STARTUPS
“Godmother of AI” raises USD 230 mln for AI startup
An artificial intelligence researcher, Fei-Fei Li also nicknamed as the “Godmother of AI” has raised USD 230 million for AI startup “World Labs” along with her three colleagues to develop AI technology that can comprehend how the three-dimensional physical world works, the company announced on Friday.
Bangladeshi Stanford graduate’s AI startup receives $750K funding
Story Engine Inc., an AI startup co-founded by Bangladeshi Stanford graduate Sheikh Srijon, has received $750,000 in pre-seed funding from the reputed venture capital firm Andreessen Horowitz (A16Z). The startup, founded by Sheikh Srijon, Zhizhuo Zhou, and Wanrong He, aims to revolutionise the realm of webtoon and anime creation through generative AI technology.
Press Release / Optimizely earns 'Great Place To Work' certification
Optimizely earns 'Great Place To Work' certification, celebrates culture of innovation and employee well-being
AI startup by OpenAI co-founder raises $1 bln
Safe Superintelligence (SSI), a new AI startup co-founded by Ilya Sutskever, former chief scientist and co-founder at OpenAI, has raised $1 billion in cash. In an interview with Reuters, SSI announced its goal to build "safe AI systems that far surpass human capabilities".
Bangladeshi-born founder’s Australian startup acquired for $16 bln
AirTrunk, a data centre group founded by Bangladeshi-Australian entrepreneur Robin Khuda, is set to change hands in a USD 16.1 billion (AUD 23 billion) deal.
Footsteps co-founder Shah Rafayat named Asia 21 Next Generation Fellow
Shah Rafayat Chowdhury, co-founder of the social venture organisation Footsteps, has been selected as one of the 38 young leaders to join the Asia 21 Next Generation Fellows for 2024.
2 Bangladeshi startups in Forbes Asia 100 To Watch list
Two Bangladeshi startups - Tiger New Energy, a company offering battery-swapping technology for electric vehicles (EV), and iFarmer, an agritech platform - has recently made it to the Forbes Asia's 100 to Watch list for 2024.
Shikho was blacklisted from government funding, says CEO
Shahir Chowdhury, the founder and CEO of the Bangladeshi edtech startup Shikho, recently stated in a Facebook post that his company had been blacklisted from receiving government funding. According to Chowdhury, Shikho was close to securing an investment, which included BDT 5 crore from Startup Bangladesh Limited (SBL) as part of a larger USD 1.5 million funding round. However, SBL abruptly withdrew its support just before the agreement was to be signed, citing political reasons.
Local startup Zatiq receives $1.6 mil in pre-seed round
Zatiq, a local startup, has recently raised $1.6 mil in a pre-seed funding round led by Dekko ISHO Venture Capital (DIVC), as per a press release. The round was also participated by local and foreign angel investors.
Bangladesh Startup Summit Day 2: Jaan Tallinn, Skype Co-Founder, on Artificial Intelligence
In a riveting fireside chat during the second day of the Bangladesh Startup Summit, attendees were treated to an exclusive virtual conversation with Jaan Tallinn, the co-founder of Skype and a thought leader in the field of artificial intelligence (AI).
Bangladesh ripe ground for startup investments, discuss panellists
On the second day of the Bangladesh Startup Summit, a panel of distinguished experts convened to discuss the question, "Why Invest in Bangladesh?" The session aimed to highlight the country's appeal as an investment destination and explore the various opportunities it offers.
First Bangladesh Startup Summit begins today
The first-ever two-day Bangladesh Startup Summit 2023 began today, under the theme 'Smart Bangladesh, Endless Possibilities'. Over 100 global venture capital investors, 100 international-level speakers, and 600 startups are attending the Bangladesh Startup Summit 2023, with sessions covering topics such as edutech, healthtech, fintech, software services, and startup investment.
JoBike, Bangladesh’s first bicycle rental service, set to return
The popularity of bicycles has grown manifold in the last decade among Bangladeshi youth, and so has the need for a bike-rental service, such as JoBike - which is set to return soon. Let's take a look at Bangladesh's first bicycle rental service, why they closed down, and how they plan to relaunch.
Shark Tank India investors funded only 27 startups; they promised 65
In a recent analysis by market intelligence firm PrivateCircle, it has been revealed that the investors on "Shark Tank India" failed to fulfill a significant portion of their investment promises made during the show's inaugural season. The report highlights concerns over the show's credibility and raises questions about the efficacy of the investors' commitments.
5 books every startup founder should read
We present five indispensable books that every startup founder should read. These literary gems offer profound wisdom, practical advice, and valuable perspectives from seasoned entrepreneurs, business leaders, and thought-provoking thinkers.
How to raise funds for your startup: A guide
From crafting a compelling business plan to attracting investors, this article serves as your roadmap to financial success.
Skoot and Walton to jointly produce Made-in Bangladesh e-bikes
As per the MoU, the two companies will jointly manufacture environment-friendly electric bikes in the country to improve the riding experience for local customers. The partnership also plans to improve the e-bike industry in Bangladesh through the introduction of technologically advanced products.
Unravelling the challenges behind bridging the digital healthcare gap
Despite being a relatively nascent concept in the country, digital health bears the potential to fundamentally redefine healthcare access for Bangladesh's 160 million residents, making healthcare available within the palm of their hands.