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Six bullets of updates

1. 🇺🇸 - 🇨🇳Microsoft's $1.5B investment in UAE's G42 highlights Gulf's tech role in US-China rivalry. It goes beyond business and signals strategic shifts amid geopolitics.

2. 🧑🏽‍🚀 NASA's $11B Mars mission overhaul could be a historic windfall for space startups, redirecting funds to private industry.

3. 🍏 Despite legal battles with Apple in 2022, Rivos is working on its chipset tech. CEO Puneet Kumar shares plans to bring innovation.

4. 🚀 From space probes to green energy: Found Energy turns spacecraft's aluminum parts into power sources, raking in an oversubscribed $12M seed round.

5. 🌪️ Despite a tough macroeconomic environment, SOSV closes a whopping $306M deep tech fund, primarily focusing on climate tech.

6. 🛒 Fy!, backed by Hoxton Ventures, acquires boutique marketplace Trouva, eyeing profitability and further M&A activity.

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AI comes in for Government contracts’ nightmare

In a bold move to empower small businesses in government contracting, startup visionaries Tim Goltser, Curtis Mason, and Sean Doherty introduced GovDash. Supported by Y Combinator and recently fueled by a $10 million Series A funding round, GovDash employs cutting-edge AI to simplify the labyrinthine process of discovering and bidding for pertinent contracts.

One of its main differentiators is that GovDash implements rigorous cross-checks and human oversight to minimize errors in proposal generation. At the same time, the initiative distinguishes itself by providing end-to-end workflow support for government contract capture, development, and management.

 🔮 Looking ahead, GovDash's emergence reflects a broader trend of AI-driven process automation, signaling significant industry transformation. Read more about this.

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Startup Events and Deadlines

1. Monthly Startup, Tech & Business Networking San Francisco | Meetup | April 24 | San Francisco

2. Startups & Investors Networking SF | Meetup | April 24 | San Francisco

3. Tech Crunch Early Stage | Conference | April 25 | Boston   

4. Find a co-founder for your Tech Startup! | Meetup | April 26 | NY

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Free Analytics Tools to Unlock Startup Success!

Ready to better understand user behavior, boost retention, and scale your digital product or app?

Amplitude for Startups offers the right tools to drive startup success. Accelerate your journey to product-market fit with free and discounted access to Amplitude's Growth Plan.

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These companies just raised money

1. 🎮☄️ Space tech startup ICEYE raises $100M in growth funding, bolstering its radar satellite services and pushing its total raise to a hefty $438M.

2. 🛋️ Therapy startup Two Chairs bags a $72M Series C to grow its virtual therapist network after an 8-fold increase in revenue over 3 years.

3. 💻 Despite a shift away from consumer tech, Maven Ventures raised $60M for a fourth fund, confident there's still potential.

4. 🥗 Dutch lab-grown meat startup Mosa Meat, secures another $42M in funding amid global interest in climate-friendly food options. 

5. 🇨🇱 Chilean fintech Toku bags $9.3M in its Series A, hitting nearly $20M in total funding to fuel expansion in the LatAm market.

6. 👠 The Folklore, a B2B marketplace for fashion brands, rakes in $3.4M seed funding to expand services and boost diverse creators.

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Meet Cherub: A matchmaker for angel investing 

Founders Jaclyn Johnson and Angeline Vuong have launched Cherub, a platform revolutionizing angel investing by simplifying connections between investors and startups. Like a dating app, Cherub matches investors and entrepreneurs based on their preferences.

Investors set their interests, and Cherub presents a matching deal flow. Startups can also see who's interested in them and connect based on their needs. It offers free access for investors, while startups pay through a membership model, ranging from $480 to $950 per year, unlocking features like analytics and increased exposure.

Already showing promise, Cherub boasts 100 revenue-generating startups and a waitlist of 1,500. Unlike competitors like AngelList, Cherub embraces diverse industries, from CPG to AI and hospitality. Learn more about it.

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