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Want to stay up-to-date with the latest news and trends in the startup world? Look no further than our weekly recap, Startups Weekly! Every week, we bring you the most exciting stories from the world of startups, covering fundraising news, exits, product launches, and more.
This Week’s Recap
This week was filled with some exciting fundraising news from around the world. We also saw some notable exits, including a planned IPO for an Indian startup. Meanwhile, in the US, startups are making waves by helping data centers reduce their environmental impact.
Most Interesting Startup Stories from the Week
Table Space: The Next Big Thing in India?
Image Credits: Table Space
As reported by TechCrunch’s Manish Singh, Table Space, an Indian startup that provides managed workspaces, is planning to go public next year at a valuation of $2.5 billion. This news comes as no surprise given the growing demand for flexible and affordable workspace solutions in India.
Cyera Acquires Trail Security
Image Credits: Cyera
Cybersecurity unicorn Cyera has made its first acquisition with Trail Security, a data loss prevention startup, for $162 million in cash and shares. This move is seen as a strategic step towards expanding Cyera’s offerings in the cybersecurity space.
Amplitude Acquires Command AI
Image Credits: Amplitude
Analytics software company Amplitude has acquired Command AI, a San Francisco-based app user engagement startup, for ‘north of $45 million’. This acquisition is expected to strengthen Amplitude’s position in the market.
Most Interesting Fundraises this Week
X-Energy: A Nuclear Tech Startup on the Rise
Image Credits: X-Energy
X-Energy, a nuclear tech startup, has raised a $500 million Series C-1 round led by Amazon’s Climate Pledge Fund. This move is seen as a significant step towards making data centers more efficient and environmentally friendly.
FLYING SPUR: Revolutionizing Transportation
Image Credits: FLYING SPUR
FLYING SPUR, an electric vertical takeoff and landing (eVTOL) aircraft startup, has raised a $200 million Series B round. This funding will be used to accelerate the development of their eVTOL technology.
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Anna Heim, Freelance Reporter at TechCrunch
Anna is a freelance reporter at TechCrunch, exploring SaaS and more. Former LATAM & Media Editor at The Next Web, startup founder and Sciences Po Paris alum.
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