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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 global venture capital tightening since the boom of 2020-2021, pushed local and international investors to […]
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Software Development in Sri Lanka
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Prolific fintech investor and QED Investors co-founder Frank Rotman said Friday that he will transition to a partner emeritus role by year’s end to focus on founding his own startups. But those startups won’t necessarily be financial technology companies. In a post on X, Rotman – who helped start QED in 2007 – declared that […]
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Software Development in Sri Lanka
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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. Some hopes were dashed, but startups are delivering on all sorts of promises, from nuclear […]
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Software Development in Sri Lanka
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There’s a controversy brewing over “AI-generated” studies submitted to this year’s ICLR, a long-running academic conference focused on AI. At least three AI labs — Sakana, Intology, and Autoscience — claim to have used AI to generate studies that were accepted to ICLR workshops. At conferences like ICLR, workshop organizers typically review studies for publication […]
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Software Development in Sri Lanka
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A new iOS social wellness app called Exist wants to help middle-aged consumers connect and build meaningful communities with one another as they navigate their lives and the stresses that come with it. The app describes itself as the edgier cousin of Calm or Headspace, and its main feature is social journaling. The idea behind […]
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Software Development in Sri Lanka
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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 showed more optimism among startups than in other corners of the world, with entrepreneurs feeling confident enough to acquire other companies, raise fresh funding, and […]
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Software Development in Sri Lanka
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Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy. Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of-service wedding coordinators and has raised a total of $550,000 from other investors, including Elizabeth Cutler, co-founder of Soul Cycle, and […]
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Software Development in Sri Lanka
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One of Silicon Valley’s most storied startup accelerators, Y Combinator, held its Winter 2025 Demo Day on Wednesday, showcasing what its latest batch of 160 startups are cooking up. Some of Silicon Valley’s most successful startups — including Stripe, Airbnb, and Reddit — started out in a YC batch. Today, YC’s newer startups are focused […]
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Software Development in Sri Lanka
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Skich, a Tinder-like app for discovering mobile games, announced Thursday the launch of a new marketplace to put it in closer competition with alternative game stores like Aptoide and Epic Games. Skich Store, a new alternative mobile games store, will be available for iOS users in the European Union. The company plans to begin adding […]
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Software Development in Sri Lanka
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Speaking at the SXSW conference in Austin, tech investor and entrepreneur Mark Cuban shared his thoughts on how AI technology can help small businesses outperform their competition. In short, he told the crowd that AI was not the answer, in and of itself; it’s meant to serve as an aid that can help entrepreneurs by […]
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Software Development in Sri Lanka
Founded in 2017, Atoms Lanka Solutions is a provider of IT consulting and software development services. Throughout the company’s history, we have worked with over 160 customers from 5+ countries..
