Mediobanca and Founders Factory Collaborate to Nurture 35 Startups with €12M Investment
In a strategic move to foster innovation and support the thriving startup ecosystem, leading Italian investment bank Mediobanca has joined forces with Founders Factory, a renowned global startup accelerator, to invest €12 million in nurturing 35 promising startups. The groundbreaking collaboration aims to fuel the growth of innovative ventures across various industries, propelling them to […]
Declining Investment and Debt Financing Challenges Start-up Ecosystem in MENA Region
Start-ups in the Middle East and North Africa (MENA) region secured $35.6 million in funding through 45 deals in June 2023, bringing the total funding for the first half of the year to $1.6 billion, according to a report by Wamda. Although May witnessed a significant rebound in investment activity, there was a 92% decrease […]
Start-ups emerge from the wreckage of Big Tech’s purging
Just two months after starting on a full-time basis, Nic Szerman quit his position at Meta Platforms (META.O) in November. He was a victim of the company’s drastic 13% personnel cut when the advertising market collapsed.A few days later, he was back to work and looking for funding for his own blockchain-based payment company, Nulink.He […]
Robotaxi startup Pony.ai gains taxi license
Self-driving tech company Pony.ai, backed by Toyota Motor Corp, said that it has obtained a taxi license in China. This will allow some of its driverless vehicles to start charging fares. The company said that it was the first autonomous driving company in the country to do so. The startup said that it was awarded […]
Planning for a startup? Here are a few tips and tricks you can follow
Startup businesses have been rising a lot lately, and gaining the world recognition too. But it is facing a lot of challenges as they lack financing. As majority of the money goes to setting up the root aspects of the business and leaves only little to nothing in the end, especially for marketing activities. It […]
Startup life outside the Tech hub
Mr. Bence Jendruszak, Co-founder and COO at SEON shared his paths and views in his start up life outside a traditional Tech Hub. He answered few questions which is sure to benefit the budding minds or anyone who is in the mindset to start a new business. On the question asked, what made him realize […]