Latest Startups & Entrepreneurship News

đź“…January 20, 2026 at 1:00 PM
Massive AI chip and defense tech funding rounds dominate, with VC expansions in Middle East and ASEAN, upcoming global startup events, and strong 2026 forecasts for fintech and space tech.
1

Etched.ai Raises $500M for Transformer-Specific AI Chip

Cupertino-based Etched.ai secured $500M in funding, bringing total to $625.4M, backed by Palantir, Peter Thiel, and others. The startup develops Sohu, a chip optimized for running transformer models.Source 2 This reflects surging demand for specialized AI hardware alternatives to Nvidia.Source 1

2

Defense Unicorns Secures $136M for National Security AI Software

Colorado Springs-based Defense Unicorns raised $136M, totaling $171.5M, from investors like Sapphire Ventures and Valor Equity Partners. The startup provides open-source software and AI for defense systems.Source 2 It highlights booming defense tech funding, the best year ever in 2025.Source 14

3

Onebrief Lands $200M for AI-Powered Military Planning Platform

Honolulu-based Onebrief raised $200M, reaching $311M total, backed by General Catalyst and Salesforce Ventures. The platform aids operational planning and decision-making for military teams.Source 2 Investors show strong conviction in AI for defense applications.Source 4

4

FuriosaAI Seeks $500M Funding Ahead of IPO

South Korea’s FuriosaAI is raising up to $500M to challenge Nvidia in AI accelerators for inference and training.Source 1 The move underscores high demand for cost-effective AI hardware alternatives.Source 1 It positions the firm in the booming AI chip fundraising category.Source 1

5

Sequoia Capital to Invest in Anthropic

Sequoia is set to back Anthropic, following investments across AI labs, per The Information.Source 1 This signals VCs betting on multiple frontier AI winners rather than a single dominant player.Source 1 It provides Anthropic with networks and enterprise leverage.Source 1

6

Jerusalem VC Opens Dubai Outpost for Middle East AI Deals

A Jerusalem-based VC firm launched a Dubai office to access Gulf AI capital and cross-border opportunities.Source 1 It taps into trends of non-US funding for compute-intensive startups.Source 1 Dubai serves as a hub amid regional political dynamics.Source 1

7

Salesforce Expands Startup Program to Malaysia and Philippines

Salesforce launched its AI-powered startup program in Malaysia and Philippines, offering products, mentorship, and go-to-market support.Source 9 It now covers five ASEAN/South Asia markets, supporting 435+ startups including 230 AI-first ones.Source 9 Leaders cite thriving ecosystems for global scaling.Source 9

8

Tech Venture Meetup 2026 in Kuala Lumpur Tomorrow

TVMU 2026 on January 21 at MRANTI Park features startup pitches from TEASK, Herosoft, and others to investors.Source 3 Over 20 booths showcase deep tech, AI, and sustainability innovations.Source 3 Theme: 'Open to the World: Innovate, Scale & Go Public.'Source 3

9

Fintech Venture Funding Hits $51.8B in 2025, 11% of Global Total

Fintech captured 11% of global VC, second to AI, with $51.8B raised, up 27% YoY.Source 7Source 11 2026 forecasts predict growth in pre-IPO deals, M&A surge, and AI-integrated fintech.Source 7 Expect more bank charters, stablecoins, and wealth tech innovation.Source 7

10

Defense Tech Funding Reaches Record High in 2025

Defense tech startups had their best funding year ever in 2025, driven by mega-rounds.Source 14 In 2026, focus shifts to proving scalable production.Source 14 DC startups alone raised $5.4B, near decade high.Source 10

11

Gulfood Startups Launches in Dubai for Food Innovation

Gulfood Startups event from January 26-30 scales global food tech ventures.Source 13 It supports startups in food innovation amid rising entrepreneurship focus.Source 13 Part of broader UAE ecosystem growth.Source 1

12

Space Tech Investment Set to Rise Further in 2026

Global space tech funding expected to grow in 2026 after record 2025 driven by defense spending.Source 15 Report highlights continued momentum for startups.Source 15 Aligns with deep tech trends.Source 4