Category: Startups

BusinessStartups

Former Luminar CEO Austin Russell Seeks to Reacquire Autonomous Vehicle Tech Firm

Austin Russell, the former CEO who left Luminar Technologies earlier this year, is making a bid to regain control of the lidar company he founded. According to SEC documents, Russell aims to acquire all outstanding shares through his newly formed Russell AI Labs while keeping the company publicly traded.

Billionaire Founder Seeks Company Buyback

Former chief executive officer Austin Russell is attempting to reclaim control of Luminar Technologies, the autonomous vehicle sensor company he founded and led until his abrupt resignation earlier this year. According to reports, the 30-year-old billionaire has filed documents with the SEC indicating his intention to acquire “100% of the outstanding shares of the Class A Common Stock” in Luminar through his new venture, Russell AI Labs.

by Elijah Porter
StartupsTechnology

NeuroBell CEO Honored as Top Startup Founder for Neonatal Brain Monitor Innovation

NeuroBell CEO Mark O’Sullivan has been named Enterprise Ireland’s HPSU Founder of the Year for developing Luna, a portable brain monitor with AI-powered seizure detection. The medical device enables neonatal ICU staff to quickly diagnose seizures in infants without requiring subspecialty expertise. The award recognizes the startup’s rapid growth and global expansion plans.

Neonatal Medical Technology Breakthrough Earns Top Startup Honor

Mark O’Sullivan, co-founder and CEO of medical technology company NeuroBell, has been awarded the prestigious Enterprise Ireland High-Potential Start-up Founder of the Year title, according to reports from the recent awards ceremony. The recognition comes for his work on Luna, a portable brain monitoring device that helps neonatal intensive care staff quickly detect seizures in infants.

by Elijah Porter
BusinessStartups

Kitchen Startup Poppi Sells to PepsiCo in $2B Deal After Digital-First Growth

What began as gut-healthy drinks made in a kitchen in 2016 has culminated in a massive $1.95 billion acquisition by beverage giant PepsiCo. The founder attributes success to perfect timing, digital-first strategy, and continuous investment in momentum.

From Kitchen Startup to Billion-Dollar Acquisition

In a remarkable entrepreneurial journey, the prebiotic soda brand Poppi has been acquired by PepsiCo for approximately $2 billion, according to reports. The company’s founder stated the success stemmed from having “the right people, right time, right product” and consistently investing when momentum appeared.

by Elijah Porter