Latest Startups & Entrepreneurship News
Reka AI Achieves Unicorn Status with $110M Funding Round
Reka, a multimodal AI generation startup, raised $110M, propelling it to unicorn status amid enterprise demand for AI decision-making tools. The funding highlights growing investor interest in AI startups capable of handling diverse data inputs.
Enterprises increasingly rely on such AI solutions despite challenges in data interpretation.
Snap Compliance Secures $2M in LATAM Startup Funding
Costa Rica-based Snap Compliance, operating in Chile, led LATAM Week 1 2026 funding with $2M to enhance regulatory compliance tools. The capital will support product development and regional expansion amid rising compliance needs.
This reflects investor focus on startups solving local regulatory issues.
Guarda Raises $806K for Parametric Insurance in Brazil
Brazilian fintech Guarda secured $806K in pre-seed funding to scale parametric insurance covering climate and agricultural risks. The startup aims to insure up to 10,000 hectares early in 2026.
It signals momentum in data-driven insurance products for LATAM.
Galilee Lands $500K from Y Combinator-Backed Fund
Colombian digital credit fintech Galilee raised $500K from a US fund with Silicon Valley and Y Combinator ties. The funding bolsters its position in Colombia's competitive fintech scene.
It underscores steady early-stage capital for financial inclusion.
Armis Secures $435M Pre-IPO Round, IPO Planned for 2026-2027
Cybersecurity firm Armis raised $435M in a pre-IPO round in November, targeting public listing late 2026 or early 2027. The nine-year-old company manages cyber incident exposure for enterprises.
It reflects resurgent IPO interest in cybersecurity.
January 2026 Grant Roundup Offers Over $3M for Entrepreneurs
Transform The Hustle lists vetted grants like Weekly Skip Grants ($1K on Jan 2+), Visible Hands Fellowship ($10K by Jan 7), and Amex Shop Small ($20K by Jan 16). Opportunities target US entrepreneurs, underrepresented founders, artists, and small businesses.
Total exceeds $3M in non-dilutive funding to kick off 2026.