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Week brief · July 13 to 19, 2026

Startups news, week of July 13, 2026

In the week of July 13 to 19, 2026 the Startups desk recorded 19 news events on 6 days. Funding led with 5.

The most covered stories of the week

  1. Jul 16 CNBC: “Chinese startup Moonshot AI unveils Kimi model it says rivals OpenAI, Anthropic” 30
  2. Jul 15 Report: Stripe and Advent offer $53B to acquire PayPal 5
  3. Jul 14 ABB makes minority investment in UK startup Gridcog 3
  4. Jul 13 moneycontrol.com: “BITS Pilani - backed AI edtech startup Sortmyprep raises $350, 000 in funding” 2
  5. Jul 13 Octane announces Janelle Brunette as chief executive, Bill Carpou as executive chairman 2
  6. Jul 14 Quantum X Labs says it validated continuous-data quantum sampling workflow 2
  7. Jul 14 Leon Capital Group closes about $19 million in structured equity investments 2
  8. Jul 14 Google launches AI tools and partnerships for India 2
  9. Jul 14 asiaone.com: “China memory chipmaker CXMT sets July 27 listing for Asia biggest IPO of 2026, sources say” 2

Monday, July 13, 2026

  1. 01

    Coverage recordmoneycontrol.com: “BITS Pilani - backed AI edtech startup Sortmyprep raises $350, 000 in funding”

    2 outlets · first: moneycontrol.com Funding

    Reports ran between 12:15 and 18:15 UTC on Jul 13.

    The outlets that reported this event are listed with links to their reports; no summary of ours passed our automated checks for it, which says nothing about the event (how they work).

    Reported by moneycontrol.com and businesstoday.in.

    • sortmyprep
  2. 02

    Octane announces Janelle Brunette as chief executive, Bill Carpou as executive chairman

    2 outlets · first: Globe Newswire Leadership Mostly press releases

    Machine summary Octane announced a planned leadership transition under which Bill Carpou, chief executive for twelve years, becomes executive chairman of the board, and Janelle Brunette, a longtime Octane executive, is named chief executive effective January 1, 2027.

    1. Octane said Janelle Brunette, a longtime executive at the organization, has been named chief executive, effective January 1, 2027.
    2. Octane said Carpou assumed the chief executive role in 2015.

    Reported by Globe Newswire and financialcontent.com.

    • Octane

Tuesday, July 14, 2026

7 events. The full rundown for July 14, 2026. The most covered:

  1. 08:15 UTC ABB makes minority investment in UK startup Gridcog 3
  2. 13:05 UTC Quantum X Labs says it validated continuous-data quantum sampling workflow 2
  3. 13:00 UTC Leon Capital Group closes about $19 million in structured equity investments 2

Wednesday, July 15, 2026

  1. 03

    Report: Stripe and Advent offer $53B to acquire PayPal

    5 outlets · first: thenews.com.pk Acquisition

    Machine summary Stripe and Advent International have reportedly submitted a joint takeover bid for PayPal valued at more than $53 billion, according to reports. The offer, submitted earlier this month, is backed by about $50 billion in committed bank financing. PayPal, Stripe and Advent have not commented on the report.

    Reported by thenews.com.pk, cointelegraph.com, CNBC, Hindustan Times and techcrunch.com.

    Full coverage: every report, when each was published, and who was named (5 outlets)

  2. 04

    Lucid CEO denies bankruptcy and take-private reports

    2 outlets · first: finance.yahoo.com Market trends

    Machine summary Lucid Group CEO Silvio Napoli said reports that the company was considering bankruptcy or a take-private transaction are false, according to insidermonkey.com. Napoli said in a LinkedIn post that the board did not explore either scenario, the report said.

    1. Lucid Group CEO Silvio Napoli said "Lucid is not considering bankruptcy or a transaction to take the company private. Those reports are false. The Board did not explore either scenario," according to insidermonkey.com.
    2. Napoli said in a LinkedIn post that the company generally does not comment on rumors but that the claims required a direct response, according to insidermonkey.com.
    3. Napoli said Lucid currently has "sufficient liquidity" to fund its operations well into next year, according to insidermonkey.com.

    Reported by Insider Monkey and finance.yahoo.com.

  3. 05

    JPMorgan earnings hit record on IPO and trading boom

    1 outlet · first: nepalnational.com (Big News Network)

    Machine summary JPMorgan's earnings hit a record on an IPO and trading boom, according to reports.

    1. JPMorgan's earnings hit a record, according to reports.
    2. The reports attribute the record to an IPO and trading boom.

    Reported by nepalnational.com (Big News Network), utahindependent.com (Big News Network), clevelandstar.com (Big News Network), parisguardian.com (Big News Network) and dallassun.com (Big News Network).

Thursday, July 16, 2026

4 events. The full rundown for July 16, 2026. The most covered:

  1. 22:11 UTC CNBC: “Chinese startup Moonshot AI unveils Kimi model it says rivals OpenAI, Anthropic” 30
  2. 03:00 UTC Whale’s $40M Series C3 Extension Brings Total AI Ops Funding to $100M 2
  3. 15:04 UTC Saronic picks Brownsville for $3 billion Port Alpha shipyard 2

Friday, July 17, 2026

  1. 06

    Skyroot plans first private orbital rocket launch before August 4

    1 outlet · first: economictimes.indiatimes.com Product launch

    Machine summary Key facts from the reports:

    1. Pawan Chandana, Skyroot co-founder, told AFP the launch is a milestone for Skyroot and for India

    Reported by economictimes.indiatimes.com.

More events reported

No summary of ours and no outlet headline passed our automated checks for these, which says nothing about the events (how they work); the outlets and their reports are linked.

Saturday, July 18, 2026

  1. · 2 outletsnews.webindia123.com, calcuttanews.net (Big News Network)

Summaries and key facts are machine summaries of the reports linked with them; outlets, times and counts come from those reports. How a rundown is built.

What kind of news was it?

  1. Funding 5
  2. Product launch 4
  3. IPOs 3
  4. Regulation 2
  5. Market trends 2
  6. Leadership 1
  7. Acquisition 1

Sources: the outlets' reports linked on this page; counts and times from GetYourBrief's record of those reports (methodology).