Tag: startups

German startups rose 3% in 2023, but 2024 outlook is grim

The logo of KfW Bankengruppe stands on a stele in front of the bank’s headquarters. Arne Dedert/dpa Business startups rose by around 3% in Germany last year, after a decline in 2022, the state-owned KfW investment bank reported on Monday, but said things are not looking good this year. According to the KfW, 568,000 people […]

Japan Plans To Allow VCs To Invest Directly in Crypto Startups

Japan Plans To Allow VCs To Invest Directly in Crypto Startups Japan is seeking to relax its venture capital (VC) crypto investment rules, allowing VCs to invest in Web3 startups that only issue cryptocurrencies. According to local media outlet Coinpost, the Japanese Cabinet has approved revisions to the Act on Strengthening Industrial Competitiveness. As part […]

US regulator opens probe into links between AI start-ups and tech giants

A US regulator have opened an investigation into the relationships between leading artificial intelligence start-ups such as ChatGPT maker OpenAI and the tech giants that have invested billions of dollars in them. “We’re scrutinising whether these ties enable dominant firms to exert undue influence or gain privileged access in ways that could undermine fair competition,” […]

Israel seeks backing for tech startups in Davos

DAVOS, Switzerland (Reuters) – An Israeli agency came to Davos with a message for the business community, its CEO told Reuters: Israel’s start-ups are open for investment. Dror Bin, who runs the publicly funded Israel Innovation Authority, said in an interview it was important for him to tell large multinationals and other investors that, despite […]

Private funding falls by nearly half for Israeli startups, report says

JERUSALEM, Jan 15 (Reuters) – Annual funding for the Israeli tech industry is expected to have fallen by nearly half in 2023 after a planned judicial reform and war with Hamas in Gaza deterred many investors, an annual report by Startup Nation Central found. But the group that coordinates global organisations with Israel’s innovators said […]

How startups and failures fuel growth and innovation in Utah

Utah is known as the home of Silicon Slopes for good reason, as an early incubator of the computing revolution and a home to high-tech companies and countless startups. But Utah is also a national leader in business failures, which may actually be a secret to its economic success. The state has long benefitted from […]