Latest Startups & Entrepreneurship News
Waabi Raises Up to $1 Billion for Self-Driving Tech
Autonomous trucking startup Waabi, founded by U Toronto's Raquel Urtasun, secured $750M plus $250M milestone funding from Uber to commercialize self-driving and enter robotaxis. Backers include Khosla Ventures, G2, NVIDIA, Volvo, Porsche. CEO Urtasun highlights Physical AI platform's edge in highways and streets.
Missouri Technology Corporation Awards $5.8M to 10 Startups
MTC approved $5.8M via IDEA Fund for Missouri tech startups like Ponchi (AI chips), Taylored Analytics (AI for banks), WaterfowlAI (club management). Since 2023, over $36M awarded to 112 firms; requires matching private capital.
Next deadlines: Feb 3 for April cycle.
Synthesia Closes $200M Series E at $4B Valuation
London AI video startup Synthesia raised $200M led by Google Ventures and Nvidia, nearly doubling valuation in a year. Funds pivot to interactive AI agents for enterprise learning and communications; serves 90% Fortune 100.
Includes employee liquidity via Nasdaq.