Average startup CEO salary declines, pay gap widens in 2024
A Kruze Consulting report highlights that the average salary for CEOs of Series B startups declined almost 10% from $251,000 last year to $227,000 in 2024.
‘Gen AI edge’ picks up steam with SiMa.ai’s new round of funding
Oversubscribed $70M round led by Maverick Capital increases SiMa.ai’s total amount raised to $270M
Multiverse acquires AI talent software company Searchlight to help businesses close skills gaps
This is reportedly the edtech firms first acquisition outside of UK
Borderless AI launches from stealth with $27M investment to bring GenAI to global hiring
The company is building AI agents for the global HR industry, leveraging conversational AI to automate and speed up the process of on-boarding, managing, and paying international team members.
Agtech startup BharatRohan partners with AgHub to create hyperspectral libraries
The partnership leverages BharatRohan’s experience in Hyperspectral Imaging for agricultural crops, focusing on creating a spectral library to improve pest and disease detection in paddy and cotton crops
Voice AI startup ElevenLabs raises $80mn co-led by Nat Friedman, joins unicorn club
The new financing gives the company a $1.1 billion valuation helping it secure a unicorn status.
This defense tech startup is revolutionizing aerial warfare with AI pilots
Shield AI’s Hivemind enables teams of intelligent aircraft to operate and complete missions autonomously in high-threat environments, without the need for remote operators or GPS
No-code robotics startup Augmentus secures $5 mn in Series A funding
The Singapore-based startup offers solutions that combine computer vision with AI to enable intelligent and no-code robotics.
In yet another AI move, IBM launches $500 Mn enterprise AI venture fund
IBM has launched a $500 million venture fund to invest in a range of AI companies – from early-stage to hyper-growth startups –...
Sam Altman backs Payment startup Slope’s $30 M round
The two-year old fintech aims to win the opportunity to digitize the $125T B2B economy