STARTUPS

STARTUPS

SBL announces new investment in Shikho

Startup Bangladesh Limited (SBL), the government-backed venture capital arm of the ICT Division, has announced a strategic investment in Shikho, an EdTech startup, in a move aimed at accelerating the adoption of AI-driven learning tools across Bangladesh on May 7.

19m ago

Move over SpaceX. Bangladesh has its own rockets now

Bangladeshi aerospace company DhumketuX has officially unveiled Bidrohi, a domestically built commercial sub-orbital space rocket made in Bangladesh, on 29 April.

1w ago

River acquires Pathao co-founder Elius’ Wind app

River, a US-based technology company founded by Bangladeshi-American entrepreneurs, has acquired Wind, a blockchain-based payments application created by Hussain M Elius, the former CEO of Pathao. 

1w ago

Kicked from Columbia, backed by VCs: AI cheating tool raises $5.3 mln

A controversial artificial intelligence (AI) startup that began as a tool for cheating in job interviews has secured $5.3 million in seed funding, despite its founders being suspended from Columbia University over its creation.

2w ago

Bangladeshi founders raise $2.6M to launch world’s first self-driving AI CRM

Bangladeshi-led startup Octolane secures $2.6M to launch the world’s first self-driving AI CRM, transforming how sales teams engage with customers.

3w ago

Former OpenAI leaders join ex-CTO Mira Murati's AI startup

Two former OpenAI researchers have joined Thinking Machines Lab, the new artificial intelligence venture launched by ex-OpenAI CTO Mira Murati. Bob McGrew, OpenAI's former chief research officer, and Alec Radford, a key researcher behind the GPT technology, are now advising the startup, as per the company's official website.

3w ago

Bangladesh Investment Summit 2025 / Bangladesh Bank announces Tk 800 crore equity fund for startups

Bangladesh Bank Governor Dr Ahsan H. Mansur today announced two major funds to support the country’s startup ecosystem during the ongoing Bangladesh Investment Summit 2025.

1m ago

10 biggest tech acquisitions of the decade

The tech world has seen some jaw-dropping deals over the past decade, with companies shelling out billions to dominate markets, expand their ecosystems, and stay ahead of the competition. Here’s a look at the largest tech deals that have reshaped the industry in the last decade.

1m ago

GP accelerator gala celebrates 20 startups

Grameenphone (GP) hosted the gala event for its GP Accelerator initiative, ‘Jelay Jelay Smart Uddyokta’, in Dhaka, celebrating the achievements of 20 startups. 

2m ago

Former OpenAI CTO launches new startup; hires several OpenAI employees

Mira Murati, the former OpenAI Chief Technology Officer, has recently launched her new AI startup, Thinking Machines Lab, assembling a team of 30 top researchers and engineers. About 20 of these hires are former OpenAI employees, with additional experts coming from companies such as Meta and Mistral.

2m ago

Startup Bangladesh invests BDT 11.10 cr in local startups

Startup Bangladesh Limited, the government-backed venture capital firm, has invested BDT 11.10 crore over the past six months, according to a recent press release. From September 2024 to January 2025, the organisation disbursed BDT 9.025 crore across nine startups.

3m ago

OpenAI to turn for-profit: Here’s what’s happening

OpenAI, the company behind the popular AI chatbot ChatGPT, announced on Friday that it plans to restructure as a public benefit corporation (PBC) - shifting to a for-profit company from its previous non-profit structure. Here's what they have planned.

4m ago

Databricks reaches $62 bln valuation following $10 bln funding round

Databricks, an artificial intelligence (AI) and data analytics firm, has reached a $62 billion valuation after completing a $10 billion funding round, one of the largest in venture capital history, according to a recent report by Reuters.

4m ago

Bangladeshi-Australian CEO gives $65K to employees as year-end bonus

AirTrunk, the data centre company founded by Bangladeshi-Australian entrepreneur Robin Khuda, is distributing $22 million in bonuses to over 300 employees, with each receiving up to $65,000.

4m ago

Bangladeshi-born Australian named 'Business Person of the Year' by Australian Financial Review

Robin Khuda, a Bangladeshi-born entrepreneur and founder of the data centre company AirTrunk, has been named The Australian Financial Review’s (AFR) Business Person of the Year for 2024.

4m ago

Elon Musk’s xAI secures $6 bln in equity financing: Report

Elon Musk’s artificial intelligence venture, xAI, has raised $6 billion in equity financing as it intensifies efforts to compete with industry leaders in the AI sector, according to a recent report by Reuters.

5m ago

Straight out of Shark Tank: Vibe Gaming secures investment from Adcomm

Vibe Gaming, a Bangladesh-based video gaming and electronics retailer, has secured strategic investment from Adcomm Holdings on November 28 following their pitch on Shark Tank Bangladesh.

5m ago

India’s Zomato raises $1 billion to strengthen quick-commerce leadership

Zomato, one of India's leading food delivery and quick-commerce companies, has raised $1 billion through institutional investors in its first major funding round since its 2021 IPO.

5m ago