Simply Startups

AI Sales Assistant Donna Raises €1.5M, Zepto’s $665M Funding Boosts Quick Commerce, Turkish Fintech Startups Attract $166M

Ghent-based Donna secures €1.5 million to revolutionize sales processes. Mumbai-based startup Zepto raises $665 million at a $3.6 billion valuation. Turkish fintech startups draw $166 million in investments. Venture Highway teams up with General Catalyst to boost Indian startups with $500 million to $1 billion investment.Sources:https://www.eu-startups.com/2024/06/ghent-based-donna-raises-e1-5-million-to-be-the-ai-assistant-for-sales-reps-on-the-go/https://techcrunch.com/2024/06/20/zepto-a-10-minute-delivery-app-raises-665-million-at-3-6-billion-valuation/https://www.hurriyetdailynews.com/turkish-fintech-start-ups-draw-166-million-in-investments-197661https://www.siliconindia.com/news/startups/venture-highway-teams-up-with-general-catalyst-to-boost-up-indian-startups-nid-230311-cid-19.htmlOutline:(00:00:00) Introduction(00:00:44) Ghent-based Donna raises €1.5 million to be the AI assistant for sales reps on the go(00:03:55) Zepto, a 10-minute delivery app, raises $665 million at $3.6 billion valuation(00:06:57) Turkish fintech start ups draw $166 million in investments(00:09:51) Venture Highway teams up with General Catalyst to boost up Indian startups

Quantum Innovations Raises €9.4M for Cardiac Surgery Tech, Concerns Over AI Ventures from Big Tech

Warsaw-based Quantum Innovations secures funding to develop cardiac surgery monitoring tech. Ilya Sutskever's new startup sparks concern in the AI community. Plus, UK cybersecurity startup PQShield raises $37M for post-quantum cryptography. Also, the Israel Innovation Authority unveils new Angel Clubs to support early-stage startups.Sources:https://www.eu-startups.com/2024/06/warsaw-based-quantum-innovations-raises-e9-4-million-to-develop-cardiac-surgery-monitoring-tech/https://economictimes.indiatimes.com/tech/technology/ilya-sutskevers-new-startup-is-the-latest-of-many-ai-ventures-coming-out-of-big-tech/articleshow/111132887.cmshttps://thenextweb.com/news/uk-cybersecurity-startup-pqshield-raises-37m-for-post-quantum-cryptographyhttps://nocamels.com/2024/06/iia-unveils-new-angel-clubs-to-support-early-stage-startups/Outline:(00:00:00) Introduction(00:00:45) Warsaw-based Quantum Innovations raises €9.4 million to develop cardiac surgery monitoring tech(00:03:20) Ilya Sutskever’s new startup is the latest of many AI ventures coming out of Big Tech(00:05:52) UK cybersecurity startup PQShield raises $37M for post-quantum cryptography(00:07:58) IIA Unveils New Angel Clubs To Support Early-Stage Startups

Spanish Startup Raises €6.3M for IoT Satellite Constellation, European Plant-Based Food Startups Lead the Way

Madrid-based space tech FOSSA Systems secures €6.3 million for its industrial IoT satellite constellation. Kale Yeah! 10 startups are revolutionizing the plant-based food scene in Europe. Plus, Abu Dhabi's startup ecosystem ranks as the fastest-growing in MENA, raising $1.06 billion in VC. Munich-based StoryBox secures €5.5 million to lead the future of AI-powered B2B video content creation.Sources:https://www.eu-startups.com/2024/06/madrid-based-space-tech-fossa-systems-snaps-e6-3-million-for-its-industrial-iot-satellite-constellation/https://www.eu-startups.com/2024/06/kale-yeah-10-startups-leading-the-plant-based-food-scene-in-europe/https://economymiddleeast.com/news/abu-dhabis-startup-ecosystem-ranked-fastest-growing-in-mena-raises-1-06-billion-in-vc-report/https://www.eu-startups.com/2024/06/munich-based-storybox-secures-e5-5-million-to-lead-the-future-of-ai-powered-b2b-video-content-creation/Outline:(00:00:00) Introduction(00:00:48) Madrid-based space tech FOSSA Systems snaps €6.3 million for its industrial IoT satellite constellation(00:03:23) Kale Yeah! 10 startups leading the plant-based food scene in Europe(00:06:12) Abu Dhabi’s startup ecosystem ranked fastest growing in MENA, raises $1.06 billion in VC: Report(00:09:29) Munich-based StoryBox secures €5.5 million to lead the future of AI-powered B2B video content creation

