Qedma, an Israeli quantum computing startup, recently announced a successful funding round, securing $26 million in investment. Notably, tech giant IBM has joined the round, signaling strong confidence in Qedma’s potential within the burgeoning quantum technology sector.
Quantum Computing Advancements
Qedma focuses on developing advanced quantum solutions that could revolutionize various industries. Their technology aims to tackle complex problems currently beyond the reach of classical computers. Quantum computing has the potential to transform fields like drug discovery, materials science, and financial modeling.
IBM’s Strategic Investment
IBM’s participation highlights the growing importance of quantum computing and its potential impact on the future of technology. This investment provides Qedma with not only financial resources but also access to IBM’s expertise and resources in the quantum computing field. IBM is a leading company in the development of quantum computers like IBM Quantum System One.
Implications for the Quantum Tech Landscape
This funding round represents a significant milestone for Qedma and reinforces Israel’s position as a hub for technological innovation. It also demonstrates the increasing interest and investment in quantum computing startups, indicating a promising future for the industry. Quantum startup sector is growing exponentially now.
Campfire AI ERP: Startups Choosing Innovation Over Legacy Systems
Campfire, a burgeoning AI-driven ERP startup, is rapidly gaining traction, successfully attracting numerous startups away from established players like NetSuite. This impressive growth has culminated in a $35 million Series A funding round, led by Accel. This signals a significant shift in the ERP landscape, where agile, AI-enhanced solutions are beginning to challenge traditional systems.
Why Startups Are Flocking to Campfire
Several factors contribute to Campfire’s appeal to startups:
AI-Powered Automation: Campfire leverages artificial intelligence to automate key business processes, reducing manual effort and improving efficiency.
Startup-Friendly Pricing: Unlike NetSuite, which can be costly for early-stage companies, Campfire likely offers more accessible and flexible pricing models.
Modern Interface and User Experience: Startups often prioritize intuitive and user-friendly software. Campfire’s modern interface likely resonates better with younger teams than NetSuite’s more established (and potentially more complex) system.
Agility and Customization: Campfire, being a newer platform, may offer greater flexibility in customization and integration with other modern startup tools.
Accel’s Investment: A Vote of Confidence
Accel’s decision to lead Campfire’s $35 million Series A round underscores the venture capital firm’s belief in the startup’s potential. This investment will likely fuel Campfire’s expansion, allowing them to further develop their AI capabilities, scale their customer base, and challenge the dominance of established ERP vendors.
The Future of ERP: AI-Driven and Startup-Focused
Campfire’s success highlights a growing trend: the demand for ERP solutions tailored to the specific needs of startups. As AI continues to evolve, we can expect to see even more innovative ERP platforms emerge, further disrupting the market and empowering startups with the tools they need to scale rapidly and efficiently.
Better Auth, an innovative authentication tool developed by a self-taught Ethiopian developer, recently secured $5 million in funding. Peak XV Partners and Y Combinator (YC) co-led the investment, signaling strong confidence in the platform’s potential.
Investment Details
Better Auth Secures $5M Seed Round Led by Peak XV & YC đ
Better Auth raised a $5 million seed round, co-led by Peak XV Partners and Y Combinator. The round also included support from P1 Ventures, Chapter One, and key angel investors shega.co
Consequently, the funding will help Better Auth scale its authentication services and expand globally.
What This Funding Enables
Robust infrastructure: The capital will support tools like SMS and email authentication, global session storage, and fraud protection techcrunch.com
Team growth: Better Auth plans to hire and build faster while widening its talent pool .
Enterprise layer: They aim to launch a paid add-on over their successful open-source framework linkedin.com
Why It Matters
First, this marks Peak XVâs first direct investment in an African founderâa major milestone for the continentâs tech ecosystem .
Second, it highlights rising global demand for strong authentication tools. Better Auth already powers AI startups and GitHub projects, and earns praise for being devâfriendly and flexible .
Spotlight on the Founder
Founder Bereket Engidabuilt Better Auth from Ethiopia. He started coding at age 18, launched the library in late 2024, and by June 2025, amassed 150K+ weekly downloads, 15K+ GitHub stars, and a 6K-member Discord communityâall before moving to Silicon Valley finance.yahoo.com
Authentication Tool Explained
Better Auth delivers streamlined authentication for web and mobile apps. It offers a clean, intuitive interface. It also provides strong security features for developers.
