Startup Archive

Quantum computing software startup Entropica raises S$2.6m

ENTROPICA Labs, a Singapore-based startup that builds quantum computing software solutions, has raised S$2.6 million in seed funding led by deep tech investor Elev8. Other investors in the round included government-owned deep tech investor SGInnovate, early-stage enterprise and deep tech venture capital (VC) firm Wavemaker Partners, Japanese

Germany’s SAP invests in authorization software startup PlainID

The SAP R&D center in Raanana, Israel (Courtesy) German multinational software firm SAP said Tuesday it has invested an undisclosed amount of money in Israeli startup PlainID, a maker of software that enables authorizations. Founded in 2014 by Gal Helemski, Oren Ohayon Harel, and Dmitry Tuchinsky, the

This Delhi social media startup is changing the business of emotions

In a world ruled by social media, posting a wrong status update has sometimes even turned out to be fatal. There have been reports where a post on something as simple as a relationship status change has resulted in suicide, especially among teenagers. People have also faced arrest for

Apple sues startup for creating a software copy of the iPhone

For more than a year, a company called Corellium has been offering hackers a virtual iPhone. For a price, you could summon up a virtual iPhone on your computer, changing the model or iOS version through a simple menu tab. Now, Apple is suing to shut that

Focusing on data science and web development, edtech startup edWisor looks to bridge the skill gap

Bootstrapped edWisor looks to address skill shortage in the areas of data science and web development, and uses gamification to align freshers with industry requirements. Startup: edWisor Founder: Ramandeep Singh Arora Year it was founded: July 2015 Where it is based: Gurugram Problem it solves: Addresses IT skills

Apple Acquires Canadian Software Startup

Apple Inc. will acquire a Canadian startup that specializes in creating software development tools for coders.  Buddybuild disclosed the deal in a blog post on Tuesday in which it indicated that its staff will join Apple’s Xcode engineering group. (See also: Apple Needs Its Own Streaming Service: Bernstein.) The acquisition is in

Amazon India Unveils Startup Challenge on Launchpad Anniversary

Amazon India on Monday collaborated with hardware accelerator HAX and crowd-funding community Kickstarter to announce Startup C-Cube – a multi-level challenge for the startups that will commence in Bengaluru on December 5. “We are happy to bring Kickstarter and HAX to give Indian startups an opportunity to get

This Startup Netted $75 Million to Wring The Most Out of Your Software

WalkMe, a company that helps businesses make the best use of the software they already have, now has $75 million in fresh funding to do that. This Series E round, led by Insight Venture Partners, brings total funding to $167.5 million. WalkMe’s software tracks what users do

Samsung Acquires Innoetics, a Text-to-Speech Tech Startup

HIGHLIGHTS Samsung reportedly acquired Innoetics for less than $43 million Innoetics specialises in advanced synthetic speech tech Samsung may use this tech to leverage Bixby Samsung has acquired a Greek tech startup called Innoetics. The financial details of the buyout deal were not disclosed, but Samsung reportedly

This Startup is Breathing Life into Storytelling of Brands

The startup boom is evident not just globally but in the Indian digital landscape as well. Given the sheer number of new startups and entrepreneurs attempting to enter the industry every day, it’s natural that not everyone can start with a silver spoon. A lot of startups