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- Chinese SpaceX? Plus: One Model Lands $41 million
Check out this week’s sponsor: Geoship
The KillerStartups weekly newsletter is off to the races! Welcome and thanks for the support as we grow this massive startup community.
As always, please support the newest Featured Startups as many are looking for feedback and just starting out!
Our team packed a lot into this newsletter, so let’s get into it!
The Lineup:
Geoship
30-Second News Picks
Tweet of the Week
Meme of the Week
Weekly Poll
Featured Startups
Notes from The Staff
Other Newsletter Recommendations!
Weekly Sponsor
Geoship, founded in 2015, aims to revolutionize homebuilding by addressing environmental issues in traditional construction. The startup uses bioceramic panels that reduce embodied carbon by 90%, resulting in eco-conscious, affordable, and energy-efficient homes.
Geoships are designed to withstand disasters and offer climate-resilient shelter. Inspired by Tesla's impact, Geoship seeks to democratize sustainable housing. With a prototype dome built, the startup aims to fulfill pre-orders and envision a future where Geoships provide low-carbon living in harmony with nature. Geoship embodies affordability, sustainability, and resilience.
News Picks of the Week 🤓 🚀
Pick #1
Our 30-Second Summary:
One Model, an AI-based platform for people analytics used by employers to make informed decisions about hiring, promotions, and workforce planning, has raised $41 million in funding led by Riverwood Capital. The funds will be used to enhance technology, product development, customer success, and market strategies.
One Model's platform provides tailored insights through alerts and notifications, allowing organizations to extract and analyze HR data, predict workforce needs, and reduce turnover costs. The company, with clients like Colgate-Palmolive and Robinhood, aims to ensure ethical and transparent workforce decisions. This funding brings One Model's total raised to $44.8 million.
Submit Your Startup to Get Featured and More! 🚀 - SUBMIT YOUR STARTUP
Pick #2
Our 30-Second Summary:
Windup Minds, a startup founded by gaming and tech industry veterans from Seattle and Los Angeles, has secured $1.6 million in seed funding to create a "virtual creature experience" for virtual and mixed reality devices. Inspired by their own pet experiences, the founders aim to establish a strong connection between users and virtual creatures, allowing interactions in users' living spaces.
These virtual creatures will have preferences and behaviors, even persisting in the environment when users take off their headsets. Windup Minds, led by CEO Bernie Yee (formerly with Oculus and PopCap/EA), plans to launch a "minimum lovable product" next year, supported by investors including the Venture Reality Fund, Acequia Capital, individual backers like Nate Mitchell (Oculus founder), and others.
Submit Your Startup to Get Featured and More! 🚀 - SUBMIT YOUR STARTUP
Pick #3
Our 30-Second Summary:
Chinese startup Galactic Energy is making strides in rocket reusability by testing a jet-propelled vehicle for landing rockets. In a recent announcement, the company revealed that it successfully used a small test article with a jet engine to test rocket landing guidance software.
The test met design requirements for trajectory, landing point, and attitude deviation. This effort is part of Galactic Energy's plan to develop a reusable rocket, with the upcoming Pallas 1 rocket aiming for a first test flight next year. The company intends to achieve vertical landing capability similar to SpaceX's Falcon 9 by 2025.
Submit Your Startup to Get Featured and More! 🚀 - SUBMIT YOUR STARTUP
Pick #4
Our 30-Second Summary:
Lula, a fintech startup aiming to be the "Stripe for insurance," secured $35.5 million in a Series B funding round led by NextView Ventures and Khosla Ventures, with a fivefold valuation increase.
The company's success was driven by a strategy of financial prudence and focusing on building a solid business, resulting in over 20x revenue growth year-over-year.
Lula plans to reach $100 million in annual recurring revenue within the next few quarters, demonstrating a growth story amid a challenging funding landscape.
Submit Your Startup to Get Featured and More! 🚀 - SUBMIT YOUR STARTUP
Tweet of the Week
When I talk to startups more than a year or two old, it's remarkable how consistently the biggest source of problems is not competitors but their own employees and investors. Dealing with competitors is easy compared to dealing with the people who are supposed to be helping them.
— Paul Graham (@paulg)
Aug 7, 2023
Submit Your Startup to Get Featured and More! 🚀 - SUBMIT YOUR STARTUP
Meme of the Week
Submit Your Startup to Get Featured and More! 🚀 - SUBMIT YOUR STARTUP
Weekly Poll Question ❓
Will there be any legal consequences in Google's ongoing antitrust lawsuit? |
Featured Startups 📈
KillerStartups Mission: is to help entrepreneurs achieve the next big thing. Our role is to connect you with founders that you can help, and founders that can help you!
When we featured Uber back in 2010, Founder Travis Kalanick might have still been your driver.
Uber went on to raise their first $1.6MM 3 months after we featured them. $4.9B later, we are still proud to have discovered them.
Submit Your Startup to Get Featured and More! 🚀 - SUBMIT YOUR STARTUP
Our question to you is: How can YOU help these companies?
Interesting in advertising to a large audience of startup founders and entrepreneurs? 🚀
Contact [email protected] for more details!
Notes From KillerStartups Staff 👀
Our team is proud to see KillerStartups growing into a large startup community. We plan to bring new resources, groups, and more as we continue to grow into our mission. Thank you all for your continued support.
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