First, it supports email/password, social login (GitHub, Google, Discord, Twitter), twoâfactor auth, and multiâtenant systemsâall with minimal setup reddit.combetterstack.com
In addition, itâs frameworkâagnostic. Use it with React, Vue, Svelte, Next.js, Nuxt, Astro, Solid, Hono, and more .
Plus, it uses full TypeScript type safety. Developers get auto-generated schemas and a simple, typeâstable API .
Built-In Security You Can Trust
Rateâlimiting, CSRF protection, and password policies come preâconfigured avishka.dev
Twoâfactor authentication and plugin-based multi-session support help secure accounts at scale .
Developer Praise & Community Feedback
According to Reddit, âBetter–auth is fantasticâŚâ and scales well with tens of thousands of daily users .
On Hacker News, users applaud the teamâs fast response to security issues and flexibility:
âThis library is so much more flexible⌠community leadership, responsiveness, and development speed has been incredible.â news.ycombinator.com
Real-World Usage
Developers report using Better Auth in production across dozens of appsâlike SaaS UIs, internal dashboards, and AI toolsâon frameworks like Next.js, Hono, Astro, Bun, SvelteKit, and more youtube.com
Nvidia is reshaping the AI landscapeânot just through its hardware, but also through strategic investments in cutting-edge startups. These partnerships are accelerating innovation across key sectors like generative AI, robotics, and data infrastructure.
This article explores Nvidiaâs most notable AI startup investments and how they support the companyâs broader goal: leading the future of artificial intelligence.
Nvidia actively invests in companies that develop innovative AI solutions. These investments reflect Nvidia‘s commitment to fostering growth and innovation in the AI ecosystem. By supporting these startups, Nvidia gains access to cutting-edge technologies and strengthens its position as a leader in AI.
Key Investment Areas
Autonomous Vehicles:Nvidia invests in startups developing AI-powered autonomous driving technologies.
Healthcare AI: The company supports companies applying AI to improve healthcare diagnostics, drug discovery, and patient care.
Robotics:Nvidia backs startups creating intelligent robots for various industries, including manufacturing and logistics.
AI Infrastructure:Nvidia invests in companies building the infrastructure needed to support AI development and deployment.
Notable Startup Investments
Several startups have benefited from Nvidia‘s strategic investments, contributing to advancements in their respective fields.
Data Infrastructure Investments
Nvidia‘s investment in data infrastructure companies enhances its capacity to handle large-scale AI workloads. These companies specialize in data processing, storage, and management, playing a vital role in the AI development lifecycle. For example, startups focusing on optimized data pipelines and efficient data storage solutions can greatly benefit from Nvidia‘s technological and financial support. This boosts Nvidia‘s ecosystem by providing enhanced capabilities for processing and managing the extensive data required for training complex AI models. Investment in data infrastructure is an essential component of Nvidia‘s AI growth strategy, facilitating the development and deployment of next-generation AI solutions.
AI-Driven Drug Discovery
Nvidia supports startups that leverage AI to accelerate drug discovery and development. These companies use machine learning algorithms to identify potential drug candidates, predict their efficacy, and optimize clinical trials. Nvidia‘s investment in this area reflects the growing importance of AI in transforming the pharmaceutical industry. With the power of Nvidia‘s technology, these startups can simulate complex biological processes and significantly reduce the time and cost associated with traditional drug discovery methods.
Robotics and Automation
Investments in robotics and automation enable Nvidia to push the boundaries of what’s possible in manufacturing, logistics, and healthcare. These companies create robots that can perform complex tasks autonomously, increasing efficiency and reducing operational costs. Nvidia‘s technology empowers these robots with advanced perception, navigation, and decision-making capabilities, allowing them to operate safely and effectively in dynamic environments. This focus area is crucial for Nvidia as it seeks to enable the next generation of intelligent machines that can revolutionize various industries.
Cybersecurity Enhancement
Nvidia is investing in AI cybersecurity startups to enhance threat detection and prevention capabilities. These startups employ AI to analyze network traffic, identify anomalies, and automate incident response. With the increasing sophistication of cyber threats, AI-powered cybersecurity solutions are becoming increasingly important. Nvidia‘s backing helps these companies innovate and develop cutting-edge technologies that protect organizations from cyberattacks, ensuring the integrity and security of their data and systems.
Cluely’s Party Shut Down: Startup’s Antics Exposed
The police recently shut down a party hosted by Cluely, a startup known for its controversial ‘cheat at everything’ ethos. The event, intended as a celebration, ended prematurely due to noise complaints and alleged code violations.
