December 2023 - Page 24

Spanish satellite manufacturing startup, EMXYS, plans to launch an AI-equipped satellite, named “EdgeAISat”, into space in 2025. The satellite is designed to capture and quickly analyze events happening on Earth, thereby improving

The startup market is expected to expand in 2024, with 74% of businesses planning to increase or maintain their marketing budget. Despite the high risk of failure and challenges, many Americans (2

The Union Cabinet of India, chaired by Prime Minister Narendra Modi, has approved a Memorandum of Understanding (MoU) with the United States to boost innovation within startup ecosystems in both countries. Initial

The Minister for Information Technology and Digital Services in Tamil Nadu, PTR Palanivel Thiagarajan, has announced that the government will implement social justice in the startup ecosystem. Allocating targeted funding for SC/ST

Key Points: E-scooter startup Superpedestrian is shutting down its U.S. operations due to financial reasons and considering a sale of its European business. The company raised $125 million in a Series C

AI company Resemble AI has developed Resemble Enhance, an open-source tool that improves the quality of historical audio. The software uses a two-step process – first, a sophisticated denoiser removes static background

The market value of health tech in LatAm is expected to reach $3,480 million by 2025, a 120% growth since 2020. Zenklub and Conexa merge to create Latin America’s largest digital health

Key Points: John Raeder, Head of Software Investments at Bow River Capital, uses a “paranoia of operational frailty” approach to assist portfolio companies in scaling from $5-$10 million in revenue to beyond

– United Airlines, JetBlue, and Microsoft are among the investors backing three start-ups developing renewable aviation fuels, contributing $36.5 million toward their development. – The backing recognizes the importance of sustainable fuel

Space security start-up company, True Anomaly, based in Colorado has successfully raised $100 million in a series B funding round. The funding round was led by Riot Ventures, aimed toward developing space