New York Opens Doors to Global Startups Through SOSA Program
SOSA Accelerator is now accepting applications for growth-stage startups to join its International Landing Pad Network (ILPN), in partnership with NYCEDC.
Dragon’s Curse: U.S. Biotech and Chinese Investment Dilemma
Chinese investors are filling the funding gap in U.S. biotech, but the risks of their capital extend beyond geopolitics. One medtech company’s struggle reveals the hidden costs.
“Digital Ellis Island” Welcome Tech tops $80.5M with latest $7.5M raise
Welcome Tech is betting on AI to scale its workforce engagement platform, which connects millions of immigrant households to jobs, healthcare, and financial tools.
Israeli Aerospace Startup AIR Lands $23 M for U.S. Expansion
AIR has secured $23 million in Series A funding to accelerate its U.S. expansion and scale production of its electric vertical takeoff and landing (eVTOL) aircraft. The round brings AIR’s total raised capital to around $50 million.
International Investors Rethink Energy Strategies as AI Spurs Demand
As AI’s energy demands surge, international investors are doubling down on grid reliability and supply chain resilience.
First-Gen Founders Limor and Panda Work to Decarbonize Their Heritage Regions
Nirvana Carbon, a startup launched by Princeton students Emma Limor and Sunrit Panda, helps communities in India and Kazakhstan combat environmental damage.
Most Digital Founders Don’t Need VC Investment. Here’s Why
Each year, thousands of international entrepreneurs head to the U.S. seeking funding from American VCs. Charles Leyte, a top financial strategy consultant, explains why investment may harm your business and suggests alternatives.
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.
International biotech startups set sights on U.S. for funding boost
The mood in biotech is grim as funding for early-stage startups is drying up. Why are European and Asian founders betting on U.S. investors?
Chilean Startup Program Bets on U.S. Market, Unveils New Fund Amid Uncertainty
Startup Biobío, the program backed by the Chilean Economic Development Agency (CORFO), is raising $5 million for a fund to invest in alumni scaling in the U.S.
How I Secured Capital for My Early-Stage Startup as an Immigrant
I came to the U.S. with a dream of building my own business. Like many immigrants, I lacked a strong network for a ‘friends and family’ round. How did I manage to secure 150K in funding with nothing but an idea, while still on an H1B visa?
How International Startups Can Seize Opportunities in Climate Adaptation
At a recent event hosted by Climate-KIC, investors, policymakers, and founders discussed the potential of solutions to threats such as hurricanes, rising sea levels, and extreme heat.
Over 50% of top climate risk software startups are led by international entrepreneurs
More than half of climate risk software companies, which collectively have raised over $930 million in the past
Underdogs Rising: Immigrants built 62% of U.S. and UK “unicorns”
A new study has found that 70% of U.S. and UK ‘unicorns’ — companies worth over one billion dollars — have “underdog founders” such as women and people of color. First or second generation immigrants built 62% of these startups.
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.
The pitfalls of mentorship and “Smart Money” in startups
Leaning too heavily on a mentor’s guidance can foster unhealthy dependency, impede necessary pivots, and stifle innovation, writes serial entrepreneur Michael Burtov. What are the red flags?
News flash: Your startup’s investor pool just got way bigger
U.S. legislators are updating requirements for “accredited investors” — people or organizations that are allowed to invest in startups. The lifelong entrepreneur and consultant Michael Burtov explains how immigrant founders could benefit.
Board of Directors vs Board of Advisors: Startup’s Brain vs Soul
In essence, a board of advisors is more concerned with a company’s strategic interests, while a board of directors focuses on advancing the interests of shareholders. This distinction seems subtle, but for many companies that originate outside the U.S. startup ecosystem, this can be quite a foreign concept. Lifelong entrepreneur Michael Burtov explains the difference between the two.
Underfunded, Underrepresented: Latinx founders forge paths in the U.S. venture ecosystem
Latinx-owned businesses are the fastest-growing demographic among all U.S. entrepreneurs, according to reports. However, less than 1% of funds from the top 25 venture capital and private equity firms have invested in Latinx-led enterprises. Why does this lack of Latinx-led business funding persist?
I almost joined the Newchip accelerator right before it collapsed. Was it a scam? Here’s what I recommend to other founders.
The recent collapse of Newchip, one of the world’s biggest accelerators, was a shock to the venture ecosystem. Bjorn Erik Hansen, founder and CEO at INTIEM, an AI-based SexTech solution, believes the organization’s business model was an intentional deception. Just a few days before news of the bankruptcy became public, his Miami-based startup had said “no” to joining Newchip’s new cohort.