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India’s Yulu raises $93M as quick-commerce boom fuels e-bike demand
NewsAugust 13, 20263 min read

India’s Yulu raises $93M as quick-commerce boom fuels e-bike demand

As India’s quick-commerce platforms race to deliver everything from groceries to smartphones in minutes, electric mobility startup Yulu has seized the boom, raising $93 million in fresh funding. The Bengaluru‑based…

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Accel closes oversubscribed $550M India fund within weeks, 19 months after its last
NewsAugust 13, 20264 min read

Accel closes oversubscribed $550M India fund within weeks, 19 months after its last

Accel has closed a new $550 million India fund, less than two years after raising its previous India-focused vehicle, as part of a coordinated $3.5 billion global fundraising effort. The…

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Phoebe Gates and Sophia Kianni reportedly knew Phia was ‘cookie stuffing’ for months
NewsAugust 13, 20263 min read

Phoebe Gates and Sophia Kianni reportedly knew Phia was ‘cookie stuffing’ for months

Phia, the shopping startup co-founded by Phoebe Gates and Sophia Kianni, is once again under fire for its alleged business practices. The latest issue stems from earlier this year when…

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Uber surprised robotics company Serve by selling its entire stake
NewsAugust 13, 20263 min read

Uber surprised robotics company Serve by selling its entire stake

Uber has sold off its entire stake in Serve Robotics, the autonomous delivery robot company that spun out of the ride-hailing company more than five years ago. Uber made the…

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OpenAI launches ChatGPT desktop app for Linux
NewsAugust 13, 20262 min read

OpenAI launches ChatGPT desktop app for Linux

ChatGPT is on desktops across the world, but there’s one place where it’s been notably absent: the Linux community. Indeed, certain sectors of the open source developer community have been…

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FBI says cybercriminals are hacking into victims’ online accounts to steal their intimate pictures
NewsAugust 13, 20262 min read

FBI says cybercriminals are hacking into victims’ online accounts to steal their intimate pictures

The FBI is warning that cybercriminals are hacking into the social media accounts of adults and children to steal their intimate explicit images and videos. The perpetrators rely largely on…

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Google’s Gemini app surges to 1 billion users
NewsAugust 13, 20262 min read

Google’s Gemini app surges to 1 billion users

In a significant milestone for Google, CEO Sundar Pichai announced via X that the Gemini app has become one of the company’s fastest-growing products, recently surpassing 1 billion monthly active…

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General Catalyst leads $1.1B round into 2-month-old River AI
NewsAugust 13, 20263 min read

General Catalyst leads $1.1B round into 2-month-old River AI

River AI, an AI startup founded by xAI co-founder Igor Babuschkin, has secured $1.1 billion in funding in a seed/Series A round led by General Catalyst and AMP PBC, with participation…

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Brad Lightcap, OpenAI’s longtime COO, is leaving to ‘start something new’
NewsAugust 13, 20262 min read

Brad Lightcap, OpenAI’s longtime COO, is leaving to ‘start something new’

Brad Lightcap, one of the longest-serving executives at OpenAI, is leaving the powerful AI lab to “start something new.” In an internal message that Lightcap shared online Tuesday, the outgoing…

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What’s Scaleup Europe, the $5.7B fund that just backed satellite company ICEYE?
NewsAugust 13, 20264 min read

What’s Scaleup Europe, the $5.7B fund that just backed satellite company ICEYE?

Forget the European summer lull: Startups can’t afford to stay still, and Brussels is following suit. In the middle of peak vacation time, the European Commission announced that the Scaleup…

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