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Hedosophia Leads $7M Seed Round for Retail Supply Chain AI Startup Ameba– Brit Commerce

Leave a Comment / ameba, Commerce, Enterprise, Fundraising, Hedosophia, Retail & eCommerce, Startups, supply chain management / By Salsa Noreen

Traditional retailers have a pressing problem. Fast-moving companies like Shein and Temu are taking advantage of purpose-built end-to-end supply chains. Meanwhile, traditional retailers are still stuck on legacy platforms, juggling large amounts of data sets and struggling to respond to an extremely fast-paced market. A London-based startup believes it has the solution to this problem. […]

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India’s Physics Wallah raises $210M at $2.8B valuation, though edtech funding remains scarce– Brit Commerce

Leave a Comment / Alakh Pandey, Byju's, EdTech, Fundraising, India, Physics Wallah, PhysicsWallah, Startups, Unacademy / By Salsa Noreen

Physics Wallahan Indian edtech startup, has raised $210 million in fresh funding amid a tough funding environment for edtech companies in the country following the collapse of Byju’s, once the largest player in the sector. Physics Wallah said on Friday that the Series B round was led by hedge fund Hornbill Capital, a joint venture

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Cohere co-founder Nick Frosst’s indie band, Good Kid, is almost as successful as his AI company– Brit Commerce

Leave a Comment / Ai, Cohere, Media & Entertainment, Nick Frosst, Startups, Venture / By Salsa Noreen

Nick Frosst, co-founder of Canadian AI startup Cohere, valued at $5.5 billion, has been a musician his entire life. He told britcommerce that once he started singing, he never shut up. That remains true today. In addition to his full-time job at Cohere, Frosst is also the frontman of Good Kid, an indie rock band

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Drama at OpenWeb: New CEO announced, founding CEO says he’s staying– Brit Commerce

Leave a Comment / Enterprise, Startups / By Salsa Noreen

Open Weba New York startup whose tools help publishers engage with users, has a particular problem. Its co-founder CEO won’t be leaving, even though it announced a new CEO. According to CTechOn Tuesday, OpenWeb President Tim Harvey sent an email to employees, saying he would become CEO and thanking longtime CEO Nadav Shoval for his

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Nuro plans to license self-driving technology to automakers and mobility companies– Brit Commerce

Leave a Comment / autonomous vehicles, nuro, self-driving technology, Startups, Transportation / By Salsa Noreen

Following several rounds of layoffs in 2022 and 2023, Nuro is shifting its business strategy to focus more on the startup’s core self-driving technology rather than owning and operating a fleet of low-speed roadside delivery robots. The company said Wednesday it would begin licensing its autonomous vehicle technology to automakers and mobility providers such as

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