StartUp

Start-up stripped of prize money over Russia ties — RT World News

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Slush 100 finalist ‘Immigram’ has win revoked after critics point to founders’ citizenship The organizers of the annual Helsinki-based Slush start-up and tech conference have disqualified this year’s competition winner, ‘Immigram’, from the contest after it was revealed that the founders had ties to Russian investors and held Russian passports. ‘Immigram’ is a London-based talent … Read more

Amazon considered saving Argo AI self-driving startup – Bloomberg (NASDAQ:AMZN)

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georgeclerk/iStock Unreleased via Getty Images Amazon (NASDAQ:AMZN) considered coming to the rescue of now-defunct Volkswagen (OTCPK:VWAGY) and Ford (F) backed self-driving startup Argo AI. According to Bloomberg, Amazon had mulled a plan to use the startup’s technology in delivery vehicles, bolstering existing partnerships with Rivian Automotive (RIVN). According to the outlet, former VW CEO Herbert … Read more

How a Hot Norwegian Battery Start-Up Beat the SPAC Deep Freeze

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Stocks associated with special purpose acquisition companies crashed in 2022—with an exception: Freyr Battery The shares are up some 34%, year to date, despite stumbling this past Monday after releasing earnings. The stock’s rise, in fact, has accelerated; it’s up 5% in the past month, and 80% over six months. The Norwegian start-up had a … Read more

Indian startup launches country’s first privately built rocket : NPR

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Vikram-S rocket, India’s first private rocket developed by Skyroot Aerospace, an Indian startup, lifts off in Sriharikota, India, on Friday. Skyroot via Reuters hide caption toggle caption Skyroot via Reuters Vikram-S rocket, India’s first private rocket developed by Skyroot Aerospace, an Indian startup, lifts off in Sriharikota, India, on Friday. Skyroot via Reuters An Indian … Read more

Startup ID.me’s claim on scope of unemployment fraud was baseless, U.S. Congress says

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Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Nov 17, 2022  •  0 minutes ago  •  1 minute read Join the conversation Article content OAKLAND — Government contractor ID.me, which checks the identity of benefits applicants, had no basis for its claim that almost half of unemployment aid during the pandemic was lost … Read more

Women health startup Maven raises $90 million in post-Roe v. Wade boom

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Founder and CEO of Maven Clinic Kate Ryder, the first female health tech unicorn, valued at $1 billion. Daniel Zuchnik | Getty Images Entertainment | Getty Images Maven, the women and family health startup, has raised $90 million in a new fundraising round, and in a tough environment for venture funding. The round, led by … Read more

Nio Stock A Buy? China Luxury EV Startup Seen Doubling Revenue In 2023 Investor’s Business Daily

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Nio (NIO) targets a booming market for electric cars. The Chinese EV startup is preparing a year-end sales push, and shares soared Nov. 11 as China eased its zero-Covid policy. Is Nio stock a buy? X Founded in 2014, Nio, sometimes called the Tesla (TSLA) of China, went on to deliver booming sales. Like Tesla, … Read more

Electric vehicle start-up Arrival faces delay to first working van

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British start-up Arrival is facing an array of setbacks including a delay of several years to its first saleable van, a recent vehicle fire witnessed by its largest customer, and a distracting side-project to make an electric jet, according to multiple people inside or close to the company. Morale in parts of the business has … Read more

Asset management firm launches BTC Lightning Network startup accelerator

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Asset management firm Stone Ridge, the parent company of Bitcoin company NYDIG, has launched the first startup accelerator that focuses on the Bitcoin Lightning Network and the Taro protocol, called In Wolf’s Clothing (Wolf).  The accelerator consists of 8-week programs in which the best founders and startup teams from around the world will be brought … Read more