STARTUPS

STARTUPS

Press Release / BIDA launches redesigned investor-centric website

The Bangladesh Investment Development Authority (BIDA) launched a redesigned version of its official website on June 28, aiming to enhance investor experience and strengthen the country’s investment narrative. 

1w ago

Shikho partners with Meta to launch AI literacy course in Bangladesh

Shikho, the edtech platform, has recently announced a partnership with Meta to develop and deliver a new AI literacy course aimed at broadening public understanding of artificial intelligence (AI). 

1w ago

Former OpenAI CTO's new startup now valued at $10 billion: report

OpenAI's former chief technology officer Mira Murati has secured $2 billion in seed funding for her new AI startup, Thinking Machines Lab, valuing the six-month-old company at $10 billion, according to a recent report by Financial Times.

1w ago

AI cheating tool startup raises $15 million in funding

AI startup Cluely has secured $15 million in seed funding led by Andreessen Horowitz (a16z), about two months after closing a $5.3 million seed round. Founded by suspended Columbia University students Chungin "Roy" Lee and Neel Shanmugam, the startup has drawn attention for its AI cheating tools and unconventional marketing campaigns.

1w ago

This company introduced a hotline for calling its CEO’s AI clone

Klarna, a Swedish fintech company, has recently launched an artificial intelligence-powered hotline allowing users to provide feedback directly to a virtual version of its CEO and co-founder, Sebastian Siemiatkowski.

3w ago

Meta invests $14.8 bln in Scale AI, hires its 28-year-old CEO

Meta, the parent company of Facebook, has invested $14.8 billion in Scale AI, a data-labeling startup, in a deal that values the company at $29 billion. As part of the agreement, Scale AI’s 28-year-old CEO, Alexandr Wang, will step down to join Meta’s artificial intelligence (AI) initiatives.

3w ago

Self-driving delivery vehicles company backed by OpenAI CEO raises $80 mln

Coco Robotics, a Los Angeles-based startup developing self-driving delivery vehicles, has raised $80 million in new funding, the company announced on June 11.

3w ago

Student-led edtech joins four global startup hubs

Rectify Learn, an edtech startup founded by three students from Bangladesh University of Professionals (BUP), has been accepted into four global entrepreneurship support programs: Microsoft for Startups, GitHub for Startups, Notion for Startups, and Miro for Startups, while still in its early development phase.

1m ago

BIDA launches redesigned investor-centric website

The Bangladesh Investment Development Authority (BIDA) launched a redesigned version of its official website on June 28, aiming to enhance investor experience and strengthen the country’s investment narrative. 

1w ago

Shikho partners with Meta to launch AI literacy course in Bangladesh

Shikho, the edtech platform, has recently announced a partnership with Meta to develop and deliver a new AI literacy course aimed at broadening public understanding of artificial intelligence (AI). 

1w ago

Former OpenAI CTO's new startup now valued at $10 billion: report

OpenAI's former chief technology officer Mira Murati has secured $2 billion in seed funding for her new AI startup, Thinking Machines Lab, valuing the six-month-old company at $10 billion, according to a recent report by Financial Times.

1w ago

AI cheating tool startup raises $15 million in funding

AI startup Cluely has secured $15 million in seed funding led by Andreessen Horowitz (a16z), about two months after closing a $5.3 million seed round. Founded by suspended Columbia University students Chungin "Roy" Lee and Neel Shanmugam, the startup has drawn attention for its AI cheating tools and unconventional marketing campaigns.

1w ago

This company introduced a hotline for calling its CEO’s AI clone

Klarna, a Swedish fintech company, has recently launched an artificial intelligence-powered hotline allowing users to provide feedback directly to a virtual version of its CEO and co-founder, Sebastian Siemiatkowski.

3w ago

Meta invests $14.8 bln in Scale AI, hires its 28-year-old CEO

Meta, the parent company of Facebook, has invested $14.8 billion in Scale AI, a data-labeling startup, in a deal that values the company at $29 billion. As part of the agreement, Scale AI’s 28-year-old CEO, Alexandr Wang, will step down to join Meta’s artificial intelligence (AI) initiatives.

3w ago

Self-driving delivery vehicles company backed by OpenAI CEO raises $80 mln

Coco Robotics, a Los Angeles-based startup developing self-driving delivery vehicles, has raised $80 million in new funding, the company announced on June 11.

3w ago

Student-led edtech joins four global startup hubs

Rectify Learn, an edtech startup founded by three students from Bangladesh University of Professionals (BUP), has been accepted into four global entrepreneurship support programs: Microsoft for Startups, GitHub for Startups, Notion for Startups, and Miro for Startups, while still in its early development phase.

1m ago

Salesforce to acquire data management firm Informatica for $8 billion

Salesforce has announced plans to acquire data management firm Informatica for about $8 billion, marking its largest deal since purchasing Slack for $27.7 billion in 2021. According to a recent Reuters report on the matter, this all-cash offer of $25 per share represents a 30% premium over Informatica's recent stock price.  

1m ago

Startup Bangladesh pushes 7-pillar strategy to fix ecosystem gaps

Startup Bangladesh Limited (SBL) has unveiled a strategic roadmap focused on strengthening the country’s innovation ecosystem on May 24.

1m ago