Startups, unlike traditional businesses, are established with the goal of rapid growth and often take risks and receive a large amount of investment. These investments are used to accelerate the growth of the business and they often develop projects that focus on technological innovation. However, the survival and growth of startups is often a challenging process.
Entrepreneurs have to constantly improve their product and business model, impress their customers and satisfy investors in order for their business to succeed. A successful startup is achieved with a team that believes in and is excited about its product, a business model that meets the needs of customers, and proper management of its financial resources. Building a startup therefore requires a great deal of risk and dedication, but can offer significant rewards when it succeeds. Let’s see what happened in the startup ecosystem this week.
Also See: Saha Robotics Receives $3 Million Investment
Startups that received investment
Hackajob is a platform that connects job seekers with suitable companies. The company received $25 million from US-based Volition Capital in investment round B. Click for more information.
TeacherX, a Turkish education technology startup, announced that it has received investment from Founder One. Click for more information.
REM People, which provides retail analytics services with AI-based image recognition technologies, will invest 4.5 million dollars in 5 tech startups. Click for more information.
Jolt Energy has received a 150 million euro investment from InfraRed Capital Partners to bring battery-buffered ultra-fast charging stations to city centers in Europe and the US. Click for more information.
Prewave has raised €18 million in a Series A funding round. The startup will be able to predict risks in the supply chains of customers such as BMW, PwC and Lufthansa with this investment. Click for more information.
Saha Robotics, a Turkish startup developing autonomous delivery robots, raised $3 million in its second investment round. Click for more information.
What’s new this week
The Moon, with its enigmatic dark side, has been the subject of awe and fascination for thousands of years. Click for more information.
It turns out that Amazon has taken a new step to make its podcast features better. The company quietly acquired New York-based audio content discovery engine Snackable AI last December. Click for more information.
In the recent period, with the increasing popularity of artificial intelligence technologies, some professions will start to stand out. Click for more information.
Shift Robotics, a Pittsburgh-based robotics and engineering company, has invented AI-powered shoes called Moonwalkers that allow the wearer to walk 250 percent faster. Click for more information.
A Japanese robotics company called Jizai Arms has designed a system of spider-like robotic limbs consisting of six arms that can be controlled by the wearer. Click for more information.
Qualcomm Incorporated today announced that its subsidiary Qualcomm Technologies, Inc. has agreed to acquire Autotalks. Click for more information.
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