The Incident Details
Reports indicate that local residents lodged several complaints regarding excessive noise emanating from the venue. Upon investigation, authorities discovered potential breaches of occupancy regulations and licensing, leading to the immediate cessation of the party.
Cluely’s Controversial Reputation
Cluely has gained notoriety for its aggressive business strategies and unconventional approach to problem-solving, encapsulated by its self-proclaimed ‘cheat at everything’ philosophy. This motto has attracted both admiration and criticism within the tech community. Some view it as disruptive innovation, while others consider it unethical and unsustainable. This reputation can be compared to the strategies employed in some aggressive marketing campaigns.
Startup Culture and Ethical Boundaries
The incident raises questions about the boundaries of startup culture and the ethical responsibilities of companies, especially when pursuing rapid growth and disruption. It underscores the importance of balancing innovation with respect for regulations and community standards. This is a debate often discussed in articles about startup ethics.
Community Impact
The shutting down of Cluelyâs party has sparked discussions about the impact of startups on local communities. While startups often bring economic benefits and innovation, it is crucial for them to engage responsibly and consider the needs and concerns of residents. Many communities have established guidelines for startup community engagement to address these issues.
Coralogix Achieves Unicorn Status, Expands to India
Coralogix, an observability startup, has reached unicorn status and is planning to expand its operations into India. This significant milestone marks a new chapter for the company as it seeks to capitalize on the growing demand for observability solutions in the Indian market.
Unicorn Status Achieved
Coralogix’s recent funding round propelled it to a valuation exceeding $1 billion, officially making it a unicorn. This achievement underscores the company’s innovative approach to observability and its success in providing valuable insights to its customers. The company’s platform enables organizations to monitor, analyze, and optimize their applications and infrastructure, leading to improved performance and reduced downtime.
Expansion into India
With its newly acquired unicorn status, Coralogix is setting its sights on expanding its presence in India. The Indian market presents a significant opportunity for observability solutions, driven by the increasing adoption of cloud technologies and the growing complexity of IT environments. Coralogix aims to help Indian organizations improve their operational efficiency and gain a competitive edge through its advanced observability platform.
Benefits of Coralogix Platform
Coralogix’s platform offers a range of benefits, including:
Real-time monitoring of applications and infrastructure
Advanced analytics and insights
Proactive identification of potential issues
Improved performance and reduced downtime
Cost optimization through efficient resource utilization
Future Plans
Coralogix plans to invest in building a strong team in India and establishing partnerships with local organizations. The company is also committed to providing its customers with the best possible support and resources. As Coralogix continues to grow and innovate, it is well-positioned to become a leading provider of observability solutions in India and beyond. For example, the company aims to leverage its innovative solutions to help businesses navigate the complexities of modern IT environments.
In 2016, many believed Chime was on the brink of failure. The company faced numerous rejections from venture capitalists, with over 100 VCs turning them down. Despite this setback, Chime persevered and recently launched its IPO at an impressive valuation of $14.5 billion.
Overcoming Early Obstacles
Chime’s story is a testament to resilience and innovation. The early years were challenging, marked by skepticism from investors who doubted the potential of their business model. Securing funding was a constant struggle, and the company teetered on the edge of collapse. The team faced seemingly insurmountable odds, yet they remained committed to their vision.
The Turning Point
Despite the initial lack of interest, Chime didn’t give up. The turning point came when they refined their strategy and demonstrated the viability of their approach to banking. By focusing on providing accessible and user-friendly financial services, they began to attract a loyal customer base. This growth, in turn, piqued the interest of investors who had previously dismissed them.
Chime’s $14.5B IPO
The successful IPO marks a significant milestone for Chime. The company’s journey from near-failure to a multi-billion dollar valuation is an inspiration to startups everywhere. It demonstrates that with perseverance, innovation, and a strong vision, even the most daunting challenges can be overcome.
Indian grocery startup KiranaPro experienced a severe security breach, resulting in the deletion of its servers, according to confirmation from the CEO. This incident underscores the increasing cyber threats faced by startups, particularly those handling sensitive customer data.
The Attack
Indian grocery delivery startup KiranaPro has suffered a severe cyberattack, leading to the deletion of its servers and critical data. Co-founder and CEO Deepak Ravindran confirmed the breach, stating that hackers gained root access to the company’s Amazon Web Services (AWS) and GitHub accounts, resulting in the erasure of essential data, including app code and sensitive customer information such as names, addresses, and payment details.
