🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Semiconductors a bright spot in Dutch startup landscape: report
Economic Times
·
1y ago
Medial
According to a report by Techleap, venture capital funding for Dutch chip startups reached €216 million ($234 million) in 2023, marking the fifth consecutive year of growth. The funding was bolstered by the increasing recognition of chip equipment maker ASML as Europe's largest tech firm. However, the report highlighted the challenges faced by Dutch startups in scaling up and securing additional funding compared to their counterparts in the United States, Britain, Germany, and France. The report recommended strategies such as attracting more pension fund investments, offering tax breaks to venture capital, and granting stock ownership to employees to enhance startup success in the Netherlands.
View Source
Related News
NXP to double its India workforce to 6,000+ in five years
Economic Times
·
11m ago
Medial
Dutch chip manufacturing company NXP Semiconductors plans to double its workforce in India to over 6,000 employees within the next five years. The company also intends to invest $1 billion in research and development efforts in India, with a focus on hardware and software innovations, including a recent 5-nanometer chip launch for the automotive sector. Additionally, NXP Semiconductors aims to collaborate with Indian colleges to train and hire talent, particularly women, and expand its offerings to include complete system solutions by working directly with original equipment manufacturers.
View Source
e-bike startup VanMoof, unable to pay its bills, files for payment deferment in Holland
TechCrunch
·
2y ago
Medial
E-bike startup VanMoof company has applied to a local court for an official suspension of payment provision after running out of money. Is VanMoof about to go ‘poof’? According to a report in the Dutch publication NRC, VanMoof is not officially bankrupt. Read the article to know more from the source link below-
View Source
Peak XV-backed Bright Money raises $62 Mn
Entrackr
·
1y ago
Medial
Bright Money, a Bengaluru and San Francisco-based consumer fintech startup, has raised $62 million in a Series B funding round. The round consists of $50 million debt from Encina Lender Finance and $12 million equity led by Alpha Wave, Hummingbird, and PeakXV. Bright Money offers debt management solutions and aims to reshape global retail banking using big data and AI. The funding will help the company cater to millennials, particularly in the US, and expand its product offerings. Bright Money previously raised $31 million in a Series A round in September 2021.
View Source
AI-focused manufacturing startup Bright Machines raises $106 million from Nvidia, others
Economic Times
·
1y ago
Medial
San Francisco-based startup Bright Machines has secured $106 million in a Series C funding round that included investors Nvidia and Microsoft. The company develops AI and machine learning software and equipment to automate manufacturing tasks. Bright Machines plans to use the funds to further its engineering efforts in robotics and computer vision, aiming to allow engineers to design products and remotely manufacture them using Bright Machines tools. The company also aims to make the manufacturing of AI server hardware more efficient by replacing manual labor with robots and software.
View Source
Agnit Semiconductors raises $3.5 million in seed round
Economic Times
·
9m ago
Medial
Bengaluru-based semiconductor startup Agnit Semiconductors has raised $3.5 million in a seed round led by 3one4 Capital and Zephyr Peacock, marking their first investment in India's semiconductor sector. The funds will be used to scale production and commercial operations. Agnit aims to expand its offerings into consumer electronics and electric two-wheelers. The company has secured a spot in the Gallium Nitride Ecosystem Enabling Centre and Incubator and earned recognition from the Government of Karnataka for its GaN semiconductor technology. Agnit has also signed an MoU with the Ministry of Defence for developing wireless transmitters.
View Source
30 Startups To Watch: Startups That Caught Our Eyes In October 2024
Inc42
·
9m ago
Medial
In Q3 2024, Indian startups raised a record-breaking $3.4 billion in funding, more than double the amount raised in the same quarter last year. Deeptech and enterprise tech continue to dominate, but this edition of "30 Startups to Watch" also includes emerging sectors like semiconductors and D2C. The report, powered by Google Cloud, highlights the resilience and innovation of Indian startups in shaping the country's startup ecosystem.
View Source
Tata Electronics taps chip giant NXP to bag orders for fab, OSAT
Economic Times
·
3m ago
Medial
Tata Electronics is negotiating with Dutch semiconductor giant NXP Semiconductors to onboard them as customers for its upcoming fab in Gujarat and OSAT facility in Assam. This partnership aims to produce high-performance compute chips and power management chips in India. Tata is also courting potential clients like Tesla and emphasizing supply chain resilience with the integration strategy. This move aligns with Tata’s recent collaborations and industry trends for diversification and strengthening semiconductor production capabilities in India.
View Source
Wipro ER&D division to grow by 30% in FY25
Livemint
·
1y ago
Medial
Wipro's engineering research and development (ER&D) division is expected to grow by up to 30% in the ongoing fiscal year, becoming one of the bright spots for the company. The division, known as Wipro Engineering Edge, is projected to receive about $300 million in incremental business in FY25. It contributed nearly $1 billion, or 10% of Wipro's revenue in FY24. The growth in FY24 was primarily driven by the Americas region, and the upcoming growth is expected to be fueled by areas such as hardware, semiconductors, Industry 4.0, wireless networks, and cabling.
View Source
Indian tech IPO pipeline swells as startups eye 2025 listings | TechCrunch
TechCrunch
·
8m ago
Medial
India has emerged as a bright spot for tech IPOs, with more than 20 startups planning to go public in 2025. Some of the notable startups include Inframarket, Zetwerk, CaptainFresh, UrbanCompany, Bluestone, OneAssist, and Magicpin. This comes as India has shown consistent growth in listings while other major markets like the US and China have experienced a slowdown. The growth in India's capital markets, along with macroeconomic growth and political stability, has contributed to its attractiveness for tech IPOs. Tech companies have significant potential for growth in India, as they account for less than 20% of the Nifty 50 index.
View Source
Chipmaker NXP forecasts quarterly revenue below estimates on macroeconomic concerns
Economic Times
·
9m ago
Medial
NXP Semiconductors NV, a Dutch chipmaker, has forecasted lower fourth-quarter revenue due to uncertain demand and macroeconomic weakness in Europe and the Americas. The company's shares fell by 5% after the announcement. NXP provides chips and technology for high-speed digital processing in various sectors, including automotive, manufacturing, telecommunications, and IoT. CEO Kurt Sievers cited strength in communication infrastructure, mobile, and automotive markets, but highlighted increasing macroeconomic weakness in the industrial and IoT market. NXP expects fourth-quarter revenue of around $3.10 billion, below analysts' estimates of $3.36 billion.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
