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Startups
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VC powerhouse Sequoia splits China and India units
Sequoia Capital is undergoing a significant transformation as it splits into three separate entities, separating the Chinese and US operations.
Indian space startup Pixxel raises $36 million in Series B funding
Pixxel, a space data company, has raised $36 million in a Series B funding round to accelerate the work on hyperspectral earth-imaging technology.
Elon Musk’s Neuralink brain implant startup gets FDA approval for human trials
Elon Musk’s brain implant company Neuralink has received approval from the US Food and Drug Administration (FDA) to conduct human clinical trials.
AWS launches accelerator for 10 generative AI startups
AWS is launching a new 10-week accelerator program focused on generative AI startups, offering the support and resources to 10 global startups
Pakistan’s logistics startup Trax raises $3.7 million
Pakistani delivery e-commerce logistics startup Trax has raised $3.7 million funding in an early seed round.
Israeli startup Chain Reaction raises $70M to launch blockchain chips
Israeli blockchain chip startup, Chain Reaction, has raised $70 million to accelerate complex technological solutions for blockchain and privacy technologies.
UK startup Quantum Motion raises $50M to build powerful quantum computers
UK-based Quantum Motion all set to take a quantum leap after securing $50 million in funding to develop a revolutionary technology platform
Chinese EV brand Zeekr secures $750M funding at $13 billion valuation
Zeekr, the premium electric car brand of Chinese automaker Geely has raised $750 million in a new funding round that boosts its value to $13 billion.
Pakistani fintech AdalFi raises $7.5M, aims to unlock access to credit for millions
Fintech startup AdalFi has raised $7.5 million to improve access to credit for millions of Pakistani consumers and small businesses.
Saudi-based fintech Hala acquires UAE’s payment startup to expand regionally
Saudi-based fintech Hala acquires UAE’s payment startup to expand its foothold in the MENA (Middle East and North Africa) regions.