As the year draws to a close, startups don’t pause

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With only so many days left in the year, there was plenty of startup news to round up since last Friday, despite a short workweek in the U.S. due to Thanksgiving. Oh, and thanks for reading us, by the way.

Most interesting startup stories from the week

Image Credits:J Studios

If you are looking for weekend reads, here are some recent insights worth digging into.

On the clock: The timing of ServiceTitan’s IPO may not entirely be due to market conditions. Details show that the software company was on the clock to go public, and there might be more of these , VCs told TechCrunch.

Salary benchmarks: U.S. government contracting database USASpending.gov reveals the total compensation that defense tech startup Anduril pays its top employees. While there are some technicalities to breaking it down by year, the gist is that it pays really, really well .

New faces: Scaling startups stands as a big priority of the European Union’s new top team, which includes three lawmakers in charge of key tech policy areas . This includes Ekaterina Zaharieva, who will be the EU’s commissioner for startups, research and innovation.

Attack of the clones: It’s not just AI code editors: Y Combinator often backs startups that are building similar products , data analysis startup Deckmatch found out. The research also reveals other interesting insights on the kinds of startups YC tends to accept.

Most interesting fundraises this week

Image Credits:Eyewa

Fundraising season is not over yet, and deals of all sizes were once again announced this week.

DTC eyewear: Eyewa, a company that sells a wide range of eyewear products through a direct-to-consumer e-commerce and retail platform across five Mideast markets, secured a $100 million Series C round led by General Atlantic.

Cradle of love: Cradle, a startup that applies AI to protein design, raised $73 million to build out its labs and team. Launched in 2022, it previously raised a $24 million Series A round in 2023.

Shopify for gaming: Israeli startup Appcharge, which sees itself … Read More