions due to mounting economic headwinds and changing investor sentiment, The Wall Street Journal (WSJ) wrote Monday (May 16). It’s all part of...

Startups
Tech Startups Seeking US Funding Could Be Vetted After Pentagon Uncovers Chinese Exploitation
May 08, 2022

Congress may command government agencies to vet tech startups looking for federal funding in the near future, according to a Wall Street Journal (WSJ) report Sunday (May 8). The report said a Department of Defense study found that China is exploiting a popular program to...

Startups
AWS Commits $30M for Underrepresented Early-Stage Founders
April 20, 2022

Early-stage startups led by Black, Latino, LGBTQIA+ and women founders can apply for more than $30 million set aside by Amazon Web Services (AWS) as part of its new AWS Impact Accelerator. The first program, the AWS Impact Accelerator for Black Founders, is now open...

Startups
Investment in MENA Startups More Than Doubled in Q1 to $864M
April 17, 2022

Funding for startups in the Middle East and North Africa (MENA) region has more than doubled, hitting $864 million in the first quarter of this year, according to a Saturday (April 16) report from The National. This comes as economies in the region are still...

Startups
Private Startups Dragged Down by Tech Stock Sell-Off
April 17, 2022

A sell-off in public tech companies has caused startup shares to sink, Financial Times wrote Sunday (April 17). Forge Global, a venue for trading in private startups, said the prices of companies on its platform fell 19.9% in February and March, compared with Q4 of...

Startups
Pet Travel Startup Avvinue Announces Beta Launch
April 11, 2022

Avvinue, which bills itself as the only self-service pet travel booking platform, announced its beta launch on Monday (April 11), which was also National Pet Day. The company said its platform, now open for the public to test, helps travelers search and purchase flights on...