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  • $1.2B Biotech Giant Slashes 40% of Workforce as Cash Dwindles
Bay Area biotech firm once worth $1.2 billion lays off 40% of staff
Layoffs
$1.2B Biotech Giant Slashes 40% of Workforce as Cash Dwindles
Founder News Team Aug 7, 2026 0

A single biotech firm once valued north of a billion dollars is cutting nearly half its staff in a scramble…

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European tech weekly recap: More than 60 tech funding deals worth over €585M
Funding
European Tech Surges With €585 Million Across 60 Deals as Analytics, Quantum and Travel Sectors Race for Dominance
Founder News Team Jun 25, 2026 0

European tech recorded more than 60 funding deals totalling over €585 million last week, alongside three exits and M&A transactions.…

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Latest News
Weekly Startup Funding News - TechStory
AI Startup Simile Hits $2 Billion Valuation Just Five Months After Its Previous Round
Aug 7, 2026
Europe facing winter gas squeeze due to Iran conflict – The Irish Times
Europe’s Gas Reserves Plummet to 54% as Iran Blockades Vital Strait
Aug 7, 2026
Andrew Legget
$4.4 Billion Quarter and Raised Guidance Propel IQVIA’s Stock Surge
Aug 7, 2026
Spain’s Ceuta Migrant Crisis: At Least 72 Dead as Tens of Thousands Cross from Morocco
72 Dead as Rumors of Open Borders Drive Mass Crossing Into Spain’s Ceuta
Aug 7, 2026
Guilty until proven innocent: Pakistan's textile trade on trial
4.6% Pay Violations Don’t Justify Europe’s Verdict on Pakistan’s Textile Sector
Aug 7, 2026
Recent Posts
  • AI Startup Simile Hits $2 Billion Valuation Just Five Months After Its Previous Round
  • Europe’s Gas Reserves Plummet to 54% as Iran Blockades Vital Strait
  • $4.4 Billion Quarter and Raised Guidance Propel IQVIA’s Stock Surge
  • 72 Dead as Rumors of Open Borders Drive Mass Crossing Into Spain’s Ceuta
  • 4.6% Pay Violations Don’t Justify Europe’s Verdict on Pakistan’s Textile Sector
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Founder News Team
We aim to empower European founders with the insights, trends, and tools they need to build, grow, and lead world-class companies. By delivering sharp, actionable news and stories that matter, from fundraising to regulation, and from talent to tech, we help entrepreneurs stay ahead in a fast-changing world.
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Europe facing winter gas squeeze due to Iran conflict – The Irish Times
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Founder News Team Aug 7, 2026
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60,000 Migrants Storm Spanish Enclave After Moroccan Police Urge Them to Cross
Founder News Team Aug 7, 2026
DTiNews
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US chicken floods Vietnam as 200,000 tonnes overwhelm local producers
Founder News Team Aug 6, 2026

We aim to empower European founders with the insights, trends, and tools they need to build, grow, and lead world-class companies.

By delivering sharp, actionable news and stories that matter, from fundraising to regulation, and from talent to tech, we help entrepreneurs stay ahead in a fast-changing world.

Latest News
Weekly Startup Funding News - TechStory
AI Startup Simile Hits $2 Billion Valuation Just Five Months After Its Previous Round
Aug 7, 2026
Europe facing winter gas squeeze due to Iran conflict – The Irish Times
Europe’s Gas Reserves Plummet to 54% as Iran Blockades Vital Strait
Aug 7, 2026
Andrew Legget
$4.4 Billion Quarter and Raised Guidance Propel IQVIA’s Stock Surge
Aug 7, 2026
Spain’s Ceuta Migrant Crisis: At Least 72 Dead as Tens of Thousands Cross from Morocco
72 Dead as Rumors of Open Borders Drive Mass Crossing Into Spain’s Ceuta
Aug 7, 2026
Guilty until proven innocent: Pakistan's textile trade on trial
4.6% Pay Violations Don’t Justify Europe’s Verdict on Pakistan’s Textile Sector
Aug 7, 2026
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