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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 million in grant funding to 11 New Jersey startups under Round Two of the Pilot Clean Tech Demonstration Grant Program. Round Two of the Pilot Clean Tech Demonstration Program awarded 11 early-stage startups with more than $2.7

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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. startups in Q1-Q2 of 2024. Exit optionality is indeed essential to the startup and venture capital lifecycle, as acquisitions make up 90% ofexits.

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

TechCrunch

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. He has a deep history of investing in deep tech startups that have gone on to disrupt industries across AI, data, semiconductors, among others.” billion by 2025. “Sima.ai

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India’s central bank cracks down on fintech startups

TechCrunch

For nearly all fintech startups, lending has long been the end game. Several startups including Slice, Jupiter, Uni and KreditBee have long used the PPI licenses to issue cards and then equip them with credit lines. A notice from India’s central bank this week has thrown a wrench into the ecosystem, scrutinizing just who all can lend.

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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. Akeyless’s co-founders attribute the startup’s success in part to the comprehensiveness of its product offerings. billion by 2025.

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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

Melonn , a Colombian startup that provides fulfillment and software services to small and medium-sized e-commerce companies in Latin America, has raised $20 million in a Series A round led by QED Investors. Why global investors are flocking to back Latin American startups. It also plans to soon offer embedded finance products.

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Galileo emerges from stealth to streamline AI model development

TechCrunch

The market for MLOps services could reach $4 billion by 2025, by one estimation , and includes startups like Databricks, DataRobot, Algorithmia and incumbents like Google Cloud and Amazon Web Services. While investor interest in MLOps is on the rise, cash doesn’t necessarily translate to success.