Latest Startups Headlines

All the headlines from our Startups Topic Page, ordered by recency.

North Korean Hackers Stalk Crypto Startups Scrimping on Security

Mar 25 2024 // It’s every cryptocurrency project’s nightmare: Well-resourced hackers — perhaps backed by a rogue state like North Korea — strike out of nowhere, dismantling cyber defenses and making off with millions of...

Safepoint’s Florida Startup, Manatee Insurance Exchange, Gets COA, Financial Ratings

Feb 7 2024 // Florida regulators have approved another reciprocal property insurance company and it has received ratings from two financial rating firms. Manatee Insurance Exchange, a spinoff from Tampa-based Safepoint Insurance Co.,...

Startup AiDash Raises $50M for Tech Using AI, Satellites to Spot Wildfire Risk

Jan 26 2024 // A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported it had raised $50 million in new funding, reflecting Silicon Valley efforts to create...

Andreessen Horowitz Backs British Insurance Startup in $73M Funding Round

Jan 11 2024 // U.S. venture capital firm Andreessen Horowitz has backed London-based insurance startup Hyperexponential in a $73 million funding round, the insurance software company said on Thursday. Founded in 2017, Hyperexponential...

Palo Alto Acquires Israeli Cyber Startup Talon in M&A Push

Nov 7 2023 // Palo Alto Networks Inc. agreed to buy Talon Cyber Security Ltd., marking the second acquisition of an Israeli peer within a week. The deal is valued at about $625 million, according to a person familiar with the plans who...

Insurtech Startup QuoteWell Comes Out of Stealth With $15M in Series A Funding

Oct 25 2023 // Tech-enabled commercial insurance wholesale brokerage QuoteWell announced its public launch to serve independent retail agents. Founded in 2021, the insurtech said it “helps agents who are often overlooked and given...

Vesttoo Creditors Say Bankrupt Israeli Insurance Startup Should Liquidate

Oct 24 2023 // Vesttoo Ltd. creditors are seeking to take control of the bankrupt Israeli startup’s court proceedings, arguing the company should liquidate following revelations that its former executives helped create fraudulent...

Startup Climeworks Battles Big Oil for the $1 Trillion Future of Carbon Capture

Oct 19 2023 // Most everyone who’s committed their career to solving the climate crisis comes to the field because they have something they want to save. It’s the mountains for Christoph Gebald, whose startup, Climeworks AG,...

Artificial Intelligence Startup Helps Insurers Spot Cognitive Decline in Older Drivers

Oct 17 2023 // Mind Foundry Ltd., an artificial intelligence startup vying to help insurers decide which drivers should be covered, has raised $22 million in funding, the latest sign of growing demand to deploy AI in critical sectors...

India Insurance Startup Raises Funds at $650 Million Valuation

Oct 11 2023 // Indian startup InsuranceDekho has raised $60 million in Series B funding, driving the online insurance seller’s valuation to more than $650 million. Investors including Japanese giant Mitsubishi UFJ Financial Group...

Bill Gates-Backed Florida Startup Aims to Turn Oil-Drilling Gas into Useful Methanol

Oct 3 2023 // (Bloomberg) — Semi trailer-sized machines could provide a unique solution to a major source of the fossil fuel industry’s methane problem. Rather than flaring or venting the planet-warming gas into the...

Tech Startups in US, France, Germany Help in Fight Against Wildfires

Sep 25 2023 // This year has been a challenging one for Phil Schneider, who hasn’t seen wildfire behavior like this in his 47-year firefighting career. Blazes raged through more than 2,000 acres of wildland in recent months in his...

Assumable Mortgages Could Save Buyers Thousands in Interest, Startup Says

Sep 20 2023 // A New York startup company said it is now offering a platform that will make it easier for homebuyers to assume a mortgage from the seller, potentially saving buyers significantly over current interest rates. Roam, as...

Cyber Startup Wiz Is Weighing Potential Bid for SentinelOne

Aug 28 2023 // Closely held cloud cybersecurity company Wiz Inc. is considering a potential bid for SentinelOne Inc. in what would represent a rare move by a startup to buy a large listed company. Wiz spokesperson Tamar Harel said on...

AXA Venture Partners to Raise €1.5 Billion Fund for Investments in Tech Startups

May 24 2023 // AXA Venture Partners announced a new €1.5 billion ($1.6 billion) late-stage fund to invest in European and North American tech startups, targeting companies that expect to go public within three to four years. French...

Washington Startup’s Ex-CFO Accused of Diverting $35M, Losing It in Crypto

May 24 2023 // The former chief financial officer of a Seattle, Washington-based startup took $35 million of his employer’s money without permission and lost it by investing in cryptocurrency before the crypto market crashed last...

Embroker: Business Insurance Shoppers Concerned With Startup Leadership Post-SVB

Apr 25 2023 // Following the closure of Silicon Valley Bank (SVB), VC-backed startups were increasingly looking for stronger protection in case their assets were compromised — specifically liability policies covering company...

People Moves: Startup Intangic MGA Names Marsh’s Durkan as Commercial Dir.; Helvetia Taps Rupprecht From NN Group as CEO; BMS Hires Ardonagh’s Leather as UK, Int’l CFO

Apr 24 2023 // This edition of International People Moves details appointments at Intangic MGA, Helvetia Group and BMS. A summary of these new hires follows here. Startup Intangic MGA Names Marsh’s Durkan as Commercial...

Insurer Startup Trium Cyber Finds Path to Profits, With Large Business Focus

Apr 3 2023 // Trium Cyber is the industry’s first Lloyd’s-approved company to provide mono-line cyber coverage for U.S. risks. Launched in January 2023, the full stack surplus lines insurer has joined the ranks of new...

Insurer Startup Trium Cyber Finds Path to Profits, With Large Business Focus

Feb 28 2023 // This profile of Trium Cyber is the inaugural article in a regular series of Company Spotlights, published by Insurance Journal, which cover the insurance industry’s startups and innovators. Trium Cyber is the...