STARTUPS

STARTUPS

Pathao and Shomvob / Bangladeshi startups earn spot on Forbes Asia list

Bangladeshi startups Pathao and Shomvob have been named in the prestigious Forbes Asia “100 to Watch” list for 2025, marking a significant recognition for the country’s burgeoning technology ecosystem on the regional stage.

1w ago

Musk launches new company called ‘Macrohard’

Elon Musk has announced plans for a new AI software company called Macrohard, describing it as a “purely AI software company” in a post on X dated August 22. He stated that while the name was “tongue-in-cheek,” the project is “very real.”

1w ago

Robo Life becomes champion at Startup World Cup Bangladesh 2025

Robo Life Technology has won the Bangladesh regional final of the Startup World Cup 2025, receiving a BDT 50,000 in investment funding and securing a place to represent Bangladesh at the Global Startup World Cup competition to be held in San Francisco, USA to compete for a USD 1 million investment prize.

2w ago

Perplexity wants to buy Google Chrome for $34.5 billion

AI search startup Perplexity has made an unexpected $34.5 billion all-cash bid to buy Google’s Chrome browser - a price much higher than its own estimated valuation of $18 billion.

3w ago

GitHub CEO announces departure

GitHub CEO Thomas Dohmke has announced that he will leave the company at the end of 2025 to launch a new venture.

3w ago

Inside the making of a local cat food brand

Bangladesh's pet food market is largely reliant on imported products, with limited domestic manufacturing and few established local brands. The industry faces several challenges, including supply chain disruptions, high retail prices, and concerns regarding product authenticity. Although demand for packaged pet food is gradually increasing, particularly in urban areas, the market remains in the early stages of development.

3w ago

Google snatches AI coders after OpenAI tried to buy their startup

Google has pulled off a strategic talent acquisition by hiring key executives and engineers from AI coding startup Windsurf, following failed acquisition talks between Windsurf and Google rival OpenAI. Google will pay $2.4 billion in licensing fees to access some of Windsurf's technology while allowing the startup to remain independent, according to a report by Reuters. 

1m ago

RU student-led startup secures government funding

Biko All In One, a student-led startup from Rajshahi University, has secured BDT 10 lakh pre-seed funding from the iDEA Project under the ICT Division of Bangladesh. The funding was handed over at the ICT Tower in Dhaka on June 29.

1m ago

Former OpenAI CTO's new startup now valued at $10 billion: report

OpenAI's former chief technology officer Mira Murati has secured $2 billion in seed funding for her new AI startup, Thinking Machines Lab, valuing the six-month-old company at $10 billion, according to a recent report by Financial Times.

2m ago

AI cheating tool startup raises $15 million in funding

AI startup Cluely has secured $15 million in seed funding led by Andreessen Horowitz (a16z), about two months after closing a $5.3 million seed round. Founded by suspended Columbia University students Chungin "Roy" Lee and Neel Shanmugam, the startup has drawn attention for its AI cheating tools and unconventional marketing campaigns.

2m ago

This company introduced a hotline for calling its CEO’s AI clone

Klarna, a Swedish fintech company, has recently launched an artificial intelligence-powered hotline allowing users to provide feedback directly to a virtual version of its CEO and co-founder, Sebastian Siemiatkowski.

2m ago

Meta invests $14.8 bln in Scale AI, hires its 28-year-old CEO

Meta, the parent company of Facebook, has invested $14.8 billion in Scale AI, a data-labeling startup, in a deal that values the company at $29 billion. As part of the agreement, Scale AI’s 28-year-old CEO, Alexandr Wang, will step down to join Meta’s artificial intelligence (AI) initiatives.

2m ago

Self-driving delivery vehicles company backed by OpenAI CEO raises $80 mln

Coco Robotics, a Los Angeles-based startup developing self-driving delivery vehicles, has raised $80 million in new funding, the company announced on June 11.

2m ago

Student-led edtech joins four global startup hubs

Rectify Learn, an edtech startup founded by three students from Bangladesh University of Professionals (BUP), has been accepted into four global entrepreneurship support programs: Microsoft for Startups, GitHub for Startups, Notion for Startups, and Miro for Startups, while still in its early development phase.

3m ago

Salesforce to acquire data management firm Informatica for $8 billion

Salesforce has announced plans to acquire data management firm Informatica for about $8 billion, marking its largest deal since purchasing Slack for $27.7 billion in 2021. According to a recent Reuters report on the matter, this all-cash offer of $25 per share represents a 30% premium over Informatica's recent stock price.  

3m ago

Startup Bangladesh pushes 7-pillar strategy to fix ecosystem gaps

Startup Bangladesh Limited (SBL) has unveiled a strategic roadmap focused on strengthening the country’s innovation ecosystem on May 24.

3m ago

OpenAI acquires iPhone designer Jony Ive's startup for $6.5 bln

OpenAI has struck a deal to acquire io Products, the hardware startup founded by former Apple design chief Jony Ive, in a transaction valued at $6.5 billion, as per a recent report by Reuters. Additionally, OpenAI will bring Ive on board to lead design and creative development of new devices tailored for the AI era, according to OpenAI's official website.

3m ago

Three Bangladeshis featured in Forbes 30 Under 30 Asia 2025

Three entrepreneurs from Bangladesh have been named in the latest Forbes 30 Under 30 Asia list for 2025: Arefin Zaman in the 'Healthcare & Science' category, Sakib Hossain in the 'Industry, Manufacturing & Energy' category, and Sayed Zubaer Hasan in the 'Social Impact' category. 

3m ago