Latest Startups & Entrepreneurship News
Nvidia Strikes $20 Billion Deal with AI Chip Startup Groq
Nvidia has agreed to a sweeping $20 billion licensing and asset deal with AI chip startup Groq. The agreement covers technology licensing and is discussed for its implications on Nvidia investors and the AI sector.
13 Creator Economy Startups Raise Nearly $2 Billion in 2025
Thirteen creator economy startups secured over $1.9 billion in funding this year, with eight AI content tools raising $1.2 billion combined. Key deals include Synthesia ($180M), ElevenLabs ($180M), Suno ($250M), and ShopMy ($147.5M total).
AI Supercharged 2025's Biggest Corporate Deals
US corporates invested heavily in AI frontrunners raising billions, boosting sectors like energy indirectly. Deep-pocketed firms drove the largest deals of the year.
Corporate Investment in African Startups Hits 3-Year High
Early 2025 saw a 44% jump in corporate-backed startup funding rounds in Africa, reaching the highest level in three years. This reflects growing interest in the region.
Krafton Launches $670M India-Focused Unicorn Growth Fund
Gaming company Krafton announced a $670 million fund targeting leading tech companies in Asia, with India as the primary focus. The fund aims to support unicorn growth.
Singapore's Galatek Raises $30M Series A for AI Automation
Automation and AI startup Galatek secured $30 million in Series A funding to accelerate product development and expand across Europe, North America, and Southeast Asia. It specializes in life sciences and semiconductor manufacturing systems.
Indian Startups Raise $1 Billion in December So Far
Startups secured funding through 78 rounds in December, totaling $1 billion, up 6% year-on-year per Tracxn data. Activity spans multiple stages amid sustained investor interest.
Saudi Newera.ai Secures $2.1M Pre-Seed for Generative AI
Newera.ai raised $2.1 million led by Embark to scale generative AI solutions for Saudi enterprises, focusing on R&D and local expansion. Founded in 2023, it aids digital transformation.
ShopMy Raises $147.5M in Affiliate Marketing Rounds
Affiliate marketing platform ShopMy announced $77.5M Series B in January and $70M more in October at $1.5B valuation. The funds support growth in creator commerce.
Suno AI Music Startup Closes $250M Series C
Suno raised $250 million in a Series C round led by Menlo Ventures, with Nvidia's NVentures and Lightspeed participating. It highlights AI's role in creator tools.
Qucev EV Startup Bags $14.5M Series B in India
Electric vehicle startup Qucev raised $14.5 million in Series B led by Blume Ventures, bringing total funding over $30M since 2021. Focus is on clean mobility expansion.
PowerUp Money Raises $12M for Wealthtech Platform
Wealthtech PowerUp Money secured $12 million Series A led by Peak XV Partners to enhance research, advisory, and launch personalized services. It analyzes mutual fund portfolios.