AI startup Marqo completed the Series A round just six months after raising an $8.1 million seed round. The funds will go toward establishing a larger footprint in San Francisco where Marqo will now be headquartered.
Fintech startups Coalition and At-Bay, founded by security and spy-agency veterans, are using their tech smarts to transform the fast-growing business of protecting companies against hackers.
Kristo Käärmann launched Wise (formerly TransferWise) back in 2011 with the aim of helping users move cash around the world – without the marked-up fees charged by banks. Since then, the company has gone on to process more than $48 billion in cross-border payments and save customers more than $2.9 billion
The world’s third-richest person sold some of his Amazon stock for the first time in more than two years.
After remaining invite-only since its launch in 2023, Jack Dorsey’s social media platform, Bluesky, is open to the public.
With $1 trillion in assets and unrivaled returns, the private equity giant has conquered Wall Street, but its 76-year old founder, Steve Schwarzman, isn’t finished. He wants total domination overseas as well— and the firm’s crown prince, Jonathan Gray, has built an ingenious weapon targeting vast amounts of global wealth.
Serial entrepreneur Katy Barfield secured the seed round of funding from Asia Pacific early-stage VC Investible. Her company Yume has redistributed 8 million kilograms of food from customers including Kelloggs, Mars Food and Unilever.
Since 2016, Elon Musk’s startup Neuralink has been working on developing a brain chip that will allow users to control devices using only their thoughts. For the first time, it’s been implanted into a human being.
As of January 1, the 10 richest people on the planet are worth nearly $1.47 trillion—$30 billion more than a month earlier. And Facebook founder Mark Zuckerberg has overtaken Bill Gates to become the world’s fifth richest person.
At age 21, Zhang Hongchao started peddling shaved ice treats. A quarter of a century later, he and his younger brother Hongfu have made a fortune selling soft-serve ice cream, coffee drinks and its super popular bubble tea and lemonade.