Friday, 10 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Tech and Science > Startups Weekly: Fast and furious
Tech and Science

Startups Weekly: Fast and furious

Last updated: June 22, 2025 4:13 am
Share
Startups Weekly: Fast and furious
SHARE

Welcome to Startups Weekly: A Recap of the Latest in the Startup World

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.

Some startups accrued value at lightning speed this week, and we got confirmation that defense tech is red hot.

Most interesting startup stories from the week

Eric Glyman, Ramp,
Image Credits: Kelly Sullivan / Getty Images

Many startup stories this week occurred in Y Combinator’s orbit in some way. Also, Israel once again lived up to its “Start-Up Nation” reputation.

That was fast: No-code website-building platform Wix acquired 6-month-old, bootstrapped vibe-coding startup Base44 — both Israeli companies — for $80 million in cash.

That was fast, too: In just three months, Ramp’s valuation jumped to $16 billion following its Series E, up from $13 billion when the spend management startup did a secondary sale earlier this year.

Friends and foes: New details emerged on Meta’s $14.3 billion deal to acquire 49% of startup Scale AI, including a potential dividend payout. We also learned that OpenAI was dropping Scale AI as a data provider following the deal.

Frenemies: The U.S. Department of Defense awarded a contract worth up to $200 million directly to OpenAI, which could further strain the startup’s relationship with Microsoft.

ICYMI: Out of all the teams presenting at YC’s recent Spring 2025 Demo Day, here are 11 startups that investors have been talking about.

Didn’t happen: People are also still talking about the police shutting down the YC Demo Day after-party that controversial AI startup Cluely tried to throw; or as its CEO told JS, “the most legendary party that never happened.”

See also  My Weekly Reading and Viewing for December 8, 2024

Most interesting VC and funding news this week

Man at laptop in a defense bunker
Helsing – Image Credits: Helsing

Most funding news was driven by either defense tech, AI, or both, but there were also some surprises. Plus, one VC firm is aiming high for its next fund.

Good intuition: Applied Intuition, a company making software for autonomous vehicles, secured a $600 million Series F and tender offer at a $15 billion valuation.

New tune: Munich-based defense tech startup Helsing closed a €600 million investment led by Prima Materia, the VC firm of Spotify’s founder Daniel Ek, which valued Helsing at €12 billion.

New unicorn: Israeli observability startup Coralogix became a unicorn after raising a $115 million Series E, which it will use to double its headcount in India, where 100 of its 550 employees are currently based.

Toldja: Mach Industries, a 2-year-old defense tech startup, confirmed having raised a $100 million round of funding led by Khosla Ventures and Bedrock at a $470 million valuation.

Money flows: Aspora, a startup formerly known as Vance and focused on facilitating remittances from the Indian diaspora, closed a $50 million Series B co-led by Sequoia and Greylock at a $500 million valuation.

Change of heart: Sword Health, an AI-powered digital health startup that began as a virtual physical therapy solution, locked in $40 million at a $4 billion valuation in a funding round led by returning investor General Catalyst. It also pushed back its IPO plans to at least 2028.

Multiplier effect: Multiplier Holdings announced having raised $27.5 million across seed and Series A rounds after joining the growing trend of buying legacy service businesses — in its case, accounting firms — and scaling them with AI.

See also  Phone chipmaker Qualcomm fixes three zero-days exploited by hackers

Stock where you shop: Grifin, a startup whose app helps users buy stock from brands they shop at, such as Walmart, secured $11 million in a Series A round.

Out of Sweden: Polar, a payment infrastructure platform for developers and AI-first businesses, raised a $10 million seed round led by Accel. Its CEO previously co-founded Tictail, which was acquired by Shopify in 2018.

Bullish: Global VC Endeavor Catalyst is seeking to raise $300 million for its fifth fund. This would be its largest yet, as it looks to deepen its bet on fast-growing startups in emerging markets.

Last but not least

Alexa von Tobel
Image Credits: Alexa von Tobel

An early investor in Chime, founder-turned-VC Alexa von Tobel is ready for Fintech 3.0. “The next wave of innovation won’t come from superficial tweaks but from fundamental deep product reinvention — tools that meet the needs of a changing economy and a more diverse, digitally native population,” she told JS in an interview.

TAGGED:FastFuriousStartupsWeekly
Share This Article
Twitter Email Copy Link Print
Previous Article June 22, Joe Louis knocks out Max Schmeling June 22, Joe Louis knocks out Max Schmeling
Next Article From the Archives: A Garden of American History at the White House From the Archives: A Garden of American History at the White House
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Fantastical Totems Emerge from Clay in Yu Maeda’s Vibrant Sculptures — Colossal

Yu Maeda, a talented artist based near Tokyo, finds joy in the freedom of working…

November 25, 2024

Crystal Palace appeal over Europa League spot denied by CAS over UEFA’s multi-club ownership regulations

Crystal Palace's appeal against UEFA's decision to demote them from the Europa League to the…

August 11, 2025

The Friendship That Transformed Frida Kahlo 

Frida Kahlo's Month in Paris: A Surrealist Encounter with Mary Reynolds Frida Kahlo, “Self-Portrait with…

July 24, 2025

Buyer of Maurizio Cattelan Banana Invests $100M in Trump Crypto

Crypto Mogul Justin Sun Makes Controversial $100 Million Investment in Trump's $TRUMP Token Crypto mogul…

July 16, 2025

Yirantian Shanghai Spring 2025 Collection

Yirantian Guo: A Tribute to Carmen Amaya in Spring Collection Yirantian Guo, a talented dancer…

October 13, 2024

You Might Also Like

Lasers made muon beams, no massive accelerator needed
Tech and Science

Lasers made muon beams, no massive accelerator needed

October 10, 2025
Brain scans reveal where taste and smell become flavor
Tech and Science

Brain scans reveal where taste and smell become flavor

October 10, 2025
Astronomers saw a rogue planet going through a rapid growth spurt
Tech and Science

Astronomers saw a rogue planet going through a rapid growth spurt

October 10, 2025
Physicists are uncovering when nature’s strongest force falters
Tech and Science

Physicists are uncovering when nature’s strongest force falters

October 10, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?