The breach occurred between May 24 and 25, 2025, and was discovered on May 26 when executives noticed suspicious activity during an AWS login attempt. The attack is believed to have originated from a former employee’s credentials, highlighting the risks associated with insider threats.
In response, KiranaPro has filed a complaint with the cybercrime cell and is collaborating with ethical hackers and forensic experts to investigate the incident. The company has also reached out to GitHub for assistance in retrieving compromised repositories from internal backups and audit logs.
The cyberattack has significantly disrupted KiranaPro‘s operations, halting its services and impacting its user base of approximately 55,000 customers across 50 cities. The incident has also affected the company’s fundraising efforts, with partnerships worth âš5 crore on hold and daily losses of around 2,000 orders.
This event underscores the critical importance of robust cybersecurity measures, including timely deactivation of former employees’ access and comprehensive data backup strategies, to protect against potential insider threats and ensure business continuity.
For more detailed information on this topic, you can refer to the following articles:
Indian grocery delivery startup KiranaPro has suffered a severe cyberattack, leading to the deletion of its servers and critical data, including sensitive customer information such as names, mailing addresses, and payment details. The breach has rendered the platform inoperable, halting services for its 55,000 customers across 50 cities. The company is actively investigating the incident and working to restore its systems.cyberpress.orgampcuscyber.com
According to CEO Deepak Ravindran, the attack occurred between May 24 and 25, 2025, and was discovered on May 26 during an AWS login attempt. The breach is believed to have originated from a former employee’s credentials, highlighting the risks associated with insider threats. The company has filed a complaint with the cybercrime cell and is collaborating with ethical hackers and forensic experts to investigate the incident. techcrunch.com
In response to the breach, KiranaPro is implementing enhanced security measures to prevent future incidents. The company is also working to restore its systems and services to minimize disruption for its customers. Customers may experience delays or disruptions in accessing the platform during this recovery period.cyberpress.org
This incident underscores the critical importance of robust cybersecurity measures, including timely deactivation of former employees’ access and comprehensive data backup strategies, to protect against potential insider threats and ensure business continuity.
For more detailed information on this topic, you can refer to the following articles:
This incident highlights the vulnerability of startups to cyberattacks. Startups, often operating with limited resources, may struggle to implement robust security measures. This breach serves as a reminder for startups to prioritize cybersecurity and invest in protecting their systems and data.
Key Takeaways:
Cyberattacks pose a significant threat to startups.
Data security is crucial for maintaining customer trust.
Sahil Lavingia’s Brief DOGE Stint: A Founder’s Exit
Sahil Lavingia, the founder of Gumroad, recently shared his experience with DOGE, revealing that his time with the company was surprisingly short. Lavingia stated he was “booted” from DOGE after only 55 days.
The Unexpected Departure
The abrupt end to Lavingia’s tenure at DOGE raises questions about the circumstances surrounding his departure. While details remain scarce, the founder’s own words suggest a less-than-amicable split. The reasons behind the quick exit remain undisclosed, leaving industry observers and followers curious about what transpired within the company during those 55 days.
Implications and Reactions
This news has triggered discussions within the tech and cryptocurrency communities. Many are speculating on the potential causes and impacts of such a short-lived role. Lavingia’s reputation as a successful founder adds weight to the situation, prompting further interest in the dynamics at play within DOGE.
Kesha’s New Venture: From Pop Star to Startup Founder
Kesha, the renowned singer and songwriter, is making headlines again, but this time itâs not for her music. She’s stepping into the world of tech startups, showcasing her entrepreneurial spirit beyond the music industry. This move highlights a growing trend of celebrities diversifying their careers and investing in innovative ventures.
Exploring Kesha’s Startup
Details surrounding Kesha’s startup are currently emerging. While the specific focus of the company remains under wraps, many speculate that it aligns with her passions, potentially involving music tech, creative arts, or even wellness initiatives. We anticipate more information in coming weeks about this fascinating development. It is inspiring to see figures like Kesha venturing into the startup realm.
Celebrities in the Tech World
Kesha isnât the first celebrity to dive into the tech startup world. We’ve seen numerous examples of actors, athletes, and musicians investing in and launching their own tech companies. These ventures bring unique perspectives and often leverage their established brand to gain traction.
What This Means for the Startup Ecosystem
Celebrity involvement can bring significant attention and investment to the startup ecosystem. Their endorsement and participation can help startups gain visibility and attract funding. Whether this translates to long-term success remains to be seen, but it definitely shakes things up in exciting ways.
