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The Ion District is a 16-acre (6.5 ha) innovation district in Midtown, Houston. [5] The district is anchored by the Ion, which serves as a central "hub for startups, corporations, venture capitalists, business accelerator programs, academics and others", according to the Houston Chronicle. [6]
In addition to the Fortune 500 companies above, many other companies in multiple fields are headquartered or have based their US headquarters in Houston. Al's Formal Wear; Allis-Chalmers Energy; Allpoint; American Bureau of Shipping; American National Insurance Company (Galveston) Aon Hewitt; Archimage; Avelo Airlines; Axiom Space; Baker Botts ...
This is a list of unicorn startup companies: In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more. Notable lists of unicorn companies are maintained by The Wall Street Journal , [ 1 ] Fortune Magazine , [ 2 ] CNNMoney / CB Insights , [ 3 ] [ 4 ] TechCrunch , [ 5 ] PitchBook/Morningstar, [ 6 ...
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Y Combinator interviews and selects two batches of companies per year. The companies receive a total of $500,000 in seed money as well as advice and connections. The $500,000 in funding is made up of $125,000 on a post-money SAFE in return for 7% equity and $375,000 on an uncapped SAFE with a "most favored nation" ("MFN") provision (i.e.: "we get the same best terms you give anyone else in the ...
Startup loans ultimately work like any other business loan: You apply for funding, a lender assesses your creditworthiness, and if your loan is approved, you repay the funds with interest.
[17] [1] On March 1, 2024 Groq acquired Definitive Intelligence, a startup known for offering a range of business-oriented AI solutions, to help with its cloud platform. [18] Groq raised $640 million in a series D round led by BlackRock Private Equity Partners in August 2024, valuing the company at $2.8 billion. [1] [19]
Microsoft for Startups, formerly known as Microsoft BizSpark, is a Microsoft program that provides support, Azure credits, and free licenses to selected Microsoft products, which are then also provided to software entrepreneurs and start-ups, [1] providing the benefits and the perks to the selected members of this program for a term of 3 years.
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