Tag: startup funding

Alphabet’s $3T Surge, Startup Funding Wave, Healthtech Shake-Up, Next-Gen Chips, Fintech Growth

by educatekaroin News, AI, Business, Funding, India, TechLeave a Comment on Alphabet’s $3T Surge, Startup Funding Wave, Healthtech Shake-Up, Next-Gen Chips, Fintech Growth

1. Alphabet Achieves $3 Trillion Market Capitalization

Alphabet, the parent company of Google, broke records by reaching a $3 trillion market value faster than any other technology company. Analysts attribute this success to consistent revenue growth and bold investments in emerging technologies.

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2. Nothing Raises $200 Million for Consumer Electronics Expansion

London-based electronics manufacturer Nothing recently secured $200 million in Series C funding. This investment will support the development of new smartphone features and next-generation consumer devices. Industry observers note that the funding round attracted major venture capital firms.

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3. PharmEasy Clears Loan After Major Valuation Cut

Indian healthtech startup PharmEasy has announced the clearance of a significant loan from Goldman Sachs following a recent valuation reduction of nearly 90 percent. This development reflects the continuing changes and challenges in India’s digital health sector.

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4. MediaTek to Launch 2nm Smartphone Chip

Semiconductor company MediaTek revealed plans to launch its Dimensity 9500 chipset, built using an advanced 2-nanometer manufacturing process. The announcement signals upcoming innovation in smartphone performance and battery efficiency.

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5. Pelocal Raises $5 Million for Fintech Expansion

Fintech platform Pelocal has completed a $5 million Series A funding round, aiming to boost its digital payments infrastructure. The company intends to use the new capital for technology upgrades and market expansion.

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Eight Sleep Raises $100M to Boost AI Sleep Tech and Go Global

by educatekaroin News, AI, Startup, TechLeave a Comment on Eight Sleep Raises $100M to Boost AI Sleep Tech and Go Global

Eight Sleep just scored $100 million to power up its smart sleep gear and step onto the world stage. This startup uses AI to create digital sleep twins that help predict and improve rest. They’re also moving into medical tech, aiming to tackle sleep apnea and menopause symptoms with smart cooling. Since 2019, they’ve sold over half a billion dollars in sleep pods and are now shipping to 30-plus countries. With this fresh cash, Eight Sleep wants to get even smarter and expand into China soon. Sleep better, dream bigger!

Read more on: Techcrunch

Swedish AI Startup Lovable Becomes Unicorn Just 8 Months After Launch

by educatekaroin News, AI, Coding, TechLeave a Comment on Swedish AI Startup Lovable Becomes Unicorn Just 8 Months After Launch

In a rare lightning-fast rise, Swedish startup Lovable has hit unicorn status just eight months after launch. The startup secured $200 million in Series A funding, with Accel leading the round, bringing its valuation up to $1.8 billion. Lovable’s AI-driven platform helps people build apps and websites using plain language, and it’s clearly working — with over 2.3 million users and $75 million in annual recurring revenue already. What’s wild is they’ve done this with just 45 employees. While most users are non-coders, Lovable wants to become the go-to tool for building full-scale businesses. At this pace, that dream doesn’t seem far off.

Credit: TechCrunch