NATO Invests $1.1B in Defense Startups, Richmond’s Biohealth Industry Gets Boost

NATO pours $1.1B into four defense and space tech startups, while Richmond launches a program to boost the biohealth industry. Plus, Berlin-based mika secures €800k to automate accounting for small businesses, and African agrifood startups invited to apply for $1m THRIVE Global Impact Challenge.Sources:https://www.benzinga.com/news/24/06/39371874/nato-pours-1-1b-into-these-four-defence-and-space-tech-startups-that-make-chips-unmanned-robots-andhttps://richmondbizsense.com/2024/06/18/life-sciences-startup-support-program-looks-to-boost-biohealth-industry-in-richmond/https://www.eu-startups.com/2024/06/berlin-based-mika-bags-e800k-to-automate-accounting-and-tax-filings-for-small-businesses/https://disruptafrica.com/2024/06/18/african-agrifood-startups-invited-to-apply-for-1m-thrive-global-impact-challenge/Outline:(00:00:00) Introduction(00:00:44) NATO Pours $1.1B Into These Four Defence And Space Tech Startups That Make Chips, Unmanned Robots And More(00:04:18) Life sciences startup support program looks to boost biohealth industry in Richmond(00:06:43) Berlin-based mika bags €800k to automate accounting and tax filings for small businesses(00:09:19) African agrifood startups invited to apply for $1m THRIVE Global Impact Challenge

AWS Commits $230M to Generative AI Startups, UK Regulates Big Tech, Oyo’s Valuation Declines, and Israeli Enterprise Software Startups to Watch

Amazon Web Services (AWS) announces a $230 million commitment to support generative AI startups. The UK government's increased scrutiny of Big Tech raises concerns for British AI startups. Oyo's valuation declines as it finalizes new funding. Discover the most promising Israeli enterprise software startups of 2024. Stay updated on the latest developments in the startup ecosystem with Simply Startups.Sources:https://technode.global/2024/06/17/aws-announces-230m-commitment-for-generative-ai-startups/https://www.uktech.news/guest-posts/big-tech-ai-regulation-uk-20240617https://techcrunch.com/2024/06/16/indias-oyo-once-valued-at-10b-finalizes-new-funding-at-2-5b-valuation/https://www.calcalistech.com/ctechnews/article/zjxp744m6Outline:(00:00:00) Introduction(00:00:42) AWS announces $230M commitment for generative AI startups(00:03:51) Over-regulating Big Tech is a risk to British AI startups(00:07:09) India's Oyo, once valued at $10B, finalizes new funding at $2.5B valuation(00:09:54) Most promising Israeli startups: 5 enterprise software companies to watch in 2024

Sixth Sense Ventures Launches INR 2,500 Cr Fund, Quantum Tech Startups Thrive

Sixth Sense Ventures sets sights on INR 2,500 Cr fourth fund for consumer startups. Jitendra Singh reveals over 40 quantum technology startups emerged in two years. Plus, Egyptian startup OneOrder raises $16 million in series A financing. Also, Adedoyin Florence Adeniran shares factors for startups' success in an exclusive interview.Sources:https://pune.news/business/sixth-sense-ventures-sets-sights-on-inr-2500-cr-fourth-fund-for-consumer-startups-191469/https://www.thehindubusinessline.com/info-tech/jitendra-singh-says-over-40-quantum-technology-startups-emerged-in-two-years/article68296027.ecehttps://www.techinafrica.com/egyptian-startup-oneorder-raises-16-million-in-series-a-financing-2/https://businessday.ng/bd-weekender/article/value-proposition-and-strong-market-understanding-factors-for-startups-success-adeniran/Outline:(00:00:00) Introduction(00:00:45) Sixth Sense Ventures Sets Sights on INR 2,500 Cr Fourth Fund for Consumer Startups(00:03:46) Jitendra Singh says over 40 quantum technology startups emerged in two years(00:07:32) Egyptian Startup OneOrder Raises $16 Million in Series A Financing(00:09:50) Value proposition and strong market understanding- factors for startups’ success - Adeniran

Amazon Invests in AI Startups, Trust M Limited’s Success Factors, FTC Chair on Tech Regulation, and Consolidation in the AI Market

