Startups stories - Page 9

Peak XV launches Surge 11 with 23 startups across AI, fintech, consumer brands, and infrastructure from India, APAC, and global markets.

Scintil Photonics has raised $58 million to scale its AI chip tech, expanding production and workforce in France and the US for next-gen data centres.

NexGen Cloud has added NVIDIA's RTX Pro 6000 SE GPU to its Hyperstack platform, offering advanced AI and 3D computing on demand without hefty hardware costs.

Vineet Khanna, ex-Nestlé SVP, joins FourKites' Strategic Advisory Council to advance AI-driven global supply chain innovation and sustainability.

Despite US tariffs disrupting global trade, deep tech venture capital remains resilient due to its strategic, long-term innovations and growing investor confidence.

UK payments firm yetipay has raised GBP £3.5 million to fuel growth and new products for hospitality and retail, boosting annual revenues sevenfold.

Candex secures USD $33 million in Series C funding led by 9Yards Capital to boost its global procurement platform and vendor management offerings.

The EU finalises a General-Purpose AI Code of Practice to guide industry compliance ahead of the AI Act's new rules starting August 2025.

HTEC has named Tim Sears as its first Chief AI Officer to spearhead AI strategy, driving scalable solutions across industries including telecom and healthcare.

Stacks.ai appoints Farid Sedjelmaci as COO to lead UK expansion, capitalising on his fintech expertise to grow the firm's AI-driven finance automation platform.

Nebius has awarded over $850,000 in GPU credits to four AI health startups advancing cancer prediction, drug discovery, genomics and diagnostics.

The PR Mastery App uses AI to help UK SMEs create press releases and gain media coverage affordably, bypassing costly traditional PR agencies.

Digital transformation is vital for survival, but businesses must balance rapid innovation with strong governance to avoid costly risks and stay competitive.

Fintechs face tough scaling challenges amid market consolidation; data-driven strategies and strong trust are key to surviving and thriving.

The UK's new Industrial Strategy pledges GBP £6.6bn to the British Business Bank and GBP £500m for quantum computing to boost tech innovation and growth.

VivaTech 2025 attracted 180,000 global visitors, highlighting a 40% surge in AI exhibitors and fostering 640,000 business connections across 171 nationalities.

Upwind has appointed seasoned cybersecurity leader Rinki Sethi as Chief Security Officer to drive global security and support rapid growth.

NTT DATA is the exclusive advisory partner for Plug and Play's AI Centres of Excellence across North America, supporting startups and corporates with AI innovation.

Boxphish, backed by BGF's GBP £400 million funding, plans further growth after 70% ARR rise and acquiring dark web intelligence firm Trillion.

Jenny Welsh joins UniTaskr as Head of Growth and Strategy to spearhead global expansion and promote diversity in the student work platform sector.