Ali Rowghani, a former Y Combinator managing director and former Twitter executive, is launching a venture firm called Maxq. Maxq is targeting $ 250 million for its debut fund, Maxq Fund I, according to an SEC filing. The firm will focus on seed-stage investments, Axios reported on Wednesday. Rowghani’s former YC colleagues Mia Mabanta, Simon […]
Hedosophia leads $7M seed round into retail supply chain AI startup Ameba
Traditional retailers have a pressing problem. Fast-moving like Shein and Temu are eating their lunch by leveraging purpose-built, end-to-end supply chains. Meanwhile, incumbent retailers are still stuck on legacy platforms, juggling a myriad number of data sets, and struggling to respond to a punishingly fast market. A London-based startup thinks it has the solution to […]
How Techstars, Meta helped profitable LatAM startup Mercately raise a $2.6M seed
In Latin American countries like Brazil and Chile, messaging platform WhatsApp has become one of the most popular apps to buy things online. It was even the ecommerce platform of choice in the region during the pandemic. But WhatsApp is designed to be a messaging platform, not an e-commerce site. A startup called Mercately is […]
Starpath accelerates moon water mining plans with $12M seed funding
NASA and the space industry are in agreement: if we want to establish a permanent human presence on the moon, we’ll need to make use of every native resource we can — and none are as important as water ice. Starpath Robotics is one of a handful of startups planning for this future. The startup […]
India’s EtherealX puts $5M seed toward fully reusable launch vehicles
EtherealX, an Indian space startup, has raised $ 5 million in a seed funding round as it plans to develop fully reusable medium-lift launch vehicles, making satellite launches cost-effective and time-efficient. Space launches have multiplied in recent years. However, despite the number of players, launches still involve substantial transportation costs and considerable waiting periods. For […]