Indian startups experienced a significant contraction in funding in the first half of 2023, revealing the knock-on effect of broader public market instability on young ventures in emerging regions.
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Today
Clean tech startup Fluxnium found a way to tap 50,000 years’ worth of nuclear fuel; plus, Hang Ten Systems nabbed another $53m
Fluxnium's fibers can extract uranium directly from seawater, which has enough of the nuclear fuel to power thousands of generations. Also, Hang Ten is a Palo Alto startup and says it has landed multiple seven-figure enterprise contracts within months of launch. Learn more about ... Show More
9m 52s
Yesterday
Early Anthropic hire, former METR COO have found a way to rein in rogue AI agents; plus, health benefits platform Thatch reaches $1B valuation
Their startup, Artificial Intelligence Underwriting Company (AIUC) has raised $40 million in a Series A round led by Ribbit Capital, with participation from First Harmonic. Also, Thatch is a five-year-old startup and the company raised $108 million from The General Partnership, I ... Show More
8m 36s
Sep 15
Superhuman acquired notetaker Fathom; plus, OpenAI bought smartphone camera maker Glass Imaging, and AI infrastructure company Cornelis raised $205M
Fathom said that it has over 400,000 monthly active users. Also, Glass Imaging was founded by a pair of former Apple engineers who previously led the team that developed Apple's Portrait Mode. And Cornelis, a company creating networking technology to help AI chips communicate mor ... Show More
7m 19s
Sep 2022
Is the startup party over in India?
India’s startup ecosystem is among the largest in the world, and it has grown exponentially in the last six years. Government data puts the number of recognised startups in the country at more than 70,000 this year – from less than 500 in 2016. But now funding is drying up, and i ... Show More
26m 29s
Apr 2025
India’s middle-class debt crisis
Nvidia says it expects to take a $5.5bn blow as the US clamps down on the Silicon Valley group’s ability to export artificial intelligence chips to China, and PwC is exiting 12 countries. Plus, the junk bond market has basically ground to a halt, and India’s middle class is deali ... Show More
11m 5s
Feb 2023
Negative market sentiment at the end of the week
<p>Investors are beginning to adjust to the prospect of higher interest rates, dragging down markets around the world. Meanwhile, job cuts in the tech sector continue, with Yahoo being the latest big tech name to announce layoffs. Manuel Villegas, Next Generation Research analyst ... Show More
7m 21s