Simply Startups

South Korean Startups Lead AI Chip Design, Apple Acquires DarwinAI

South Korean startups are making waves in the global market for AI computing by designing their own AI chips. Apple's recent acquisition of Canada-based startup DarwinAI signals its commitment to advancing its AI capabilities. Also, Tank Stream Labs offers private office spaces for AI and data startups, and Polish Corporation ORLEN launches an accelerator program for Korean startups.Sources:https://asia.nikkei.com/Business/Tech/Semiconductors/South-Korean-startups-chase-Nvidia-with-AI-chip-design-pushhttps://www.gadgets360.com/ai/news/apple-buys-darwinai-startup-tim-cook-ai-features-ios-18-in-2024-report-5242410https://www.smartcompany.com.au/startupsmart/news/tank-stream-suites-private-office-ai-data-security/https://www.koreatechdesk.com/polish-corporation-orlen-calls-on-korean-startups-for-accelerator-program/Outline:(00:00:00) Introduction(00:00:41) South Korean startups chase Nvidia with AI chip design push(00:02:56) Apple Buys Startup DarwinAI, Could Fuel Tim Cook’s AI Vision: Report(00:04:57) Tank Stream Labs targets AI, data startups with private office spaces(00:07:39) Polish Corporation ORLEN Calls on Korean Startups for Accelerator Program

German Startup Aims to Disrupt RPA Market, Funding Winter Impacts Indian Startups

Can this German startup be a UiPath killer? Interloom plans to revolutionize process automation with AI. Plus, over 35,000 startups shut down in 2023 due to funding winter. Also, startups are getting more realistic about exit roadmaps and Perfios becomes a unicorn in the fintech industry.Sources:https://fortune.com/2024/03/14/interloom-receives-3-million-seed-round-from-air-street-capital-ai-rpa/https://www.livemint.com/companies/start-ups/funding-winter-shuts-over-35-000-startups-in-2023-will-vcs-fund-tech-platforms-this-year-11710389253739.htmlhttps://www.modernretail.co/operations/startups-are-getting-more-realistic-about-exit-roadmaps/https://yourstory.com/2024/03/perfios-turns-unicorn-femtech-startups-women-health-ai-resilientOutline:(00:00:00) Introduction(00:00:41) Can this German startup be a UiPath killer?(00:03:33) Funding Winter shuts over 35,000 startups in 2023. Will VCs fund tech platforms this year?(00:05:22) Startups are getting more realistic about exit roadmaps(00:08:44) Perfios turns unicorn; How startups can become AI-resilient

Ariel Capital Supports War-Affected Start-ups, LG Invests in Bear Robotics

Ariel Capital dedicates NIS 5 million to support start-ups affected by war in Israel. LG invests $60 million in Bear Robotics, revolutionizing the hospitality industry. Plus, Cyble Inc. recognized as a top AI start-up funded by Y Combinator. Also, 8i Ventures floats a program to back early-stage start-ups.Sources:https://www.jpost.com/brandblend/article-791678https://retailwire.com/lg-invests-60-million-in-bear-robotics-startup/https://thecyberexpress.com/cyble-inc-named-among-y-combinators-top-100/https://startupnews.fyi/2024/03/13/8i-ventures-floats-programme-to-back-early-stage-startups/Outline:(00:00:00) Introduction(00:00:40) Ariel Capital Dedicates NIS 5 Million To Support War-Affected Start-ups(00:03:10) LG Invests $60 Million in Bear Robotics Startup(00:05:45) Cyble Inc. Among Top 100 AI Startups Funded By Y Combinator!(00:08:38) 8i Ventures Floats Programme To Back Early Stage Startups

London Startup Raises €9.1M, Birmingham’s Fastest-Growing Tech Startups, Cleantech Startup Ropes in Leonardo DiCaprio, AI Workflow Automation Startup Secures $29M

