Startups

During the COVID-19 pandemic, mortgage interest rates dropped to historic lows — as low as 2.5%.Fast-forward a few years and rates soared — to highs nearing 8% in 2023, with the national average 30-year fixed mortgage APR as of...

CaaStle, a startup that launched in 2011 as a plus-sized clothing subscription service and later became an inventory monetization platform for clothing retailers, is facing financial difficulties, the company confirmed to TechCrunch following a report by Axios.Citing a letter...

While working on their MBAs at Harvard Business School, Colombian immigrants Stephanie Murra and Lorenza Vélez noticed that most of the workers in the cafeteria were Hispanic. In conversations with them, a common theme kept coming up: how difficult...

AI startup Runway on Monday released what it claims is one of the highest-fidelity AI-powered video generators yet.Called Gen-4, the model is rolling out to the company’s individual and enterprise customers. Runway claims that it can generate consistent characters,...

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Last year, funding into African startups edged past $2 billion, returning to pre-pandemic levels and presenting a mixed bag as expected. Signs suggest 2025 will follow the cautious trends of the past two years.A sharp decline in mega-deals, mirroring...

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here.This week reminded us that creative accounting doesn’t only happen in Hollywood....

Certification platform Certiverse raised an $11 million Series A led by Cherryrock Capital, it announced this week.The company was founded by Ruben Garcia, Pablo Meyer, and Federico Lopez in 2023. It lets organizations develop certification exams at, its founders...

Silicon Valley used to take a backseat to Washington, D.C. But now, the people disrupting technology have taken the wheel at the highest echelons of government. And that’s thanks, in large part, to the Department of Government Efficiency, better known...