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Top 10 Startup and Tech Funding News – July 2, 2025

It’s Wednesday, July 2, 2025, and we’re back with your daily snapshot of where capital is flowing and which startups are commanding attention in the global tech landscape. Today’s edition arrives a little late, but it’s packed with heavyweight deals […]

The post Top 10 Startup and Tech Funding News – July 2, 2025 first appeared on Tech Startups.

Palmer Luckey launches crypto bank Erebor with backing from Palantir’s Joe Lonsdale

Silicon Valley’s startup scene lost a major financial lifeline when Silicon Valley Bank collapsed in March 2023. Now, a new venture is stepping in to fill the gap—and it’s backed by some familiar names in tech. Palmer Luckey, co-founder of […]

The post Palmer Luckey launches crypto bank Erebor with backing from Palantir’s Joe Lonsdale first appeared on Tech Startups.

Robinhood’s tokenized shares not backed by OpenAI, warns ChatGPT creator

Robinhood’s attempt to tokenize shares of buzzy private companies just hit a wall. OpenAI is distancing itself from the trading app after it began offering what it called “OpenAI tokens” to users in Europe, without any involvement or consent from […]

The post Robinhood’s tokenized shares not backed by OpenAI, warns ChatGPT creator first appeared on Tech Startups.

Dutch climate tech startup Dexter Energy raises €23M to scale AI-powered renewable trading

Amsterdam-based climate tech startup Dexter Energy has raised €23 million ($27.1 million) in Series C funding to scale its AI-driven forecasting and trading tools for renewable energy and battery operators. The round was led by Alantra’s Klima fund, with participation […]

The post Dutch climate tech startup Dexter Energy raises €23M to scale AI-powered renewable trading first appeared on Tech Startups.

Microsoft to lay off 9,000 employees in fresh round of job cuts amid AI-driven restructuring

Microsoft is starting its new fiscal year with another round of layoffs—this time letting go of about 9,000 employees, or just under 4% of its global workforce, Microsoft announced on Wednesday. The news comes just weeks after Bloomberg reported that […]

The post Microsoft to lay off 9,000 employees in fresh round of job cuts amid AI-driven restructuring first appeared on Tech Startups.

Veeam Government Partnerships and Municipal Data Resilience Strategy

Veeam has established itself as a data resilience leader for government organizations, serving over 1,400 government customers through a dedicated subsidiary and comprehensive solution portfolio. While the municipal cybersecurity landscape presents escalating challenges, Veeam’s government-focused approach demonstrates significant success metrics […]

The post Veeam Government Partnerships and Municipal Data Resilience Strategy first appeared on Tech Startups.

Top 10 Startup and Tech Funding News – July 1, 2025

It’s Tuesday, July 1, 2025, and we’re back with your daily breakdown of startup and tech funding moves. Today’s deals span early-stage moonshots and late-stage growth bets—from robotics and longevity biotech to climate tech and crypto trading platforms. AI remains […]

The post Top 10 Startup and Tech Funding News – July 1, 2025 first appeared on Tech Startups.

Surge AI seeks $1B at $15B+ valuation in first-ever raise as Scale AI loses customers and CEO to Meta

Surge AI is raising its first-ever round of funding—and it’s swinging big. The data-labeling AI startup, known for staying quiet while racking up serious revenue, is now in talks to raise up to $1 billion, according to an exclusive report […]

The post Surge AI seeks $1B at $15B+ valuation in first-ever raise as Scale AI loses customers and CEO to Meta first appeared on Tech Startups.

Grammarly acquires email startup Superhuman to expand beyond grammar and dominate AI work tools

Grammarly is making its boldest move yet to shed its reputation as just a grammar-checking app. The company has acquired Superhuman, the sleek email startup known for speed, AI features, and an invite-only mystique that once made it Silicon Valley’s […]

The post Grammarly acquires email startup Superhuman to expand beyond grammar and dominate AI work tools first appeared on Tech Startups.

Elon Musk’s xAI raises $10 billion to fuel Grok AI and build a supercomputer to challenge OpenAI

Just two weeks after reports said Elon Musk’s AI startup xAI was aiming to raise $4.3 billion in equity on top of a $5 billion debt deal, Morgan Stanley confirmed Tuesday that the company has secured $10 billion in total […]

The post Elon Musk’s xAI raises $10 billion to fuel Grok AI and build a supercomputer to challenge OpenAI first appeared on Tech Startups.

Top 10 Startup and Tech Funding News – June 30, 2025

It’s Monday, June 30, 2025. I hope you had a restful weekend. We’re back with your daily breakdown of startup and tech funding moves, the last for the month of June. Today’s lineup offers a sweeping look at the capital […]

The post Top 10 Startup and Tech Funding News – June 30, 2025 first appeared on Tech Startups.

Apple is considering Anthropic or OpenAI to power Siri’s AI future in major shift

Apple is about to break one of its golden rules: building everything itself. According to a new Bloomberg report, Apple is now seriously considering offloading some of Siri’s brainpower to external partners like Anthropic or OpenAI. It’s a bold shift for […]

The post Apple is considering Anthropic or OpenAI to power Siri’s AI future in major shift first appeared on Tech Startups.

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