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CSIT Awards over $2.7M to Support Clean Energy Startups with Demonstration Projects

American Entrepreneurship

January 3, 2025) The New Jersey Commission on Science, Innovation and Technology (CSIT) awarded over $2.7 Somerset County): Demonstrating a 5Ah zinc-ion battery for use in energy storage applications, which are safer, faster charging, and half the cost of incumbent Lithium Iron Phosphate (LFP) batteries. TRENTON, N.J.

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Headwinds, Tailwinds, and Crosswinds Ahead for Rising Startup Ecosystems

Revolution

In 2025, startups beyond the coasts and outside of the traditional tech hubs will face new challenges and, with customary resourcefulness, also seize new opportunities. There are some known unknowns founders and investors will adapt toforemost, a change in administration. Heres where we think a few scales are poised totip.

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The AI-Driven Cloud Market Share Shift

Tomasz Tunguz

in Q2 2025. in Q2 2025—a four-fold increase that reflects AI’s transformative impact on enterprise spending. With Azure and Google Cloud Platform growing faster than AWS, the once-strong incumbent’s market position may lead to three equal players. Azure surged from 35.8% market share in Q1 2022 to 46.5%

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

. “Sima.ai’s platform addresses any computer vision application using any model, any framework, any sensor, any resolution … [We as a company have] seized the opportunity to disrupt the burgeoning edge computing space in pursuit of displacing decades old technology and legacy incumbents.” billion by 2025.

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Akeyless secures a cash infusion to help companies manage their passwords, certificates and keys

TechCrunch

Today, Akeyless is thriving, Angel tells me — despite fierce competition from incumbents like Hashicorp Vault, AWS Secrets Manager and Google Cloud’s Secret Manager. billion by 2025. Akeyless has customers across the retail, fintech, insurance and gaming sectors, among others, including Wix and Outbrain. .”

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India’s central bank cracks down on fintech startups

TechCrunch

Fintech startups are convinced that banks have lobbied the RBI to reach this decision, employing the age-old tactic where incumbents cry foul and rely on the regulator to rescue the day. Some banks have been employing the same strategy for like a decade!” ” the founder added.

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New capital positions luxury goods reseller Rebag for next round of innovation

TechCrunch

We profiled Rebag back in 2015, when its name included two “g’s,” (gotta love URL availability) and had raised $4 million in seed funding to go after incumbents like The RealReal. Gorra sees The RealReal and Poshmark being the closest competitors to Rebag.