A new report showcases the 20 top-trending open source startups around the world, more than half of which are closely aligned with AI. The report is the handiwork of European venture capital firm Runa Capital, which has operated the Runa Open Source Startup (ROSS) Index since 2020. The Index serves quarterly updates on the fastest-growing […]
Startups Weekly: Wiz’s bet paid off in an M&A-rich week
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. It’s rare to report on an 11-figure startup acquisition, let alone multiple high-value deals in a single week. And there are more subtle signs that things are […]
VC investment in European startups passed $52B in 2024, continuing long-term growth trend
Venture capital investment in European startups passed $ 52 billion last year, reflecting the market’s long-term growth trajectory and gradual stabilization after the out-sized peaks of 2021-2022 (driven largely by the COVID-19 pandemic), and the comparative slump of 2023, according to a new report. Although 2024 has seen political and regulatory turmoil, Europe’s talent pool […]
Donald Trump Jr. has been boosting MAGA-related startups
Since Donald Trump Jr. joined VC firm 1789 Capital after his father won the election, he’s been busy monetizing the Make America Great Again (MAGA) ecosystem. He’s been making bets in media, pharmaceutical, guns, and crypto while pushing against environmental, social, and governance (ESG) and diversity, equity, and inclusion (DEI), the Financial Times reported. The […]
Y Combinator deletes posts after a startup’s demo goes viral
A demo from Optifye.ai, a member of Y Combinator’s current cohort, sparked a social media backlash that ended up with YC deleting it off its socials. Optifye says it’s building software to help factory owners know who’s working — and who isn’t — in “real-time” thanks to AI-powered security cameras it places on assembly lines, […]