Latest Startups & Entrepreneurship News
Perplexity Launches $1M AI Startup Challenge: Billion Dollar Build
AI startup Perplexity opened registrations on April 14, 2026, for its 'Billion Dollar Build' challenge, offering up to $1M in seed funding to US founders building $1B-valued startups using Perplexity Computer. Participants have eight weeks to demo traction; top 3 winners get funding and credits, with pitches on June 9.
The multi-agent AI aims to compress startup creation from idea to growth.
AXA UK Startup Angel Competition Offers £25,000 Funding
AXA UK launched its 2026 Startup Angel Competition on April 13, 2026, with applications open until June 21. Two winners receive £25,000, first-year business insurance, mentoring, and health perks; People's Choice Award also available.
Aspiring founders pitch unique ideas for a chance to launch with top UK entrepreneurs' support.
Latvian Startups Invited to Entrepreneurship World Cup
Latvian entrepreneurs are encouraged to apply for the global Entrepreneurship World Cup selection via Labs of Latvia. The competition offers international exposure and prizes for promising startups.
Applications are open to showcase innovative ideas worldwide.
Strava Eyes IPO Amid Gen Z Run Club Boom
Strava, valued at $2.2B, benefits from Gen Z's run clubs and marathons, with CEO Michael Martin confirming IPO intentions for capital and acquisitions. User base hit 180M by December 2025; recent buys include Runna and Breakaway.
The app aligns with analog lifestyles and social fitness trends.