ylliX - Online Advertising Network

Xinhua Headlines: Chinese startups embrace new opportunities for high-quality development

BEIJING, Oct. 12 (Xinhua) — Founded here in May 2023, Galbot is a cutting-edge startup building robot with embodied artificial general intelligence. In just over a year, it has developed a globally leading grasping technology with a 95-percent success rate for objects of any material and stacking configuration. Venture capital (VC) has significantly supported Galbot’s […]

Tesla’s Robotaxi Reveal Disappoints Investors, Boosts Uber and Lyft

Elon Musk’s long-awaited robotaxi unveiling failed to impress investors, causing Tesla’s stock to plummet. The event, held on October 10, 2024, at Warner Bros. Discovery studio in California, showcased two prototypes: the Cybercab and Robovan. Musk presented the Cybercab, a sedan-like vehicle without steering wheels or pedals, expected to cost under $30,000. The Tesla CEO […]

Y Combinator software startup raises $4M seed round

After growing from five customers to 65, leadership at the software startup Hotglue knew it needed outside capital to keep up the pace.  The software-as-a-service company behind an embedded integration platform raised a $4 million seed round to hire more staff and continue building out its tech. Embedded integration helps companies, often developers, connect products […]

Kenya-based music service Mdundo expands reach; projects over $1m royalties for 2025 – Disrupt Africa

Kenya-based music service Mdundo has passed 36 million monthly active users (MAU), and is now prioritising hyperlocal markets to enhance the reach and impact of both its artists and advertisers, focusing on tailored content in key regions across the continent. Launched in Kenya in 2013, Mdundo has become Africa’s leading pan-African music service, dedicated to […]

AI startups revolutionizing mental health care

The WHO recognizes mental health as a fundamental human right and emphasizes the need for comprehensive, accessible, and high-quality mental health services. However, access to quality care remains a significant challenge for many, including entrepreneurs. Fortunately, innovative startups are leveraging the power of AI to bridge this gap and provide scalable solutions for mental wellbeing […]

MVP Group’s Ideaspace Ventures Makes Immediate Investments in Five Startups

Startup growth: Five startups join Ideaspace’s portfolio. Immediate investments: Ideaspace backs startups right from selection. Comprehensive support: Startups benefit from mentoring and business guidance. Ideaspace Ventures, the startup accelerator arm of the MVP Group, recently welcomed five new startups into its portfolio as part of its 12th cohort under the theme “Resilient Founders: Game-Changing Ventures.”  […]