Immigrant Founders Behind Revolut, $45 Billion Neobank Eyeing U.S. Expansion
Revolut, the $45 billion neobank, is having a moment. The company reported a $1 billion net profit for 2024 and revealed plans to pursue a U.S. banking license.
Meta Veterans of Indian Origin Raise $15M to Build Advanced AI Assistants
Former Meta executives Devi Parikh, Dhruv Batra, and Abhishek Das have secured $15 million in funding for Yutori, an AI startup developing autonomous personal assistants.
European Startups Move to the U.S. for Looser Tech Regulations
As Europe faces stricter regulations on AI and technology, an increasing number of startups are seeking a more favorable environment elsewhere.
Who is Mira Murati, the Albania-born founder of OpenAI’s new rival?
Mira Murati, an Albania-born former CTO at OpenAI, has unveiled her new startup, Thinking Machines Lab. The company recruited about 30 top researchers and engineers from competitors including OpenAI, Meta, and Mistral.
What drives ClimateTech in Africa amidst the global funding gap?
In 2024, startup funding in Africa is seeing a clear shift toward ClimateTech, with about a third of all venture capital coming from U.S. investors. What’s attracting American VCs to the continent?
Curly-coily and cool: The UK app Frobelles seeks to empower kids in the U.S.
The demand for diversity and inclusion in America is attracting Black-focused international entrepreneurs from around the globe. Frobelles, an app game developed by a mother and daughter to celebrate afro-textured hair, recently launched in the U.S.
Top 5 Mistakes Immigrant Entrepreneurs Make on LinkedIn
Many international founders in the U.S. hesitate to express their voices on social media. Skylar Steudter, an expert in LinkedIn branding, pinpoints mistakes that hinder immigrant entrepreneurs from building their digital presence.
Three international startups eye U.S. expansion amid a tough market
Founders globally are coming up against a capital-raising plateau. However, some international startups have spotted an opportunity in the U.S. during the market downturn.
The Vertical announces IMMIGRANT FOUNDERS REPORT 2024. Showcase your leadership in supporting diversity
The Vertical’s Immigrant Founders Report is the first in-depth examination of international talent in the U.S. startup ecosystem.
2023 Recap: The Vertical’s top 20 stories for immigrant tech entrepreneurs
Last year was a nonstop rollercoaster ride featuring AI hype, the startup scamming pandemic, SVB apocalypse, and the WeWork bankruptcy. Check out some of the top stories we covered in 2023.
3 Tips to help founders build productive bonds with mentors
Great mentorship is often a game-changer for international founders launching a new business in unfamiliar terrain. Whether you are looking for an expert in your industry or someone who appreciates the nuances of your immigrant background, you need the right strategy. Katja Wald, an expert in coaching programs for entrepreneurs, shares three tips for building exceptional synergy with a mentor.
3 immigrant female techpreneurs shaping the future of work
These three ambitious immigrant women were inspired by their adversity. They launched businesses that now help others avoid having to suffer through the same tribulations.
5 immigrant women entrepreneurs driving the future of health
In the wake of the Elizabeth Holmes scandal, more than ever women HealthTech entrepreneurs and innovators find it challenging to succeed in a male-dominated industry. Here are five determined and resolute women who overcame tremendous personal and professional obstacles to build a successful HealthTech startup.
Mexican supply chain unicorn, Nowports, opens their first U.S. office in Miami
Nowports, the Mexican startup with a $1.1 billion valuation that was launched by 23-year-old Alfonso de los Rios and Maximiliano Casal, has announced the opening of its new office in Miami.
How Indian American Clubhouse co-founder Rohan Seth started a global audio revolution
Launched in April 2020, the audio-only app Clubhouse now has more than 10 million weekly active users around the world. Its success has led to Twitter introducing Spaces, Spotify launching Greenroom, and Facebook announcing live audio rooms. Despite the Clubhouse boom, few users are aware that one of the app’s co-founders, Rohan Seth, was born in India and raised in its capital city, Delhi.
Hear me out: Technology developed by two immigrant entrepreneurs serves 10,000 deaf and hard-of-hearing Americans
Joe Duarte, a Portuguese-American entrepreneur with hearing loss, made it his life’s mission to empower those like him. Together with Joseph Lee, a former engineer at Samsung, he developed technology to make phone calls easier for deaf and hard-of-hearing people. During the pandemic, their app, called InnoCaption, saw a record 65 percent growth in active users.
How immigrant investors are rebuilding the U.S. supply chain
Coming from non-traditional backgrounds, immigrant and minority VCs are open to investing into overlooked niches. Three newly-established funds are aiming to foster sustainability within the global supply chain, which has recently been disrupted by the pandemic.
How South Asian women are breaking into the U.S. entrepreneurship scene
Entrepreneurship, especially for women, has traditionally been shunned as “risky” in South Asian culture, but times have changed. A new generation of immigrant women business leaders is rising in the U.S.
Great Escape to Florida: Is Miami a new destination for international entrepreneurs?
With its warm weather, lack of state income tax, and low coronavirus restrictions, Miami is the latest destination for investors and tech executives. Could the city become an alternative to New York and Silicon Valley?
Global scaling for startups: How to build a multibillion-dollar business?
The coronavirus pandemic has shone a spotlight on the importance of global scaling for entrepreneurs. Most of the top performing companies are operating in multiple markets: global businesses are better able to weather the storm.