Canva, the Australian graphic design platform with over 190 million monthly users, announced Monday that it plans to acquire Leonardo.AI, a popular Australian image generation startup that has raised nearly $39 million in funding, and would integrate its models into Canva’s generative AI tools. Upon hearing the news, I immediately recalled that the startup had …
Virtual Care Drives Rise In Addiction Treatment Startup Funding – When Hollywood takes on addiction recovery, the script typically conjures up dingy rooms where the down-on-their-luck gather to share their struggles and fears. The prevailing venture-funded model, in contrast, offers little cinematic eye candy. Rather, the focus is mostly on startups where people in treatment …
Porsche invests in battery startup South 8 to boost cold-weather EV performance in 2024 – All cars suffer when the mercury drops, but electric vehicles suffer more than most as heaters draw more power and batteries charge more slowly as the liquid electrolyte inside thickens. Drivers in Chicago found this out the hard way last …
2024 US Startups Gobble Up More $100M+ Rounds, Megadeals Explode – Want to keep track of the largest startup funding deals in 2024 with our curated list of $100 million-plus venture deals to U.S.-based companies? Check out The Crunchbase Megadeals Board. Although venture funding seems to be stagnating, more and more startups seem to be …
6 Important lessons for aspiring CDR startup founder – But because CDR is a new and emerging domain within climate tech, and the urgency of the climate challenge is so pressing, the scale-up challenge is immense. By 2050, the world needs enough capacity to remove between 5 and 16 billion tonnes of CO₂ from the …
With AI startups booming, nap pods and Silicon Valley hustle culture are back – When Jeffrey Wang posted to X last week asking if anyone wanted to go in on an order of fancy-but-affordable office nap pods, he didn’t expect the post to go viral. He said so many others wanted in, he could have …
California firm’s 24/7 renewable PPA with 100-hour heat battery – Photon’s proposal was for a 185MW solar PV project and a 50MW/5,000MWh energy storage system using its thermal energy storage technology, which would be able to deliver eight hours of solar PV a day, 16 hours of stored renewable power via daily cycling plus 84 …
Opinion: Behind the ArriveCan saga is a widespread scourge of the startup world on 2024 – For a wide enough swath of startup owners, it seems that mastering entrepreneurship quickly is on their lists, but the shortcut is avoiding tasks they may have to learn or find uninteresting. If there were an ArriveCan guide to …
Holistic AI Is Now H, a New French Startup With $220 Million Out of the Gate – A French artificial intelligence startup, simply called H, has raised $220 million in initial financing from a slew of billionaires and venture capitalists on the promise of building the next generation of powerful AI tools. For months, a …
Dal startup space partners with province to boost biomedical innovation – $650,000 to support Faculty of Engineering – The Government of Nova Scotia is investing $650,000 to support additional capacity in the Emera ideaHUB’s ideaBuild program. One of Dalhousie’s key facilities for startup development will double the number of companies in its flagship program over …