Packfleet, a London-based EV courier startup, raises €9.1M in funding. Simply Startups explores the fastest-growing tech startups in Birmingham, including Conigital, ThinCats, Modo Energy, Clarilis, Graide, Adaptavate, and Nylahs Naturals. SolarMente, a Spanish cleantech startup, partners with Leonardo DiCaprio to accelerate the energy transition. Nanonets, an AI-powered workflow automation startup, secures $29M in funding with its innovative software products.Sources:https://siliconcanals.com/news/startups/londons-packfleet-raises-9-1m/https://siliconcanals.com/news/startups/7-fast-growing-birmingham-tech-startups-in-2024/https://siliconcanals.com/news/startups/solarmente-ropes-in-leonardo-dicaprio-as-new-investor/https://www.businessinsider.com/nanonets-ai-workflow-automation-startup-raises-29-million-2024-3Outline:(00:00:00) Introduction(00:00:48) London’s EV courier startup Packfleet raises €9.1M from General Catalyst, Creandum, others(00:03:00) 7 fast-growing Birmingham tech startups that you should know about in 2024(00:05:45) Spanish cleantech startup SolarMente founded by YesDelft alumni ropes in Leonardo DiCaprio as new investor: Know more(00:08:15) Nanonets, an AI-powered workflow automation startup, just raised $29 million with this 23-slide pitch deck

SafeSpace Complex Launches in Sderot, VeUP Expands to North America

Introducing SafeSpace, a new complex for small businesses and startups in Sderot. VeUP announces its expansion into North America. Plus, ABB acquires 3D vision navigation startup Sevensense, and the team behind Falcon LLM emerges with a new startup and $20 million in funding.Sources:https://www.jpost.com/brandblend/article-791286https://retailtechinnovationhub.com/home/2024/3/11/veup-launches-north-american-operations-and-appoints-technology-veteran-mike-siegel-to-the-helmhttps://trans.info/en/3d-vision-navigation-startup-acquired-by-swiss-industrial-automation-company-381313https://fortune.com/2024/03/11/adaptive-startup-funding-falcon-ai-models-team-rlhf-rlaif/Outline:(00:00:00) Introduction(00:00:44) Reviving Sderot: SafeSpace Complex for Small Businesses and Startups(00:03:00) VeUP launches North American operations and appoints technology veteran Mike Siegel to the helm — Retail Technology Innovation Hub(00:05:50) 3D vision navigation startup acquired by Swiss industrial automation company(00:07:48) Team behind Falcon LLM emerges from stealth with new startup and $20 million in funding

Oklahoma Startup Shines at SXSW, African Startups Raise $217M, Malaysian Watch Startup Disrupts Industry, Chip Startup Receives Massive Funding

TU student startup SkinCheck is the only Oklahoma finalist in the prestigious SXSW pitch competition. African startups raised $217M in February, with Nigeria leading the way. Malaysian startup Horologer MING challenges the traditional luxury watch industry. Chip startup Efficient Computers receives massive funding for their 100x more efficient CPU architecture.Sources:https://tulsaworld.com/news/local/business/tu-student-startup-is-only-oklahoma-sxsw-pitch-competition-finalist/article_1eee4b90-d41b-11ee-af53-238258209006.htmlhttps://punchng.com/nigeria-leads-as-african-startups-raised-217m-in-february/https://www.gearpatrol.com/watches/ming-watches/https://wccftech.com/chip-startup-efficient-computers-massive-funding-unveil-architecture-100x-efficient-modern-offerings/Outline:(00:00:00) Introduction(00:00:43) TU student startup is only Oklahoma SXSW pitch competition finalist(00:03:11) Nigeria leads as African startups raised $217m in February(00:05:37) How a Malaysian Startup Rose Through the Ranks of Independent Watchmaking(00:07:35) Chip Startup Efficient Computers Receive Massive Funding, Unveil Architecture 100x Efficient Than Modern Offerings

UMass Startups Win Health Tech Challenge, German Startup Makes Biodegradable Tampons

UMass startups triumph in Lever's Western Massachusetts Health Technology Challenge. A German startup develops biodegradable tampons made from seaweed. Plus, a glimpse into the startups of the future and Tyson Ventures invites startups to apply for Tyson Demo Day 2024.Sources:https://indiaeducationdiary.in/umass-startups-triumph-in-levers-western-massachusetts-health-technology-challenge/https://www.euronews.com/health/2024/03/09/german-startup-makes-biodegradable-tampons-from-seaweed-that-dont-need-an-applicatorhttps://www.dailydot.com/?p=1540232https://www.foodengineeringmag.com/articles/101930-tyson-ventures-invites-startups-to-apply-for-tyson-demo-day-2024Outline:(00:00:00) Introduction(00:00:44) UMass Startups Triumph in Lever’s Western Massachusetts Health Technology Challenge(00:03:14) German startup makes biodegradable tampons from seaweed(00:05:52) The startups of the future will make it easier for others to read your emotions and make bottled water free(00:08:09) Tyson Ventures Invites Startups to Apply for Tyson Demo Day 2024

