RECENT ARTICLES

Funding
Fasset Raised $68 million in Series C Funding Round

Fasset, the AI-powered stablecoin neobanking platform, has raised $68 million in Series C funding at a $1 billion valuation. The financing was led by SBI Group and follows Fasset’s $51 million Series B earlier this year, which brought Speedinvest onto the cap table alongside a group of strategic investors. The company plans to use this […]

August 24, 2026
img
Startup News
US Reviews Shein’s Everlane Buyout Over Security Concerns

U.S. authorities are reviewing Shein Global Holdings Ltd.’s $80 million acquisition of American clothing retailer Everlane as part of a national security review. The review was launched by the Committee on Foreign Investment in the U.S. (CFIUS) after the deal was completed in May. The review adds to the regulatory challenges facing Shein, the China-founded […]

August 24, 2026
img
Startup News
California May Demand TV Channel Sales in Paramount-Warner Merger 

California Attorney General Rob Bonta is expected to ask Paramount to sell some of its cable channels and keep its movie studio separate from Warner Bros. before approving their merger, according to The Wall Street Journal. Paramount and California officials are expected to meet Monday to discuss possible ways to resolve the state’s antitrust lawsuit. […]

August 24, 2026
img
Startup News
Marquee Brands acquires Canadian fashion brand Roots

Marquee Brands has announced plans to acquire Roots Corp. The deal is aimed at helping the Canadian fashion brand expand into more international markets and grow its product range. JM&A will handle the design, production, distribution, retail, and e-commerce operations for Roots in Canada and the U.S., including more than 100 stores. Marquee Brands, which […]

August 24, 2026
img
Funding
California-Based Shape Memory Medical Secures $10 Million Financing

Shape Memory Medical, developer of proprietary shape memory polymer technology for endovascular embolization, has secured $10 million in convertible note financing led by August Global Partners (AGP) with participation from Taiwania Capital. The company plans to use the capital to support clinical development of its aortic portfolio, including patient follow-up and data collection for the […]

August 24, 2026
img

RECENT ARTICLES

Funding
Helcim Raises $53 Million in Series C Funding Round

Helcim, a Calgary-based payments company that powers small and mid-sized businesses across North America, has raised $53 million CAD in a Series C funding round led by Business Development Bank’s (BDC) Growth Venture Fund. The round also saw participation from new investors Curql Collective, a strategic investment fund backed by more than 160 North American […]

August 22, 2026
img
Startup News
California-Based Zūm Appoints Matthew Klein as VP of Software Sales

Zūm, a student transportation company, has appointed Matthew Klein as Vice President of Software Sales. The appointment comes as Zūm expands its AI-powered Zūm CMX solution across the country. Before joining Zūm, Klein spent eight years building and leading Coursera’s government business, helping governments train and reskill workers. He started his career in public health […]

August 22, 2026
img
Startup News
TikTok to Pay $400M in Landmark US Child Privacy Settlement

TikTok and its former Chinese parent company, ByteDance, have agreed to a $400 million (£293m) settlement with the U.S. Department of Justice over allegations that the short-video app violated children’s online privacy. The Justice Department sued TikTok, and ByteDance in 2024, accusing them of failing to protect childrens privacy, and collecting their personal information without […]

August 22, 2026
img
Startup News
Simmons Bank Announces Lisa Hunter’s Retirement As Executive Vice President

Simmons Bank has announced the retirement of Lisa Hunter, Executive Vice President and Chief Data Officer, after a 30-year career with the bank. During her time at Simmons, Hunter helped launch the bank’s first corporate website and introduced customer-focused services such as online banking, treasury management, and e-statements. As Simmons expanded across six states, Hunter […]

August 22, 2026
img
Startup News
Cloverleaf Infrastructure Announces Strategic Partnership with NVIDIA

Cloverleaf Infrastructure has partnered with NVIDIA to support the development of digital infrastructure across the US. As part of the partnership, NVIDIA has made a minority investment in Cloverleaf. The investment will help Cloverleaf meet the growing demand for AI computing and support its customers and utility partners. NVIDIA will also work with Cloverleaf on […]

August 22, 2026
img

Stay on top - Get the daily news from Startup Rise USA in your inbox

Loading