Amazon shares good news for AI startups with AWS. Trust M Limited's Adedoyin Florence Adeniran discusses success factors for startups. FTC Chair Lina Khan talks about startups, scaling, and potential law-breaking innovations. Hugging Face CEO reveals the trend of AI startup acquisitions. Stay informed about the latest developments in the AI industry and the strategies employed by major players.Sources:https://www.entrepreneur.com/en-in/news-and-trends/amazon-shares-good-news-for-ai-startups-with-aws/475693https://businessday.ng/bd-weekender/article/value-proposition-and-strong-market-understanding-factors-for-startups-success-adeniran/https://techcrunch.com/2024/06/15/ftc-chair-lina-khan-on-startups-scaling-and-innovations-in-potential-law-breaking/https://fortune.com/2024/06/14/hugging-face-ceo-10-founders-week/Outline:(00:00:00) Introduction(00:00:43) Amazon Shares Good News For AI startups With AWS(00:03:20) Value proposition and strong market understanding- factors for startups’ success - Adeniran(00:05:52) FTC Chair Lina Khan on startups, scaling, and ”innovations in potential law breaking"(00:08:38) Hugging Face CEO says he hears from 10 AI founders a week who want to sell their startups

AWS Invests in GenAI Startups, Crypto Exchange Success Factors, WebX IMS Launches Upstart

AWS pours $230M into generative AI startups to accelerate innovation. Explore the critical components that contribute to the success of a crypto exchange for startups. WebX IMS unveils "Project Upstart" to provide tailored communication solutions for startups. Plus, the ethical concerns surrounding AI-driven content creation and the dispute between Perplexity AI and Forbes.Sources:https://techfundingnews.com/aws-pours-230m-into-genai-startups-to-accelerate-innovation/https://medium.datadriveninvestor.com/what-makes-a-crypto-exchange-successful-for-startups-17f4dcb3fd7bhttps://www.medianews4u.com/webx-ims-unveils-project-upstart-to-provide-startups-with-tailored-communication-solutions/https://www.metro.us/ai-startup-perplexity-wants-to-upend-search-business-news-outlet-forbes-says-its-ripping-them-off/Outline:(00:00:00) Introduction(00:00:42) AWS pours $230M into GenAI startups to accelerate innovation(00:03:58) What Makes a Crypto Exchange Successful for Startups?(00:07:39) WebX IMS unveils "Project Upstart" to provide startups with tailored communication solutions(00:10:22) AI startup Perplexity wants to upend search business. News outlet Forbes says it’s ripping them off

AI Startup Competition in APAC Markets, Rise of Insurtech Startups in India

Gear up for the iFLYTEK x Techsauce Global Summit 2024 Startup Competition and expand your business into the APAC markets. Explore the rise of insurtech startups revolutionizing term insurance in India. Plus, learn about fostering startup and enterprise collaborations and the merger of Korean AI chip startups.Sources:https://techsauce.co/en/tech-and-biz/iflytek-startup-competition-enhttps://www.luxuo.com/business/finance/term-insurance-and-the-rise-of-insurtech-startups-in-india.htmlhttps://www.koreatechdesk.com/building-bridges-jan-raczynski-on-fostering-startup-and-enterprise-collaborations/https://www.chosun.com/english/industry-en/2024/06/13/DTM5ETREJBDAJDMMNHQYEZNILY/Outline:(00:00:00) Introduction(00:00:43) AI Startups Gear up! iFLYTEK x Techsauce Global Summit 2024 Startup Competition to Expand Your Business into the APAC Markets(00:02:45) Term Insurance and the Rise of Insurtech Startups in India(00:05:31) Building Bridges: Jan Raczyński on Fostering Startup and Enterprise Collaborations(00:08:19) Korean AI chip startups Rebellions-Sapeon to merge, signaling industry restructuring

AI-powered Ledger for Global Finances, Pitfalls of State-led Capitalism, Energy Startups Announced, New Debt Offerings for Startups

Copenhagen-based Light secures €12.1 million to scale general ledgers for global company's finances. Start-ups need a nurturing parent, not a suffocating in-law. Rice University Alliance announces 12 energy startups advancing energy transition technology. Recur Club launches debt offerings for startups beyond Series A and SMEs.Sources:https://www.eu-startups.com/2024/06/copenhagen-based-light-snaps-e12-1-million-to-scale-general-ledgers-for-global-companys-finances/https://www.thenationalnews.com/opinion/comment/2024/06/12/gulf-economy-start-ups-investment-private-sector-business/https://indiaeducationdiary.in/rice-university-alliance-announces-12-energy-startups-advancing-energy-transition-technology/https://entrackr.com/2024/06/recur-club-launches-debt-offerings-for-startups-beyond-series-a-and-smes/Outline:(00:00:00) Introduction(00:00:44) Copenhagen-based Light snaps €12.1 million to scale general ledgers for global company's finances(00:03:31) Start-ups need a nurturing parent, not a suffocating in-law(00:05:46) Rice University Alliance Announces 12 Energy Startups Advancing Energy Transition Technology(00:09:16) Recur Club launches debt offerings for startups beyond Series A and SMEs