By Kylie Madry MEXICO CITY (Reuters) – Investors in construction technology startups are going to be cautious in the first half of the year as geopolitical factors, market demand and…
DAVOS, Switzerland (Reuters) – An Israeli agency came to Davos with a message for the business community, its CEO told Reuters: Israel’s start-ups are open for investment. Dror Bin, who…
SAO PAULO (Reuters) – Latin American startups raised $3.1 billion in venture capital investments in 2023, their worst performance since 2018, according to data released by Brazilian market tracking platform…
By Kylie Madry MEXICO CITY (Reuters) – Latin American venture capital firm NXTP has raised $98 million for a fund targeting technology startups largely in Brazil and Mexico, it said…
One Of The 2010s’ Trendiest Startups Plans To File Bankruptcy: REPORT Will Kessler on October 31, 2023 The once-booming start-up WeWork will file for bankruptcy as early as next week…
(Reuters) – Payments processor Visa on Monday launched a $100 million venture fund for generative artificial intelligence (AI) startups, joining a list of investors who have flocked to the sector…
NEW YORK (Reuters) – Two-thirds of Latin American startups have laid off staff over the last 18 months, as venture capital funding fell sharply in the region, according to “Latin…
By Joey Roulette WASHINGTON (Reuters) – U.S. space startups have slashed workforces and restructured operations to survive amid an investment drought that has grounded once-lofty aspirations. While more established players…
By Joseph White DETROIT (Reuters) – The venture capital arm of automaker Stellantis said on Thursday it will invest about 100 million euros ($108.3 million) in automotive and battery technology…
MEXICO CITY (Reuters) – The former chief executive of SoftBank Group International, Marcelo Claure, on Wednesday launched a fund focused on Latin America with initial commitments of around $440 million.…
By Maria Martinez BERLIN (Reuters) – Rising rents, less venture capital and a shortage of talent are taking the shine off Berlin as a hub for startups. “The one single…
Electric Vehicle Startups Keep Bleeding Cash John Hugh DeMastri on May 8, 2023 American electric vehicle startup companies are burning through cash ahead of their first quarter earnings reports this…
SYDNEY (Reuters) – Australia’s prudential regulator has started asking the country’s banks to declare their exposure to startups and crypto-focused ventures following the collapse of Silicon Valley Bank, according to…
TORONTO (Reuters) – A lobby group for Canada’s venture capital and private equity funds is asking Prime Minister Justin Trudeau’s government to provide emergency financing to help startups hit by…
By Kylie Madry MEXICO CITY (Reuters) – Tech startups in Latin America are struggling to find banking alternatives after the sudden crash of Silicon Valley Bank (SVB), one of the…
Electric Vehicle Startups Running Out Of Juice As Demand Lags, Production Stalls John Hugh DeMastri on March 6, 2023 Electric vehicle startups are increasingly strapped for cash and have little…
By Akash Sriram (Reuters) – A price war in electric vehicles started by market leader Tesla Inc has made it much more difficult for money-losing U.S. startups like Rivian Automotive…
By Akash Sriram and Shreyaa Narayanan (Reuters) – Investments in space startups more than halved to $21.9 billion in 2022 as their venture-capital backers sought safer avenues in the face…
By Akash Sriram (Reuters) – Space technology startups are being forced to limit their sky-high ambitions, as their venture-capital backers turn to safer bets due to the current economic turmoil,…
By Eva Mathews and Tiyashi Datta (Reuters) – Late-stage U.S. startups are scooping up talent unlocked by layoffs and hiring freezes at Big Tech, adding experienced engineers and project managers…
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) – Southeast Asian startups are enjoying a boom in fundraising exercises by venture and buyout funds that are chasing bigger returns and…
By Tatiana Bautzer SAO PAULO (Reuters) – Founders of Brazilian unicorns, startups valued above $1 billion, believe most startups will adjust their businesses to reduce cash burn amid a drop…
(Reuters) – China’s electric vehicle start-ups reported stronger sales for May and forecast continued gains for June as supply chains and output begin to recover from the disruption of COVID-19…
By Tatiana Bautzer NEW YORK – Investors have been reducing valuations of Latin American startups during the global stock market rout and in an environment of higher interest rates, said…
JOHANNESBURG – African start-ups attracted a record $5.2 billion in venture capital last year, bouncing back from a pandemic-induced dip in 2020 with a nearly five-fold increase in investments, according…