Global News Feb 3
The top 10 influential global news items in the areas of business, finance, startups, and entrepreneurship as of February 3,2025:
A prominent Banker from OpenAI has joined AM erchant Bank to attract technology founders and startups
Castelion, a defense technology startup, has secured $100 Million in funding to develop Hypersonic Strike weapons
Former TV host, Carlos Watson, has been Sentenced to almost a decade in prison for his role in highlighting the legal challenges faced by media entrepreneurs
EdTech vs. Since The COVID-19 outbreak, The education industry has undergone a significant transformation, shifting from traditional coaching to EdTech platforms
With the support of the $2 billion investment, India’s startup ecosystem has grown at a sustainable rate since 2024 and is projected to continue growing in 2025. New and existing venture capital funds will raise 5 billion in 2024.
A’ Fund of Funds ‘has been Announced by India’s Union Finance Minister, Nirmala Sitharaman, for startups in Budget 2025, with a new 10,000 Crore contribution
Fintech company Brex Announces layoffs and Abandons co-CEO model, indicating a strategic shift and cost-cutting measures
Sequoia Capital has reduced its Crypto Fund in light of a tightening Startup environment, as part of their strategic investment strategy
The Madrid region’s Startup Ecosystem Booms have resulted in a rise in investment by Madrid, surpassing Barcelona in 2023, with €605 million worth of investments. This growth is driven by the transportation, mobility, and fintech sectors that are rapidly expanding
Australia’s Top 100 Innovators of 2024: A compilation of innovative entrepreneurs and companies from all sectors