Gemini shares plunge as crypto exchange posts huge losses
The Winklevoss twins’ crypto exchange saw shares tumble to $13.88 following disappointing Q3 results. The company is down roughly 70% from its September IPO high of $45.89.
Category: Startups
MedTech’s compliance nightmare just got an AI solution
Guideways has secured over €1 million in pre-Seed funding to launch its AI platform that helps medical device companies navigate regulatory approvals. The startup aims to get life-changing innovations to patients years faster by automating compliance workflows. Investors see massive potential in sol
1Mind’s AI sales agents are coming for your sales engineers
1Mind just landed $30 million in Series A funding led by Battery Ventures. The startup’s AI agent, Mindy, focuses on inbound sales and can replace sales engineers on enterprise deals rather than handling outbound cold calls.
China Eases Export Controls on Critical Minerals
China has suspended several export controls on critical minerals that had effectively blocked shipments to the US. The move comes after commitments made during the Trump-Xi meeting in Korea and partially confirms White House statements.
Lenskart’s IPO stumbles despite massive investor demand
Lenskart’s highly anticipated $828 million IPO got off to a rocky start Monday, with shares dropping as much as 11% below the issue price. The weak debut contrasts sharply with recent Indian tech listings like Urban Company’s 60% surge.
Sam Altman’s $1.4 Trillion Bet – And Why He Won’t Pay If It Fails
OpenAI CEO Sam Altman has committed the company to $1.4 trillion in compute spending over coming years, despite projected revenue of just $20 billion this year. According to experts, Altman faces no personal financial consequences if these massive deals collapse, since he holds no equity stake in th
DoorDash Stock Plummets 15% on Spending Fears
DoorDash stock is plummeting toward its worst session ever as investors react to the company’s aggressive spending plans. The food delivery platform plans to invest heavily in autonomous delivery and global technology infrastructure.
Metropolis raises $1.6B to expand AI-powered recognition economy
Metropolis, the largest parking lot operator in the U.S., just raised $1.6 billion to expand its AI recognition technology beyond parking. The company uses computer vision to identify vehicles and process payments without physical transactions. This massive funding round values the company at $5 bil
Family Offices Are Cutting Deals But Still Betting Big on AI
Family offices for the ultra-rich are making dramatically fewer investments in 2025, with October deals down 63% year-over-year. Yet they’re still writing massive checks for AI startups, joining billion-dollar rounds for companies like Crusoe and Reflection. The data reveals a clear flight to qualit
Norrsken Evolve’s €57M Bet on Europe’s Impact Founders
Norrsken Evolve has launched a €57M oversubscribed pre-seed fund focused on backing European founders building resilient, sustainable companies. The fund combines €250K upfront funding with intensive mentorship and community support. General Partner Rebecka Löthman Rydå shares insights on what makes