Huge Tesla Recall of 1.6 Million Cars

The KillerStartups weekly newsletter is back this Monday after our 2024 special.

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!

Table of Contents

• Featured Startups

• 60-Second News Picks

  • YC-Backed African Fintech Cleva, Founded by Stripe …

  • Growth Marketing Agency for Startups - Sponsored

  • Tesla recalls more than 1.6 million cars in China …

  • This Vibrating, Ingestible Capsule May Help Treat …

• Tweets of the Week

• More Reading

Featured Startups

KillerStartups’ Mission is to help entrepreneurs achieve the next big thing. Our role is to connect you with founders you can help, and founders who can help you!

When we featured Uber in 2010, Founder Travis Kalanick might have still been your driver.

Uber raised their first $1.6MM three months after we featured them. $4.9B later, we are still proud to have discovered them.

Our question to you is: How can YOU help these companies?

With our newest polling feature, you can rate these startups and provide feedback about YOUR thoughts!

1. This Startup Helps Enrich Sales Lists

2. Critikid is Engaging Kids with Critical Thinking

3. Petaproxy Aims to Redefine Online Experiences

4. Aether to Transform How Agencies Approach Outreach

60-Second News Picks

YC-Backed African Fintech Cleva, Founded by Stripe and AWS Alums, raises $1.5M pre-seed - TechCrunch

Our 30-Second Summary:

Nigerian fintech startup Cleva, specializing in developing a banking platform facilitating international payments for African individuals and businesses through USD accounts, has successfully secured $1.5 million in pre-seed funding. The funding round was led by 1984 Ventures, a San Francisco-based early-stage venture capital firm, with participation from The Raba Partnership, Byld Ventures, FirstCheck Africa, and various angel investors.

Aaron Michael, a partner at 1984 Ventures, commended Cleva's founders, Tolu Alabi and Philip Abel, highlighting the platform's potential to address hyperinflation challenges in Africa. Michael praised the team's qualifications, citing their experience at Stripe and AWS, and emphasized the impressive early growth as evidence of their ability to execute effectively across Africa and the U.S.

🚀 Submit Your Startup to Get Featured and More! - SUBMIT YOUR STARTUP

Growth Marketing Agency for Startups - Sponsored

Adogy is a digital media agency that obtains media placements in top-tier publications, and grows your site traffic!

Whether your goal is Digital PR or SEO, our expert team is ready to develop and execute a custom content strategy to meet your current needs.

Tesla recalls more than 1.6 million cars in China over steering software issues - Wired

Our 30-Second Summary:

As reported by the country's regulator, Tesla is recalling over 1.6 million vehicles in China due to steering software and door-locking system issues. The recall encompasses Tesla's S, X, 3, and Y models and 7,538 imported vehicles. Notably, remote software updates will implement the necessary fixes, eliminating the need to bring the vehicles to dealerships or garages. This move follows Tesla's recent recall of two million cars in the U.S. related to autopilot software problems. Last May, the Chinese regulator, the State Administration for Market Regulation (SAMR), highlighted potential acceleration and braking system issues in over a million vehicles, which led to the discovery of additional problems with assisted driving functions and door-locking systems by the American electric car company. Despite the remote nature of the planned update, SAMR classifies it as a recall.

🚀 Submit Your Startup to Get Featured and More! - SUBMIT YOUR STARTUP

This Vibrating, Ingestible Capsule May Help Treat Obesity - MIT

Our 30-Second Summary:

MIT engineers have developed an innovative approach to leverage the signals of fullness sent from the stomach to the brain after a large meal. They introduced an ingestible capsule designed to vibrate within the stomach, activating stretch receptors that typically sense distension and creating a false perception of fullness. In experiments with animals given this vibrating pill 20 minutes before eating, researchers observed not only the stimulation of satiety-signaling hormones but also a remarkable 40% reduction in food intake.

While scientists are still exploring the complexities of mechanisms affecting human body weight, the researchers believe that if further studies confirm the safe use of this technology in humans, such a pill could offer a minimally invasive approach to treating obesity. Shriya Srinivasan, former MIT graduate student and postdoc, now an assistant professor of bioengineering at Harvard University, envisions the potential for individuals seeking weight loss or appetite control to take this pill before each meal, potentially minimizing side effects associated with other pharmacological treatments.

🚀 Submit Your Startup to Get Featured and More! - SUBMIT YOUR STARTUP

Tweets of the Week

More Reading