Binance Labs Invests in Crypto Startups, Todyl Raises $50M for Cybersecurity Platform

Binance Labs invests in seven startups from its incubation season 6, covering various sectors within the crypto industry. Networking and cybersecurity startup Todyl secures $50 million to develop its all-in-one modular platform. Plus, Endeavor Kenya unveils its inaugural cohort for the ScaleUp program, supporting high-growth startups. Also, South Korea's Ministry of SMEs and Startups empowers women in business with a groundbreaking plan.Sources:https://www.theblock.co/post/281299/binance-labs-incubation-season-6-ethena-derivio-othershttps://siliconangle.com/2024/03/07/networking-cybersecurity-startup-todyl-raises-50m-one-modular-platform/https://disruptafrica.com/2024/03/08/endeavor-kenya-unveils-inaugural-cohort-of-9-startups-for-scaleup-programme/https://www.koreatechdesk.com/empowering-women-in-business-koreas-ministry-of-smes-and-startups-leads-the-way/Outline:(00:00:00) Introduction(00:00:45) Binance Labs invests in seven startups, including Ethena and Derivio, from its incubation season 6(00:02:59) Networking and cybersecurity startup Todyl raises $50M for all-in-one modular platform(00:05:24) Endeavor Kenya unveils inaugural cohort of 9 startups for ScaleUp programme(00:08:19) Empowering Women in Business: Korea's Ministry of SMEs and Startups Leads the Way

Wobble Genomics Raises Funding for Biotech Innovation, LG Group Bets Big on AI Startups

Edinburgh-based Wobble Genomics secures funding to accelerate biotechnology innovations. LG Group makes bullish bets on AI startups. Plus, French defense ministry picks startups for quantum computer development. Also, Tokyo startup uses AI to boost gastrointestinal cancer detection.Sources:https://www.eu-startups.com/2024/03/edinburgh-based-wobble-genomics-raises-e9-9-million-to-accelerate-a-new-wave-of-biotechnology-innovations/https://www.kedglobal.com/venture-capital/newsView/ked202403070012https://www.c4isrnet.com/battlefield-tech/2024/03/07/french-defense-ministry-picks-startups-to-develop-quantum-computers/https://www.japantimes.co.jp/business/2024/03/07/tech/tokyo-ai-startup-cancer-detection/Outline:(00:00:00) Introduction(00:00:42) Edinburgh-based Wobble Genomics raises €9.9 million to accelerate a new wave of biotechnology innovations(00:03:08) LG ups ante in AI race with bullish bets on startups(00:05:52) French defense ministry picks startups to develop quantum computers(00:08:58) Tokyo startup looks to AI to boost gastrointestinal cancer detection

OurCrowd & Nvidia Partner to Accelerate AI Startups, Azerbaijan Empowers Women Entrepreneurs

Investor platform OurCrowd and semiconductor giant Nvidia unite to fast track AI startups. Azerbaijan boosts women's entrepreneurship with funding for 700 startups. Plus, Disney invests in language AI startups through its annual accelerator program. Also, German Direct Air Capture startup Greenlyte raises €10.5 million to efficiently remove CO2 from the atmosphere.Sources:https://nocamels.com/2024/03/investor-platform-ourcrowd-nvidia-unite-to-fast-track-ai-startups/https://bnnbreaking.com/international-affairs/azerbaijan-boosts-womens-entrepreneurship-700-startups-funded-by-aqsiahttps://slator.com/disney-invests-two-language-ai-startups-annual-accelerator-program/https://www.eu-startups.com/2024/03/german-direct-air-capture-startup-greenlyte-raises-e10-5-million-to-efficiently-remove-co2-from-the-atmosphere/Outline:(00:00:00) Introduction(00:00:42) Investor Platform OurCrowd & Nvidia Unite To Fast Track AI Startups(00:03:25) Azerbaijan Boosts Women's Entrepreneurship: 700 Startups Funded by…(00:05:58) Disney Invests in Two Language AI Startups Through Annual Accelerator Program(00:08:47) German Direct Air Capture startup Greenlyte raises €10.5 million to efficiently remove CO2 from the atmosphere